1965 Chevrolet Chevelle Malibu SS 396

2dr Sport Coupe

8-cyl. 396cid/375hp 4bbl Z16

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$97,900*

-0.1%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$20k$40k$60k$80kJan 2025

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1964-1967 Chevrolet Chevelle stats
Number produced **
201
Highest sale
$412,500
Lowest sale
$1,430
Most recent sale
$56,700
Sales
3468
** Number produced is specific to this year and configuration.

Photos

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1964 Chevrolet Chevelle Malibu
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**Figure based on a stock 1965 Chevrolet Chevelle valued at $97,900 with OH rates with $100/300K liability/UM/UIM limits. Actual costs vary depending on the coverage selected, vehicle condition, state and other factors. Hagerty determines final risk acceptance.

Model overview

Model description

When you’re King of the Hill as GM was in the early 1960’s, and own 50% of the entire market (with 25% of the entire market being Chevrolet alone), you can afford to let the little guys “go first.” At least that’s how GM played their cards with the Malibu. Ford introduced an entirely new category of car, the “intermediate”, in 1962 with their Fairlane, which seemed far more substantial than the ½-size–smaller, not-quite-intermediate “large compact” GM brethren from Pontiac, Oldsmobile and Buick which were introduced a year earlier. By 1964, these “BOPers” as they were called joined the all-new Chevrolet Chevelle and upscale version, Malibu, on a new perimeter frame and firmly ensconced themselves in the “intermediate” market.

With Chevrolet being the major player in the GM stable, it only seemed fitting that these cars were given much publicity by the auto magazines of the day. The basic engine was the 194 cubic inch six shared with the Nova, with a larger 230 six shared with the senior cars optional, and a 283 V-8 with up to 220hp for 1964. An SS option was immediately available, as was a new Chevrolet Division sourced four speed floor shift. Initial descriptions of the Malibu did not include the 327 V-8 option which magically appeared before the end of 1964, boosting maximum power to 300 hp.

Curved side glass and crisp styling combined with sparkling small block V-8 performance helped give these cars a nice send-off, and given the fact that compact sales had started to wane during 1963, these cars proved to be perfectly timed to capture the mood of America, which was once again moving towards somewhat larger, sportier and more powerful cars. These cars were masterfully done. By mid-year 1965, a 396 cubic inch 375-hp big-block was optional, a good 18 months after GM brethren Pontiac introduced their powerful GTO, and the race was on. 1966 saw a reskin, for a then fashionable Coke bottle look, with “flying buttress” rear roof styling on 2 door sports coupes.

Vehicle specifications

  • Vehicle Length196.6 in
  • Wheelbase - Inches115 in
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Common Questions

The value of a 1965 Chevrolet Chevelle Malibu SS 396 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $97,900 for a 1965 Chevrolet Chevelle Malibu SS 396 in good condition with average spec.

The highest selling price of a 1965 Chevrolet Chevelle Malibu SS 396 at auction over the last three years was $247,500. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1965 Chevrolet Chevelle Malibu SS 396 at auction over the last three years was $26,775. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 13 1965 Chevrolet Chevelle Malibu SS 396s sold at public auction.

The most recent auction sale of a 1965 Chevrolet Chevelle Malibu SS 396 was $35,755 on November 14, 2024 by Bring a Trailer.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.