1966 Chevrolet Chevelle Malibu

2dr Convertible

8-cyl. 327cid/275hp 4bbl L30

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

$29,500*

-2%
#4 Fair condition#4 Fair
Value GraphOct 2024
insurance

Protect your 1966 Chevrolet Chevelle from the unexpected.

Better coverage built for classics at a price you can afford. Online quotes are fast and easy
More 1966 Chevrolet Chevelle Malibu values

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

  • Wheelbase - Inches115 in

Equipment

  • StandardOptional
  • Transmission3-Speed Manual Transmission
  • BrakesPower Brakes
  • Power SteeringYes
  • TiresWhite Sidewall Tires
  • Air ConditioningYes
  • Manual Cruise ControlSpeed Control
  • WindowsPower Windows
  • Comfort Equipment Heater/Defroster
  • SeatsBench Seat
  • TachometerYes
  • Restraint TypeSeat Belts

Equipment

Standard

  • Transmission3-Speed Manual Transmission
  • Comfort Equipment Heater/Defroster
  • SeatsBench Seat

Optional

  • BrakesPower Brakes
  • Power SteeringYes
  • TiresWhite Sidewall Tires
  • Air ConditioningYes
  • Manual Cruise ControlSpeed Control
  • WindowsPower Windows
  • TachometerYes
  • Restraint TypeSeat Belts
Find more values
Search for prices of other cars, trucks, vans and motorcycles
Classic car

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, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.