Last week, we brought you a rundown of the cheapest cars of 2013 to show that new cars don’t have to been pricey. Today, we found out that another 2013 model is getting a huge price cut, and we wanted our readers to be the first to know!

According to reports from Motor Trend, GM has excess inventory of the 2013 Chevrolet Malibu, and they are eager to sell.

Here’s a rundown of the discounts:

1LS – Previously $23,150, now $22,805
1LT – Previously $24,765, now $23,995
2LT – Previously $26,000, now $25,700
3LT – Previously $27,710, now $27,410
Eco 1SA – Previously $26,095, now $25,795
Eco 2SA – Previously $27,705, now $27,405
1LTZ – Previously $28,590, now $28,715
2LTZ – Previously $30,925, now $30,510

These models are discounted anywhere from $300 to $770, so car buyers can pick up a 2013 Chevy Malibu for as low as $22,805. GM isn’t the only one offering deep discounts on new models, though, and during the winter months, dealerships across the country are marking down lots of new and used models. If you missed our rundown of the cheapest 2013 models, check it out here.

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