By KBB Editors
Updated December 23, 2019
If you’re looking for budget-conscious, efficient basic transportation you’ll like the Aveo LT. Practical, utilitarian and with no complicated high-tech systems to learn, the little sedan is also a good choice for RVers looking for a haul-behind car. Another plus: The high seating position for driver and passenger.
You may not like the LT if you expect instant response from the automatic transmission. You may also find that child carseats are the best bet for occupying the back seat. With the front seats all the way back, there is very minimal legroom for rear-seat passengers.
Fresh from its 2007 makeover, the 2008 Aveo has only minor changes. A tire-pressure monitoring system is standard across the line and LT trims receive 15-inch aluminum wheels and chrome door handles.
The 2008 Chevrolet Aveo, a smartly styled subcompact, offers excellent fuel economy, a long list of standard features and a bargain-basement price. The Aveo’s appeal extends to budget-conscious first-time buyers, retired folks on limited incomes and those looking for a thrifty second car. Available as a sedan or five-door hatch, the Aveo’s uncommonly high roof means tall occupants can sit comfortably both front and rear, a major bonus for those who might stay clear of small cars due to their cramped interiors.
2008 Chevrolet Aveo pricing starts at $2,935 for the Aveo Aveo5 SVM Hatchback Sedan 4D, which had a starting MSRP of $10,610 when new. The range-topping 2008 Aveo LT Sedan 4D starts at $3,412 today, originally priced from $15,905.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$10,610 | $2,935 | |||
$13,655 | $2,992 | |||
$14,730 | $3,422 | |||
$15,905 | $3,412 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2008 Chevrolet Aveo models in typical condition when purchasing from a dealership. These prices are updated weekly.
Driving a car as uncomplicated as the Aveo LT releases you from constantly checking the myriad of messages or dealing with the intricate controls found on the lavish instrument panels in pricier cars. With an eye occasionally on the speedometer, the driver is free to enjoy the surprising capabilities of the Aveo LT’s zippy little 103-horsepower engine. There is no available stability-control system, although anti-lock brakes (ABS) are an option. A slight lean is noticeable on corners taken at speed but the overall driving experience is precise and pleasant, with the car holding the line during straight, hard braking. As to be expected from this category of car, some tire, wind and engine noise is par for the course.
Small touches of metallic grain and satin chrome trim give an upscale look to the interior. Front seats with tilt headrests, storage pockets in doors and seatbacks, a sunglass holder and six-way adjustable driver’s seat are features you’d expect in a higher-priced car. The dashboard is simplicity at its best, clearly showing all the information the driver needs. The front passenger seat reclines and, with a trunk capacity of 12.4 cubic feet and rear 60/40-split seats that fold almost flat, there’s plenty of room for good-sized boxes or long, skinny stuff like skis.
A full-featured economy subcompact built by General Motors Daewoo in Korea, the Aveo LT is a competently-designed four-door whose sheetmetal blends smoothly together to present a neat package. The V-shaped hood and strong grille reveal its Chevrolet heritage and emphasize its wide stance. Large "shoulders" over the wheels, oversized front and rear lights and a height of almost five feet give it the appearance of a larger sedan.
Auxiliary Audio Input Jack
With an eye on youthful buyers who enjoy music 24/7, the Aveo LT has an auxiliary input jack for iPods and other music players and electronic devices.
Fuel Economy
Saving on fuel bills is high on many folks’ lists and Aveo buyers are obviously looking for this benefit. The LT with automatic transmission rewards you with 26 mpg city and 34 mpg highway, depending on road conditions and driving style.
Despite its entry-level status, the Aveo LT offers a surprising amount of useful equipment found on more expensive cars, including remote keyless entry with alarm, cruise control, air conditioning with rear vents, side airbags and power heated sideview mirrors. The remote trunk release saves time fumbling with keys and the rear window defogger, tilt steering column and adjustable headrests are unexpected extra conveniences. Music lovers will appreciate the LT’s standard CD/MP3 player and 180-watt six-speaker system with auxiliary input jack. Power windows and door locks lift this model above many of its similarly-priced competitors.
The four-speed automatic overdrive transmission with Hold Control uses adaptive-shift technology. It helps to reduce wheel spin and loss of traction by allowing the driver to manually select and then hold a gear so that torque to the wheels is reduced, much as with a true manual transmission. Like audio controls at your fingertips? The Aveo LT has them at thumb level on the steering wheel. Other options include a sunroof, leatherette seats, fog lamps, a rear spoiler, an engine block heater and an anti-theft system.
General Motors’ 16-valve four-cylinder engine powers the Aveo LT, producing 103 horsepower. An electronic throttle control and variable induction system help maximize power across the rpm range for consistency and fuel economy, and the four-speed automatic transmission’s Hold Control mode provides a pseudo-manual operation the driver can select for sportier or more controlled driving.
1.6-liter in-line 4
103 horsepower @ 5800 rpm
107 lb.-ft. of torque @ 3400 rpm
EPA city/highway fuel economy: 24/34 (manual), 23/32 (automatic)
Login or create a new account to see your vehicle depreciation forecast data.
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $827 | $2,040 | $868 | ||
2023 | + $515 | $2,555 | $548 | ||
2024 | $22 | $2,533 | $525 | ||
Now | $101 | $2,432 | $421 |
Unlock Forecast
2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
Already Own This Car?
Curb Weight | 2343 lbs. | ||
---|---|---|---|
EPA Total Interior | 107.4 cu.ft. | ||
Fuel Capacity | 11.0 gallons | ||
Front Head Room | 39.2 inches | ||
Front Leg Room | 41.2 inches | ||
Max Seating Capacity | 5 | ||
Overall Length | 152.7 inches | ||
Front Shoulder Room | 53.6 inches | ||
Trunk or Cargo Capacity | 7.0 cu.ft. | ||
Turning Diameter | 32.0 feet | ||
Wheel Base | 97.6 inches | ||
Width with mirrors | 65.7 inches |
Number of Doors | 4 doors |
---|
City | 24 mpg | ||
---|---|---|---|
Highway | 34 mpg | ||
Combined | 27 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Regular |
Horsepower | 103 @ 5800 RPM | ||
---|---|---|---|
Torque | 107 @ 3400 rpm | ||
Engine | 4-Cyl, 1.6 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
Used 2008 Chevrolet Aveo | Used 2014 FIAT 500L | Used 2008 Volkswagen New Beetle | Used 2008 Suzuki Reno | ||
---|---|---|---|---|---|
Price | $2,935 | $4,158 | $3,431 | $3,521 | |
KBB.com Rating | N/A | 3.2 | N/A | N/A | |
Consumer Rating | 3.7 | 4.5 | 3.7 | 3.7 | |
Fuel Economy | City 24/Hwy 34/Comb 27 MPG | City 25/Hwy 33/Comb 28 MPG | City 20/Hwy 28/Comb 23 MPG | City 19/Hwy 28/Comb 22 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Seating Capacity | 5 | 5 | 4 | 5 | |
Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | 3 years or 36000 miles | |
Horsepower | 103 @ 5800 RPM | 160 @ 5500 RPM | 150 @ 5000 RPM | 127 @ 5600 RPM | |
Engine | 4-Cyl, 1.6 Liter | 4-Cyl, Turbo, 1.4 Liter | 5-Cyl, 2.5 Liter | 4-Cyl, 2.0 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |
Yes, the 2008 Chevrolet Aveo is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
2008 Chevrolet Aveo city/highway fuel economy ratings range from 23/32 mpg to 24/34 mpg, depending on trim and equipment.
Used 2008 Chevrolet Aveo prices currently range from $2,935 for the Aveo5 SVM Hatchback Sedan 4D to $3,422 for the LS Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2008 Chevrolet Aveo is the Aveo5 SVM Hatchback Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $2,935.
The 2008 Chevrolet Aveo is part of the 1st-generation Aveo, which our owners give an above-average reliability rating of 4 out of 5.