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If you want to know if your Chevy Malibu is a classic or an antique, the answer is a little tricky. An "antique" car (or anything else for that matter) is defined as one that is 25 years old or older. A "classic" is a more difficult to define, as its criteria are generally in the eyes of the owners/fanatics. Some may think a '72 VW Bug is a classic. In fact, most would agree, from a historical perspective. However, there are many who would simply consider it an inferior piece of automotive machinery. (Anyone who's been in an old VW Bug in the winter can attest to that. Brrr.)
Your best bet is to look up your used vehicle online and compare reviews. See how much your car is selling for, and that will give you an idea of what the general public thinks its worth in terms of its "classic" quality.