A massive price cut for an already attractive car is somewhat of a strange move in this environment, but it’s certainly welcome. High gas prices have more people considering electric than ever, and global supply shortages have impacted vehicle production, inflating both the new and used car markets. Speaking of which – the new EV market is currently quite impacted, with new cars of any type, particularly electric cars, being tough to find. The balance for that could change with this November’s elections, so if you want a really cheap EV and cleaner air, you might consider voting against the party stopping you from getting those. The Bolt still qualifies for state and local EV incentives in some areas, so keep an eye out for those and you might be able to get a better deal.Įven better, there is some tiny chance that the government might pass an EV tax credit extension with the Build Back Better act which passed the House, though efforts for that are still stalled due to all Senate republicans (plus Joe Manchin) blocking this necessary environmental and economic package in a time where we could really use it. If you take those into account, the Leaf is still cheaper – though Nissan will likely reach their 200K vehicle cap later this year, especially with the attractive Nissan Ariya (finally) coming out soon. Chevy Bolt EUV “Redline Edition”Įven despite the Leaf’s huge price cuts from last year, we think this will make the Bolt the cheapest new EV in America – if you ignore the federal tax credits and go by MSRP. There’s a new color available, Radiant Red Tintcoat, at additional cost, and dealers will start selling front and rear floor liners. Otherwise there are no significant changes to the underpinnings of the vehicle from the 2022 model.
Chevy has added a “Redline edition” trim to the EUV (and not the EV), which is mainly just an appearance package, and can be added on for $495. The Bolt EUV will start at $27,200 base price, and the EUV Premier is $31,700.
The upgraded Bolt 2LT trim starts at $28,800. The price cut comes across the entire model line, with every trim and model receiving a similar approximate $6,000 price cut. This means the Chevy Bolt will have a lower MSRP than the base model Nissan Leaf, though the Leaf still qualifies for the US federal EV incentive, whereas the Bolt does not. The Chevy Bolt lineup is getting a massive price cut for 2023, dropping from $31,500 to $25,600 (before the $995 destination fee).
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