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Ahead of cheaper 2023 Chevy Bolt EV, GM incentive gives 2022 models nearly the same discount

The 2023 Chevrolet Bolt EV will get a major price cut, however there isn’t any want to attend for it, as Common Motors is closely discounting 2022 fashions, in response to CarsDirect.

Starting June 8, all 2022 Bolt EVs turned eligible for a $5,900 rebate, in response to the web site. The almost an identical Bolt EUV will get a good greater $6,300 rebate.

Whereas there probably aren’t many left in inventory, Chevy can be discounting the 2021 Bolt EV by as much as $12,900. These financial savings will be mixed with a $3,000 bonus for EVs outfitted with DC quick charging and a $3,750 loyalty low cost for present Bolt EV lessees for a complete of $19,650 in financial savings, in response to CarsDirect.

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV

Nonetheless, the 2021 Bolt EV predates the refresh and enchancment the electrical hatchback obtained for the 2022 mannequin 12 months, which additionally noticed the addition of the Bolt EUV to the lineup. A sweeping battery-related recall began not lengthy after the 2022 fashions have been launched, halting production for a lot of the previous 12 months.

The 2022-model-year reductions additionally include some caveats. CarsDirect notes that the brand new incentive is from Chevy’s Buyer Money program, which solely applies to buying, not leasing. Essentially the most reasonably priced costs additionally embrace the loyalty low cost, which customers new to the Bolt EV aren’t eligible for.

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV

Nonetheless, these reductions ought to give EV buyers an possibility aside from ready for 2023 fashions to reach at dealerships. The 2023 Bolt EV and Bolt EUV get a $5,900 and $6,400 worth drop, respectively. The Bolt EUV additionally will get a new Redline Edition mannequin, with sportier styling parts.

With the brand new low cost, the recent misrepresentation of the Bolt EV and EUV as an “costly” electric car is much more inaccurate. With the 2023 fashions now beginning under $30,000 earlier than incentives, they’re now among the many lowest-priced EVs on sale, and reasonably priced even by internal-combustion automotive requirements.

Partly, the value cuts are making house for each the brand new Chevy Blazer EV, beginning round $40,000, and the Equinox EV on account of begin round $30,000.

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