Discount Incentive for Chevy Bolt
Bouncing Back: GM Decides to Continue Discount Incentive for Chevy Bolt Through End of 2022

Good news for people interested in the Chevy Bolt – GM has decided to continue the multi-thousand dollar discount for purchasing the Bolt EV and EUV through the end of 2022 instead of just August.

But while this may seem like great news, there’s more happening here. From recalls at Chevrolet dealer locations to tax credit changes, there’s a lot to talk about with the Chevy Bolt and its discount.

Chevy Bolt’s Bad Reputation

People keeping up with the latest from General Motors may remember that the company had to recall every Chevy Bolt made between 2019 and 2022. Reports said it was due to battery fires caused by defects in LG’s manufacturing of the batteries.

While GM acted swiftly by removing even brand new Bolts on the lots of Chevrolet dealers and communicating with anyone who’d purchased affected vehicles, this still left many customers unhappy and tanked the reputation of the Chevy Bolt.

Even though the situation has been resolved, GM may have decided to sell the rest of the available 2022 Bolt and Bolt EUVs at a reduced price to smooth things over for customers.

Price Changes and Incentives

So what is the big discount the Chevy Bolt is getting? Just under $6,000 for the Bolt and close to $6,500 for the EUV. This means a base model Bolt would cost $26,000 new, while the baseline Bolt EUV is $28,000. This includes the $1,000 destination fee for delivering the vehicle to a Chevrolet dealer near you.

This discount makes the Chevy Bolt the most affordable EV currently on the market. The new price beats out EVs from manufacturers like Nissan, which used to be known for their affordability.

It’s only guaranteed until December 31st, 2022, so buyers must act quickly to take advantage of the new affordable pricing.

The Future for the Bolt

But that leaves the question of what will happen to the Bolt after this promotional incentive ends.

GM, like Tesla, no longer has the EV tax credit to fall back on to provide incentives for consumers to transition to electric vehicles without paying more out of pocket or reducing manufacturer profit. A new Inflation Reduction Act may help create a new EV-specific credit, but there’s no guarantee that it’s coming any time soon.

This means that the Chevy Bolt’s bad reputation and lack of incentives may hurt its chances of survival in 2023 and beyond. It may be discontinued like the Volt. Or maybe it will survive as a less-desirable EV option.

Either way, it’s important to remember that if you want a Chevy Bolt, this is the best time to get one. They’ve been heavily inspected and repaired after the battery issues they faced, and the current discount available shaves thousands of dollars off the sale price.

Now may be the only good time to head down to your local Chevrolet dealer and find out what you can do to get an affordable Chevy Bolt or Bolt EUV.

usedcars
The Safest Used Cars Under $10,000

Many consumers are looking at used cars right now as new inventories continue to fluctuate. However, if safety and affordability are your top concerns, you might be wondering how you can get both with a used car. The truth is, you can definitely get both. Let’s take a look at some safe and very affordable used cars that you can pick up for less than $10,000 in most cases.

Read More

Chevrolet 2022 EV Lineup
Chevrolet’s 2022 EV Lineup Charges Ahead

Have you noticed how many electric vehicles are on the road lately? EVs have come a long way in the past ten years, and more manufacturers, including Chevrolet, are jumping into the market with both feet, adding all-electric vehicles to their lineup in every market segment. Chevrolet’s most recent addition is the Bolt EUV. This crossover-style vehicle is an alternative to the popular Bolt EV, which received a significant update for the 2022 model year. Let’s take a look at the 2022 EV lineup headed to a Chevrolet dealership’s lot this year.

Read More

reliable mid sized cars real
Top 10 Reliable Mid-Sized Cars

Midsize cars are some of the most sought-after vehicles on the market. Whether you’re dropping the kids off to school in a used Kia Optima or taking a road trip in a pre-owned Honda Accord, midsize cars offer comfort, safety, fuel economy, and more.

Read More

Best SUVS of 2022
Most Affordable Small SUVs of 2022

SUVs are easily the most popular vehicles on the road today. They come in every shape and size and meet every kind of need out there. At the same time, not everyone is looking for a big ride, and not everyone can afford the most luxurious models.

Luckily, there are plenty of small crossover SUVs that offer all of the perks of this popular vehicle type but come at a super attractive price tag. Read More

Used Trucks for Sale
Don’t Buy New – Shop Used Trucks

When you finally decide to pull the trigger on buying a truck, it might be tempting to look at brand-new models. While there’s nothing quite like the look of a new pickup, the price tag alone can be enough to crush your excitement.

New trucks are not cheap. More importantly, used trucks for sale offer a variety of perks that are hard to find on a new pickup.

Here’s why you should consider shopping for used trucks for sale when it’s time to bring your next pickup home. Read More

GMC Canyon Vs. Chevy Colorado
GMC Canyon Vs. Chevy Colorado

If you’re deciding between stopping by a GMC dealer to explore a GMC Canyon or visiting your local Chevy dealer to explore a Chevy Colorado, you’re getting ready to make one of the most challenging decisions of your life. Both of these light-duty trucks ultimately fall under the General Motors umbrella, which means they share quite a few similarities. At the same time, they are different enough that you’ll notice some distinction.

Read More