Chevrolet Bolt EV sales increased 14 percent to 3,965 units in the second quarter of 2019, a welcome upward trend but one that still results in a very low sales volume figure for the small electric car. It’s worth noting that the complete federal electric vehicle tax credits ran out on April 1st, making vehicles like the Chevrolet Bolt EV less attractive to the customer. However, it looks like The General is attempting to make up for this circumstance with affordable lease options and sizable discounts.
A CarsDirect.com report states that a dealer incentive bulletin lists the Chevrolet Bolt EV at $339 for 39 months with $2,769 due at signing, or “an effective cost of $410/month before taxes & fees.” Additionally, we came across a listing at Quirk Chevrolet in Braintree, Massachusetts, which advertises Bolt EV lease options starting at $195 a month with an undisclosed amount of money down or $245 a month with no money down. We can’t speak to the validity of these specific offers, but we do know that GM is providing a $2,500 national lease incentive.
On top of the attractive lease offers, there’s also a discount of nearly $8,000 available for the Chevrolet Bolt EV during September 2019. See all cash discount offers for the month below:
- Example offer: $6,500 customer cash + $1,420 price reduction below MSRP = $7,920 total cash allowance
- Example offer based on Premier model with an MSRP of 43,735
- Cash offer: $2,000 customer cash + $4,500 purchase bonus cash = $6,500 total cash allowance
There’s also a low finance interest rate of 1.25 percent APR.
For reference, here are the applicable 2019 Bolt EV trim levels and their corresponding starting MSRPs:
- LT – $37,495
- Premier – $41,895
As such, the $7,920 discount lowers the price of a Chevrolet Bolt EV with an MSRP of $43,735 to a more modest $35,815. This means that this current offer is even more lucrative than the 16 percent discount offered in June.
Between the hefty discount and attractive lease offers, we’d say now’s a great time to purchase a Chevrolet Bolt EV.
- Must take delivery by September 30th, 2019.
- See dealer for details.
- Incentive for the United States of America, unless otherwise specified.
- Some customers may not qualify for this offer.
- Offer not available with special finance, lease, and some other offers.
We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. GM Authority will not be held responsible for any misprints, typos or any other errors.
About Chevrolet Bolt EV
The Chevrolet Bolt EV is a battery-electric vehicle (BEV) from General Motors’ Chevrolet brand. Officially positioned as a crossover by Chevrolet, the five-door subcompact hatchback offers over 200 miles of range on a full charge while also featuring advanced connectivity technologies designed to enhance and personalize the driving experience.
The Chevy Bolt EV received a few minor updates and changes for the 2019 model year, which is its third model year of the first-generation Bolt EV in the United States market. In addition to three new colors, the Bolt EV also received the following:
- Addition of a new smartphone interface for vehicle entry, start and operation exclusively for fleet orders only; late availability
- Addition of Tire Fill Alert
- Newfound availability of Driver Confidence II Package on LT model. Previously, the package was only available on the Premier trim level. The package includes:
The Bolt EV is assembled at the following plants:
- Vehicle assembly: GM Lake Orion plant in Orion Township, Michigan, USA operated by GM USA
- Battery and motor drive unit: Incheon, South Korea
Related News & Info
- GM news
- GM forums
- Chevrolet Bolt EV information
- Running GM sales results