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Chevrolet Bolt EV Discount Totals $8,500 Cash Until November 2, 2020

The featured Chevrolet Bolt EV discount offer of $8,500 off will be available through November 2nd, 2020, so buyers may need to hurry to a dealer in order to save big on the battery-powered crossover. That said, there’s a chance it may be available a bit longer. In fact, the $8,500 cashback rebate has been available every month since June 2020, and was originally offered as early as December 2019 according to our records.

Prospective buyers should know that the aforementioned offer is available nationwide. Notably, Chevy has ended its interest-free financing offer for the Bolt EV, which included a cashback rebate of nearly $5,000. That said, The Bow Tie brand appears to have introduced a new combined offer, which includes 0.9 percent financing in addition to a $7,350 cash discount.

Incentives

Nationwide Chevrolet Bolt EV discount offers ending on November 2nd, 2020 are as follows:

  • Featured Purchase Offer: $8,500 customer cash
  • Featured Finance Offer: $7,350 cash allowance + 0.9 percent financing for up to 72 months with GM Financial
  • Featured National Lease Offer: $239 monthly for 36 months
    • Applies to Bolt EV LT
    • Ultra low-mileage lease with 10,000 miles per year
    • For Current Lessees of 2015 model year or newer select GM vehicles:
      • $1,309 due at signing (after all offers)
      • $0 security deposit

The Chevrolet cash purchase discount as it applies to an in-stock 2020 Bolt EV LT with an MSRP of $37,495 reduces the starting price of said model to just $28,995.

For reference, here are the 2020 Bolt EV trim levels with their corresponding starting MSRPs, $875 destination freight charge included:

  • LT – $37,495
  • Premier – $41,895

Disclaimers

  • Must take delivery by November 2nd, 2020.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for this Chevrolet Bolt EV discount 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.

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Comments

  1. Wish gas being as cheap as it is and so many folks working from home and driving so much less the Bolt is a hard sell right now.

    Reply
    1. a $40K bolt will always be a hard sell.

      Reply
      1. My loaded LT was $27400 out the door in January.

        Reply
        1. Only due to Rebates though. Most Customers will Google the price of Cars and that will be the most research they do on the Bolt. Unless they go to the Chevy site they will have no idea they can get a huge rebate on the Bolt almost all of the time.
          I still stick to what I have been saying for a while…The Bolt uses older Battery Tech and thus it should be priced as such. The Bolt should start at 25K and GM should advertise the living Daylights out of it as the lowest priced EV made in the US but we all know that they will never price it that low and they will never advertise the hell out of it. GM is desperately playing a Tightrope game of promising EV’s soon but selling the living Daylights out of their Pickup Trucks and their Full size SUV’s to bring in the cash. At the same time the Legacy Automakers are giving Cash to Tesla to Build out all of their Current Gigafactories and the ones to come soon. It just makes Zero sense.
          Almost everyone here made fun of me when I was stating Tesla will sell Millions of Cars per year very soon and the day of that is most likely a year or so away. Who is laughing at Tesla now?
          Disruptive Technology sells at an S-Curve. Happens every single time. Look at Europe, EV’s just outsold Diesel Cars for the First time ever. China wants at least 25 Percent of New Vehicles sold to be EV’s by 2025. So if Consumers know this why would they get an ICE vehicle? They will not.
          Hope that GM’s tightrope game will pan out and they won’t be left in the Dust by Tesla and then VW and some Startups. Fingers Crossed because I do not see a high selling GM EV vehicle in the Horizon, does anyone?
          I absolutely love the Hummer EV I think it is Bad Ass but at 112K and what we all pretty much know will be very low volume will not move the EV needle for GM.

          Reply
          1. Yes,genius,due to rebates! And you are wrong regarding about searches-people are smarter than you and searchvery easily the actual selling price. Please stop with your useless crap here. It’s simply your uninformed opinion. It;\’s a bargain At $27400out the door-nothing comes close for loaded LT.

            Reply
  2. Most folks who are retired and not traveling very much due to the virus, simply do not need to purchase any car, which would probably just sit in the garage or driveway most of the time.

    Reply
    1. Check to see what the numbers are for auto sales.

      Reply
  3. right! not good timing for a sale. Also if you have to take delivery by Nov 2, you’re out of luck if the dealer doesn’t have stock.

    Reply
    1. LOL! It’s been $8500 since January when I bought mine.

      Reply
  4. It’s been $8500 since January when I bought mine.

    Reply
  5. Make a two seat drop top on that chassis and I’m IN.

    Reply
    1. a fwd, 2 seater convertible on this platform… they’ll sell dozens of them.

      Reply

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