KBB recently put together a list of the ten best battery-electric and hybrid vehicles that can be purchased used for under $20,000 USD. The 2017 model year Chevy Volt ranked ninth on the list, while the 2017 model year Chevy Bolt EV was seventh.
The Chevy Bolt EV was also just one of two battery-electric models that appeared on the list – the other being the 2018 model year Nissan Leaf, which was ranked eighth overall. The rest of the vehicles on the list were all hybrids and included the 2019 Kia Niro Hybrid, 2015 Lexus ES 300h, 2015 Honda Accord, 2013 Toyota Highlander Hybrid, 2016 Toyota RAV4 Hybrid, 2017 Toyota Camry Hybrid, and 2017 Toyota Prius.
KBB says that used hybrid, plug-in hybrid, or all-electric vehicles represent “one of the most underrated deals,” in the second-hand car market.
“For starters, this is a great way to save money at the pump,” KBB says. “A hybrid lets you go further on a tank of gas before having to fill up.”
“These models are now well-established and have proven reliability,” the publication added. “There are also plenty of choices out there for buyers who are looking at a used model.”
While there’s no denying that a used Chevy Bolt EV is a great deal, a brand-new 2022 model year Bolt EV is also good value for money. Prices for the 2022MY Bolt EV start at $31,995 including destination – which is $5,500 less than the outgoing model. Buyers of new models receive an 8 year/160,000 km propulsion battery pack warranty, as well, and Chevy will also cover the cost of installing a Level 2 charging outlet in the buyer’s garage.