Chevy Bolt EV, Bolt EUV Buyers To Get Retroactive Discount
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GM applied significant price cuts to the Chevy Bolt EV and Bolt EUV this year, lowering the price of both vehicles by roughly $6,000. In light of this significant price drop, GM has decided it will give retroactive discounts to customers that purchased a Chevy Bolt EV or Bolt EUV earlier this year, when the two models were selling for significantly more due to price structure and demand.
The American automaker sent a letter to dealerships this week informing them of the new discount program, which applies to 2020, 2021 and 2022 model year Chevy Bolt EV and 2022 Chevy Bolt EUV vehicles, as long as they were purchased in 2022.
GM sold just 358 examples of the Bolt EV in the first quarter of this year, down 96.03 percent year-over-year. This drastic drop in sales volume is due to the battery fire recall and subsequent stop-sale campaign that was active for both models, which prevented GM from marketing or selling either the Bolt EV or Bolt EUV. GM restarted production of both models at its Lake Orion plant in Michigan in April.
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The article says 2022 model year; the quote from the press release says 2022 calendar year. There is a difference as one way I get money, and the other way, I don’t. Purchased 2022 Chevy EUV in August 2021.
“2020, 2021 and 2022 model year Chevy Bolt EV and 2022 Chevy Bolt EUV”
“as long as they were purchased in 2022.”
“Chevrolet plans to compensate customers who paid more for the vehicles this year.”
Sounds like you don’t qualify.
They can offer a big discount but it doesn’t mean any thing if you can’t find one to buy!
I’m not having any issue finding these. Go to Chevrolet’s site, search inventory.
Starting around $26k.
Dealers are doing a $10k markup on listed msrp prices. Just visited sierra Chevy in Monrovia and they pulled this b.s.
$50,000+ for an EUV with supercruise
I had a online price for 31k and an appointment!
Yes. That’s what I figure. I don’t have an issue with GM. I was commenting about the article and how there is a difference between calendar year and model year which the author of the article didn’t seem to get.
The article isn’t saying anything conflicting. Again, it says this applies to model years 2020-2022 of the Bolt, assuming you bought it this year.
What is so hard to understand about that?
Either this article was edited or I saw another article and comment on this one. Whatever. I love my Bolt EUV, it’s costing 3 cents a mile to drive in electricity, it accelerates as well as or better than the BMW X3 I used to own, and I was driving a Ford Freestar cargo van so it’s definitely a step or two up.
I leased mine. Had that discount been in place I would have purchased. Oh well
It says the vehicle had to be PURCHASED in 2022. A purchase in August of 2021 doesn’t qualify. I had a similar misfortune back in 2013 when I purchased a Gen 1 Volt … 2 months later, they dropped the price by $5,000. I actually wrote Mark Reuss directly, and complained about it. I was pretty much told “too bad” and it would not be retroactive. This time around, it’s 6 months retroactive? What a crock!
It seems strange that GM would exclude 2021 buyers of 2022 Bolts from this credit.
If they are so desirable, why aren’t dealers putting premiums on them let alone refunds?
Only positive thing I can say about is the Bolt is at least it doesn’t have an obsolete CHAdeMO connector so you won’t be stuck like the Nissan Leaf.
Goodwill program? Sounds like they’ll just piss off people like me, haha!
I don’t understand how ANYONE could have purchased a 2022 Bolt EUV in 2022 since the embargo has been in place for a year, just after the date when I bought mine..
Oh well, at least supposedly I’m getting a new battery soon enough.
The fact that seemingly they are giving 2020, and 2021 BOLT EV owners a $5,900 check indicates that these vehicles are EXTREMELY INEXPENSIVE to manufacture.
As one upset commenter at one time mentioned :
“Just a VITAMIX motor, gear box, and transaxle.” (!!!!)
I had a 2017 Bolt traded for a 2021 because dealer made me believe I would never need fast charger!!! We bought the 2021 in July of 2021 So We lose $6000 because we bought too soon? Thank you GM it will be the last GM product we buy, also we were to get a new battery (again NO).
If you purchase a refrigerator, and 6 months later the price drops 15%, are you going to stop buying whatever brand of refrigerator you purchased? Or how about washer/dryer? I’m pissed that I purchased 2 months before they dropped the price for Gen 1 Volts, but it’s not their fault I bought when I did. MAYBE stop buying from a particular dealership… IF the dealership actually KNEW there’d be a discount coming, but not necessarily the brand. Because eventually, you won’t be able to buy any vehicle.
Does the Bolt now come with a fire extinguisher as a standard feature? Free Extinguisher recharging for as long as you own the car?
Fire extinguisher is of little use to a lithium ion fire. Need lots of water, best to live near a lake if you are that concerned.
A bunch of crybabies. Good for GM making it right. Not everyone hits the lotto. Suck it up.
When reading Sam’s article I waited for the sentence that said that leasing gets you zero, and there it was.. But I’m getting used to it. After having my Bolt EUV a year,still no letter from GM about when I’ll get my battery.But I’ve think I’ve figured it out, it’s because it’s leased, it’s not my car, so GM can let me twist in the wind for 24 more months and charge to 80% until the end of the lease..Thanks GM.
Why is something so simple to understand so difficult to understand for some? So I’ll get the refund for my 2020 purchased in January 2020,right? LOL
I’m sure you’ll get that check the same day the current administration admits that current inflation was created by them.
😂
I have a 2019 Bolt EV and just purchased a 2022 Bolt EUV premium and I am very impressed. The car is fun to drive, quite, nice interior for the a reasonable price compared to other EV manufacturers. GM replaced my 2019 Bolt EV battery, so this gives us another 8 years and 100,000 miles on the new battery starting in 2022. If you drive the Bolt, compare pricing with other manufacturers the Bolt is a strong contender.
I Just bought one and I really like it so far…..
I’m curious when we will hear about getting our retroactive discount ?
And why shouldn’t this ‘rebate’ be offered to the few early EUV adaptors that bought in August 2021 as the EUVs started showing up at dealers? Our resale value is taking the same hit.