Should GM Reduce 2024 Chevy Blazer EV Pricing?
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Competition in the various all-electric vehicle segments continues to heat up, including in the EV crossover segment where the 2024 Chevy Blazer EV plays. In fact, two rivals to the 2024 Chevy Blazer EV, the Mustang Mach-E and Tesla Model Y, just got a price drop. Which begs the question – should the 2024 Chevy Blazer EV follow suit?
2024 Chevy Blazer EV
For those who may be unaware, GM announced 2024 Chevy Blazer EV pricing last July, with the base 1LT FWD starting at around $44,995. Meanwhile, at the top of the range, we find the SS AWD starting around $65,995:
- 1LT FWD: around $44,995
- 2LT FWD: around $47,595
- 2LT AWD: TBD
- RS FWD: around $51,995
- RS RWD: TBD
- RS AWD: TBD
- SS AWD: around $65,995
Now, however, one of the Chevy Blazer EV’s chief rivals, specifically the Mustang Mach-E, just got revised pricing, with the base Select RWD Standard Range starting at $47,495, and the range-topping GT Extended Range with the Performance Package starting at $71,495 (prices include $1,500 destination freight charge):
- Select RWD Standard Range: $47,495
- Select AWD Standard Range: $50,495
- California Route 1 AWD Extended Range: $59,495
- Premium RWD Standard Range: $52,495
- Premium AWD Standard Range: $55,495
- GT Extended Range: $65,495
- GT Extended Range with Performance Package: $71,495
Not only that, but another big rival in this space, the Tesla Model Y, recently got a price drop as well, with the Model Y Long Range AWD starting at $54,880, and the Model Y Performance AWD starting at $58,380 (prices include $1,390 destination freight charge).
Ford Mustang Mach-E
Tesla Model Y
When you break it down, the 2024 Chevy Blazer EV is still more affordable than the Ford Mustang Mach-E and the Tesla Model Y, even without a price drop. Nevertheless, competition in this space certainly isn’t going to cool off any time soon, which could suggest that a price drop may be the right move all the same.
To note, GM did not indicate whether or not the 2024 Chevy Blazer EV pricing details announced last July include a destination freight charge. It’s also worth mentioning that the Chevy Blazer EV 1LT has a smaller batter pack compared to the other trim levels, offering an estimated 247 miles of range compared to the 290 miles to 320 miles of range announced for the other trim levels thus far.
2024 Chevy Blazer EV
Under the skin, the 2024 Chevy Blazer EV rides on the GM BEV3 platform, with production set to take place this coming fall at the GM Ramos Arizpe plant in Mexico.
So then, we want to know – should GM reduce 2024 Chevy Blazer EV pricing? Tell us by voting in the poll below, and remember to subscribe to GM Authority for more Chevy Blazer EV news, Chevy news, GM business news, GM competition news, and around-the-clock GM news coverage.
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The others came out before the economy crashed.
The question is did GM price this before or after the economy crashed.
It also is cheaper than the Tesla and bigger and more advanced than the Mach E.
It will be interesting to see where the Nox EV is prices.
I found GM candy coated the Blazer EV pricing way too early.
Like, no option package pricing.
GM doesn’t make any profit or competitive if they cannot put this car on the road.
Since July 18, no press car, no production date, even if they have million reservation, (100$ each), it doesn’t make them winner.
They need to figure out, rush to the market, capitalize and flood the market. Tesla is exactly doing this.
GM needs to pick up the pace of this EV war.
It’s a 2024 model so press cars and production dates won’t happen until the spring of 2023. Ford rushes everything to market and look how many recalls they’ve had.
Everyone likes to give GM $hit but they keep showing a profit year after year. Once again, Ford just announced a loss for 2022. Mary plays the long game and we get a better product for it.
Speaking as a Reservation holder for a Blazer EV SS, if there are significant production delay than we are owed for being loyal patient customers, and do not gauge us on “subscription fees” for access to charging management app. If I am paying $65K for a vehicle then I should not be nickle and dimed to death with inflated mickey mouse fees to access vehicle features and services. Just because I can afford it does not mean I would willingly pay it. This is why I will never own a Kia again. The picked up my vehicle when disabled, but left me stranded, as a Level I Cardiac patient at a truck stop below Bushnell, Florida and did not even have the courtesy to contact me directly as I requested in my letter, instead sending a form letter saying basically “ok, we hear you and now consider this resolved…” unless I contacted to follow up. Then 4 months later they seblnt out a memo to dealers SUGGESTING they have in house chargers at service Dpt, and added that question to customer surveys, but did not resolve my issue at all, even the Service Dpt chargers were my idea! Instead of towing it to a fast charger 8 miles away and returning my car in the morning, instead they used my included 120V charger and I waited until 3PM on the second day after the evening because their app gave me wrong directions and stranded me! Old Jewish Saying: “Money is portable, it travels well”. Brandt.
Will the still be an ICE Blazer in 2024?
Yes, but ICE vehicles will be gradually eliminated over the next 10 years or so. The Silverado, Equinox, and Blazer are the 3 highest volume vehicles at Chevrolet and I imagine they will be around for a number of years.
The Blazer was outsold in the US (2022) by the Tahoe, Traverse, Malibu, and the Colorado by a significant margin.
Gm never actually finalize their pricing. If you had the time, and review the pricing.
They actually raise price slightly by 500$ since July 18 at launch.
Also, they never actually provide the options price.
We are in February, the RS and 2LT were suppose to be “Available” in summer 2023.
Do you think they are really going to be available?
Available as in, on consumer hands? or Available to order?
GM needs to expedite the production of the Blazer EV, both Tesla Y and Mach-E are already on the road.
There’s no argument if a car isn’t even on the road yet for price adjustment. They make 0 profit no matter how much they change the price.
I want the $7500 tax credit. I believe as of today the SS does not qualify as it is listed as a car and not SUV the same as the Lyric.
Actually, this was just revised recently. It is now classified as an SUV, as is the Caddy.
No comment, not considering an EV.
Same here
then don’t comment 💀
Like apples and oranges.. the Chevy looks like a nice xuv.. the Ford and Tesla look like everything Tesla puts out..Euro-trash chic.. yuk
GM seemed to price these then the huge price increases came. Now the markups are gone (price drop) and they’re inline again.
Model Y isn’t really getting a price drop. Last year the price just went up every few weeks so they could make more cash. Those price increases were just reset.
Hey Carl, I’m with ya!
Who is “ya”?
Yes considering they have nothing out to actually drive and have a lot of catching up in the market to capture it! Time will tell….though the volt came out early relative to others it seems the others were in tune to getting an EV out even if its not on a standard platform yet which those buyers will find out eventually!
Yes on the 1LT and 2LT they are too high. The 1LT should have a base price of around $36K and the 2LT in the $39K range. The rest of the trim levels seem to be priced about right, but the volume models the 1LT and 2LT are just crazy high,
What does it matter how much it costs if they’re not even making them.
They’ll probably only build 10 of them anyways given GMs history of production shortfalls.
All businesses are entitled to a fair profit. No profit, no business for long. Let the free market determine the winners and losers. May the best one win! The ultimate winners will be the customers.
Absolutely. Pigs get fat and hogs get slaughtered. One Man Show Musk is the smartest dude in the automotive room and he isn’t even a car guy. His turn on is applied science. Everybody is following his lead including Brandon.
To me, this shows the arrogance of GM Marketing mavens, just pick a price that you think the public might not scoff at when announced…and then raise it up another 20% until people are writing in (like we’re doing here) demanding that if GM wants to remain competitive with the other makes in their field, that they’ll have to realistically drop their prices because “it’s a Chevy” and not a Lexus, not a BMW, not a Mercedes, you got that GM, stop pricing your products so high that they are neck and neck with many other foreign makes that are noted for their higher quality standards and better resale values! I believe that GM has lost sight of the products that they produce, they honestly think that they’re competing directly with the more expensive makes out there and so they price their products accordingly…wrong! GM used to be a Value Leader many years ago, they were able to produce five different makes, and build them to compete in the market place, from the low end Chevy to the high end Cadillac and everything in between, but those days are gone, GM has gotten to the point that they no longer are as competitive in all fields, and now we’re seeing Chevy’s priced thousands over what they should realistically be priced at! No Chevy SUV (or EV for that matter) should be stickered beginning at 65 Grand!
Have you lost your collective minds GM? In my neck of the woods (SoCal) these Chevy’s literally carry an MSRP damn near what the lower end Mercedes Benz and BMW are MSRP’d at, and so where do the upper middle class “well to do” go to buy their new SUV’s…not Chevrolet! My neighbor showed me his new Beemer SUV and he paid exactly the same out the door price for a BMW as he would have for a Chevy SUV! Sure the BMW wasn’t the top of the line (they are near 100 Grand!) but he refused to pay damn near the same price for a Chevy when they discounted a BMW to match his wallet!
Oh well, everyone takes their coffee a little bit different, I’m simply stating no matter how “advanced” your Chevy product is (lets not mention the Corvette here, it’s entirely in a different league) folks are not stupid, they see what’s happening and they will buy according to what they feel is good value in todays’ market place, and that isn’t always a Chevy nowadays!
you are not comparing apple to orange my friend.
ICE versus EV. No.
Pay for what you want, an EV there’s a upgrade fee.
Try buying the same in EV on the BMW, MB, they are not in the main stream market.
Blazer is not competing with the luxury brand. The Lyriq is the only one in that segment, for now.
Yes! They can’t enter market as the expensive option. Obviously Tesla and Ford have reached enough scale to earn profits from lower prices plus expected volume increases.
Car market is in trouble with repos at near record 2008 rates. Tesla knows a lower price plus gov rebate makes them a value proposition
Ford makes a profit on their EVs? You should rethink that or show proof.
They only sold about 15k F150s. 45k Mach Es if I remember correctly. And they lost money in 2022. They have a tough road ahead.
You could reduce the price down to $1.98 & I would Still have zero interest in this gadget or Any other battery powered gadget for that matter
So you don’t own a portable phone or computer. Did you borrow one to post here ? Or did some posted with your name?
Of course they should NOT drop the price. They have built and sold 0 of these, and they have stopped taking reservations for the 2024 models. They need to prove that they can actually build these and get them into customer hands, and clear out the queue before they do anything that might spur more demand. Early adopters are willing to pay a premium, so gm should take their money. Reassess for the 2025 model year, if demand is strong raise the price or hold the line. Only drop the price if you need to spur interest/sales, which right now they do not need to.
I would love to have one with a 6.2 V8. It’s gorgeous. Just can’t do the EV thing.
Time to curb the talking and part an affordable RS EV in my driveway nuff said.
Yes should lower price price will be a factor I have a 2022 RS may want a 2024 or 2025 RS
Finally a good looking electric suv.. could use 50 more miles of range across the board…
It’s like crinkling up foil then flattening it out and calling it a “design” style.