In February 2024, a Chevy Bolt EV lease continues to be available nationwide on the 2023 Chevy Bolt EV. No other discounts or incentives are available on the discontinued all-electric subcompact crossover.
Chevrolet Bolt EV Incentives
The Chevy Bolt EV lease offer in February 2024 is as follows:
- Lease Offer:
- 2023 Bolt EV 1LT
- $299 per month for 36 months
- Ultra low-mileage lease with 10,000 miles per year
- $5,139 due at signing for current lessees of a 2019 model year or newer vehicle (after all offers)
- $0 security deposit
- Available nationwide
- 2023 Bolt EV 1LT
The above Chevy Bolt EV lease offer is valid through March 4th, 2024.
Chevrolet Bolt EV Pricing
For reference, here are the 2023 Chevy Bolt EV trim levels with their corresponding starting MSRPs, $995 destination freight charge included:
- 1LT – $27,495
- 2LT – $30,695
About Chevrolet Bolt EV
The 2023 Chevy Bolt EV receives minor changes over the 2022 Chevy Bolt EV.
In November 2022, the Chevy Bolt EV received a 2023 U.S. ALG Residual Value Award along with two more models from GM, namely the 2023 Chevy Silverado 2500 HDÂ and 2023Â GMC Hummer EV Pickup.
However, in March 2023, the Chevy Bolt EV and Chevy Bolt EUV ranked significantly below the segment average in the J.D. Power 2023 U.S. EV Experience Ownership Study. Additionally, Chevy took last place in the J.D. Power 2023 U.S. Electric Vehicle Experience Home Charging Study, which measures customer satisfaction with permanently mounted Level 2 home electric vehicle charging stations.
Value-wise, though, in December 2022, we reported that the 2023 Chevy Bolt EV is a steal with the full EV tax credit of $7,500. That may be in spite of a $900 price increase in January on the 2023 Bolt EV.
Furthermore, in April 2023, the Chevy Bolt EV was recognized as a 2023 AAA Car Guide winner by the Automobile Association of America in its small vehicle category.
In May 2023, Kelley Blue Book reported that the 2023 Chevy Bolt EV and Bolt EUV are the least expensive EVs to own over the span of five years in their respective category.
Notably, the 2023 Chevy Bolt EV and Bolt EUV are poised to exit the market with outstanding value compared to the all-electric competition.
Chevy Bolt EV and Bolt EUV production is officially over. Consequently, the online configurator tool is no longer live for the discontinued 2023 Bolt EV, and Chevy now directs buyers to search inventory for any remaining available models.
The Chevy Bolt EV and Bolt EUV served as GM’s entry-level all-electric vehicles, offering zero local emissions and surprising practicality, all at an affordable price point. As a result, GM CEO Mary Barra confirmed during a Q2 2023 earnings report presentation that a next-generation Chevy Bolt is on the way after all. The automaker plans on “updating the vehicle with Ultium and Ultifi technologies,” Barra said during the earnings call, though the next-gen Chevy Bolt won’t be a clean-sheet redesign.
It will, however, incorporate advance technology, using, for example, LFP battery cells, or lithium iron phosphate, instead of the nickel-cobalt-manganese-aluminum (NCMA) chemistry currently utilized by GM’s Ultium battery cells. The new LFP batteries will help the automaker save billions of dollars in capital and engineering expenses.
In an update, Barra recently confirmed that the next-gen Chevy Bolt EV will arrive in 2025. She said that positive customer feedback about the Chevy Bolt EV “has been really great this year,” noting that it was popular demand that “informed the decision that we’ll have that back again in ’25,” according to Automotive News.
During a presentation delivered during GM’s Q3 2023 earnings presentation, she also noted that the next-gen Chevy Bolt EV will be based on the current Bolt EUV, adding, “by leveraging the best attributes of today’s Bolt EUV, as well as Ultium, our latest software, and NACS [North American Charging Standard], we will deliver an even better driving, charging, and ownership experience with the vehicle we know customers love.”
The next-gen Chevy Bolt could end up being built at the GM Fairfax plant in Kansas following a round of fresh investments.
Disclaimers
- Must take delivery by March 4th, 2024.
- See dealer for details.
- Incentive for the United States of America, unless otherwise specified.
- Some customers may not qualify for this Chevy Bolt EV lease offer.
- Offers not available with special finance, lease, and some other offers.
- All offers are nationally available, unless noted otherwise.
- Additional discounts may be available in certain markets.
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 is not responsible for any omissions, misprints, or any other errors.
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