The 2024 Chevy Blazer EV has already had its fair share of bad press. Software glitches prompted General Motors to issue a temporary stop-sale order for the electric crossover in early 2024, and the automaker immediately delved into finding a way to resolve the problems. In February 2024, the stop-sale was still in full swing, and continued well into the first week of March before it was finally lifted. Sales of the Blazer EV have now resumed, and the electric crossover is being offered with a slashed price – and now, some early buyers of the electric crossover may be eligible for reimbursement.
According to a recent report from Edmunds, some owners who purchased a 2024 Chevy Blazer EV before March 7th, 2024 may qualify to receive some money back. The publication purchased its own Blazer EV in late 2023 (and weren’t overly impressed with it until the software updates were applied), and recently, it received a letter in the mail from Chevy, offering a $5,620 reimbursement.
“Chevrolet recently announced a new MSRP reduction on 2024 Blazer EVs,” the letter reads. “As a result of this announcement, we would like to offer reimbursement to customers who purchased a new 2024 Blazer EV before March 7th, 2024.”
For reference, Edmunds bought a 2024 Blazer EV RS AWD to add it to its long-term fleet. The original MSRP for that model was $60,215 including destination and freight charges, but now runs $54,595 after the price was cut. It stands to reason, then, that buyers of the Blazer EV LT AWD may be eligible for a $6,520 reimbursement. This model’s current starting price is $50,195, compared to its $56,715 MSRP earlier this year.
Additionally, the Chevy Blazer EV temporarily lost its eligibility for the Federal EV Tax Credit, along with the Cadillac Lyriq, due to “foreign battery content” from “entities of concern.” GM worked quickly to find alternate sources for ineligible parts, and buyers of the Blazer EV are now able to take advantage of the $7,500 tax credit once more – although it’s worth noting that GM built approximately 20,000 EVs that were not eligible before the switch, which are instead available with a GM Ultium Promise $7,500 cash purchase rebate.
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Comments
Good for them. Now how about all of us non-EV buyers that were scammed since 2020 with ridiculous claims about supplier shortages that continue today?
This is a smart move by GM. I know many furious Tesla owners that have bought theirs at sky high prices only to then find out they could have had one for a little over half of what they paid for. This is not a good look for Tesla. Though personally, these people have no one else but themselves to blame for going in d*** first and leaving their heads behind.
As they should. First they went through hell and back with a vehicle that was not ready to be released, and then were thanked by GM slashing prices which killed resale even further.
Shows how much mark-up there is. The government sticks its nose in with a rebate and the price of the car is inflated. The taxpayer as usual is on the hook.
Ya probably a couple reasons for this. 1… early buyers would be pissed at the price slash and 2… as is the trend now, a lot of these buyers would be upside down on their loans. All it’s really doing is trying to level the playing field. Worst part is you’re still in a used vehicle for what new buyers can snag cheaper because it qualifies for the government rebates. No matter how you look at it, you’re over a barrel.