Despite the arrival of 2025 model-year vehicles on GM dealer lots, there are still more than 100 brand-new units of the 2023 Chevy Bolt EV and 2023 Bolt EUV left in dealer inventories across the U.S. Many are priced under $30,000, which leads to questions over the common assertion that one of the biggest obstacles to widespread EV adoption is affordability.
Using Chevy‘s inventory tool, we find that there are currently a total of 103 new 2023 Bolt EV and Bolt EUV units available as these lines are being written. While the tool doesn’t list vehicles from earlier model years, it’s possible that there are some older unsold units still out there as well.
Interestingly, rental car company Hertz recently offered numerous low-mileage 2023 Chevy Bolt EVs and EUVs for sale as part of an effort to reduce its electric fleet. The move was in response to varying customer demand and high costs, with some of the low-mileage EVs priced in the low-$20,000 range, making them rather attractive to budget-minded consumers, despite being ineligible for the $4,000 used EV tax credit.
The first-generation Chevy Bolt EV was phased out late in the 2023 calendar year, with the final units produced at GM’s Orion Assembly Plant in Michigan in December. The first-gen model features a lithium-ion battery and a single electric motor, the combination of which delivers 200 horsepower and 266 pound-feet of torque.
Looking forward, GM has confirmed development of a new second-generation Chevy Bolt EV, expected for the 2026 model year. The second-generation Bolt EV model will not be a complete redesign, with the GM BEV2 platform once again providing the underpinnings. That said, the new Bolt will incorporate new GM Ultium technology for its battery system and motor. Additionally, the next-gen Bolt will adopt the North American Charging Standard (NACS), aligning with GM’s broader EV strategy to integrate NACS across its EV lineup starting next year.
This surplus of 2023 models offers a significant opportunity for budget-conscious consumers to enter the EV market. The availability of these vehicles also raises questions about the demand for all-electric vehicles and the potential market for the forthcoming second-generation Bolt EV.
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Comments
Maybe they can give them away? Camaro was cancelled because of low sales.
That’s basically only about two a state. If I had to guess it’s due to some particular odd dealer activity.
Five years ago when I was looking for my truck I found two very well equipped units configured almost exactly as I wanted at a small GMC dealer in Tacoma. There were no other units similarly configured anywhere within 100 miles. They both had been sitting on the lot for several months. Turned out the dealer didn’t want to negotiate, and really wanted me to use manufacturer financing, so I went elsewhere, getting roughly a 20% discount from MSRP at the time.
That some dealers with Bolts are doing something similarly odd is somewhat likely. These things should all be gone by now.
Let them rot on the lot
100 units in inventory is *nothing* in a country of 330 million people. That’s two per state, and most new car buyers can’t or won’t travel long distances to buy an average commuter car.
Buyers are traveling from all over the country to buy used Bolts from the Victory Chevy near St Louis. Why wouldn’t they travel to get a new one
Because most regular new commuter car buyers have family and job commitments and don’t want to spend days of their scarce time off flying to some other state, working a deal that may or may not work out, likely renting a hotel room in the process, waiting for payment to clear their bank and making a long distance drive home.
That they already have an obsolete battery system is also an issue. At least for me I’m definitely waiting for a little stability from America’s auto makers. My next vehicle will be electric and will be American but who is the question. I’m not a long trip person so the range isn’t an issue for me personally.
Jason: I understand what you are trying to say with “obsolete) battery system, but that’s just not true in the real world. The only thing bad about the Bolt, if you call it bad, is the slower DC fast charging speeds. On level 2, it doesn’t matter and a good number of Bolt drivers charge at home like I do while I sleep.
Other than that, the Bolt is every bit as good as many higher priced EV’s out there. It’s gets better range than many, better efficiency, and is totally competitive outside of the fast charging speed.
Agree 100%. I bought my 2023 EUV lightly used, at a SIGNIFICANT discount from new, and it has been the best commuter vehicle I have ever owned. It rides and drives outstanding, and really has a premium feel as compared to typical ICE vehicle’s in its size/price class. I’ve put nearly 5,000 miles on it durring the first two months, and have only had to spend about 40 mins at DC fast chargers over that entire time. Home charging is the key to EV ownership, and really makes the whole DC fast charge speed thing a moot point for 99% of the time.
My 2020 Bolt was a nightmare: Offgassing “new” battery, unreliable charge indicator, maps kept shutting off and then started playing audio files from emails, defroster didn’t work, etc. I could go on, but I think you get the idea. I was so ticked I filed a lemon law lawsuit, and won. Finally managed to unload the piece of garbage. Save yourself the hassle and purchase something else.
Sorry you had troubles with yours. Our ‘19 Bolt has given us 5 and a half years of happy driving. Had a few fairly minor issues covered under warranty, got the new battery under the recall, no maintenance other than tire rotations and a cabin air filter or two. Gonna drain and fill the coolant later this year for the first time.
Ed: When I read stuff like that from Jill, I always know there’s more to the story. Could it be that one was a lemon? Sure. Every brand has them now and then. For 12 1/2 years I worked at a dealer with Honda, Buick, Cadillac and GMC. In those 12 1/2 years never one GM buy-back. Yet I personally had 2 customers have their Honda’s purchased back. And Honda was (is?) one of the most difficult brands to deal with when it comes to problems. Their theory is that their cars don’t have problems. That’s a quote from the regional service director.
I had my first 2023 Bolt EV 1LT and loved it. Had it for almost 16 months and just over 16,000 miles with zero issues. Liked it so much that I sold it and picked up one of the last 2023 Bolt EV 2LT’s I could find with the great deals on it. I’ve now had it for nearly 4 months and just under 4,000 miles and it’s been every bit as good.
I tend to agree that yes, it’s possible to get a bad car…and I was there, with the poster, until I saw “lemon law”. Sigh. People tend to throw that phrase about like it’s a magic bullet. I tend to stop believing the posts where I see “lemon law”, not sure why, just feel like at that point they’re trying too hard to convince us that it was bad.
Our 2023 EUV has been flawless.
Lithium batteries don’t “off gas” as they’re sealed and not vented like a lead-acid battery sometimes is. If your Lithium ion battery is off gassing, it’s most likely experience a runaway thermal event due to a puncture. We plan to buy another. I recommend the Bolt to friends and family, it’s been probably the best car we’ve owned.
After reading “Jill’s” story I have to add my two cents worth. I purchased a new 2019 Bolt and drove it through 3 tough Cleveland winters. Unfortunately I owned one of the Bolts that gm really wanted to be returned. I opted for a new car replacement rather than a battery exchange. I received a new 2022 which promptly started having bad issues; -loss of power steering, loss of display use, etc. the 2022 Bolt spent 46 days at the dealership in the first 60 days after I received it. I filed for a lemon petition (in Ohio) and was almost immediately granted one. I received a new 2023 a few months later and have had it for almost two years now – next month. So far the 2023 Bolt is every bit problem free as my 2019 Bolt was.
I had a loaded 2020 Bolt LT. Never an issue in the year I owned it. Nothing except better range than advertised.
This article speculates that because there are 100 Bolts left, mostly the cheapest specification 1LT models, affordability is not the obstacle to EV adoption many think it is. The author is right. Affordability is not the issue or the key to EV adoption. Despite all the noise, EV sales and share continue to grow, especially in luxury segments. Maybe these Bolts are simply not that appealing, and they are widely dispersed across the country. The newer and better-equipped EVs will continue to sell to the people want them … people who have garages (income) and like well-equipped cars (EV or ICE). For bigger adoption barriers, look to range and charging infrastructure.
I was at my local dealer and they have a EUV. I was suprized as they did not show stock on the web page. I tried to work a deal out but they were asking $5k over sticker because of “high demand” on top of the normal dealer BS. I test drove and sat down and played the game but no deal could be had. They did not want to sell a new year old car for under the MSRP.
This article is very misleading. First, just try to find any Bolt at the dealers. Also, as several others have said, that averages out to only 2 per state. Not exactly a stunning number. Next, some of those are most likely cars that were placed into dealer “loaner service” and still “show” for sale but are not. Or not yet at least. Finally, you probably have several dealers who have one and the “sales” department probably doesn’t even know it. If it’s not some huge truck or SUV, they don’t care. The Bolt is probably sitting in the way back with about 2″ of dust covering it. The rest are most likely sitting yet because the dealers know they have what nobody else has and they’ve packed it with added junk and 2 or 3 or 5,000 in mark-ups.
One dealer has like 30 in stock
I tried to buy one a few months ago. Called about 15 dealerships within an 8 hour drive. Virtually none of the inventory on the Chevy site was actual in stock. I highly doubt there are anywhere near 103 left.
There are a bunch in Washington state according to Chevy website. Spoke to dealers who have them on the lot!