HOW MUCH A CHEVY BOLT IS WORTH TODAY AND WHY IT'S WORTH BUYING

Chevrolet discontinued the Bolt EV and EUV range at the end of the 2023 model year. GM decided it would be best to put the model on hiatus to make way for the Silverado EV and Equinox EV at its Factory Zero production plants in Detroit and Hamtramck. As of right now, it looks like it may not have been the best strategy, as the brand's EV sales have completely collapsed despite the Blazer already being available as somewhat of a replacement. The Bolt EV and EUV duo are two of the most successful electric cars sold in the U.S., and for good reason.

The Chevrolet Bolt's biggest appeal was the fact that it was such an affordable electric car option with a good blend of performance, practicality, range, and efficiency. Of course, this applies to the entire model line, excluding the 2020 to 2022 models, which have hazardous battery packs that spontaneously combust due to a manufacturing fault. Apart from these model years, a used Chevrolet Bolt is probably the best used electric car option you can currently consider.

How Much A 2023 Chevrolet Bolt Costs In 2024

Using Edmund's intuitive appraisal calculator, we can get a clear idea of how much a one-year-old Chevrolet Bolt EV and EUV might cost. We're looking at the most recent model year, as this would be the best and most viable one you should consider. Our appraisal is based on a car in outstanding condition that has covered less than 12,000 miles, which Edmunds says only applies to an average of five percent of cars in the used market. Therefore, you can expect these to be the highest prices you'll have to pay.

2023 Chevrolet Bolt EV And EUV Values

The base Chevrolet Bolt 1LT is the least-expensive model on the market, boasting an average $19,540 value in the private market. The EUV LT is the second-cheapest, with a marginally higher $19,864 average price. The EV 2LT will cost you $21,610 on average, while the EUV Premier should set you back by around $22,783. These prices don't take optional extras into consideration, so you may end up paying more for models that their respective first owners specified more generously.

These cars are eligible for the Used Clean Vehicle Credit, which can shave the price down by up to $4,000. Consumer Reports suggests that the 2023 model year will cost you between $18,475 and $19,175 for the EV and $18,525 to $20,650 for the EUV.

How Much A Chevrolet Bolt Cost In 2023

The Chevrolet Bolt was a very affordable electric car option before GM pulled the plug. A 1LT EV without any options applied would have cost you $27,495, while the 2LT trim would have only increased the price to $30,695. The EUV LT cost $28,795, while the flagship Premier trim sat at the top of the range with a $33,295 price tag. The 1LT is a fairly basic configuration, featuring cloth seats, a basic six-speaker audio system, 10.2-inch touchscreen infotainment system, and some advanced driver assist systems.

2023 Chevrolet Bolt EV And EUV Pricing

The 2LT and Premier trims are much more aspirational, thanks to the more premium audio system, leather upholstery, electrically adjustable and heated seats, ambient lighting, and more safety functions. Adaptive cruise control, the Bose audio system, and additional all-weather liners were optionally available. You could optionally specify some 2LT and Premier standard features on the 1LT, including the electrically adjustable and heated seats, an electrochromatic mirror, and additional advanced driver assist systems.

Chevrolet Bolt Range And MPGe Estimates

The Chevrolet Bolt EV and EUV range was one of the most economical models before the brand laid it to rest. All cars feature a 65 kWh battery pack, affording the EV a 259-mile range, and the EUV a 247-mile range estimate. The Bolt EV returns a 120 MPGe or 28 kWh per 100 miles combined energy consumption estimate, while the EUV is slightly heavier on energy, with its 115 MPGe or 29 kWh per 100 miles returns.

Chevrolet Bolt EV and EUV Range And Charging Times

The smaller battery means that you're also likely to enjoy faster charging times. The pack recovers its full charger in just 65 hours when using a Level One household point rated at 120 volts. A 48 amp Level Two fast charger cuts this down to just 9.5 hours. Unfortunately, the Bolt EV only accommodates up to 55 kW of fast charging, meaning you'll still have to wait up to 80 minutes to recover the battery pack from 10 to 80 percent, limiting its viability as a long-distance traveler.

The Chevrolet Bolt Produces 200 Horsepower

The Chevrolet Bolt EV and EUV both feature a single permanent-magnet motor mounted to the front axle, developing 200 horsepower and 266 pound-feet. This system gets you from 0-60 MPH in a claimed 6.5 seconds, with a limited 93 MPH top speed figure. It's not the most thrilling electric car option you can purchase, but this reflects an appropriate and enjoyable balance of speed and efficiency.

Performance Specifications

According to Chevrolet, the Bolt EV can tow up to 2,000 pounds, while the EUV benefits from a slightly higher 3,000-pound capacity. These are impressive figures considering you can't use most of the EVs competing in this segment today for towing purposes. Bear in mind that the EV and EUV both feature a front MacPherson strut and rear torsion beam, which is unlikely to give you handling and comfort levels that are on par with modern fully independent suspensions.

How Many Bolts Chevrolet Sold In 2023

In 2023 alone, Chevrolet was able to move an impressive 23,164 units, which is one of the model's best market performances. Despite production ending last year, GM was still able to deliver 8,414 examples, resulting in it outperforming more modern and comprehensive EV offerings. The Bolt EUV was a much more successful option, having sold 38,881 units in 2023 and 27,091 examples in 2022, despite the extensive battery recall crisis.

This just highlights how the market prioritizes more affordable electric car options. For reference, Chevrolet sold 6,634 Blazer EV units in the last quarter. The Silverado EV isn't performing as well, as Chevy was only able to move 3,257 units across both the first and second quarters. This is likely because it's still only available as a Work Truck. The group's overall EV catalog is performing a bit better thanks to the likes of the Cadillac Lyriq and GMC Hummer EV.

Why You Should Buy A Used Chevrolet Bolt

There really are several reasons why the Chevrolet Bolt EV or EUV should sit at the very top of your shopping list if you're currently in the market for a used electric car. This accomplished duo benefits from an overall good track record, impressive performance abilities, and extensive manufacturer-backed after-sales service. The Bolt is also an affordable electric car option to maintain, insure, and run, further justifying it as a viable option for first-time EV buyers wanting to benefit from low running costs.

Why You Should Buy A Used Chevrolet Bolt

• The Chevrolet Bolt EV and EUV offer an impressive range on a single charge, making them practical for daily commuting and longer trips.
• Both models feature spacious interiors with ample cargo space, providing versatility for various needs.
• The Bolt EV and EUV come with advanced safety features, enhancing peace of mind for drivers and passengers.
• These models boast quick acceleration and responsive handling, delivering an enjoyable driving experience.
• The Bolt EV and EUV have received positive reliability ratings, making them dependable choices for used car buyers.
• Competitive pricing for used Bolt EV and EUV models makes them an affordable option in the electric vehicle market.

Its impressive performance is likely why Chevrolet is dedicated to following this up with a more impressive successor, which will sit on the Ultium platform. The big question is whether Chevrolet will be able to make lightning strike twice, especially considering how much more Ultium-based products appear to be. We also have to consider the fact that its absence has given the Tesla Model 3 and Y Duo more opportunity to further strengthen their position as segment leaders.

2024-07-05T09:13:30Z dg43tfdfdgfd