Chevrolet Bolt Probably Costs $37,500 Before Incentives
The eagle eyes over at AutoGuide spotted something that we wished we would have noticed Wednesday. Chevrolet’s website let slip that the Bolt’s MSRP was $37,500 before federal and state incentives. And it’s still there.
That would satisfy General Motors’ CEO Mary Barra’s claim that the Bolt would cost “around $30,000” when it goes on sale … um, late this year? Early next year? Somewhere?
While it’s hardly solid proof, it’s a fairly good idea that Chevrolet will sneak in as close to the wire as can be on its “around $30,000” claim.
Of course, on top of the $7,500 federal tax credit for the EV, there are a number of state credits available that could push down the price of the Bolt into the mid- to high-20’s.
Here is the disclaimer:
3 Priced as low as $30,000 after federal tax credit. Net price shown includes the full $7500 tax credit. $37,500 MSRP including DFC with tax credit from $0 up to $7500. * Tax, title, license, dealer fees extra. Actual savings from the federal government depend on your tax situation. Consult your tax professional for details.
That may be a shock to some — especially considering the Bolt’s compact size and mass-market potential. But it’s worth noting that a Nissan Leaf with its biggest battery, which achieves up to 107 miles, has an MSRP of over $35,000. The Bolt’s estimated range for a single charge is over 200 miles, according to the manufacturer.
(You can still buy a Leaf in Colorado for ridiculously cheap, by the way.)
It’ll come down from $37,500, is what I’m saying.
More by Aaron Cole
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I want to know about interior quality. Is it enough better than the Trax it's based on to be non-embarrassing for a $37.5k (or even $30k) car? Is it better than the Chinese knockoff of Fisher-Price that is my 2013 Forester's interior?
It's a pity that the government must use handouts to help a business sell a product. Why does the government stop meddling in industry. This vehicle should of never made it to the drawing board, or if it is manufactured let it sell for the real cost. I'd bet you would see the EV industry die in the ass. The money and talent wastd would then be put to better use manufacturing profitable product. What a waste of resources.