Common Motors is issuing a retroactive low cost for Chevrolet Bolt EV fashions purchased in 2022, reimbursing house owners who purchased their automobiles earlier than an enormous worth minimize introduced one month in the past.
First reported by Automotive News (subscription required), GM will give eligible patrons as much as $6,000 again, in keeping with the discount applied to the 2023 Bolt EV, which introduced that mannequin’s base worth all the way down to $26,595 together with vacation spot costs. The 2023 Chevrolet Bolt EUV received a $6,300 worth minimize, decreasing its base worth to $28,195 with vacation spot.
GM will reimburse house owners of 2020-2022 Bolt EVs, though it is unclear if all house owners will get the complete $6,000. And the reimbursement program would not apply to Bolt EV leases.
2022 Chevrolet Bolt EV
A couple of weeks in the past we reported on GM’s additional incentives to get new 2022 and 2021 Bolt EV and EUV fashions all the way down to the identical worth of latest 2023 fashions. However that is an extra perk—and uncommon to see one thing like this utilized retroactively. Some would possibly see the bonus as additionally making good on any resale-value adjustment because of the worth minimize.
Admittedly this retroactive low cost will doubtless apply to solely a handful of shoppers. Automotive Information studies that Chevy offered simply 358 Bolt EVs within the first quarter of 2022. Second-quarter figures weren’t out there on the time of publication, however they had been doubtless related.
Manufacturing of the Bolt EV was suspended for an enormous portion of the previous yr. As a battery-related recall concerned each Bolt EV made, it held up some 2021, and even 2020 fashions, that had been on the dealership.
2022 Chevrolet Bolt EV
The Bolt EV was up to date for the 2022 mannequin yr, which additionally noticed the addition of the Bolt EUV variant to the lineup. The value minimize and a brand new Redline Version for the Bolt EUV are the one adjustments for 2023.
The 2023 mannequin yr worth adjustment—and the array of reductions on older Bolt EV fashions—helps make issues proper prematurely of the arrival of the 2024 Chevrolet Equinox EV, as a result of begin round $30,000.