GM issues retroactive discount for Chevy Bolt EV models bought new in 2022

Normal Motors is issuing a retroactive discounted for Chevrolet Bolt EV models purchased in 2022, reimbursing homeowners who purchased their cars and trucks before a significant selling price slash announced a person thirty day period in the past.

To start with noted by Automotive Information (subscription necessary), GM will give suitable buyers up to $6,000 back again, in line with the low cost utilized to the 2023 Bolt EV, which introduced that model’s foundation price down to $26,595 together with destination rates. The 2023 Chevrolet Bolt EUV obtained a $6,300 selling price lower, reducing its foundation cost to $28,195 with desired destination.

GM will reimburse proprietors of 2020-2022 Bolt EVs, although it can be unclear if all homeowners will get the whole $6,000. And the reimbursement system would not apply to Bolt EV leases.

2022 Chevrolet Bolt EV

A handful of months back we noted on GM’s added incentives to get new 2022 and 2021 Bolt EV and EUV types down to the identical selling price of new 2023 designs. But this is an extra perk—and unusual to see one thing like this applied retroactively. Some could see the reward as also earning very good on any resale-benefit adjustment because of to the rate cut.

Admittedly this retroactive discounted will likely implement to only a handful of consumers. Automotive News experiences that Chevy offered just 358 Bolt EVs in the 1st quarter of 2022. 2nd-quarter figures weren’t obtainable at the time of publication, but they have been probably related.

Production of the Bolt EV was suspended for a huge portion of the earlier 12 months. As a battery-similar remember involved just about every Bolt EV designed, it held up some 2021, and even 2020 styles, that had been at the dealership.

2022 Chevrolet Bolt EV

The Bolt EV was up-to-date for the 2022 model yr, which also noticed the addition of the Bolt EUV variant to the lineup. The cost minimize and a new Redline Edition for the Bolt EUV are the only variations for 2023.

The 2023 model yr rate adjustment—and the array of discount rates on older Bolt EV models—helps make items suitable in advance of the arrival of the 2024 Chevrolet Equinox EV, because of to start around $30,000.