I’m thinking of getting the 2023 Bolt EUV due to the price + federal tax credit. Will come out to $22k after the tax credit.
Idk much about cars but do you guys think it’s worth getting it? Also, I have a paid off 2017 Toyota Corolla that I plan to trade in so my total out of pocket will be less for the Bolt EUV.
What do you guys think? Pros and cons would be appreciated
It’s very painful to just charge a 200+ mile car on a level 1. My neighbor has a 100m RT drive and a Level 1 doesn’t cut it, the Dryer plug they are using as a level 2 barely covers it.
Just curious if you went through with this. I have a 2017 Subaru Outback and have been thinking about the same. I know I will sacrifice quite a bit of interior space and utility but moving into a new vehicle that I will hand down to a teenage driver in a couple years. Right now is the plan to hand down the Subaru we bought new ~7 years ago.
no. they are not. i think the OP misunderstood. In a Chevrolet EV/EUV LEASE the $7500 is not passed to the consumer.
However, on a sale, the $7500 can be applied to the buyer’s income tax form if they meet requirements like: makes $150K or less if single, has $7500 worth of taxes to pay.
“the Bolt will likely lose half of the EV tax credit on April 18, the day after the proposed rule goes into effect. If you can manage to find one and “put it into service” before that date, you can still qualify for the full $7,500 tax credit”
I didn’t go for it. I actually planned to keep my Corolla and put it on turo while I purchase the Chevy bolt. The reason I didn’t buy it because they only had the Bolt 1LT available which everyone said is very basic. Doesn’t even have a button to open the trunk and has manual reclining. However that was fine by me, but everyone said it’s not an upgrade for buying a new car. It’s the Corolla of the EV. I looked at it only for a financial point of view which is AMAZING. If you have a need for a car and don’t want to spend too much, this is the BEST CAR! I’m serious!
I am also looking at it from a value perspective. I agree, the MSRP of one I would actually want to own is more like 32-35k. I have GM employee pricing (direct family a retiree) and coupled with the 7500 rebate its enticing proposition to move from a ~7-year-old ICE car that will be ~9 years old and 90k miles when my teenage driver starts driving, or I could trade up now for not much $ out of pocket and hand down a 2 year old EV with ~20k miles when starting to drive.
I’m through the major maintenance items on the Subaru powertrain that was due around 60k miles but I’m questioning the maintenance and ongoing costs as it continues to age from a total cost of ownership perspective. I also already have a level 2 charger in the garage but would be sharing it with a 4XE I acquired during that craze.