GM recalling Bolts for potential battery issue

After several months, finally got offer for straight repurchase of my 2022 EUV Premier with supercruise. Got it September 2021, getting a check for ~2000. I’m assuming at turn in I will need to turn in the charger. I did get the EV plug installed back when I got it.

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This is where you need to start, either call or message: Contact Us for Electric Vehicles | Chevrolet
They tried to talk me into a long term rental at first, but when I insisted on the swap, I was connected to the repurchasing team pretty quickly.

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Just curious on a SOC just recently how long after u tagged a bolt did someone reach out??

For myself, it took 19 days from the time I tagged a vehicle and let the RVDC know to the time I got an offer letter from a RC.

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Appreciate it!

Did u do a SOC? Lease or purchased?

I did a lease SoC

Took exactly two week to get the letter after tagging

Thanks! I’m going on 1 week.

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Did u owe anything since ur in cali?

I didn’t owe anything. They do not charge you for the usage fee in CA if you’re doing an SoC for a lease. Also the MSRP of the EUV I swapped into was a few hundred dollars less than my 2020 Bolt LT.

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Another 4 days after letter signed to final paperwork at dealership and picking up vehicle. The Bolt didn’t need to be shipped in my case - it was already on dealer’s lot.

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Just swapped my Bolt for an EUV Premier with Sun+sound. Had to put $2400 down due to the higher msrp but I keep my $116/mo payment. I’ll likely buy it out once all the swap paperwork is finalized since I’d rather have all that equity in my name than in GM Financial’s.

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I thought about that as well especially since I am planning on keeping it for a while. Is there a downside to buying it out at lease end vs right now? I like my low lease payment :slight_smile:

There’s and upside and downside. If it gets totaled I don’t know if GM financial in your state/contract will cut you a check for an overage. Of course with a low payment (with low MF) it’s better to pay the buyoff later than pay now.

If I could find clear wording on my contract that I’m owed any payoff overage I’d not buy off until the end of my contract.

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The way the SOC works you definitely want to buy it out or cash in the equity. The payoff is based on your old lease, so it will for sure have a higher value.

For sure, the only question is when to do it. Now or at lease termination.

Oh, I’m going to sell my Bolt when I get near the end of my lease. If I was going to pay it off to keep it, I would likely do it immediately after the SOC.

The money factors on these are practically free for a lot of us. I would recommend riding it out until the end of the lease in case a multitude of things occur such as: an accident, electronic gremlins, any warranty work getting held up due to supply chain, car market flipping, etc.

In my state at least, I still pay tax on the purchase price once the vehicle gets registered in my name.

My repurchasing agent called today after a week but unfortunately I wasn’t able to answer.