Time To Buy? Chevrolet Offers $4750 Off And 4 Months Of No Payments On New Bolt Inventory

In what GM is calling a coronavirus relief package, the company is discounting the purchase of a Chevy Bolt electric car by $4,750 in cash discounts, with 0% APR financing for 72 months. Qualified buyers won’t have to make any payments for 120 days.

The cash and discounts bring the price of the Chevy Bolt Premiere to $36,000 and the LT to $29,000. As of April 1, GM electric cars no longer qualify for a federal tax credit. However, state incentives still apply to make the deal even better. Check local dealers for discounted inventory.

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atc98092 - 4/15/2020 8:55:02 AM

+2 Boost

Except there's only a handful of states that offer any meaningful incentives. In WA, they exempt a portion of the sales tax, but add an additional fee to the license tabs. So a reasonable initial offer, but the higher tab fee keeps going every year. And we don't have the ability to use carpool lanes as a single driver either.

MDarringer - 4/15/2020 9:17:52 AM

+2 Boost

EVs should come with NO government incentives. If you have to bribe people to buy an EV it just means people don't want them yet.

The Bolt isn't terrible, but neither is it especially wonderful either.

ctsang - 4/16/2020 10:29:03 AM

+1 Boost

the longer they are on the lots, the cheaper they get; so just wait

MDarringer - 4/16/2020 10:57:48 AM

+2 Boost

And believe me, there is no line. They will have to go $10K off the Bolt to be able to feel a pulse but even then it will not be many people.

xjug1987a - 4/16/2020 12:18:09 PM

+1 Boost

And Mary Barra is converting all of Cadillac to EV... WHEN is she going to be fired????