Drivers looking for an all-electric hatchback may be able to get a 2017 Chevrolet Bolt for under $30,000 that’s capable of 238 miles on a full charge.
The new Bolt, which will be available at dealerships in late 2016, will cost $29,995 after a $7,500 federal tax credit for the LT trim level. However, buyers must live in certain states to get the federal tax credit. If they don’t qualify, they will pay $37,495 for the base level LT trim.
Buyers are urged to check with their tax professional to confirm their tax statuses and to see if they qualify.
Other states also offer EV incentives that could provide buyers with EV rebates, state tax credits or sales tax exceptions, Chevy’s website indicated. Those states include California, Colorado, Connecticut, Delaware, Louisiana, Maine, Maryland, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Utah and Washington.
Chevy officials said they feel that the pricing and the rebate is something that will be attractive to buyers looking to get into the all-electric car market.
“Value is a hallmark for Chevrolet and the pricing of the Bolt EV proves we’re serious about delivering the first affordable EV with plenty of range for our customers,” said Alan Batey, president of GM North America and leader of Global Chevrolet. “We have kept our promise yet again, first on range and now on price.”
The LT trim comes equipped with a paddle on the shifter which gives regenerative charging on demand, a rear backup camera and a 10.2-inch color touchscreen. The Premier, which is the top trim, comes equipped with the LT features plus leather appointed seats, front and rear heated seats, surround camera and rear camera mirror. No price is listed on Chevy’s website for the Premier trim level.
Check out this related TFLcar video of the Bolt’s sister car, the 2016 Chevrolet Volt, in an MPG test: