Used Chevrolet Bolt Electric for Sale - Autotrader (2024)

FAQs

Do Chevy bolts have good resale value? ›

A Chevrolet Bolt EV will depreciate 27% after 5 years and have a 5 year resale value of $24,683.

Range, Charging, and Battery Life

The EPA gives the 2023 Bolt EV an estimated 259 miles of range on a full charge.

For all of last year, GM reported a record of 62,045 sales of the Bolt and Bolt EUV. That's a 63% increase over 2022 sales of the cars. The Bolt has served as an entry vehicle for Chevrolet with over 70% of buyers trading in a non-GM vehicle for a Bolt, Lyons said.

With 259 miles of EPA-estimated range on tap (a number we beat by 19 miles in our real-world range test), the Bolt actually has more range than a number of equally-as-new competitors with much bigger batteries than its 66-kWh unit.

Tesla Model 3

Although the five-year resale value of the Tesla Model 3 has dropped compared to last year's value, it still retains the top-spot position.

2023 Chevrolet Bolt EUV Value - $16,506-$25,453 | Edmunds.

As a result, GM will be conducting a recall of Bolt EVs (2017-2022) and Bolt EUVs (2022) to address the risk of battery fires in these vehicles.

We'd estimate that the lowest out-of-pocket cost for an uncomplicated battery pack replacement on the Chevy Bolt would be from $16,775-$17,775 ($16,000-17,000 for the battery, $100-200 for related parts, and $675 for the HV-certified labor).

It's best to avoid older models with more than 60,000 miles—especially those from hot climates. Above all, assume the original battery eventually will need to be replaced and factor that cost into your calculations.

"Bolt is selling better than it ever has since the company dropped the price. On the other hand, that probably also means that they're losing more money than they ever have on that car," said Sam Abuelsamid, a principal analyst at Guidehouse Insights. "So, they don't want to keep it going longer.

How much should I pay for Chevy Bolt? ›

Based on Edmunds analysis of recent prices paid in your area, the Edmunds Suggested Price for the 2023 Chevrolet Bolt EV 1LT base trim is $27,075. The Edmunds Suggested Price for a 2023 Chevrolet Bolt EV is based on recent transactions in your area.

GM needed the plant for other EVs

The Bolt and Bolt EUV are built at GM's Orion Assembly plant in Michigan. GM had already announced plans to retool that plant to ramp up production of the Chevy Silverado EV and GMC Sierra EV pickups in 2024. That same consideration killed the car journalist-beloved Volt hybrid.

New Bolt EV and EUV purchases qualify for a federal tax credit of up to $7,500 for eligible buyers, which can be applied toward vehicle price at time of sale by qualified and participating dealers.

The contents of both option packages for the 1LT trim come standard in the 2LT model. Other perks of the 2LT trim are leather seats, an HD Surround Vision camera, a rear center armrest, a power driver's seat, and ambient interior lighting.

2023 Chevrolet Bolt EV 1LT, $27,495

If you're simply looking for the least expensive electric car you can buy today, look no further than the 2023 Chevrolet Bolt EV 1LT.

According to a statement by a Chevy representative, "Due to ongoing industry-related pricing pressures, the Chevy Bolt EV and EUV will see modest price increases starting in 2023, but we expect it to remain America's most affordable EV.

Price Information

The base model of the 2023 Chevrolet Bolt EV has an MSRP of $27,495, but the average price paid is $27,449 based on 473 transactions from the past 20 weeks.

The Chevy Silverado 1500 is one of the best vehicles on the road for holding its value, especially over the long term. The Silverado 1500 runs slightly ahead of Ford for depreciation at year 5, with the F-150 ranked just three notches below.