Used Chevrolet Bolt for Sale - Autotrader (2024)

FAQs

Why is Chevy Bolt discontinued? ›

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.

The Chevrolet Bolt is another electric vehicle known for its outstanding resale value. According to CarEdge.com, the Bolt retains around 58% of its value after three years. The Bolt's affordability, range, and performance make it an attractive option for EV buyers, positively impacting its resale value.

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

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.

Transitioning our focus to the upcoming 2024 Chevy Equinox EV, this innovative compact crossover SUV, destined to replace the discontinued Bolt, elevates its prowess by offering alternatives between Front-Wheel Drive (FWD) and All-Wheel Drive (AWD).

"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.

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.

The Chevy Bolt is a seriously good car. It is efficient, quiet, and comfortable.

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.

What is the lifespan of a Chevy Bolt battery? ›

How long do Electric car batteries last? The battery in the Chevy Bolt EV or Bolt EUV is guaranteed to get at least 8 years or 100,000 miles out of a new battery.

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).

GM ended Bolt production on December 20, 2023.

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.

Finally, GM's CEO Mary Barra announced when we can expect the next-gen Chevy Bolt EV to hit the market. The affordable EV will reemerge on GM's Ultium platform in 2025.

However, the Bolt has had its troubles. Chevy had to issue two recalls for the Bolts in recent years over concerns that battery issues could cause the cars to catch fire. Bolt owners were advised to park their vehicles outdoors once the battery was charged.

General Motors has issued a recall of all Chevrolet Bolt vehicles due to a risk of fire. The National Highway Traffic Safety Administration and General Motors are urging owners of Chevrolet Bolt vehicles to park their cars outside and away from homes and other structures due to the risk of fire.

Chevy Bolt Recalled Due to Defective Batteries

The first defect was a torn anode tab, also known as a battery tab. The anode tab is part of the negative electrode that allows each battery cell to be connected to groups of cells known as modules, which are then connected to the full battery.