Chevy Bolt
Chevy is offering deals on 2021 Bolts that bring the price of the
259-mile-range EV to some of the lowest levels yet, while Tesla slowly
raises the price on its best-selling Model 3.
In greater Los Angeles, 2021 Chevy Bolts are being priced close to $26,000,
according to listings on TrueCar. The MSRP for the Bolt LT is typically
about $37,000.
Meanwhile Tesla has upped the price of its least-expensive 2021 Model 3
Standard Range Plus to $39,990, a $3,000 price hike from $36,990 earlier in
2021.
Bolt vs Model 3
Price: The Tesla Model 3 Standard Range Plus now lists for $39,990
while the Bolt LT has dropped to as low as $26,000
Range: The Model 3 Standard Range Plus has an estimated range of 263
miles. The Chevy Bolt is rated at 259 miles.
MPGe: The Model 3 has a combined EPA-rated 134 MPGe*, the Bolt 118.
U.S. sales
The Model 3 was No.1 in EV sales in the U.S. for 2020, the Bolt was No. 3 (the
Model Y was No.2)
Rydell Chevrolet, one of the largest Bolt dealers in the Los Angeles area,
is showing a new 2021 Bolt Premier, the priciest trim, on their website as
of May 29, 2021, priced under $30,000, a discount of more than $14,000 off
the MSRP of $44,575.
TrueCar shows prices close to $26,000 for a new 2021 Bolt LT, the cheaper
trim, roughly $11,000 off the MSRP.
That’s unusual for a new model year Bolt, which typically doesn’t see heavy
discounting until late in the model year.
Why is this happening?
Chevy Bolt:
There is a major model year update coming for 2022 The existing Bolt is
getting a makeover and Chevy is introducing the all-new Bolt EUV.
What’s different this time is, pricing on the upcoming Bolt is a lot lower,
with the 2022 Bolt EV starting at $31,995. That’s roughly $5,500 off the
MSRP for the current base model. And the slightly larger 2022 Chevrolet Bolt
EUV, starts at $33,995.
The 2022 Bolts will include features such as adaptive cruise control and
GM’s Super Cruise (hands-free-driving) tech, both firsts for the Bolt.
Model 3:
The Model 3 price hikes, on the other hand, are a mystery since Tesla
doesn’t respond to media queries these days. And it should be noted that
Tesla has also dropped the price of the Model 3 and Model Y. That happened
earlier this year. That said, year to date, there has been a net increase.
NOTES:
*MPGe: how far a car will travel on the equivalent of one gallon of gas.
Credit: forbes.com
UPDATE: There may be additional promotions to lower the Bolt price another
$1,000 or more. Check with area dealers. Also, used car prices have gone up
recently so your trade-in could reduce your cost of a new Bolt EV even more.
As of 5-30-21 there were 108 Bolts in stock within 100 miles of Oak Run.
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