Get a Chevrolet Bolt EV For Just $8,000 From EV Incentives In California

The Chevrolet Bolt EV had long stood out in the domain of budget-conscious EVs, priced attractively at $26,500. With a range of 259 miles, the Bolt EV remains an attractive option if you are seeking an accessible entry into the world of electric mobility. Now, according to EVLife, Californians meeting specific income, residency, and vehicle ownership criteria can dive headfirst into a whirlpool of incentives, scoring a brand-new Bolt EV for as low as $8,000 or an EUV for just $9,300.

For those unwilling to wait, a limited number of Bolt models remain available for purchase nationwide. Moreover, Thanks to a blend of state and federal incentives, the dream of owning an EV is within reach for many.

How You Can Save Up To $18,500

Following the enactment of the Inflation Reduction Act of 2022, Chevrolet vehicles once again became eligible for the federal EV tax credit of $7,500 With the introduction of point-of-sale discounts, you can now access immediate savings, foregoing the traditional wait for tax refunds.

Furthermore, California’s Clean Cars 4 All program adds another layer of savings by offering up to $9,500 for trading in older, high-emission vehicles and upgrading to an EV like the Bolt. In addition, the Consumer Assistance Program provides vehicle retirement assistance of up to $1,500, leaving the savings stack up higher than ever imagined. With all these incentives added together, you will save up to $18,500. Subtracting it from its starting price will get you to $8,000 in total.

New Lineup

While these incentives present an opportunity to acquire a Bolt EV at a fraction of the MSRP, time is of the essence as production of the current Bolt generation winds down. Additionally, General Motors is preparing to reveal a new lineup of EVs, including the Chevrolet Silverado EV, Equinox EV, and Blazer EV in 2024. Following the discontinuation of the Bolt EV in 2023, General Motors also plans to reintroduce the Bolt EV in EUV form on the revamped Ultium model in 2025.

So, if you are looking for a Bolt EV, there has never been a better time to make it a reality. As the industry evolves and new models hit the market, now is the optimal time to capitalize on these savings and embrace the electric future.