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frontpage Posted by DC13 • Jun 3, 2023
frontpage Posted by DC13 • Jun 3, 2023

2023 Chevrolet Bolt EV 1LT + $7500 Tax Credit + In-Home Charger Install

(For Qualifying Buyers)

from $26500

$26,500

1,103 Comments 526,975 Views
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Deal Details
Chevrolet is offering the 2023 Chevrolet Bolt EV 1LT Electric Car + Home Charger Installation (terms apply) available from $26,500. You will also qualify for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member DC13 for sharing this deal.
  • Note: Pricing and availability will vary depending on your selected options and available inventory.
About this Car:
  • EPA-Estimate 259-Mile electric range on full charge
  • 200 Horsepower / 266 lb ft of Torque
  • 65 kWh Battery
  • Seats up to 5
  • Automatic Emergency Braking
  • Front Pedestrian Braking
  • Lane Keep Assist
  • Forward Collision Alert
  • Auto High Beam Headlights
  • 10.2" Infotainment system with Apple CarPlay, Android Auto, Alexa & More

Editor's Notes

Written by SaltyOne | Staff
  • About this Deal:
    • Home Charger Installation Offer requires following the steps located on the Offer Page here.
    • Offer available to eligible customers who purchase or lease a 2022 or 2023 Bolt EV or Bolt EUV. Home charging installation promotion includes purchase and installation of a 240V outlet (NEMA 14-50 outlet and new 40-amp breaker in existing panel) from a GM selected vendor.
    • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
      • $300,000 for married couples filing jointly
      • $225,000 for heads of households
      • $150,000 for all other filers
    • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Please refer to the forum thread for additional deal details & discussion.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by DC13
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Chevrolet is offering the 2023 Chevrolet Bolt EV 1LT Electric Car + Home Charger Installation (terms apply) available from $26,500. You will also qualify for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member DC13 for sharing this deal.
  • Note: Pricing and availability will vary depending on your selected options and available inventory.
About this Car:
  • EPA-Estimate 259-Mile electric range on full charge
  • 200 Horsepower / 266 lb ft of Torque
  • 65 kWh Battery
  • Seats up to 5
  • Automatic Emergency Braking
  • Front Pedestrian Braking
  • Lane Keep Assist
  • Forward Collision Alert
  • Auto High Beam Headlights
  • 10.2" Infotainment system with Apple CarPlay, Android Auto, Alexa & More

Editor's Notes

Written by SaltyOne | Staff
  • About this Deal:
    • Home Charger Installation Offer requires following the steps located on the Offer Page here.
    • Offer available to eligible customers who purchase or lease a 2022 or 2023 Bolt EV or Bolt EUV. Home charging installation promotion includes purchase and installation of a 240V outlet (NEMA 14-50 outlet and new 40-amp breaker in existing panel) from a GM selected vendor.
    • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
      • $300,000 for married couples filing jointly
      • $225,000 for heads of households
      • $150,000 for all other filers
    • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Please refer to the forum thread for additional deal details & discussion.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by DC13

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Top Comments

221b
418 Posts
647 Reputation
Hate when people include tax credits into price that not everyone qualifies for without all the info, it's a little misleading in these ev/Tesla threads. This requires a tax liability of $7500 or more that you get after you file and is not point of sale. Also max income of $150-300k for single/married filers to qualify. Also there is nothing new here, this is MSRP, info on tax credit, and the charger install was always included with bolt purchase (since Feb '21)

edit: For clarification from the wiki: "The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due."
So lower income people will not get a $7500 refund, it depends on your liability. i.e. A SDer responded about a student being angry in a previous thread that they only got $500 back and not $7500.
Dr. J
39097 Posts
5506 Reputation
LOL no.

Virtually all of the ICE vehicle can be recycled. Generally the only items not recyclable per se will be interior trim - it's mixed plastic and rubber. Engine? steel or aluminum. Gearcases? Steel or aluminum. Body, frame, etc, steel or aluminum. In fact, about 86% of a car can be recycled [recyclenation.com].

Meanwhile your EV will still have a fully and readily recyclable frame and body, just like the ICE. The motor will generally be recyclable. The battery? Not really. Generally batteries and battery packs are not really designed for recycling. Most are just thousands of individual cylindrical cells, that themselves are spiral wound multilayer structures. There's no easy way to separate the materials here. An ICE, you literally rip out the engine with heavy equipment and include it in with any other steel or aluminum - the process is astonishingly easy and quick [youtube.com] with heavy equipment.

Meanwhile, the batteries are generally just shredded [ucsusa.org]. The resulting material is called "black mass" and is placed into a bath of caustic chemicals to leech out the *important* elements. In certain cases, that black mass is first incinerated to burn off plastic and epoxies. Yeah that sounds super efficient and environmental to me.
truckin76
2215 Posts
349 Reputation
So basically these cars could simply be like you iphone or Guarraty disposable product. Please upgrade and throw your old one in the trash. So much for saving the environment and saving money.

1,102 Comments

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Jun 4, 2023
15,329 Posts
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Jun 4, 2023
Knightshade
Jun 4, 2023
15,329 Posts
Quote from dead4life :
Definitely not $4-5k more
Agreed, at minimum a bit over 7k more than the title price of this deal.... That said seems like a lot of people are claiming they can't ACTUALLY get a Bolt anywhere near MSRP and if the guy who said he can't find one under 38k before rebates is telling the truth then it gets even worse since that'd make it the SAME price as Model 3 SRs from inventory.


Cheapest possible Model 3 today, if you qualify for the highest state and federal tax credits, is 26-29k depending which state...here's a list someone posted earlier....

• VT: $26,320
• MA: $26,830
• PA: $27,330
• RI: $27,820
• DE: $27,820
• NY: $28,320
• CA: $28,330
• CO: $28,330
• CT: $29,030
• ME: $29,320
Last edited by Knightshade June 3, 2023 at 10:11 PM.
Jun 4, 2023
1,676 Posts
Joined Dec 2007
Jun 4, 2023
triggerhappy007
Jun 4, 2023
1,676 Posts
Quote from Eagles89 :
You literally had like 3 years to buy this car at this price and you chose to buy it when everyone else is looking right now
Actually, this is the lowest price it's ever been ( Jan 1-3 was lower if you had Costco/Uber). Chevy lost the full tax credit in 2019. They just got it back in 2023.
Jun 4, 2023
5,963 Posts
Joined Jan 2008
Jun 4, 2023
Eagles89
Jun 4, 2023
5,963 Posts
Quote from triggerhappy007 :
Actually, this is the lowest price it's ever been ( Jan 1-3 was lower if you had Costco/Uber). Chevy lost the full tax credit in 2019. They just got it back in 2023.
Actually I would argue the people who bought in 2020-21 got the best deal because they got new batteries from the recall.
2
Jun 4, 2023
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Jun 4, 2023
Eagles89
Jun 4, 2023
5,963 Posts
Quote from juan003 :
If your income/tax situation is the same year after year, and you only owe approximately $1,300 per year, you will only get that $1,300 applied towards the rebate and forfeit the rest. (You will owe $0 federal taxes).
If your taxes are only $1300 per year, you need to get an accountant because you are going to owe a lot of taxes later in life.
1
Jun 4, 2023
4,595 Posts
Joined Mar 2013

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Jun 4, 2023
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Core2Quad
Jun 4, 2023
5,940 Posts
Quote from triggerhappy007 :
You can use a 40A breaker on a 14-50 outlet if the device you're plugging in is 32A or less. The dual voltage EVSE that comes with the Bolt runs at 32A so it's safe and not against code. If you show the electrician a different EVSE that's 40A, they will use a 50A breaker.
How is that allowed to put a 50A rated outlet on a 40A breaker? You are signaling to the user this is a 50A circuit when they see a NEMA 14-50, which is a 50A rated outlet.
2
Jun 4, 2023
1,676 Posts
Joined Dec 2007
Jun 4, 2023
triggerhappy007
Jun 4, 2023
1,676 Posts
Quote from juan003 :
If your income/tax situation is the same year after year, and you only owe approximately $1,300 per year, you will only get that $1,300 applied towards the rebate and forfeit the rest. (You will owe $0 federal taxes).
You are wrong, his kids won't get the $2000 child tax credit, but they can get the $1500 additional child tax credit (it's refundable). So it's $3000 +$1300 = $4300. He gets $4300 applied to the tax credit (it's not a rebate).
Last edited by triggerhappy007 June 3, 2023 at 10:18 PM.

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Jun 4, 2023
498 Posts
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Jun 4, 2023
techtechtech
Jun 4, 2023
498 Posts
3 year lease cost is almost 70% of the MSRP. Not worth it.
Jun 4, 2023
231 Posts
Joined Dec 2014
Jun 4, 2023
kyledkat
Jun 4, 2023
231 Posts

Our community has rated this post as helpful. If you agree, why not thank kyledkat

Quote from doboy007 :
wasn't that the issue "resolved" with the recall?
It was, and the blame for the recall falls on LG for how they manufactured the early batteries. GM sued LG and won. New models are a-okay.
1
Jun 4, 2023
5,940 Posts
Joined Mar 2006
Jun 4, 2023
Core2Quad
Jun 4, 2023
5,940 Posts
Quote from elpablolv :
The Bolt is tiny and none of the dealers around me ever has any in stock. Rather spend $4-$5k more and get a Tesla Model 3.
4-5K? It's like a 9K difference...
1
Jun 4, 2023
5,963 Posts
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Jun 4, 2023
Eagles89
Jun 4, 2023
5,963 Posts
Quote from Core2Quad :
How is that allowed to put a 50A rated outlet on a 40A breaker? You are signaling to the user this is a 50A circuit when they see a NEMA 14-50, which is a 50A rated outlet.
That guy has no idea what he is talking about. If they put a 40A breaker on a NEMA 14-50 outlet, it would fail inspection.
3
Jun 4, 2023
1,676 Posts
Joined Dec 2007
Jun 4, 2023
triggerhappy007
Jun 4, 2023
1,676 Posts
Quote from Core2Quad :
How is that allowed to put a 50A rated outlet on a 40A breaker? You are signaling to the user this is a 50A circuit when they see a NEMA 14-50, which is a 50A rated outlet.
You always need to check whatever you're inserting into. LMAO

If you're traveling, are you going to check if your travel adapter is dual voltage before plugging it in somewhere? I would.
1
Jun 4, 2023
2,434 Posts
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Jun 4, 2023
reicaden
Jun 4, 2023
2,434 Posts

Our community has rated this post as helpful. If you agree, why not thank reicaden

Quote from SKV4m :
Won't be caught dead in a bolt
Why? its a fantastic little city car.
1
Jun 4, 2023
498 Posts
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Jun 4, 2023
techtechtech
Jun 4, 2023
498 Posts
I have my second lease now.

The cost of this lease would be more than the cost of my first two leases putting together.

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Pro
Jun 4, 2023
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yimnvs
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Jun 4, 2023
3,168 Posts
Quote from Eagles89 :
You literally had like 3 years to buy this car at this price and you chose to buy it when everyone else is looking right now

Pretty dumb statement. Do people buy a van when they are single to prepare for kids in the future?
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