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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 526,854 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
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Joined Dec 2004
Jun 4, 2023
mluu510
Jun 4, 2023
1,303 Posts
Quote from OliveStew166 :
The govmt should limit their social aid to under each county median income.

150k is a San Francisco median, or the edge between the 85% and 15% everywhere else.
The federal tax code is already complicated enough, you want to expand it to be down the granular level? 🤣 Also there are EV incentives at the county level. Look up CVRP and cars4all
1
Jun 4, 2023
1,160 Posts
Joined Dec 2006
Jun 4, 2023
HexiumVII
Jun 4, 2023
1,160 Posts
Quote from Cecerious :
It's no wonder why their cars catch on fire. Chevy should really think about hiring new electrical engineers.

I though this was a typo on the OP's part, but the website does indeed state a 40 amp breaker on a NEMA 14-50 outlet. Umm talk about a code violation.

(Keep in mind that this is a universal outlet install, NOT a direct wiring install. So the breaker NEEDS to be sized to the maximum load limit, not just the load limit of the primary device that's going to be installed on it.)
What code are you talking about? NFPA 70, National Electrical Code (NEC) adopted in all 50 states states that circuit breaker should be rated for 125% of your maximum continuous load.
However it is true that this is under ideal conditions. If you ambient temperature goes up, then in practice it can overheat. I usually only do 70% as even 80% the outlet can get extremely hot.
Jun 4, 2023
1,303 Posts
Joined Dec 2004
Jun 4, 2023
mluu510
Jun 4, 2023
1,303 Posts
Quote from TjC4244 :
If my tax liability is 5300. But I have two kids so I only owe 1300. What happens then?
You go hire a tax expert to find the answer of you can't figure it out in your own, duh
1
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Jun 4, 2023
1,927 Posts
Joined Feb 2004
Jun 4, 2023
porky
Jun 4, 2023
1,927 Posts
Quote from chipmonger :
Hmmmm... isn't the NJ state tax credit only $4k?
Yes, it's $4,000 this year. It was $5,000 when the program was initially launched in 2020. I think it was $4,000 last year too.
Jun 4, 2023
1,325 Posts
Joined Sep 2007
Jun 4, 2023
NYzGHeTToBoY
Jun 4, 2023
1,325 Posts
Quote from TekkenLord :
What's the average insurance premium for these?
In NYC I was quoted 2.5x for Tesla than I paid for my highlander 2020. I guess the insurance companies are going after the "green" as well.
Jun 4, 2023
383 Posts
Joined Sep 2016
Jun 4, 2023
alcie
Jun 4, 2023
383 Posts
Quote from HexiumVII :
What code are you talking about? NFPA 70, National Electrical Code (NEC) adopted in all 50 states states that circuit breaker should be rated for 125% of your maximum continuous load.
However it is true that this is under ideal conditions. If you ambient temperature goes up, then in practice it can overheat. I usually only do 70% as even 80% the outlet can get extremely hot.
If the outlet gets hot, find a qualified electrician to replace it. Unlike thermally actuated breakers, outlets are supposed to keep their cool.
Pro
Jun 4, 2023
11,102 Posts
Joined Jul 2008
Jun 4, 2023
c2nah777
Pro
Jun 4, 2023
11,102 Posts
Quote from spartanerik :
For anyone seriously considering this, adjust your withholding down on that W4 so you can owe and have a tax liability

That being said, if you live in a major city, good luck finding a Bolt that isn't over MSRP
The credit does not depend on what you owed or if you were owed a refund at tax time.

It's based on your gross tax liability. In other words, it would add $7500 to your refund or offset any liability and refund the difference, as long as you had prepaid and were charged over $7500 in taxes throughout the year.
Refer to this post: https://slickdeals.net/forums/showpost.php?p=163842941&postcount=18
And this:
https://slickdeals.net/forums/showpost.php?p=163843601&postcount=26
Last edited by c2nah777 June 4, 2023 at 05:15 AM.

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Jun 4, 2023
374 Posts
Joined Nov 2013
Jun 4, 2023
BrandonS5958
Jun 4, 2023
374 Posts
I bought 2 EUVs, solid car and a solid deal.
Jun 4, 2023
526 Posts
Joined Mar 2019
Jun 4, 2023
ggapropros
Jun 4, 2023
526 Posts
Quote from yesngo :
I've been driving BEV Chevys for the past 10 years, prior to which I never owed any American brand vehicle. I've had 2 Spark EVs, 2 Bolt EVs, and currently have 2 Bolt EUVs. After my first Spark EV, I was sold on EVs in general. There is zero maintenance other than changing the tires. I've stuck with GM due to their value proposition.

My brother has a Tesla Model 3 and Model Y. He swore off Tesla after his model 3 due to the ride quality, but after he drove the Model Y, he felt they made significant improvements, and bought one. I've driven both his cars, and there are a few reasons I have not gone with Tesla. The first is the sparse interior and inability to use Android Auto (which now is actually wireless in my EUV). I was also surprised to learn there is no option for ventilated seats. Tesla also does not give you the option to reduce the amount of regeneration, basically forcing you to have 1 pedal driving. They do this to increase their EPA numbers, which is smart on their end, and fine for those who like 1 pedal driving. I personally do not. The other smart thing that Tesla does is allow you to utilize 100% of the battery, but warns you to charge only up to 80% to prolong its life. Other manufacturers like GM don't trust you to do that, so when you charge to 100% on a GM, it's not truly 100%. There is a reserve in there that you cannot access. So for an equivalent battery size and drag, the Tesla will have a higher EPA rating. I wish GM would allow us to access the battery fully.

Finally, insurance costs for Teslas is quite expensive. I insure both my Bolt EUVs for $1k per year through Costco. My brother pays $8k for his 2 Teslas. I think this is just due to the fact that all repairs have to go through Tesla, so they can charge whatever they want, which forces insurance companies to often just total the entire car for minor accidents. It also appears to be the case for the newer EV companies like Rivian and Lucid.

I have Supercruise on one of my EUVs, and love that I don't have to keep my hand on the wheel. I don't think it works in as many areas as a Tesla, but when it does, it's great. However, GM is moving towards the subscription model, so they will now charge to be able to use supercruise after the first 3 years. The basic Tesla Autopilot does not require additional costs. I wish GM had a Sentry mode, like Tesla, and the ability to download footage, but it does not, so I'm forced to use a dashcam.

Anyway, if you can find a Bolt at a decent price, I'm sure you'll be happy with it, especially if you're new to EVs. In my opinion, there is no better value at this time, so get them before GM stops making them later this year.
Hahahaha $8000 for 2 teslas. Does your brother have a dui?
2
Jun 4, 2023
1,873 Posts
Joined Jun 2007
Jun 4, 2023
BobMighty
Jun 4, 2023
1,873 Posts
Quote from chipmonger :
Hmmmm... isn't the NJ state tax credit only $4k?
Those are done for the year. But in NJ it was that in addition to the federal ev rebate.
Jun 4, 2023
48 Posts
Joined Nov 2011
Jun 4, 2023
MoreBookish
Jun 4, 2023
48 Posts
Good luck finding one.
1
Jun 4, 2023
612 Posts
Joined Jul 2005
Jun 4, 2023
blahbbs
Jun 4, 2023
612 Posts
The Bolt is a nice EV, but man, the 50kW DC fast charge limit is a bummer if you go on any road trips. For short trips or city driving -- which is probably what most people do 99% of the time -- it's not an issue.
Jun 4, 2023
324 Posts
Joined Aug 2012
Jun 4, 2023
iumichael
Jun 4, 2023
324 Posts
Quote from forumz :
NEMA 14-50 is just the receptacle. I put in a 50A breaker but cap my charger at 40A on my NEMA 14-50. So sounds like their installation is just good for 32A home chargers which is still totally fine, albeit a little slower.
I'm getting my plug installation from GM done June 20. Why would 6awg Romex and a 50 amps breaker not be sufficient for 40A charging?
Jun 4, 2023
324 Posts
Joined Aug 2012
Jun 4, 2023
iumichael
Jun 4, 2023
324 Posts
Quote from blahbbs :
The Bolt is a nice EV, but man, the 50kW DC fast charge limit is a bummer if you go on any road trips. For short trips or city driving -- which is probably what most people do 99% of the time -- it's not an issue.
I drove a new EUV over 700 miles home from Maryland to Indiana last week. The charging did slow me down, but not horribly so. I wasn't in a huge rush either plus my stops were usually somewhere I could eat, or take a walk, or use the restroom, etc. Wasn't bad at all. If I had a deadline though it would have been annoying, I agree.
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Jun 4, 2023
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Joined Aug 2012
Jun 4, 2023
iumichael
Jun 4, 2023
324 Posts
Quote from MoreBookish :
Good luck finding one.
There's an EUV near me for MSRP. But when I bought mine last week, to get the one I wanted I flew to Maryland because the one near me was marked up and I won't play that game. It's not easy to find at MSRP, but possible with enough calling and willingness to make a trip to get one.

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