Summary
- Chevrolet Bolt EV was known for its value, offering 259 miles of range starting at less than $30,000
- There are affordable used Chevrolet Bolt EVs available on the market with prices as low as $10,000 to $15,000
- The Bolt EV saw updates during its model run, including a larger battery pack in 2020 and a refresh in 2022
- Buyers should consider potential fire risks due to battery issues and ensure recalls have been addressed
- Battery degradation is a concern for used Bolt EVs, but many owners have reported minimal degradation and warranty coverage is available
Article
Affordable Pricing of Used Chevrolet Bolt EV
The Chevrolet Bolt EV was known for its value, delivering 259 miles of EPA range for less than $30,000. Now that the model has been discontinued, there are plenty of used examples available on the market. Pre-refresh 2017-21 models are priced between $10,000 and $15,000, while post-refresh 2022-23 models can be found between $15,000 and $20,000. Nearly all used Bolt EVs should meet the $25,000 threshold to be eligible for the used EV tax credit, making them a great deal for budget-conscious buyers.
History and Changes in Used Chevrolet Bolt EV Models
While the Chevrolet Bolt EV lineup remained relatively consistent, there were some significant changes made during its run. For the 2020 model year, Chevy upgraded the battery pack from 60 kWh to 66 kWh, increasing the EPA range to 259 miles. The 2022 refresh brought aesthetic changes inside and out, as well as faster Level 2 charging capability. Buyers should consider the model year when choosing a used Bolt EV based on these improvements.
Comparison Between Chevrolet Bolt EV and Bolt EUV
Chevrolet introduced the Bolt EUV during the 2022 refresh, which shared the same electric powertrain and platform as the Bolt EV but offered more space and the option of GM’s Super Cruise hands-free driving. Buyers should assess their needs for cargo space and driving features when deciding between the two models. With the Bolt EUV being longer but having less cargo space, the choice depends on individual preferences.
Safety Concerns with Used Chevrolet Bolt EV
One of the main concerns with the Chevrolet Bolt EV is the fire risk associated with the battery. GM recalled over 140,000 Bolt EVs due to the risk of batteries catching fire, with some vehicles receiving new battery packs or monitoring software as a solution. Prospective buyers should thoroughly check the maintenance record and CARFAX report to ensure the battery recall was properly addressed before purchasing a used Bolt EV.
Other Potential Issues with Used Chevrolet Bolt EVs
Buyers should be aware of the Bolt EV’s slower fast charging capability compared to modern standards, which can take up to 75 minutes for a full charge. Additionally, the lack of a heat pump in the Bolt EV makes it more susceptible to range loss in cold weather. While there have been minimal reports of mechanical issues beyond the battery pack, ensuring all software updates and recalls are addressed is essential for a smooth ownership experience.
Battery Degradation and Warranty Coverage for Used Chevrolet Bolt EVs
All electric vehicles experience some battery degradation over time, with Chevrolet warning of a potential 10-40% capacity drop for Bolt EVs during the warranty period. However, anecdotal reports suggest less degradation than expected, and some older models have received new batteries to reset the degradation clock. Buyers should have the vehicle’s battery health assessed before purchase, and most used Bolt EVs come with warranty coverage for added peace of mind.
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