Chevrolet Will Reimburse Bolt Customers Who Purchased EV Before 2023 Price Cut


Chevrolet will compensate these who obtained a 2022 Bolt EV or EUV prior to the automaker asserting considerable price cuts for the 2023 product year.

In a memo sent to dealerships this 7 days, Chevrolet said that all U.S. buyers who procured a Bolt EV or EUV for the duration of the 2022 calendar year will be suitable for a reimbursement. While leases are excluded, the shift includes all 2020, 2021, and 2022 styles, as very long as they had been ordered this 12 months.

“A smaller range of Bolt EV and EUV customers bought their vehicles in [the] 2022 calendar 12 months, when incentives have been lower thanks to minimal stock,” Chevrolet said in a statement. “As a consequence of the cost reduction declared on the 2023 Chevrolet Bolt EV/EUV, we want to make sure these consumers are satisfied with their purchase and ownership knowledge.”

Browse Far more: Chevrolet Slashes 2023 Bolt EV And EUV Selling prices By Up To $6,300

Chevrolet will reach out to customers in the coming weeks and states it will “provide reimbursements to make up the selling price variation,” Car News experiences.

It was only four months in the past when Chevrolet announced that it would slash rates of the 2023 Bolt EV and EUV types, bucking the trend of most new vehicles costing extra than at any time prior to. Price ranges for the 2023 Bolt EV kicking off at $26,595 together with vacation spot, a considerable $5,900 saving from the 2022 design. Prices for the 2023 Bolt EUV have dropped to $28,195, or $6,300 less than the 2022 product.

When initially saying the cost cuts, Chevrolet said they mirrored its “ongoing wish to make sure Bolt EV/EUV are competitive in the marketplace… affordability has generally been a precedence for these vehicles.”

The 2023 Chevrolet Bolt EV and EUV products are mechanically equivalent to the 2022 products. As these types of, they both equally use a 200 hp electrical motor and are capable of touring 259 miles (417 km) and 247 miles (397 km) on a single demand respectively.