How Much Is a Chevy Bolt Electric Car Pricing Guide 2024

The 2024 Chevy Bolt EV starts at an affordable $26,500, making it one of the most budget-friendly electric cars on the market with a generous 259-mile range. With available tax credits potentially dropping the price below $20,000, it’s a smart, eco-conscious choice for value-driven drivers.

Key Takeaways

• Affordable pricing: 2024 Chevy Bolt starts under $27,000, making it a budget-friendly EV choice.
• Tax credit eligible: Qualifies for up to $7,500 federal tax credit, reducing overall cost.
• Two trim levels: Choose between LT and Premier, balancing features and price effectively.
• Low maintenance: Electric powertrain cuts long-term ownership costs significantly vs. gas models.
• 259-mile range: Competitive range per charge for daily commutes and weekend trips.
• Fast charging: DC fast charging adds 100 miles in just 30 minutes.
• Production ended: Last 2023 models available; act fast for remaining inventory deals.

How Much Is a Chevy Bolt Electric Car? A 2024 Pricing Guide

Let’s be real: buying an electric car can feel like stepping into a whole new world. The terms “kWh,” “Level 2 charger,” and “tax credits” might sound like something out of a sci-fi movie. But if you’re looking for a practical, affordable electric vehicle (EV) that doesn’t break the bank, the Chevy Bolt has been a fan favorite for years. And in 2024, it’s still one of the most compelling options on the market—especially when you consider how much you get for your money.

I remember when I first started looking into EVs a few years ago. I wanted something reliable, with decent range, and—most importantly—a price tag that didn’t make my wallet scream. That’s when I discovered the Chevy Bolt. It wasn’t flashy, but it was honest, efficient, and surprisingly roomy for a compact hatchback. Fast forward to today, and the Bolt is still a top contender in the affordable EV space. But with all the changes in pricing, trims, incentives, and even production status, you might be wondering: How much is a Chevy Bolt electric car in 2024?

The answer isn’t as straightforward as it used to be. While Chevy has discontinued the original Bolt EV and Bolt EUV, they’ve also introduced new pricing models, incentives, and even a successor in the works. So whether you’re shopping new, used, or considering a lease, there’s a lot to unpack. In this guide, we’ll walk through everything you need to know about the 2024 Chevy Bolt’s pricing, trims, tax credits, and real-world value—so you can make an informed decision without the stress.

Current Chevy Bolt Pricing: What to Expect in 2024

The Chevy Bolt lineup has evolved significantly since its 2017 debut. In 2024, the story is a bit more nuanced. While GM officially ended production of the original Bolt EV and Bolt EUV in late 2023, remaining 2023 and 2024 model-year Bolts are still available at dealerships, often at heavily discounted prices. This is great news for budget-conscious buyers—but it means pricing varies widely depending on trim, location, and incentives.

Base MSRP for 2023–2024 Models (Remaining Inventory)

Here’s a quick breakdown of the manufacturer’s suggested retail price (MSRP) for the final model years:

• Chevy Bolt EV (2LT trim): $26,500
• Chevy Bolt EUV (LT trim): $28,800
• Chevy Bolt EUV (Premier trim): $33,000

These prices reflect the revised 2023–2024 MSRPs, which were already reduced from earlier years. Chevy slashed prices by $5,900–$6,300 across the board to stay competitive, making the Bolt one of the most affordable new EVs on the market.

Real-World Dealership Prices: Expect Discounts and Incentives

But here’s the kicker: you likely won’t pay full MSRP. In fact, many dealers are offering additional discounts, rebates, and lease specials to clear out remaining inventory. From my conversations with buyers in early 2024, I’ve heard of:

• Out-the-door prices as low as $22,000–$24,000 for a 2023 Bolt EV 2LT after dealer discounts
• Lease deals starting around $199/month with $2,000 down (varies by region)
• Some dealers offering free Level 2 home charger installation or charging credits

One friend in Colorado picked up a 2023 Bolt EUV Premier for $28,500 out the door—including tax, title, and fees—after a $4,500 dealer discount and a $1,000 manufacturer rebate. “I couldn’t believe how much I saved,” he said. “It felt like getting a new car for used-car money.”

Used Chevy Bolt Pricing: A Smart Alternative

If you’re open to a used model, you’ll find even better deals. A quick search on CarGurus or Autotrader in mid-2024 shows:

• 2017–2019 Bolt EVs: $12,000–$16,000 (with 30,000–60,000 miles)
• 2020–2022 Bolt EVs/EUVs: $18,000–$22,000 (with 15,000–40,000 miles)

Just be aware: earlier models (2017–2019) were part of a battery recall due to fire risks. GM replaced the battery packs under warranty, so if you’re buying used, make sure the recall has been completed. Most dealerships will verify this before sale, but it’s always worth double-checking.

Chevy Bolt Trims and Features: What You Get for the Price

One of the reasons the Chevy Bolt stands out is its value-packed trim levels. Even the base models come with features that many competitors charge extra for. Let’s break down what you get at each level—and whether it’s worth the upgrade.

Bolt EV 1LT (Base Model)

The 1LT is the most affordable trim, with an MSRP around $26,500. For that, you get:

• 200-mile range (EPA-estimated)
• 17-inch alloy wheels
• Chevy Infotainment 3 system with 10.2-inch touchscreen
• Apple CarPlay & Android Auto
• Rear camera and parking sensors
• Keyless entry and push-button start

It’s a solid starter EV. I’d recommend this trim if you’re on a tight budget and don’t need all the bells and whistles. The only downside? No heated seats or steering wheel—something I missed during my winter test drive.

Bolt EV 2LT (Mid-Tier)

Step up to the 2LT (~$27,500) and you get:

• Heated front seats and steering wheel
• Power-adjustable driver’s seat
• Rear USB ports
• Available Driver Confidence II Package (adds blind-spot monitoring, rear cross-traffic alert, and automatic emergency braking)

This is where the Bolt starts to shine. The heated seats are a game-changer in cold climates, and the driver aids add peace of mind. I’d call this the sweet spot for most buyers.

Bolt EUV LT vs. Premier: Size Matters

The Bolt EUV is a slightly larger version of the Bolt EV, with more rear legroom and a more SUV-like stance. The LT trim (~$28,800) includes:

• 247-mile range (thanks to a slightly larger battery)
• Roof rails
• Available Super Cruise (GM’s hands-free highway driving system)

The Premier trim (~$33,000) adds:

• Leather-appointed seats
• Power liftgate
• 8-inch digital instrument cluster
• Available panoramic sunroof

If you’re a tech lover or want a more premium feel, the Premier is worth the extra $4,000. But for most people, the LT trim with the optional Super Cruise package (~$2,200) offers the best balance of features and price.

Real-World Feature Tip: Super Cruise Is Worth It (If You Drive on Highways)

I tested Super Cruise on a 200-mile highway trip, and it was surprisingly relaxing. The system uses cameras and sensors to keep the car centered in the lane and maintain distance from traffic—all while allowing your hands to rest. It’s not fully autonomous, but it reduces fatigue on long drives. Just know it only works on mapped highways (over 400,000 miles in the U.S. and Canada).

Federal and State Incentives: How Much Can You Actually Save?

One of the biggest factors in the total cost of a Chevy Bolt is incentives. And here’s the good news: the Bolt still qualifies for federal tax credits in 2024—but with some important caveats.

Federal Tax Credit: Up to $7,500 (But Not at Purchase)

Thanks to the Inflation Reduction Act (IRA), the Chevy Bolt EV and EUV are eligible for the full $7,500 federal tax credit—but only if you buy a 2023 or 2024 model before December 31, 2024. Here’s how it works:

• You claim the credit on your federal tax return (not at the dealership)
• You must owe at least $7,500 in federal taxes to get the full amount
• If you owe less, you can only claim up to your tax liability
• You can’t “get the money back” if you overpay—it’s a non-refundable credit

Example: If your tax bill is $5,000, you’ll get a $5,000 credit. The remaining $2,500 is lost.

State and Local Incentives: Stack the Savings

Many states and cities offer additional rebates, HOV lane access, or free charging. Here are a few standout programs:

• California: Clean Vehicle Rebate Project (CVRP) offers up to $4,000 for low- and moderate-income buyers
• New York: Drive Clean Rebate provides $2,000 for EVs under $42,000
• Colorado: $5,000 state tax credit (in addition to federal)
• Oregon: Up to $2,500 rebate + free public charging for 2 years

Pro tip: Check the U.S. Department of Energy’s Alternative Fuels Data Center to see what’s available in your state. I found a $2,000 rebate in my area I didn’t even know existed!

Dealer Incentives: Don’t Be Shy to Ask

Dealers are eager to move remaining Bolts. Ask about:

• Manufacturer-to-dealer rebates (often $1,000–$3,000)
• Free charging credits (e.g., $250–$500 at EVgo or ChargePoint)
• Complimentary home charger installation (some dealers partner with Qmerit)

One buyer in Texas told me his dealer threw in a free 120V charging cord and a $200 Visa gift card—just for asking. “It never hurts to negotiate,” he said.

Total Cost of Ownership: Beyond the Sticker Price

When you ask “how much is a Chevy Bolt electric car?”, you need to think beyond the upfront cost. Over time, EVs can save you thousands in fuel, maintenance, and depreciation. Let’s break it down.

Fuel Savings: $1,000+ Per Year

The average U.S. driver travels 13,500 miles per year. With electricity at $0.13/kWh and the Bolt’s 280–290 Wh/mi efficiency:

• Annual charging cost: ~$500 (home charging)
• Equivalent gas cost (at $3.50/gallon and 25 mpg): ~$1,890
• Savings: $1,390 per year

If you have solar panels, your charging cost drops even further—potentially to $0.

Maintenance: Fewer Parts, Fewer Problems

EVs have far fewer moving parts than gas cars. No oil changes, spark plugs, or transmission fluid. Over 5 years, you can save:

• $2,000+ in routine maintenance
• $1,500+ in brake replacements (regenerative braking reduces wear)

The Bolt’s 8-year/100,000-mile battery warranty also gives peace of mind.

Depreciation: A Mixed Bag

The Bolt’s resale value has been lower than average in the past, partly due to the battery recall and rapid price drops. But with the 2023–2024 price cuts, depreciation may stabilize. A 2023 Bolt EV might retain 50–55% of its value after 3 years—better than some rivals.

Insurance: Slightly Higher, But Not Dramatic

EVs often cost 10–15% more to insure due to higher repair costs. For a 2023 Bolt EV, expect:

• Monthly premium: $140–$180 (varies by location and driver profile)
• About $20–$30 more than a comparable gas-powered hatchback

Shop around—some insurers (like Progressive and State Farm) offer EV discounts.

Chevy Bolt Successor: What’s Coming Next?

While the current Bolt is a great deal, Chevy isn’t abandoning the affordable EV space. In 2024, GM announced the Chevy Bolt EUV+, a next-gen model based on the Ultium platform, set to launch in 2025.

What to Expect from the New Bolt

• Longer range: 300+ miles (up from 247–259)
• Faster charging: 10–80% in 30 minutes (vs. 30–80% in 30 minutes on current model)
• New tech: GM’s next-gen infotainment, improved Super Cruise, and over-the-air updates
• Price: Estimated $30,000–$35,000 (slightly higher, but with better features)

The new Bolt will also be built in the U.S., which could make it eligible for full federal tax credits under the IRA’s new rules (which require domestic battery components).

Should You Wait for the New Model?

It depends. If you need a car now and want to save $5,000–$10,000, buy a 2023/2024 Bolt. But if you can wait a year and want cutting-edge tech and longer range, the 2025 Bolt EUV+ might be worth the wait.

Final Thoughts: Is the Chevy Bolt Worth It in 2024?

So, how much is a Chevy Bolt electric car in 2024? The answer is: surprisingly affordable. With MSRPs starting at $26,500, dealer discounts, and up to $7,500 in tax credits, you could drive one home for under $20,000—especially if you qualify for state rebates.

The Bolt isn’t perfect. The cabin materials feel a bit cheap, the infotainment can lag, and the ride is on the firm side. But for the price, it delivers incredible value: solid range, great tech, and low operating costs. It’s a practical, no-nonsense EV that gets you from A to B—without the guilt (or gas station stops).

Whether you’re a first-time EV buyer or looking to downsize from a gas SUV, the Chevy Bolt makes a compelling case. And with the next-gen model on the horizon, now is a great time to score a deal on the current version. Just remember to:

• Check for federal and state incentives
• Negotiate with dealers (they want to move these cars)
• Verify battery recall completion (for used models)
• Consider long-term savings on fuel and maintenance

At the end of the day, the Bolt proves that going electric doesn’t have to be expensive. It’s not flashy, but it’s honest—and sometimes, that’s exactly what you need.

Model	MSRP (2023–2024)	Range (EPA)	Key Features	Estimated Out-the-Door Price (After Discounts & Tax Credit)
Bolt EV 1LT	$26,500	259 miles	10.2″ touchscreen, Apple CarPlay, rear camera	$21,000–$23,000
Bolt EV 2LT	$27,500	259 miles	Heated seats, steering wheel, Driver Confidence II	$22,000–$24,000
Bolt EUV LT	$28,800	247 miles	Roof rails, Super Cruise (optional)	$23,000–$25,000
Bolt EUV Premier	$33,000	247 miles	Leather, power liftgate, sunroof (optional)	$27,000–$29,000

Remember: prices vary by region, dealer, and your tax situation. But one thing’s for sure—the Chevy Bolt remains one of the best values in the EV world. Happy driving!

Frequently Asked Questions

How much is a Chevy Bolt electric car in 2024?

The 2024 Chevy Bolt EV starts at around $26,500 for the base 1LT trim, while the 2LT trim is priced at approximately $29,500. These prices exclude federal or state EV incentives, which can further reduce the cost.

What affects the pricing of the Chevy Bolt EV?

The Chevy Bolt electric car’s price depends on trim level, optional features, and regional incentives. Higher trims like the 2LT include upgrades like heated seats and a premium audio system, increasing the final cost.

Does the Chevy Bolt qualify for tax credits in 2024?

Yes, the 2024 Chevy Bolt may qualify for a federal tax credit of up to $7,500, depending on eligibility. State and local incentives can provide additional savings, making the Bolt even more affordable.

How much is a Chevy Bolt compared to other EVs in its class?

The Chevy Bolt electric car remains one of the most budget-friendly EVs, undercutting rivals like the Tesla Model 3 and Hyundai Kona Electric. Its competitive pricing and 259-mile range make it a standout value.

Are there lease or financing options for the Chevy Bolt?

Chevrolet offers lease deals and low-APR financing for the Bolt EV, with monthly payments starting as low as $200. Special promotions may include reduced down payments or bonus cash offers.

How much does it cost to charge a Chevy Bolt at home?

Charging a Chevy Bolt at home typically costs $6–$8 for a full charge, based on the U.S. average electricity rate of $0.14/kWh. This translates to roughly $0.02–$0.03 per mile driven.