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Chevrolet Announces Bolt Pricing

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On: Fri, Sep 23, 2016 at 10:01AM | By: Carl Malek

Chevrolet Announces Bolt Pricing

With the 2017 Chevrolet Bolt primed to take on its rivals in the electric vehicle segment, the Bowtie brand has announced the official pricing for its all-new green offering, which aims to bring the fight to rivals while attracting more customers at the same time.

Buyers wanting to beat their counterparts at Tesla to the punch will need to fork over $37,495 before taxes and incentives are factored in. This sum covers the base LT model, and it includes standard equipment such as a rear view camera, self-sealing Michelin tires, a 10.2-inch touchscreen infotainment system, as well as the latest iteration of Chevrolet's Regen on Demand technology. The Premier trim ups the ante a bit, and adds front and rear heated and cooled seats, leather seating surfaces, a surround view camera, as well as the same rear camera mirror technology that made its debut on the Cadillac CT6 flagship sedan. Chevrolet did not release pricing information for this particular model, but look for it to boast a slight premium when compared to its base counterpart.

The $37,495 price tag includes freight and destination fees, but, as mentioned earlier, does not include local and federal incentives. Chevrolet claims that, depending on the state, buyers could possibly bring a Bolt into their fleet for as little as $29,995, once incentives are fully factored into the final price. For comparison, the Bolt's closest rival, the aforementioned Tesla Model 3, starts at a slightly less expensive $35,000 before taxes. However, buyers looking to obtain a Model 3 for themselves will have to wait longer for the Model 3 to arrive and have to factor in the strong antip-Tesla legislation that exists in many states (including this author's home state of Michigan.)

As reported in the past, the Bolt is capable of driving up to 238 miles on a single charge, thanks to several new technologies including an all-new flat battery nestled underneath the passenger compartment. Chevy claims that a full charge takes about nine hours; however, a faster charger system can help the car get 90% charged in just 30 minutes. The Bolt also capable of surging its way to 60 mph in less than seven seconds, thanks to its healthy 266 lb-ft of torque.

Barring any surprise delays or last minute setbacks, the 2017 Chevrolet Bolt is scheduled to arrive at select dealerships at the end of the year, with the rest of the dealership chain getting their units during the first half of next year. This timetable puts it well ahead of the Tesla Model 3's eventual debut, and puts even more pressure on the slow-selling BMW i3, especially its all-electric variant.


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