Chevrolet Bolt EV

AFTER INCENTIVES

$33,000

MSRP

$36,500

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ESTIMATED INCENTIVES

$3,500

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Loan Payment

$647 / month

Down Payment

$3,951

10% of MSRP plus tax

ESTIMATED INCENTIVES

$3,500

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Lease Payment

$493 / month

FIRST LEASE PAYMENT

$4,444

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Incentives For Lease

$3,500

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TYPE

Hatchback

Minimum Seats

FUEL TYPE

BEV

ELECTRIC RANGE

259 miles

MILES PER 30 MIN OF FAST CHARGING

~ 86 miles

TIME TO CHARGE - LEVEL 2

~ 9 hr 25 min

BATTERY SIZE

66 kWh

CO2 EMISSIONS REDUCTION

10,903 lbs/yr

Trees Planted

227

Gasoline Saved

741 gal/yr

For more details including charts & calculations, please view this page on a desktop.

Compare the Chevrolet Bolt EV to a similar gas vehicle, the Volkswagen GTI

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$3.16

Assumptions

Sales Tax8.25%

Electricity Rate*$0.15/kWh

* Note: Rate displayed is TOU-D-PRIME for winter off-peak charging. Summer off-peak charging will be billed at $0.16/kWh. Learn more here.

Results have been updated as of 1/27/2021, 9:19:37 PM.

Cost to Fill Up Monthly

The Chevrolet Bolt EV is $123 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Chevrolet Bolt EV	$72	$0	$72
Volkswagen GTI	$0	$195	$195

Cost of Ownership

The Chevrolet Bolt EV is $6,758 cheaper to own over 5 Years

Description	Chevrolet Bolt EV	Volkswagen GTI
Vehicle	$27,180	$24,376
Maintenance	$3,171	$5,741
Insurance	$8,871	$8,510
Electricity	$4,350	$0
Gasoline	$0	$11,704
Total	$43,572	$50,330

We selected the Volkswagen GTI based on its proximity to the Chevrolet Bolt EV based on brand, size, and price.

Up to $3,500 in tax credits and rebates are potentially available
for the Chevrolet Bolt EV

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

Rebate

$1,500

California Clean Fuel Reward

A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption

Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

Financing

California Clean Vehicle Assistance Program Beneficial State Foundation

Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

Rebate

$2,000

California Clean Vehicle Rebate Project

The California Clean Vehicle Rebate Project (CVRP) offers rebates for the purchase or lease of qualified vehicles. Low income applicants are eligible for higher incentives.

Special EV Rate

SCE TOU-D-PRIME

Southern California Edison (SCE) offers a special rate to customers for electricity used to charge PEVs called TOU-D-PRIME. This Time-Of-Use (TOU) rate plan has the same periods as our TOU-D-4-9PM rate plan option but offers the lowest off-peak rates of all TOU rate plans to optimize savings while charging your vehicle.

Rebate

Up to $500

South Coast AQMD Resident EV Charging Incentive Pilot Program

Incentive of $250 for the cost of hardware for eligible Level 2 residential chargers. Chargers not listed on the online application may be considered for the program. An additional incentive of up to $250 will be available for low income residents. Eligible vehicles must be on the Clean Vehicle Rebate Project (CVRP) eligibility list. This rebate can only be stacked with other programs towards the cost of installation.

Charging Stations

Zip Code

Public stations
Installed by business or government

High Power Stations
DC fast charge or superchargers

Other Types of Stations
Private stations

Chevrolet Bolt EV

Cost Analysis

Charging Stations