3 Reasons You Should NOT buy a New Chevy Bolt

Todays video talks about some reasons that you should NOT buy a Chevrolet Bolt. If you are in the market for an EV you should watch this video...

[coalheatman]

I love my Chevy Bolt and I drive it everywhere no matter what....

[scrambler-xkkv]

The one group you missed for EV's is seniors. You know going to the grocery store, CVS. the doctor. They work wonderful for them.

[michaellinke]

The primary car argument really depends on what your driving scenario is. I wouldn't consider a trip from Florida to Michigan as a task for my Primary vehicle, unless i was doing it weekly. My primary car just needs to go a max of 80 miles in a day for work and daily errands. A road trip that will happen one or two times a year isn't a job I'd ask of my primary vehicle.

Like the review, though.

[rcgsimons]

I bought a used 2020 Chevy Bolt premier 29k miles for $14100 taxes and fees included. Great commute and local driving car. Have not taken it on a road trip yet.

[daleygreen]

Thanks for the video, but I join those who say you don't have to pay 40, 000 for a Bolt. I paid about 30, 000 for mine and only got 1850 in federal tax credits, so the dealer marked down my new 2020 Bolt by 10k. KBB says my car is worth between 22k and 23k so it only cost me 5200 to drive it for 2 years and no maintenance whatsoever! Also I get close to 290 miles per charge and haven't noticed any battery degradation.

What wasn't mentioned here was the cost of fuel that you'll be saving added into the formula and that a leased car can only be driven 15, 000 miles before they start charging you for every mile after that. It can add up very quickly

[adayinthelife]

I got my 2020 bolt Lt with dcfc for 27k with free charging options I have saved over 4500 big ones. How many big Rd trips do you take? I drive all day doing deliveries and can barely use all the power on a good day. It's a great car regardless of the recall! I plan on driving it till it dies years and years

[kamerad]

Ha Ha. Bought a new Bolt in 2019 and never looked back. LOVE IT!!!!

[tigerseye]

You are correct about these not being a long drive car. But for most people doing the everyday work, school, shopping routine, they sure beat the oil burners for low cost to drive and near zero maintenance. Your suggestion to lease instead of buy is noteworthy, in that you can turn it in for the newest tech with even longer range. As far as depreciation, ALL cars lose close to 50% value after 2-3 years, with the possible exception of Tesla ( at least for now ). Appreciate the time you took to express your viewpoints. Your video will no doubt be of much help to people who are trying to decide.

[Pilinchi]

Your prediction of Chevy increases the price by $8000 did not work out. Instead, they lowered the prices. I have my eyes on a new 2023 Bolt LT2 for $29, 790 and I may buy it this weekend.

[joshuaharmon]

I bought a 2017 Bolt this year and love it. Because I bought it used, the price was dramatically lower, and because I can get a converter, I can use the Tesla supercharger network.

[kreator-ysyz]

Would this car be ideal for 60-70miles round trip per day?

[robertlee]

Back in March of this year (2021), Chevy gave generous incentives for leasing or purchasing of 2021 Bolt EV. Incentives were as high as $17, 000 off the MSRP. I live in California. An EV also qualifies you for the carpool lane sticker which costs only $22 for three plus years. Although they do charge an extra $100 per year for the yearly DMV license fee. I have the 2020 and 2021 Bolt right now and I had a 2017 Bolt. Other than the subpar stereo system and the lousy seats, Bolt EVs are very efficient and very fun to drive. BY the way, the battery degradation for the LG battery is not as bad as you think. I have seen degradation of 7-9% when the car hits 100, 000 miles. I have ICE cars as well. Sure I can fill up the gas tank and drive 500 miles non-stop; however, EVs are so much fun to drive. Cheers!

[brendykes]

I think all you’ve done is make the case against buying new, which applies to almost all cars except some Teslas. Massive depreciation in the first few years, making a much better deal for the used buyer. I tend to buy a vehicle 3-4 years old for below market and then drive the wheels off it for 10-15 years. The 2017 Bolt is perfect for my scenario. Purchased May 5th for $15.5k & already put about 9k miles on it.

[maslowfirstlevelenergycomp]

I've bought a Bolt in July 2021 - I have a large commute and so far it is doing well.
I'm doing about 800 miles a week.
I've had the car a little over 3 months now, and put over 13, 000 miles on it.
Purchased at 54, 700 miles and currently has just over 68, 000 miles.
The only real issue is the seats - at least if you spend as much time in them as I do.

[leinad]

I paid $15, 500 in oct of 2020 for a 2017 bolt premier with 42k miles with a certified preowned warranty

[peteandtessTube]

I want to go All Electric and I’ve started focusing on the Volt as my best option. I’ve been leasing Honda’s CRVs Civis and Now a Fit for decades and I’m used to getting a new car every few years but Honda doesn’t have an EV. My lease on the FIT expires in June and I could buy it for 15k, trade it in or turn it in. You’ve made me think about the lease option on the Bolt and make some very good points. I’ve probably had 10-15 iPhones/ iPads at this point and every couple years the technology is worth the trade. I will probably feel that way about the Bolt so maybe it is better to Lease and trade rather than sink 40k into it planning to keep it longer.

[CoolAce]

You've convinced me not to buy an EV. Leasing is far better. Maybe in 10 years buying one will make sense. I own a 22 year old Infiniti G20 that is a much better car in every way over this Bolt. Way more substantial car. You're so right about much better cars you could buy for the same price as this one. I'd go for an Acura or Volvo. I'm sure they hold their resale value quite well.

[daveygjuanvalldez]

I recently learned that the 12V battery in the EV (Chevy Spark) is very important. Before I had mine replaced, I noticed the car was constantly making noises I guess the main battery trying to charge the 12V. I replaced the 12V and no more extra noises; sometimes the dash board lights would dim but not anymore. Always check that battery strength because I have had brand new gasoline engine cars off the ship where the battery was completely unable to hold a charge.

[dummyemail]

Now they reduced price by 5-6k. Do you think you can recommend it with that. No subsidy anymore i think? I think now it starts at 26-27k or something like that.