2021 Chevrolet Bolt Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
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The Chevrolet Bolt first burst into the scene in 2016 as a plug-in hybrid. Today, it remains GM's only fully electric vehicle after the automaker discontinued the Volt. As the demand for EVs rises steadily, the Bolt has staked its claim as one of the best cars in the market. The 2021 installment of the Chevrolet Bolt builds on the successes of its predecessors with a fantastic redesign and improved performance.
What New for 2021?
The 2021 Chevrolet Bolt is an all-electric vehicle with an impressive range of 256 miles. Although this isn't an improvement on the 2020 version, it still the best in the market. Its closest competitors, such as the Nissan Leaf Plus and the Hyundai Kona, still lag. Another welcome addition is the inclusion of DC-fast charging in all Premier versions of the Bolt. This promises to add another 90 miles to the class-high driving range.
On the other hand, the controversial KeyPass feature has been discontinued. Fortunately, most of its functions can still be performed by the My Chevy app. Although Chevy Bolt is due to a mid-cycle refresh, it is still a versatile EV with plenty of cargo and passenger space. Unfortunately, its recent success means the car is no longer eligible for the federal tax credit, meaning buyers must dig deeper into their wallets.
What Styles are Available?
The Chevrolet Bolt is a compact hatchback. This design provides reasonable access to the spacious cargo area. It also offers better visibility through the rearview window. Like the previous version, the 2021 Bolt features a 200hp motor and a front-wheel-drive drivetrain. It does not come with an all-wheel-drive option.
Chevrolet Bolt lovers can choose from the two available trims. There are no massive differences between the two except for aesthetics. Here is a sneak peak of each trim.
5-Door Wgn LT
The 5-door wagon LT is the base trim for the 2021 Chevrolet Bolt. The good news is that all the best features of the 2021 Bolt are included in the base trim. It comes with 240 power outlets that deliver a full charge in 10 hours. The engine 200 hp motor catapults the car from 0-60 in just 6.5 seconds. The trim features a single-speed automatic transmission system.
As for the exterior, the base trim comes in 8 different colors. Buyers can also choose between gray and sky gray for the interior. The height-adjustable driver's seat makes it easy to enter and operate the car. To improve the overall driving experience, the LT comes with a variety of convenience and infotainment features.
These include the obligatory Carplay and Android auto smart integration. A more exciting feature is the voice-activated radio with a speed-sensitive volume. As a bonus, buyers also get free satellite radio for three months.
5-Door Wgn Premier
The Premier trim is identical to the base trim in terms of performance and safety. However, there are a few additional features that make it stand out. The first thing that grabs a buyer's attention is the difference in upholstery. The Premier trim comes with a leather steering wheel and gear knobs. It also comes with additional safety features, such as turn signal mirrors and blind-spot warning.
Other features available in this trim include a heated steering wheel, rear parking sensors, and cameras. The Premier trim doesn't forget about the passengers. Like the driver's seat, all the passenger seats come with multi-level heating. The folding center armrest also creates more space for the occupants. Lastly, buyers can choose from nine exterior colors compared to the base trim, which has one less option.
As expected from EVs, the 2021 Chevrolet Bolt offers a quiet drive. The 200hp motor that delivers 266lb-ft of torque gives the Bolt an impressive acceleration. Another fun aspect is the on and off feel. Since there is no delay like gasoline engines, the vehicle is quite responsive.
Those with misgivings about driving an electric car can take advantage of the normal mode, which mimics gas vehicles by providing coasting when drivers lift their legs off the brake pedal. They can also switch to the one-pedal drive mode that is standard in Tesla EVs. For such a small vehicle, the Bolt holds the road quite well. This probably thanks to the large pack of batteries placed low on the floor of the car.
The low center of gravity and the centered steering zone provide better handling and maneuverability. Overall, the Bolt feels like a larger car. The additional safety and convenience features, such as collision warning and parking assistance, make for a pleasant driving experience.
The Chevrolet Bolt received a major battery upgrade last year, bringing its total range to 259 miles. Although the upgrade doesn't boost efficiency, it remains among the most efficient EVs in the market. The EPA combine rating of the 66kwh battery is 118MPGe. This translates into fuel efficiency of about 29 kWh per 100 miles. It takes about ten hours to charge the large battery fully. With the DC fast charging option, it can recover an additional 100 miles in about 30 minutes of charging.
The 2021 Chevrolet Bolt's most significant selling points include a long driving range and a very spacious interior. It is an excellent car for commuting through the busy urban highways. The additional fast-charging options mean it can be an option for a short road trip. Get the 2021 Chevrolet Bolt today, and forget about gas prices.
How to Calculate The Dealer Cost of a Chevrolet Bolt EV
Formula for Calculating Dealer Cost:
- Example: Base Chevrolet Bolt EV invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Chevrolet Bolt EV MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.