Demand For Chevy Bolt EV/EUV Spikes, Dealers Salivate

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Demand For Chevy Bolt EV/EUV Spikes, Dealers Salivate
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A perfect storm for Chevrolet Bolt EV and Bolt EUV sales has hit, but the sudden spike in sales is putting dealers in the driver's seat. Some Background Chevy's Bolt EV and Bolt EUV aren't

A perfect storm for Chevrolet Bolt EV and Bolt EUV sales has hit, but the sudden spike in sales is putting dealers in the driver’s seat.Chevy’s Bolt EV and Bolt EUV aren’t the best EVs around. Most EVs charge faster than they do, and many come in rear- and all-wheel drive configurations. Many other models have more seats, more interior space, and more cargo space. But one area where nobody else is beating GM right now is on the price.

Plus, Americans are coo coo for crossovers, and now the Bolt has a crossover version with the more truck-like front lines, more rear legroom, and a suspension tuned to soak up the bumps more. That more desirable configuration, combined with the temporary 2022 price cuts made permanent for the 2023 model year, made it a tough vehicle to get for most of 2022.

But this situation suddenly changed when word came out that the tax credits were coming back. Instead of wanting a Bolt or Bolt EUV right away, many buyers wanted to find one to buy in January. Even better, the Bolts are going to qualify for the full $7,500 tax credit for at least the next few months. So, Bolts started stacking up on dealer lots again, and the few people who weren’t wanting to wait for the tax credit were able to get normal sub-MSRP pricing again.

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