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Where are you located? The Chevy Bolt is being offered with pretty good incentives. Between those prices, gas savings, etc. Getting a Bolt might make sense.

by cowmix 7y ago

Someone1234 7y ago
It starts at $36,620 and has up to $3,750[0] in federal tax credits. Making it a $30K+ Subcompact non-luxury vehicle. It doesn't make sense. [0] https://www.fueleconomy.gov/feg/taxevb.shtml https://www.fueleconomy.gov/feg/taxevb.shtml
- d1zzy 7y ago
  It used to be much higher tax credit, if you purchased an EV a while back in CA you got around $10k total (federal + state) tax credits which was VERY significant (it explains why you can find very cheap second hand EVs, the 10k credit is already accounted for in the second hand pricing). It's the general high price of new EVs that kept me away from buying one when I was in the market last year, I'm also the type that likes to pay for their car in cash. But second hand EVs are definitely a very intriguing choice for a second/commute-only car. You can get $7k electric Smart for very low mileage (under 10k).
- freehunter 7y ago
  For comparison, you can get a Certified Pre-Owned BMW 3-series for similar money. At that price point you need to be buying the car specifically because it's electric, not because it's a good value.
  - flavoie 7y ago
    If you add up yearly fuel cost (with real number you make, not the official one), maintenance cost ($ and time wasted). Not sure it hold true. With my commute, suburban+urban with high traffic. Definitely not true. The bolt will be way cheaper. It will be also quicker, even if it was not meant to be.
    - ben7799 7y ago
      A bolt vs a 3-series is probably the same situation as the detailed comparisons we've seen from limo operators comparing the Tesla Model S vs MB S-class, BMW 7-series, Lincoln Town car, etc.. In those comparisons the Tesla proved to be 1/5-1/4 the maintenance cost per 100,000 miles. Nobody buys a BMW in the US for good value when you factor in maintenance costs & overall TCO. The only reason you buy one is cause you like the driving dynamics. That's a perfectly fine reason IMO. It doesn't seem there are any limo operators who are going to operate a Bolt and rapidly drive it to 400k-500k miles to find out just how reliable it is. But I really suspect a Chevy could be less of a hassle to maintain than a Tesla.. since GM is a much more established manufacturer and has a long built out dealer/service network it's hard for me to believe it could be worse than Tesla.
  - prolepunk 7y ago
    Yes, but you will end up with a used BMW 3-series.

Where are you located? The Chevy Bolt is being offered with pretty good incentives. Between those prices, gas savings, etc. Getting a Bolt might make sense.

by cowmix 7y ago

Where are you located? The Chevy Bolt is being offered with pretty good incentives. Between those prices, gas savings, etc. Getting a Bolt might make sense.

Someone1234 7y ago

It starts at $36,620 and has up to $3,750[0] in federal tax credits. Making it a $30K+ Subcompact non-luxury vehicle. It doesn't make sense. [0] https://www.fueleconomy.gov/feg/taxevb.shtml https://www.fueleconomy.gov/feg/taxevb.shtml

d1zzy 7y ago
It used to be much higher tax credit, if you purchased an EV a while back in CA you got around $10k total (federal + state) tax credits which was VERY significant (it explains why you can find very cheap second hand EVs, the 10k credit is already accounted for in the second hand pricing). It's the general high price of new EVs that kept me away from buying one when I was in the market last year, I'm also the type that likes to pay for their car in cash. But second hand EVs are definitely a very intriguing choice for a second/commute-only car. You can get $7k electric Smart for very low mileage (under 10k).
freehunter 7y ago
For comparison, you can get a Certified Pre-Owned BMW 3-series for similar money. At that price point you need to be buying the car specifically because it's electric, not because it's a good value.
- flavoie 7y ago
  If you add up yearly fuel cost (with real number you make, not the official one), maintenance cost ($ and time wasted). Not sure it hold true. With my commute, suburban+urban with high traffic. Definitely not true. The bolt will be way cheaper. It will be also quicker, even if it was not meant to be.
  - ben7799 7y ago
    A bolt vs a 3-series is probably the same situation as the detailed comparisons we've seen from limo operators comparing the Tesla Model S vs MB S-class, BMW 7-series, Lincoln Town car, etc.. In those comparisons the Tesla proved to be 1/5-1/4 the maintenance cost per 100,000 miles. Nobody buys a BMW in the US for good value when you factor in maintenance costs & overall TCO. The only reason you buy one is cause you like the driving dynamics. That's a perfectly fine reason IMO. It doesn't seem there are any limo operators who are going to operate a Bolt and rapidly drive it to 400k-500k miles to find out just how reliable it is. But I really suspect a Chevy could be less of a hassle to maintain than a Tesla.. since GM is a much more established manufacturer and has a long built out dealer/service network it's hard for me to believe it could be worse than Tesla.
- prolepunk 7y ago
  Yes, but you will end up with a used BMW 3-series.