With a base price of just $30,000 after the $7,500 federal tax credit, the new Chevrolet Bolt is the first affordable electric vehicle with a range in excess of 200 miles. But for those that can’t afford or don’t wont to spend $30k up front or in payments, Chevrolet has an alternative.
GM Financial has just launched the leasing program for the Bolt and as pointed out by Electrek, customers can get behind the wheel of a brand new Bolt for as little as $309 per month with no cash down after incentives.
Understandably, if a customer chooses to lease the Bolt rather than buy it, they won’t receive the federal tax credit directly. Instead, General Motors will get it and pass it onto the customer through a lower monthly payment in return. Even so, a weekly fee of less than $80 a week is still a bargain for a car which was recently named as Motor Trend’s Car of the Year.
Beyond its price, the Bolt has made headlines thanks to its 238 mile (383 km) EPA-estimated range, a figure unheard of for an electric vehicle at this price point. Helping to achieve that impressive figure is the 60 kWh floor-mounted battery pack used by the Bolt and developed by LG. It works in conjunction with a high capacity electric motoring delivering 200 hp and 266 lb-ft of torque, allowing the car to reach 60 mph (96 km/h) in less than seven seconds.
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