Chevrolet will compensate those who purchased a 2022 Bolt EV or EUV prior to the automaker announcing significant price cuts for the 2023 model year.
In a memo sent to dealerships this week, Chevrolet stated that all U.S. customers who purchased a Bolt EV or EUV during the 2022 calendar year will be eligible for a reimbursement. While leases are excluded, the move includes all 2020, 2021, and 2022 models, as long as they were purchased this year.
“A small number of Bolt EV and EUV customers purchased their vehicles in [the] 2022 calendar year, when incentives were low due to limited inventory,” Chevrolet said in a statement. “As a result of the price reduction announced on the 2023 Chevrolet Bolt EV/EUV, we want to make sure these customers are satisfied with their purchase and ownership experience.”
Read More: Chevrolet Slashes 2023 Bolt EV And EUV Prices By Up To $6,300
Chevrolet will reach out to customers in the coming weeks and says it will “provide reimbursements to make up the price difference,” Auto News reports.
It was only four weeks ago when Chevrolet announced that it would slash prices of the 2023 Bolt EV and EUV models, bucking the trend of most new vehicles costing more than ever before. Prices for the 2023 Bolt EV kicking off at $26,595 including destination, a significant $5,900 saving from the 2022 model. Prices for the 2023 Bolt EUV have dropped to $28,195, or $6,300 less than the 2022 model.
When first announcing the price cuts, Chevrolet said they reflected its “ongoing desire to make sure Bolt EV/EUV are competitive in the marketplace… affordability has always been a priority for these vehicles.”
The 2023 Chevrolet Bolt EV and EUV models are mechanically identical to the 2022 models. As such, they both use a 200 hp electric motor and are capable of traveling 259 miles (417 km) and 247 miles (397 km) on a single charge respectively.
