Chevrolet offers the 2023 Chevrolet Bolt EV 1LT Electric Car with a home charger installation promotion starting at $26,500 (Terms apply). This deal includes the potential eligibility for a $7,500 Federal Tax Credit. The price and availability may vary depending on your selected options and inventory.
Here are some critical details about the car:
- EPA-estimated electric range of 259 miles on a full charge
- 200 horsepower and 266 lb-ft of torque
- Equipped with a 65 kWh battery
- Can seat up to 5 people
- Features automatic emergency braking, front pedestrian braking, lane keep assist, forward collision alert, and auto high beam headlights
- Includes a 10.2″ infotainment system with Apple CarPlay, Android Auto, Alexa, and more.
Please note the following information about the Home Charger Installation Offer:
- The offer requires following the steps outlined on the Offer Page provided.
- It is available to eligible customers who purchase or lease a 2022 or 2023 Bolt EV or Bolt EUV.
- The home charging installation promotion includes purchasing and installing a 240V outlet (NEMA 14-50 outlet and new 40-amp breaker in an existing panel) from a GM-selected vendor.
To qualify for the federal tax credit, there are adjusted gross income limits:
- $300,000 for married couples filing jointly
- $225,000 for heads of households
- $150,000 for all other filers
It’s important to note that the federal tax credit is non-refundable, meaning it can only be applied if you have federal tax due. If the tax due is less than the credit amount, you can only claim the credit up to the amount of the tax due.
Additionally, consider using a cash-back credit card that offers 1% – 5 % cash back on deals like this.
Note: To summarize, for customers in New Jersey, there is no sales tax applicable to the purchase. Furthermore, if you already have a 220 outlet or do not require outlet installation, you can receive a $500 EVGO charge credit. This credit can be used towards charging your electric vehicle.