I completed my trade repurchase (“MSRP swap”) in California on Friday, going from a 2020 Premier to a 2023 EUV Premier.
Here’s the timeline and numbers so that others know what to expect, but note this applies only to California, and only the vehicles that were originally purchased, not least. What GM offers he was completely different in other states, or if you have a lease.
Also, the salesperson set me up with the $500 in EVgo credits without me even asking. (Julius at Concord Chevrolet in the Bay Area. Highly recommended; he’s the person I bought the original car from almost 3 years ago, too. No high-pressure tactics — both times, they asked me if I wanted an extended warranty, I said "no thanks", and that was the end of it.)
I'm going to miss that beautiful Oasis Blue color, though….
Here’s the timeline and numbers so that others know what to expect, but note this applies only to California, and only the vehicles that were originally purchased, not least. What GM offers he was completely different in other states, or if you have a lease.
- Jan 25, 2020: Purchased 2020 Bolt EV Premier for “total cash price” (line 1 of the purchase contract) of $42,856, which was $47,502 including tax/license etc., minus $12,500 rebate = $35,002.
- I was willing to put up with the battery recall limitations until the point at which GM started selling new cars with new batteries before they replaced my battery. I found that annoying. So:
- May 25, 2022: First contacted EV Concierge using the online chat. My car had 19,259 miles. I got a 9-xxxxxxxxxx case number.
- July 3: Helpful local dealer Concord Chevrolet placed an order for an as-loaded-as-I-could-get-it 2023 Bolt EUV Premier and gave me an order number. The car has Sun + Sound, Super Cruise, and Interior Protection Package (all weather floor mats), and the MSRP including the destination charge was $38,035.
- July 7: I was given a six-digit case number and switched to the different repurchase coordinator on July 7.
- August 13: GM online chat switched to “Your vehicle has been produced”.
- September 16: Vehicle was delivered to dealer.
- September 22: Received formal offer with $6,875.53 usage fees, which is (42,856 / 120,000 * 19,259). Accepted the offer. Note that in California, GM does not offer a credit for the difference between the original $42,856 MSRP and the new $38,035 MSRP, which means I would have saved nothing by skipping the Super Cruise or Sun + Sound packages; I'm very glad that I loaded it up.
- September 30: Dealer was ready for me to pick up my car, and indeed, I simply wrote a check for $6,875.53 and nothing else. I drove away with the car and I love it.
Also, the salesperson set me up with the $500 in EVgo credits without me even asking. (Julius at Concord Chevrolet in the Bay Area. Highly recommended; he’s the person I bought the original car from almost 3 years ago, too. No high-pressure tactics — both times, they asked me if I wanted an extended warranty, I said "no thanks", and that was the end of it.)
I'm going to miss that beautiful Oasis Blue color, though….