Overall, my experience was good. It got off to a little of a rough start, but once we found a dealer everything went pretty smoothly.
It took just over 3 months from start to finish. I first contacted EV Concierge via chat on the Chevy website on 8/5/2022. I picked up my new car on 11/14/2022. I swapped my 2021 Bolt EV Premier for a 2023 Bolt EUV Premier. I'm in Texas. All of this is based on my experience and may not be indicative of your experience.
Steps for success
1) Contact the EV Concierge. They will confirm your vehicle is eligible for repurchase. (An MSRP Swap is actually called a Trade Repurchase by GM). Don't worry about the type of repurchase at this point.
2) Once eligibility is confirmed, tell them you want to pursue a Trade Repurchase. They may try to convince you to go with a straight Repurchase because Bolt supply is limited.
3) Provide all requested paperwork as quickly and cleanly as possible.
4) Now, find your own dealer to host the swap. This caused a delay in my process because I thought they were going to find the dealer. I got lucky. I sent them some example Bolts that I wanted that showed "available" on the Chevy inventory. By the time the repurchase people contacted the dealer, the cars were sold. Fortunately, the sales director at that dealer offered to host the trade. The dealers receive a little money for hosting and it does not impact their allocations. There is no downside to the dealer for hosting the trade.
5) Put your dealer contact and the GM repurchase coordinator in contact with each other.
6) Send all photos and paperwork as quickly and cleanly as possible. This is when the odometer stopped for calculation of any usage penalty. I was at almost 23k miles.
7) Order your car via the dealer. I did this over the phone in about 5 minutes. I had already "built" the car I wanted on Chevrolet.com, so I knew exactly what I wanted.
8) Now is the waiting game. You can check on the status of your order via the chat bot on Chevrolet.com. You just need the order number from the dealer. Once the car is built, the dealer or your repurchase coordinator can give you updates on the shipping of the car. I ordered my car on 9/13/2022 and it was built by 10/5/2022. The initial shipping info put it at the dealer on 10/27/2022, but that didn't happen.
9) After the car is built, but before it is delivered to the dealer, you will receive the Trade Repurchase offer. Understand what it is. The number is formula driven based on the lemon laws in your state and is a take it or leave it offer. The MSRP's of the old car and new car are used in the calculation. What you originally paid for the car has no impact on the offer. My usage penalty (as allowed by Texas) was bigger than I expected because it was calculated on the MSRP of my old car, not on my purchase price. The offer letter is really short on details, but the numbers matched once I used MSRP for everything. I'm an accountant if that gives you any comfort.
10) Accept the offer if it works for you. In my case, I traded a 2021 Bolt EV Premier with all of the options at 26k miles for a 2023 Bolt EUV with everything including Super Cruise for about $1,400.
11) The wait continues. The delivery date changed a few times, but the dealer contacted me on 11/14/2022. I picked up the car that evening.
My old car had a few normal dings, but they weren't concerned about any of them. The car had also been in an accident and repaired by insurance at a Chevy dealer for about $10k. This was never mentioned by either party during the process.
I received the 3-year EV remote app from Onstar and the option for home 240-volt plug install or $500 EVgo credit without any prodding from me.
My dealer was Ray Huffines Chevrolet in Plano, TX. That will be the first place I go the next time I am shopping for a GM product.
Please let me know if you have any questions. Good luck!
It took just over 3 months from start to finish. I first contacted EV Concierge via chat on the Chevy website on 8/5/2022. I picked up my new car on 11/14/2022. I swapped my 2021 Bolt EV Premier for a 2023 Bolt EUV Premier. I'm in Texas. All of this is based on my experience and may not be indicative of your experience.
Steps for success
1) Contact the EV Concierge. They will confirm your vehicle is eligible for repurchase. (An MSRP Swap is actually called a Trade Repurchase by GM). Don't worry about the type of repurchase at this point.
2) Once eligibility is confirmed, tell them you want to pursue a Trade Repurchase. They may try to convince you to go with a straight Repurchase because Bolt supply is limited.
3) Provide all requested paperwork as quickly and cleanly as possible.
4) Now, find your own dealer to host the swap. This caused a delay in my process because I thought they were going to find the dealer. I got lucky. I sent them some example Bolts that I wanted that showed "available" on the Chevy inventory. By the time the repurchase people contacted the dealer, the cars were sold. Fortunately, the sales director at that dealer offered to host the trade. The dealers receive a little money for hosting and it does not impact their allocations. There is no downside to the dealer for hosting the trade.
5) Put your dealer contact and the GM repurchase coordinator in contact with each other.
6) Send all photos and paperwork as quickly and cleanly as possible. This is when the odometer stopped for calculation of any usage penalty. I was at almost 23k miles.
7) Order your car via the dealer. I did this over the phone in about 5 minutes. I had already "built" the car I wanted on Chevrolet.com, so I knew exactly what I wanted.
8) Now is the waiting game. You can check on the status of your order via the chat bot on Chevrolet.com. You just need the order number from the dealer. Once the car is built, the dealer or your repurchase coordinator can give you updates on the shipping of the car. I ordered my car on 9/13/2022 and it was built by 10/5/2022. The initial shipping info put it at the dealer on 10/27/2022, but that didn't happen.
9) After the car is built, but before it is delivered to the dealer, you will receive the Trade Repurchase offer. Understand what it is. The number is formula driven based on the lemon laws in your state and is a take it or leave it offer. The MSRP's of the old car and new car are used in the calculation. What you originally paid for the car has no impact on the offer. My usage penalty (as allowed by Texas) was bigger than I expected because it was calculated on the MSRP of my old car, not on my purchase price. The offer letter is really short on details, but the numbers matched once I used MSRP for everything. I'm an accountant if that gives you any comfort.
10) Accept the offer if it works for you. In my case, I traded a 2021 Bolt EV Premier with all of the options at 26k miles for a 2023 Bolt EUV with everything including Super Cruise for about $1,400.
11) The wait continues. The delivery date changed a few times, but the dealer contacted me on 11/14/2022. I picked up the car that evening.
My old car had a few normal dings, but they weren't concerned about any of them. The car had also been in an accident and repaired by insurance at a Chevy dealer for about $10k. This was never mentioned by either party during the process.
I received the 3-year EV remote app from Onstar and the option for home 240-volt plug install or $500 EVgo credit without any prodding from me.
My dealer was Ray Huffines Chevrolet in Plano, TX. That will be the first place I go the next time I am shopping for a GM product.
Please let me know if you have any questions. Good luck!