Chevy Bolt EV Forum banner
  • Hey Guest, welcome to ChevyBolt.org. We encourage you to register to engage in conversations about your Bolt.
1 - 17 of 17 Posts

· Registered
Joined
·
136 Posts
Discussion Starter · #1 ·
We flipped our '15 Volt for a '17 for very little cash out of pocket; the then-Colorado credit being $5000, 'on top of the federal $7500 bridging the gap between the resale value of the '15 and purchase price of the '17. Because of mandatory retirement account distributions, we have substantial tax liabilities for 2018, and are thinking of flipping the '17 Bolt for a '19. From what I can tell, the only significant advantage to the transaction would to be acquiring a fresh Bolt with an updated warranty. Our '17 doesn't have ACC, and I suppose I'd get that option on a '19.

So I'm looking for opinions on whether to go through the hassle of transporting the new Bolt from Keyes Chevy in Van Nuys to Western Colorado (I got a killer from their GM, Rick Alpern on the '17, and surely would buy the '19 from Keyes. Cost of the auto transport was $500, more than offset by the Costco GM holiday $700 gift card, and Rick says that a similar deal is available on a new '19 (several $K off of invoice).
 

· Registered
Joined
·
820 Posts
I would have to ring up the numbers to make a decision on this, but seems to me depreciation on the `17 Bolt would be significant. Don't see how any of it can be advantageous. I am not sure the ACC is worth it, but it is attractive. I was thinking of offloading my Bolt EV to my son, so I could play with another EV... so my lines of thinking are equally perilous.
 

· Registered
Joined
·
2,129 Posts
We flipped our '15 Volt for a '17 for very little cash out of pocket; the then-Colorado credit being $5000, 'on top of the federal $7500 bridging the gap between the resale value of the '15 and purchase price of the '17. Because of mandatory retirement account distributions, we have substantial tax liabilities for 2018, and are thinking of flipping the '17 Bolt for a '19. From what I can tell, the only significant advantage to the transaction would to be acquiring a fresh Bolt with an updated warranty. Our '17 doesn't have ACC, and I suppose I'd get that option on a '19.

So I'm looking for opinions on whether to go through the hassle of transporting the new Bolt from Keyes Chevy in Van Nuys to Western Colorado (I got a killer from their GM, Rick Alpern on the '17, and surely would buy the '19 from Keyes. Cost of the auto transport was $500, more than offset by the Costco GM holiday $700 gift card, and Rick says that a similar deal is available on a new '19 (several $K off of invoice).
You have a '17 Volt and a '17 Bolt? It would be really helpful then if you didn't just refer to a “'17” without indicating which one you're talking about.

The 2019 Bolts don't have ACC. Volts do.
 

· Registered
Joined
·
5,054 Posts
Or, you can wait another year, because for 2020 there will likely be a mid-cycle refresh (hopefully with a heat pump, better shifter and fewer gremlins), and perhaps a few other comparable models on the market.
However, the Federal Tax Credit would be done for GM for sure by then (unless it is updated), and it could be done completely for all EVs if certain legislation passes.
 

· Registered
Joined
·
2,105 Posts
Personally I would look at the long range EV competition. I purchased the bolt not only because it is a good car, but also because it was the only game in town for an affordable long range EV when I made my purchase decision. When it is time for me to gen a new vehicle is may or may not be a Chevy.

Keith
 

· Registered
21 Sienna "Sparkollz" 22 EUV "Titinsky"
Joined
·
1,684 Posts
However, the Federal Tax Credit would be done for GM for sure by then (unless it is updated), and it could be done completely for all EVs if certain legislation passes.
I hope the tax federal credit would be replaced with a different program that works better in the 2018-2019 market conditions to promote mass adoption.

Personally I would look at the long range EV competition. I purchased the bolt not only because it is a good car, but also because it was the only game in town for an affordable long range EV when I made my purchase decision. When it is time for me to gen a new vehicle is may or may not be a Chevy.
Keith
Yup, as in April 2017 the Bolt was the only immediately available and affordable long-range EV on the US market … and it still is. That was the first time I acted as an "early adopter", and now I almost wish I had sat this out … the longer you wait, the better they get.

There is no telling what we will see in 2020. It's also not impossible that we won't see anything really new.
 

· Registered
Joined
·
136 Posts
Discussion Starter · #9 ·
Well, I pulled the trigger today and ordered a '19 Premier Bolt that will be delivered in late December. Here are the numbers:

MSRP 41,300.00
Factory Invoice 39,718.52
Dealer Discount -2,500.00 (off invoice)
Costco Cash -700.00 (GM Holiday Program)
Docs & Regs 499.00
Cash Cost 37,017.52
IRS Tax Credit -7,500.00
CO Tax Credit -5,000.00
Net Cost 24,517.52
Trade in -27,000.00 (2017 Premier, 7500 miles, price good until closing)
Sales Tax 398.52 (3.9% where I live)
Net Net Cost -2,083.96

Such a deal!
 
  • Like
Reactions: fbitz777 and XJ12

· Registered
Joined
·
164 Posts
Has the MSRP gone slightly down since 2017? I configured my '17 as a '19 and I think it is 1000 less or so...
Also I thought it would be hard to buy Premier without the supercharger option ...never used it!

Anyone make me an "offer" on '17 red Bolt with all options and 13k miles?

I think the first half of 2019 will still have full FED tax credit for GM,...I really like the new green color.
 

· Registered
Joined
·
2 Posts
nice, I am also considering this, I have a 2017 Volt Premier that I absolutely love but can't get an HOV license and I have a nasty commute, we also need the tax breaks this year.... I was bummed about there being no ACC on the Bolt though.....
 

· Registered
Joined
·
25 Posts
Will any included dealer discounts still apply if we also get GM Employee discount?
My nephew works for GM, so we qualified for the GM Family First Program. When we priced the Bolt out on the Family First web site, it was more expensive than the dealer's internet price. Our salesman said he would sell us the Bolt for the higher Family First price if we really wanted. I asked if we could combine the Family First discount with the dealer discount. He told us that was not allowed and that the dealership could lose their franchise for that. As always, your mileage may vary. So it can't hurt to ask.
 

· Registered
Joined
·
136 Posts
Discussion Starter · #15 ·
Will any included dealer discounts still apply if we also get GM Employee discount?
The Build Sheet for the '19 shows--

MSRP $43,970
Factory Invoice $42,219
Employee Pricing $40,865
Supplier Pricing $42,518

So Invoice minus $2,500, $39,719 beats them all. Rick Alpern at Keyes Chevy, Van Nuys offered Invoice minus $3,000 for a custom build, and $4,000 off for '18s on his lot. Since it cost me $500 for transportation to Colorado, I offered the local dealer $2,500 for a custom build, and they took the offer with no haggling whatsoever!

I qualify for Educator Discount, but was advised not available with this deal.

P.S. The net net cost of the '17 Bolt I'm trading in for $27,000 was $24,027! (MSRP $43,280)
 

· Registered
Joined
·
676 Posts
I looked into this, and with the Oregon and federal tax breaks totaling $10K, and a $4K-off sale, I can trade my `17 Premier for a `19 Premier for a few hundred bucks. Gonna pick one up tomorrow.

BTW, Wilsonville Chevy has more than 100 2019 Bolts (and one new 2018) in stock. They got the stock and allocation from Wentworth Chevy, when they went belly-up.
 

· Registered
Joined
·
136 Posts
Discussion Starter · #17 ·
My nephew works for GM, so we qualified for the GM Family First Program. When we priced the Bolt out on the Family First web site, it was more expensive than the dealer's internet price. Our salesman said he would sell us the Bolt for the higher Family First price if we really wanted. I asked if we could combine the Family First discount with the dealer discount. He told us that was not allowed and that the dealership could lose their franchise for that. As always, your mileage may vary. So it can't hurt to ask.
I believe that the supplier and employee prices are not negotiable, and no other GM discounts apply, e.g., educator, military.
 
1 - 17 of 17 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top