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Chevrolet Bolt EV 1LT 2023

Manufacturer website

Basic Specs

Hatchback

Seats

16.6-57

cu. ft. Cargo Space

Fuel Type
& Range

All Electric

259

Electric Miles

Battery Size (kWh)

Acceleration

6.5 seconds

to 60 miles per hour

Safety

N/A

NHTSA Rating

N/A

IIHS Top Safety Pick

Recharge Speed

Home and Away

Level 1

00 mi

Range
added in

Level 2

00 mi *

At Fast Charge Stations

* Estimates only. Max rate accepted by the vehicle shown. Your experience may vary.

Detailed Specs on
Manufacturer Website

EPA-Rated All-Electric Range: 259 miles

Home Charging

Cost

Cost of Charging

Miles

Average cost per kWh in New Mexico is $0.1365. This vehicle averages 0.28 kWh per mile.

Charging Incentives

From	Incentive	Description
Federal	Alternative Fuel Infrastructure Tax Credit	Individuals in low-income communities and non-urban areas who purchase qualified residential fueling equipment after January 1, 2023, may receive a tax credit of up to $1,000.
New Mexico	The Sustainable Building Tax Credit	The Sustainable Building Tax Credit provides a renovation tax credit for the purchase and installation of EV make-ready infrastructure at existing buildings. Residential properties are eligible for a $500 tax credit, increasing to $1,000 if the infrastructure is for an income-eligible resident.
New Mexico	The Sustainable Building Tax Credit	The Sustainable Building Tax Credit provides a renovation tax credit for the purchase and installation of EV make-ready infrastructure at existing buildings. Residential properties are eligible for a $500 tax credit, increasing to $1,000 if the infrastructure is for an income-eligible resident.

Home Chargers

Find compatible home chargers

Find a qualified electrician

Charging On The Go

Local charging stations

Cash Loan Lease

Your Vehicle Cost: Cash Purchase*

Your Vehicle Cost: Loan Financing*

Financing parameters

Loan duration

5 years

Interest rate

4.21 %

Downpayment

10 %

Downpayment value: $

Your Vehicle Cost: Lease*

Note: Capitalized incentives such as the federal tax credit decrease monthly lease and are listed in the section below.

Capitalized and Residual Costs

Annual driving

14000 miles

Residual cost

60 %

Lease parameters

Lease duration

36 months

Interest rate

2.4 %

Downpayment

7 %

Downpayment value: $

Lease Negotiation: Fees and incentive pass-through

Fraction of incentives passed to reduce lease

50 %

Acquisition fee

$650

Document fee

$80

Disposition fee

$395

Deal Negotiation

Additional options and fees

Discount

Comparison with gas equivalent car:

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(*) This is an estimate. Your final cost may vary.

Estimate Of Your Incentives

Conditional incentives for Tijeras, NM 87059, in Bernalillo County; local utility is Public Service Co of NM.

Federal Tax Credit - Purchased Vehicles	$7,500
Total	$7,500

Estimate Your Vehicle Incentives

Estimate Vehicle Incentives in Zip 87059

What is your federal tax liability?

$7,500

What is your household income?

$50,000

How do you file your taxes?

You may qualify for additional incentives. Click the button below to get a more personalized estimate.

Get Personalized Estimate

Vehicle incentives only; does not include incentives for charging stations, electricity and other perks.

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Total Cost of Ownership

Cash Loan Lease

Electricity

Gasoline

Maintenance

Insurance

View: Total | Yearly | Monthly | Per Mile

Annual driving: miles

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Calculation Details

Net Depreciation (Cash Purchase) Net Depreciation (Loan Financing) Lease | Fuel | Maintenance | Insurance

Net Depreciation (Cash Purchase)

	Chevrolet Bolt EV 1LT 2023	Volkswagen GTI S (gas)
Cost after fees, tax and incentives
Resale value (capped at purchase price)	$	$
Net depreciation (Cost after fees, tax and incentives - Resale value)	$	$
Yearly net depreciation	$	$
Monthly net depreciation	$	$
Per mile net depreciation	cents/mile	cents/mile

Resale Value

	Chevrolet Bolt EV 1LT 2023	Volkswagen GTI S (gas)
Miles driven
Build Price
Resale value (% of MSRP) Assuming negative exponential depreciation with distance Resale value is 60% after 36,000 miles
Resale value (capped at purchase price)	$	$

Net Depreciation (Loan Financing)

	Chevrolet Bolt EV 1LT 2023	Volkswagen GTI S (gas)
Cost after fees, tax, financing and incentives
Resale value (capped at purchase price)	$	$
Net depreciation (Cost after fees, tax and incentives - Resale value)	$	$
Yearly net depreciation	$	$
Monthly net depreciation	$	$
Per mile net depreciation	cents/mile	cents/mile

Resale Value

	Chevrolet Bolt EV 1LT 2023	Volkswagen GTI S (gas)
Miles driven
Build Price
Resale value (% of MSRP) Assuming negative exponential depreciation with distance Resale value is 60% after 36,000 miles
Resale value (capped at purchase price)	$	$

Solar may be an attractive option for homeowners. Many providers offer plans requiring little or no money up front for qualified customers. Some plans may even recoup the cost of your monthly payment through savings on your power bill.

See if there is a PlugStar Certified Dealer near you. These dealers are specially trained by Plug In America to serve EV customers.

Enroll now in the EV Support Program for access to our call center, staffed with EV experts you can trust to help you choose the best option for you and get the most out of driving electric! Your first call is free.

Step 1		Confirm that you have a place to charge your EV that is convenient, available and reliable. Most customers will charge overnight when power rates may be lowest.
Step 2		If you are responsible for paying your power bill, check with your local utility to see which rate plan is best for you. Some utilities offer rate discounts and other generous incentives for EV drivers. Add utility incentives here
Step 3		If you plan to charge at home, contact a qualified electrician to have your home’s power supply evaluated. We always recommend charging your EV on a dedicated circuit used only for this purpose. Most circuits are shared. This means that the lines that supply power to your EV may also carry power to other household appliances. This can trip the circuit breaker and interrupt power. Add link to electricians here
Step 4		Consider your charging equipment options. Your EV will come with a basic charger as standard equipment that plugs into a standard 110 volt household outlet. For EVs with 30 miles of all-electric range or less, this appliance is typically sufficient to charge your EV fully while you sleep. For anything more you might consider purchasing a 220 volt charger. This is called a “Level 2” charger and there are many options available on the market.” Some manufacturers offer preferred charging equipment. You are under no obligation to purchase the manufacturer’s preferred brand. Feel free to shop around at electronics stores or online retailers. You can also use the PlugStar charger finder to help you decide which is best for you based on the make and model of the EV(s) you are considering.
Step 5		Consider your options for charging while away from home. Online resources such as PlugShare or ChargeHub display charging stations in your local area and beyond. While some may be free to use, others are privately operated networks that require a subscription. This is typically true of “fast charge” stations that most all-electric EVs (not plug-in hybrids) can take advantage of. Take a look at what’s available where you travel most and decide whether you wish to enroll in any of these networks. Many supply a card that you swipe or wave in front of the charger to unlock it for use. You may also be able to use the network’s smartphone app to do the same. Add link to charging networks here
Step 6		Get a quote from your auto insurance company or shop around for quotes. Many insurers offer special discounts for EV buyers. Add links to insurance companies here
Step 7		Consider using an EV concierge service such as CurrentEV. Limit to LA Area
Step 8		Consider solar! With solar, you can charge your EV on sunshine. Not only does this reduce your environmental footprint it can also save you a lot of money. Many solar manufacturers and installers offer great deals and discounts for EV drivers. We encourage you to explore your solar options as you consider your next ride. Add solar companies with special EV programs and third-party solar shopping sites such as EnergySage and Pick My Solar

	Chevrolet Bolt EV 1LT 2023	Volkswagen GTI S (gas)
Cost of electricity (per kWh) in New Mexico	13.65 cents
Electric fuel efficiency (kWh/100 miles)	28.0
Cost per electric mile	3.82 cents
Cost of gasoline ($/gallon) in New Mexico		$3.28
Gasoline fuel efficiency (MPG)		28
Cost per gasoline mile		11.73 cents

Parameter	Value	Source
Average maintenance cost	6 cents/mile	ZappyRide analysis
Average MSRP	$37,000	NADA 2016 report
Maintenance cost scaling factor (how much maintenance cost increases if MSRP doubles)	20%	ZappyRide analysis
EV maintenance cost reduction (maintenance cost reduction for an EV of the same MSRP)	33%	ZappyRide analysis

	Chevrolet Bolt EV 1LT 2023	Volkswagen GTI S (gas)
MSRP	$27,495	$29,880
Maintenance cost per electric mile	3.79 cents
Maintenance cost per gasoline mile		5.77 cents

Parameter	Value	Source
Average monthly insurance cost in New Mexico	$100	Insure.com
Average MSRP	$37,000	NADA 2016 report
Insurance cost scaling factor (how much insurance cost increases if MSRP doubles)	20%	ZappyRide analysis

Chevrolet Bolt EV 1LT 2023

EPA-Rated All-Electric Range: 259 miles

Home Charging

Cost

Charging Incentives

Home Chargers

Charging On The Go

Local charging stations

Your Vehicle Cost: Cash Purchase*

Your Vehicle Cost: Loan Financing*

Your Vehicle Cost: Lease*

Estimate Of Your Incentives

Estimate Your Vehicle Incentives

Estimate Vehicle Incentives in Zip 87059

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Select Gas Car for Comparison

Net Depreciation (Cash Purchase) Net Depreciation (Loan Financing) Lease | Fuel | Maintenance | Insurance

Net Depreciation (Cash Purchase)

Resale Value

Net Depreciation (Loan Financing)

Resale Value

Total Cost of Lease

Fuel (Electricity and Gasoline)

Maintenance

Insurance

Auto Media Reviews

Video Reviews

U.S. Sales Statistics (All Model Years)

Historical U.S. Sales

	Chevrolet Bolt EV 1LT 2023	Volkswagen GTI S (gas)
Total Lease Cost	$	$
Yearly cost	$	$
Monthly cost	$	$
Per mile cost	cents/mile	cents/mile

Last 6 months	0 cars
Monthly average over last 6 months	0 cars/month
Last 12 months	0 cars
Total since January 2014	0 cars