2023 Chevy Bolt Tax Credit
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2023 Chevy Bolt Tax Credit
Nobody knows better than GM if the 2023 Chevy Bolt will qualify for the full 7500 tax credit based on the current text of the IRA. Department of Energy it grants up to 7500 in nonrefundable tax credits to the first 200000 buyers of eligible EVs per automaker. The bill also includes millions of dollars in funding.
The 2023 Bolt EUV will start at 28195 down from last years starting price of. The Act includes a 7500 Tax Credit for EVs form Chevy. Will 2023 Bolts qualify for the full 7500 tax credit under new guidelines imposed by the Inflation Reduction Act.
The 2023 Bolt EV will start at 26595 down from the 2022 starting price of 32495.
Thats a big reduction. The law which takes effect immediately ends credits for about 70 of the 72 models that were previously eligible according to the Alliance for Automotive Innovation. Will 2023 Bolts qualify for the full 7500 tax credit under new guidelines imposed by the Inflation Reduction Act. The Chevrolet Bolt and Bolt EUV are the most affordable options starting at just 26595 and 28195 respectively for the 2023 model year.
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