Chevy is Offering Bolt EV Owners Up to $3,000 to Buy the New All-Electric Equinox

Peter Johnson for Electrek • April 2, 2024

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Written by Peter Johnson for Electrek

Gray SUV parked on a street in front of colorful storefronts

If you own (or lease) a 2017 Chevy Bolt EV model or newer, you could be eligible for up to $3,000 off the new fully electric Equinox. Chevy is offering big incentives as it looks to ramp up EV sales in 2024.

Chevy Bolt EV owners eligible to save on the Equinox EV

Chevy Bolt EV owners looking to upgrade can now score up to $3,000 to buy the all-new Equinox EV.

According to a new memo sent to dealers ( via CarsDirect ), if you own or lease a 2017 Chevy Bolt EV or EUV model, you could be part of its new incentive offer.

Through April 30, Chevy is offering up to a $3,000 discount if you lease or finance at a special rate through GM Finance. Although loyalty discounts are common, this is a significantly higher offer than most.

If you choose to buy the new Equinox EV but don't finance it, the deal takes $2,500 off the starting price.

Chevy already expects the Equinox EV to be one of the most affordable (if not the most) in its class. The electric SUV starts at just $34,995 with up to 319 miles range. That includes the $1,395 destination fee. With $3,000 off, the Chevy Equinox EV starting price could fall to as low as $31,995.

However, the automaker is currently only taking orders for the 2LT and 3LT trims. The entry-level 1LT is expected to roll out later this year.

The deal does not extend to the new Blazer EV, which just came off a stop-sale with lower prices starting just over $50,000.

Gray SUV parked on a residential street with colorful houses in the background

For now, Chevy's cheapest Equinox starts at $43,295. The Chevy Blazer EV starts at $50,195 after the recent $6,520 price cut.

Both the Chevy Equinox and Blazer EVs are eligible for the full $7,500 tax credit, promoting even lower prices. With the tax credit, the Equinox EV (2LT) starts at as low as $35,795. Chevy Blazer EV prices start at $42,695 with the tax credit included.

Chevy announced a more affordable Blazer EV LT FWD will debut later this year with prices starting under $50,000 (not including the tax credit). The Chevy Blazer EV 2LT AWD features up to 279 miles range.

In comparison, Tesla's Model Y starts at $44,990 with up to 260 miles range. With the tax credit, the starting price is as low as $37,490.

Gray SUV parked on a coastal road with ocean waves in the background

Meanwhile, Chevy is retiring its current Bolt EV as it prepares to launch a new Ultium based model next year. The Ultium Bolt EV will feature LFP batteries to drive costs down. With some models left, Bolt EVs are selling for under $20,000 with the tax credit included.

Are you ready to drive off in your new all electric Chevy at some of the lowest prices? We can help you get started shopping today. You can use our links below to find deals on Chevy's EVs at a dealer near you.

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