Slow-selling Chevrolet Bolt EV now available with huge incentives

The Chevrolet Bolt EV is now available with price reductions and discounts worth up to $6,997 on the battery-powered subcompact SUV.

The available federal tax credit on the Bolt and all of General Motors’ plug-in cars was cut in half from $7,500 to $3,500 on April 1, after the automaker crossed the program’s threshold of 200,000 plug-in cars sold.

At the time, the automaker said it wouldn't be adjusting the sticker price of the vehicles to offset the change, but would be using incentives to "remain competitive."

The $6,997 deal is on a top of the line loaded Bolt EV Premier with a sticker price of $43,735 and is advertised as a combination of $5,573 cash back and a $1,424 price reduction below MSRP.

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