Chevrolet Bolt EV Depreciation

A Chevrolet Bolt EV will depreciate 46% after 5 years and have a 5 year resale value of $22,531.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $41,748 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Bolt EV.

Chevrolet Bolt EV Depreciation Calculator

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Chevrolet Bolt EV Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $10,450 74.97% $31,298 12,000 2022
2 $14,077 66.28% $27,671 24,000 2023
3 $15,138 63.74% $26,610 36,000 2024
4 $15,768 62.23% $25,980 48,000 2025
5 $19,217 53.97% $22,531 60,000 2026
6 $23,483 43.75% $18,265 72,000 2027
7 $26,677 36.10% $15,071 84,000 2028
8 $28,063 32.78% $13,685 96,000 2029
9 $31,891 23.61% $9,857 108,000 2030
10 $31,933 23.51% $9,815 120,000 2031

Chevrolet Bolt EV Depreciation

Years Old Depreciation Residual Value Resale Value
1 $10,450 74.97% $31,298
2 $14,077 66.28% $27,671
3 $15,138 63.74% $26,610
4 $15,768 62.23% $25,980
5 $19,217 53.97% $22,531
6 $23,483 43.75% $18,265
7 $26,677 36.10% $15,071
8 $28,063 32.78% $13,685
9 $31,891 23.61% $9,857
10 $31,933 23.51% $9,815

Buying a Chevrolet Bolt EV New vs Used

If you purchase a used Chevrolet Bolt EV that is 2 years old, then you could save $14,077 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $5,140. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Bolt EV models become available.

Chevrolet Bolt EV Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Bolt EV ranks for Depreciation compared to other vehicles. Also check out how the Bolt EV stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Chevrolet Bolt EV Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Bolt EV costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: