Chevrolet Bolt EV Depreciation

A Chevrolet Bolt EV will depreciate 57% after 5 years and have a 5 year resale value of $17,569.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year, and assumes a purchase price of $41,212 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Chevrolet Bolt EV Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $13,114 68.18% $28,098 13,500 2021
2 $15,154 63.23% $26,058 27,000 2022
3 $16,600 59.72% $24,612 40,500 2023
4 $20,280 50.79% $20,932 54,000 2024
5 $23,643 42.63% $17,569 67,500 2025
6 $26,071 36.74% $15,141 81,000 2026
7 $28,189 31.60% $13,023 94,500 2027
8 $29,706 27.92% $11,506 108,000 2028
9 $30,353 26.35% $10,859 121,500 2029
10 $32,595 20.91% $8,617 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $13,114 68.18% $28,098
2 $15,154 63.23% $26,058
3 $16,600 59.72% $24,612
4 $20,280 50.79% $20,932
5 $23,643 42.63% $17,569
6 $26,071 36.74% $15,141
7 $28,189 31.60% $13,023
8 $29,706 27.92% $11,506
9 $30,353 26.35% $10,859
10 $32,595 20.91% $8,617

Chevrolet Bolt EV Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Bolt EV that is 2 years old, then you could save $15,154 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 $8,489. 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.

Our Favorite Chevrolet Bolt EV Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.