Bolt EUV vs Model Y: What do they cost?
The Bolt EUV with the current price cut starts at an attractive $28,195 (including destination). Chevrolet rolled out a major discount this year and the result is an amazing value. Some models are more expensive, but the top-tier Premier Edition we tested still costs over $43,000.
The Model Y is more expensive, and its price has only increased this year. Tesla raised the starting price by about $14,000, so even the cheapest Model Y will set you back about $70,000 today.
The good news is that both vehicles will soon be eligible for the federal EV tax credit. Chevrolet and Tesla buyers can apply for thousands in tax credits for a new vehicle, based on new legislation that will take effect in 2023. Just be careful: the purchase price must be less than $80,000 so order the new Model Y carefully. Click here to read our comprehensive guide to the Inflation Reduction Act and its regulations.