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Estimated Bolt depreciation value?

Discussion in 'GM Hybrids and EVs' started by PA Prius, Jan 22, 2017.

  1. hill

    hill High Fiber Member

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    more accurately, the rebate 'fades away' - as the amount will diminish, then some more ... prior to POOF.
    The smallest model S battery, dual motor, fully loaded minus sound system will run you over $96K. Someone turned around and tried to return it the very next day. The offer from the dealer? $60k. You could get a nicely appointed Prime for the loss.
    .
     
  2. bisco

    bisco cookie crumbler

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    doesn't that go against what z said, or do all 100k cars depreciate 40% when you leave the lot?
     
  3. bisco

    bisco cookie crumbler

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    i'm guessing a bolt will depreciate 5k/year, so to calculate potential used purchase prices, subtract $7,500. plus local tax credits from msrp and start there.

    i do think i spike in gas prices would reduce the depreciation though.
     
  4. Zythryn

    Zythryn Senior Member

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    Hill is absolutely correct in that the rebates 'fade out'.

    But when you take out the rebates, the depreciation is about 25% for driving the car of the lot (and titling it).
    This does not seem all that unusual.

    Long term, luxury cars tend to loose about 50% in three years.
     
    bisco likes this.