EV Comparison: Chevrolet Bolt vs. Volt

A growing number of our clients are asking for help comparing the various electric vehicles and plug-in hybrids on the market. In this post, we’ll take a look at Chevrolet’s all-electric Bolt and its plug-in hybrid Volt.

 Chevrolet Bolt vs. Volt

We’ve configured a sample vehicle for each car and then examined some of the key differentiating factors of each. Our sample models are based on popular configurations among Cartelligent clients.

  • 2017 Chevrolet Bolt: Our example Chevrolet Bolt LT is configured with heated seats and blind spot monitoring at an MSRP of $39,395.
  • 2017 Chevrolet Volt: Our sample Volt is the LT with heated seats and steering wheel. MSRP as configured is $35,100.
Vehicle Comparison

We’ll look at the features of each vehicle side-by-side.

Bolt Volt
Model Type 2017 Chevrolet Bolt LT 2017 Chevrolet Volt LT
MSRP $39,395 $35,100
Engine and Fuel Economy
Bolt Volt
Horsepower 200 149
Electric-Only MPGe 128 106
City/Hwy MPG n/a 42
  Charging and Range
Bolt Volt
Electric-only range 238 miles 53 miles
Charge time 9.5 hours (with 240V Charger) 4.5 hours (with 240V Charger)
California HOV Lane Access Yes (with sticker) Yes (with sticker)
Bolt Volt
Seating 5 5
Cargo volume (behind seats) 16.9 ft3 10.6 ft3

The all-electric Bolt has a fantastic range of 238 miles while the Volt has a more limited range in electric-only mode, but gives you the flexibility to drive another 370 miles in gas mode.

Cost to purchase: Chevrolet Bolt vs. Volt

First, we’ll examine the cost of each when purchased. All payments represent pricing based on market conditions at the time of writing.

Bolt Volt
MSRP $39,395 $35,100
Down payment $2,500 $2,500
Monthly payment (inc. tax) $695 $605
Total of payments over five years $43,505 $38,195
Federal Rebates (income tax credits) up to $7,500 up to $7,500
California State Rebates (with qualifying income) up to $4,000 up to $3,000

Before rebates, the Bolt costs about $5,300 more than the Volt over the course of the loan. Purchasers of either vehicle can apply for Federal income tax credits of up to $7,500. California residents may also be eligible to apply for additional state rebates (depending on their income level). See Further changes to California plug-in and electric vehicle rebates.

Cost to lease: Chevrolet Bolt vs. Volt

Next, we’ll compare the three vehicles on a three-year, 12,000 mile/year lease.

Bolt Volt
MSRP $39,395 $35,100
Down payment $2,500 $2,500
Monthly payment (inc. tax) $300 $215
Lease disposition fee $350 $350
Total of payments over three years $13,350 $10,375
Federal Rebates (income tax credits) up to $7,500 up to $7,500
California State Rebates (with qualifying income) up to $4,000 up to $3,000

The Volt saves around $3,000 (before rebates) over the course of the lease. Both vehicles qualify for the same Federal rebates as above, qualifying Californians will need to file separately for the State rebates.

Which to buy: Chevrolet Bolt or Volt

Both vehicles can be fantastic options depending on your personal circumstances. Your Cartelligent agent can talk you through the pros and cons of each vehicle (as well as any other brands) to help you make an educated decision.

Whether you want a new electric vehicle or any other new car, Cartelligent can help you get a great deal on exactly what you want. Call our team of car-buying experts at 888-427-4270 or get started today.