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2023 Chevrolet Bolt EV

2023 Chevrolet Bolt EV

Hatchback
FWD
Electricity
Horsepower
MPG Combined
120 mpg
MSRP
Torque
Reliability Score
92/ 100Excellent
Based on 68 NHTSA complaints

Should You Buy a 2023 Chevrolet Bolt EV?

The 2023 Chevrolet Bolt EV is a compact hatchback that offers an impressive electric driving experience with a robust 200 horsepower and 266 lb-ft of torque. With a starting MSRP of $29,700, it provides an affordable entry point into the electric vehicle market. Designed for five passengers, the Bolt EV combines practicality with efficiency, making it an ideal choice for urban commuters and environmentally conscious drivers. While the exact MPG combined is not available, the electric nature of the vehicle ensures lower running costs compared to traditional gasoline-powered cars.

However, potential buyers should be aware of some concerns reflected in NHTSA complaint data. With a total of 68 complaints, notable issues include 15 crash incidents and 3 fire incidents, primarily related to the electrical system and steering components. Despite these issues, the Bolt EV boasts a solid reliability score of 92.2/100, indicating that it remains a dependable option within its segment.

Ideal For

The Chevrolet Bolt EV is best suited for urban dwellers and eco-conscious individuals seeking an affordable and efficient electric vehicle for daily commuting.

Strengths

  • +Affordable entry point into the electric vehicle market
  • +Impressive torque delivery for responsive acceleration
  • +Spacious interior with seating for five
  • +High reliability score of 92.2/100
  • +Low running costs due to electric powertrain

Weaknesses

  • -Notable complaints regarding electrical system and steering
  • -Limited brand perception compared to luxury EV competitors
  • -Potential range anxiety for long-distance travel
  • -Unknown MPG combined may deter some buyers
  • -Some users report issues with exterior lighting

Known Issues (NHTSA Data)

The Chevrolet Bolt EV has received a total of 68 complaints to date, with significant concerns regarding the electrical system and steering. While there have been 15 crash incidents and 3 fire incidents reported, there have been no fatalities associated with these complaints. Despite these issues, the vehicle maintains a strong reliability score, suggesting that while there are some concerns, the overall performance and dependability of the Bolt EV are commendable.

Top Complaint Areas
ELECTRICAL SYSTEM16% of complaints
STEERING13% of complaints
UNKNOWN OR OTHER10% of complaints
EXTERIOR LIGHTING9% of complaints
FUEL/PROPULSION SYSTEM9% of complaints

Performance

Horsepower
Torque
Engine
Cylinders
Transmission
Automatic (A1)
Drive Type
FWD

Efficiency

MPG Combined
120
Fuel Type
Electricity

Dimensions

Length
163.4 in
Width
69.7 in
Height
63.4 in
Wheelbase
102.4 in
Curb Weight
3,589 lbs
Ground Clearance

Capacity

Doors
4
Seating
Cargo
Max Cargo
Max Towing
Max Payload

ddpc Estimated Value

$19,255
$16,367 – $22,144
Depreciation Over Time
New
3yr
5yr
ddpc Estimate based on original MSRP, standard depreciation curves, vehicle class, and NHTSA reliability data. Not a substitute for professional appraisal. Actual value depends on condition, mileage, location, and market conditions.

Estimated Cost of Ownership

Estimated Annual Cost
$3,109
Per Mile
$0.26
5-Year Total
$25,990
Fuel
$600/yr
Maintenance
$600/yr
Insurance
$1,909/yr
Depreciation
$2,089/yr
Based on industry-standard estimates for this vehicle class. Fuel cost assumes 12,000 mi/yr at national average gas prices. Maintenance uses class-based intervals, not manufacturer-specific schedules. Actual costs vary by location, driving habits, and vehicle condition.

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