A Costco Membership Will Save You $3,000 on 2021 Chevy Bolt

Jane Lu
· 3 min read
Electric vehicles (EVs) are getting more popular, and there's plenty of good reasons to buy one. It saves you money on gas, it's better on the planet, and it can get you some
major discounts
However, Chevy has recently cut back on many incentives for the 2022 Chevy Bolt. Thankfully,
has reported that Chevy has decided to team up with Costco to offer new discounts. Here’s more details about the savings and whether it’s worth looking into.
Car incentives and rebates are being eliminated by major automakers | Twenty20

Chevy and Costco are teaming up

Chevy is offering a $3,000 Costco discount for consumers who plan to buy or lease a 2021 Chevy Bolt. It's the same deal that ended on April 30, so if you missed it, now is the time to take advantage of it. This deal can be transferred to people in the same household.
If you were a Costco member as of May 31, you’re eligible for the discount; the offer will end on August 2. Unfortunately, consumers who don’t live near a Costco or don’t have a membership won’t benefit from this incentive.
Let Jerry find your price in only 45 seconds
No spam · No long forms · No fees
Find insurance savings

Other Chevy models will be getting a discount

MORE: 2022 Chevy Bolt EV and EUV Reporting For Parking Enforcement Duty
Since the last deal, this offer now includes the 2022 Bolt EV and Bolt EUV crossover. But, these vehicles are only eligible for a $1,000 discount. Chevy won’t be offering rebates on the 2022 Bolts, so it’s working looking into the Costco offer.
Whether you want to buy or lease is up to you, but given the high cost of leasing a 2022 Bolt, you might be better off buying it outright. Since there aren’t rebates available for the new Bolts, it won’t make much of a difference if you buy instead of lease.

Chevy has cut most other incentives and rebates

Many automakers are still recovering from the effects of the pandemic, especially due to supply shortages. That’s one of the reasons why manufacturers have cut incentives and discounts on their vehicles. Ford has also eliminated the majority of their rebates and cash bonuses, but is offering a $1,000 discount for out-of-stock vehicles.
The MSRP and the invoice for 2022 Bolts are virtually the same price now, which means you don't have much negotiation room. The new Bolt or Bolt EUV will be considerably more expensive than the current model.
The current hatchback has better incentives according to CarsDirect. If you’re eligible for any of the Costco discounts, it's a good idea to take advantage of them. Either way, you should make sure you know what the total price will be for a new vehicle, and if it still fits in your budget.
Car insurance on an EV can be expensive, but
can help. The free app compares rates from 45 top insurance companies to make sure you’re getting the best price. All you need to do is take 45 seconds to sign up, and Jerry will take care of the rest.

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
Find insurance savings