The law that gave Bolts the tax credit back also changes the tax credit into a point of sale rebate starting in January. Instead of waiting for tax time to maybe get a tax credit, you can give your tax credit to the dealer instead, and they can in turn take the $7,500 right off the price of the Bolt. For states with no other incentives, this puts the price at or a little below $20,000.

But, if you live in a state with more EV incentives, you could knock the price of these brand new EVs even further below the $20,000 mark. Some buyers will be able to get the price of their Bolt down below $15,000. That’s an absolute steal, isn’t it?