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Best EV Dealers for Bolt EV/EUV, EV6, Ioniq 5, more

Best EV Dealers for Bolt EV/EUV, EV6, Ioniq 5, more

according to KBB, the average transaction price for a new electric vehicle rose 1.8% in March, compared to a year-over-year increase of 17%. Hopefully that surge will be reversed with an expected increase in supply, thanks to Chevrolet resuming Bolt production and a number of affordable EV models arriving in dealerships between now and the end of the year. However, if you have an electric ICE or short-haul motorcycle and want to take advantage of the increased resale value sooner? used car prices continue to fallhere are some of the available options to consider.

As always, check out our Electric Vehicle Pricing Guide and Electric Vehicle Leasing Guide for US electric vehicle prices and offers.

Chevrolet Bolt EV and EUV

Chevy restarted production of the Bolt EV and EUV a few weeks ago and now offers some of the best electric vehicle lease terms available. Consumers living in the Southwestern United States, specifically California, Arizona, Nevada, and Utah, get the best deal at $199/month for 36 months, $2519 when signing a Bolt EV, which works at an effective cost of $263 /month before tax and license. The larger Bolt EUV is offered with slightly higher monthly and initial costs averaging $285/month.

Consumers in the northeastern region of the country are offered less attractive terms resulting in an effective cost of $342/month for the Bolt EV and $334/month for the Bolt EUV. Note that these rental terms are listed for repeat renters; others will have to pay $750 more upfront. Either way, Chevy’s leases on the Bolt range have the cheapest terms in the nation for an EV that can go over 200 miles on a single charge.

As for prices, most Chevy dealers we checked this month list their Bolt stock at MSRP or slightly higher — for now. Several quick searches on various new car pricing websites indicate that the market price for the Bolt range can range from a $701 markup to a $897 discount off the suggested retail price. Look for deals on a Chevrolet Bolt EV or Bolt EUV in your area.

2022 Chevrolet Bolt EV Key Stats: MSRP $32,495 (1LT). 5-passenger, 4-door crossover. Range: 259 miles. Cargo space: 16.6 cubic feet; 57 cu ft with rear seats folded. 0-60mph: 6.5s.

2022 Chevrolet Bolt EUV Key Stats: MSRP $34,495 (LT). 5-passenger, 4-door crossover. Range: 247 miles. Cargo space: 16.3 cubic feet; 56.9 cu ft with rear seats folded. 0-60mph: 6.7s.

Kia EV6

Kia’s highly anticipated EV6 arrived at dealers across the country in February. Offered in three trim levels, two powertrain configurations and two battery capacities, MSRP starts at $42,115 for a rear-wheel drive EV6 Light with a 58 kWh battery that offers a range of 232 miles, and comes in at $55,900 for the all-wheel drive EV6 GT. Line with a 77.4 kWh battery that provides a range of 474 miles. Buyers who need more range can get up to 310 miles by choosing a rear-wheel drive EV6 equipped with the 77.4 kWh battery that has a suggested retail price of $48,255 in Wind. The EV6 is eligible for the $7,500 federal EV tax credit.

Kia Super Bowl

Kia does not currently advertise unconditional cashback offers for the EV6 on their website. However, their build-and-price tool does estimate the lease terms with a $1000 lease incentive.

For the EV6 Wind RWD, the pricing tool estimates a payment of $648 per month over a three-year lease with a $2,000 down payment, for an effective monthly cost of $722/month. Oddly enough, the estimate for an EV6 Light RWD is only $7 cheaper to lease, despite the $6100 price advantage. And, interestingly, the lease estimate for the GT-Line AWD comes in at an effective cost of $862/month, which is remarkably close to the effective lease cost on a Tesla Model Y.

The market price of the EV6 has risen steadily since its introduction. When we first started tracking the EV6 in February, the fair market value of car pricing websites averaged 4.5% above MSRP at the initial increase in available inventory. The average climbed to 5.8% above the recommended retail price in March, as that stock was picked up by enthusiastic consumers. This month, the average surcharge is 7.1%, likely due to ongoing supply constraints for all EVs, exacerbated by increased demand due to record high gas prices. Currently, the EV6 Wind trim level seems to be the most popular configuration in stock and on the way to dealers, currently claiming an average markup of $4,718.

Kia or Framingham in Massachusetts, Kia from Carson in the Los Angeles area, and Russ Darrow Kia in Wisconsin are three dealers we found during our monthly electric vehicle pricing survey that listed their EV6 inventory at MSRP. Check availability and prices of Kia EV6 in your area.

2022 Kia EV6 key stats: MSRP from $42,115 (Light RWD) to $55,900 (GT-Line AWD). 5-passenger, 4-door crossover. Range: 232 mi (Light RWD SR), 310 mi (Wind RWD LR), 274 mi (AWD LR). Cargo space: 24.4 cu ft; 50.2 cu ft with rear seats folded. 0-60 mph: 8 s (RWD SR), 7.4 s (RWD LR), 5.1 s (AWD).

Hyundai Ioniq 5

Hyundai’s Ioniq 5 started showing up at dealers about a month before its platform brother, the Kia EV6. And like the EV6, the market price of the Ioniq 5 has since risen, now averaging 6% above its suggested retail price, based on data gathered from various new car pricing websites. Right now, the most available configuration appears to be the base SE four-wheel drive trim level, which currently fetch an average price increase of $2602—significantly perhaps, but noticeably less than the five-digit “market adjustment” many dealers publish on their websites.

An avid Ioniq 5 buyer I met at a local EVgo charging station, a former Subaru WRX STi owner, said he ventured out of our valley for just 20 minutes and sealed the deal on his all-wheel-drive SE for just $ 1200 over MSRP – a far cry from the $10K markup our local dealer was asking for. A recent check on this neck of the woods shows that: Mission Hills Hyundai in the Los Angeles area has their entire EV6 stock at a markup of $1495. Better yet, there are more than a handful of dealers across the country listing their Ioniq 5 shares at MSRP. Most of these dealers have the “Hyundai Shopper Assurance” logo on their website, which indicates that the price they advertise on their website is the price you pay.

Ioniq 5 prizes

A $500 discount on the Ioniq 5 is available to buyers who finance through Hyundai. There are currently no factory lease offers available. Hyundai electric vehicles are eligible for the $7,500 federal EV tax credit. Find the best Hyundai Ioniq 5 prices near you.

2022 Hyundai Ioniq 5 key stats: MSRP from $39,700 (SE RWD) to $55,745 (limited AWD). 5-passenger, 4-door crossover. Range: 220 mi (RWD SR), 303 mi (RWD LR), 256 mi (AWD LR). Cargo space: 27.2 cu ft; 59.3 cu ft with rear seats folded. 0-60mph: 7.4s (RWD LR), 5.2s (AWD).

Quick Tasks

Ford Mustang Mach-E: Both the Ford website and at least one classified car website indicate that there are hundreds, if not thousands, of Mach-Es available across the country. However, if you go to the websites of individual dealers, it turns out that almost all of these vehicles are on the way or on order. True availability remains very low, allowing dealers to command an average premium of about $2800 over MSRP based on data collected from vehicle pricing websites. There is a wide variation in the data ranging from 1% discounts to surcharges north of 20% – looking around and taking the time to negotiate should pay off well. Check the availability of Ford Mustang Mach-E in your area

VW ID.4: Rural stock is very thin, maybe just a handful of 2021 models in major metropolitan areas that we checked. A particular dealership may have one or two in stock, but what they have is usually marked as “Pending Sale” or “Deal Demo – Not For Sale”. Of production reportedly curtailed by supply chain problems caused by Russian invasion of Ukraine, 2022 models are yet to appear in the United States. The good news is that if you manage to find one for sale, VW dealers won’t blatantly get in the way of their customers and sell what they have for an average price of just under $500. Find an ID.4 at a dealer near you

Nissan BLADE: Obsessed with paying less than MSRP? Well, based on data collected from car pricing websites, a 2022 LEAF costs an average of $167 below the MSRP. But there aren’t many to be had – Nissan may be focusing its resources on the production of the Ariya. Negotiations are still critical as data shows wide variation in prices paid, especially in the San Francisco/San Jose area. Search for Nissan LEAF deals at a local dealer

As always, check out our Electric Vehicle Pricing Guide and Electric Vehicle Leasing Guide for US electric vehicle prices and offers.

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