Chevrolet Bolts Arrive En Masse In Portland, Oregon

4 months ago by Eric Loveday 79

Chvey Bolts In Portland - Image Via WRVoltec

Chevy Bolts In Portland – Image Via WRVoltec

After selling 579 Chevrolet Bolts in just a few days in December (presumably all in California), the Bolt is branching out to state #2 with truck loads now arriving in Oregon.

Via Twitter, WRVoltec posted:

“A shipment of Chevy Bolt s arrive at a dealership in Portland OR

Indeed they have arrived…

A quick scan of dealerships in the area confirms that Bolts are either on the lots or in transit right now. The screen cap below is from Wentworth Chevrolet in Portland, Oregon. The dealership appears to have 2 Bolts on site and another 25 listed as “in transit.”

Chevy Bolt Listings In Portland, Oregon

Chevy Bolt Listings In Portland, Oregon

With the first two markets now online for Bolt sales, we think that January will be a breakout month for the Bolt. How high will sales go? We’ll find out in just a few short weeks.

Hat tip to WRVoltec!

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80 responses to "Chevrolet Bolts Arrive En Masse In Portland, Oregon"

  1. David Murray says:

    I think the Bolt and Prius Prime will be the only vehicles to show improving sales figures for January since both vehicles are still trying to fulfill the initial rush of buyers that have been waiting on them.

    1. Ray Cardona says:

      Please consider the Volt and Tesla. These are also showing plus sales. Cheers.

      1. David Murray says:

        Yes, but the Volt always has a reduction in sales for January. Tesla, I’m not sure about, but probably as well.

        1. Bonaire says:

          US sales for both GM Volt and Tesla in the USA will be down sharply in January – as usual. See the chart above on the monthly sales scorecard.

          1. fasterthanonecanimagine says:

            You are right, but in January 2016 Tesla had serious production problems with the X. So I would still expect some higher Tesla sales in the U.S.A. as compared to January 2016.

            If Bolt and Prius together sell some 5’000 units, we might see an 100%+ increase in EV sales over January 2016

          2. ClarksonCote says:

            I’m cautiously optimistic that Volt will see year-over-year sales in January improve, thanks to interest in the Bolt EV and cross-shopping.

            To me the only wildcard is how much of a Trump-effect, if any, we’ll see on 2017 sales. For example, if people are worried the credit will be repealed for 2017.

            Seems more likely that Trump will just let the credit sunset when the first manufacturer reaches 200,000 vehicles though.

            1. vdiv says:

              The Volt also still has the benefit of being sold in more states than the Bolt EV, of having a lower starting price point, and of course being a somewhat “conventional” vehicle with dual fuel capability. Of the people who trade in their Leaf it will be interesting to see what proportion goes for a Bolt EV vs. a Volt.

      2. vik says:

        EV sales fall because if you buy an EV in January you have to wait a full year to take any tax credits, the only people jumping on EVs right now tend to be those that are really excited for a new product like the Bolt

        1. DJ says:

          OOC why exactly does that matter? You’re gonna get it sooner or later.

          Not to mention a lot of people lease EVs so you get the immediate benefit…

          1. Pushmi-Pullyu says:

            I’m not sure that we are required to explain why people who are motivated to buy an EV to take advantage of the tax refund, are far more likely to do so in December than in January.

            I think it’s sufficient to note that it’s quite clear that this is what happens.

            1. Marcus says:

              I was planing on getting a Bolt for a tax credit for 2016 but since shipments were delayed I rearranged my income to weight more to 2017. Trying hard to get a Bolt now. They are hard to get!

        2. ClarksonCote says:

          True, but you can also change your deductions/withholdings to get paid that $7500 on a monthly basis (decrease withholdings by ~$625 per month), and owe $0 at the end of the year instead of getting a $7500 refund.

          Most people don’t seem to consider this option though.

          1. leafowner says:

            Excellent Strategy!

    2. gary says:

      Car and Driver did a road test comparo of the Volt and the Prius Prime this month.

      They suggest you don’t drive a Volt after you sign the papers for a Prius Prime or you will suffer extreme regrets. The Volt was better in every category when compared to the Prius Prime, including the obvious looks.

      I find it hard to believe the ugly Prius Prime will outsell a Volt in any month.

      1. John M says:

        Did they compare the price as well?

        1. gary says:

          Yes.

          and said you should spend the extra bucks and buy a Volt.

          the Prius Prime is way too ugly and slow. it lost to the Volt in virtually every category.

          1. Trollnonymous says:

            You forget the ever important “Price” category.

          2. leafowner says:

            and the “TOYOTA” name…..

  2. Anthony says:

    A Bolt Premier for 44K, I assume those are highly optioned, and not dealer price gouging?

    1. Kdawg says:

      It says “MSRP”.

    2. Viking79 says:

      I think the point of slow flow release is to prevent price gouging. I think most have been MSRP or less. When each dealer is getting 30-100 cars they can’t overprice them. A 50 state release would mean only 2 or so cars per state per day, vs maybe 500 cars per week to one state.

      1. Derek kerton says:

        “I think the point of slow flow release is to prevent price gouging. I think most have been MSRP or less. When each dealer is getting 30-100 cars they can’t overprice them.”

        Am I correct to interpret your argument as: “Low Supply keeps prices down.”

        This is not consistent with my economics education, nor market evidence, nor common sense.

        1. bro1999 says:

          No, it means “lots of cars (relative) in a couple of states” is better than “a decent number of cars in 1-2 states, and 1-2 cars in the remaining states”.

          Those dealers in states that only get literally 1-2 Bolts would be free to price gouge to the moon.

        2. Pushmi-Pullyu says:

          Viking79’s comments were rather confusing, but I think what he meant is that if a dealer gets 30 cars of the same model all in one shipment, they’re far less likely to tack on surcharges than if they only get a handful.

          The problem with his argument is that none of the reports about dealers taking delivery of Volts have suggested that any of them are getting 30 at once, nor I think even half that many.

          No, it seems much more likely that GM (or Chevrolet) laid down the law to their dealers and told them they would not be permitted to tack on surcharges above list price for the car.

          There are some things which we can thank GM for, and that appears to be one of them.

  3. Bonaire says:

    To me, $43k MSRP for premier is still a bit out of reach for most buyers.

    1. theflew says:

      Maybe the buyers should be looking at the base model and not a fully loaded premier. I would save about $6k.

    2. unlucky says:

      All those prices are a bit too high to not have any dealer options. A fully loaded premier with:

      Premier
      Extra cost color
      DCFC
      Infotainment package
      Driver Confidence II package

      Is $43,905. The top one is that price but it isn’t an extra cost color. So it probably has $395 in dealer-installed accessories.

      The same may be true for the others.

    3. Terawatt says:

      It’s $35,500 after federal incentives, and in CA would be $33k after state incentives. What ICE could you get for $33k with similar utility and performance?

      Then consider low running costs and maintenance, and I think you’ll find this isn’t actually an expensive car. It’s a big payment, but financing is cheap and readily available.

      Of course any new car is a bad investment, but pick up one of these in three years and it will be a steal!

      And though I think EV depreciation will continue to be steep for many years due to the rapidly improving products and falling prices, I don’t think ICE will fare any better. Possibly much worse, as by 2020 we may already be at a point where a fossil burner has become as unattractive as it is to you and me for a lot of potential buyers.

      I don’t know how anyone dares to buy new diesels days. But maybe I’m way too optimistic (in thinking diesel is dead); Mercedes-Benz is spending three billion developing a new diesel engine, presumably not an investment with a one year downpayment.

      1. Β―\_(ツ)_/Β― sven says:

        Terawatt said:
        “Of course any new car is a bad investment, but pick up one of these in three years and it will be a steal!”

        I saw a steal of a deal the other day. If anyone in California is looking for a Smart EV as 2nd or 3rd car, there is a new 2014 (mistakenly listed as used) at a Torrance, California Mercedes dealer for only $12,621. The listing on cars.com says the car has not been registered and qualifies for the $7,500 Federal Tax Credit and $2,500 California State Rebate, which would bring the price down to $2,621. If you qualify as “moderate income” in California (see link below) and still qualify to get the full Federal Tax Credit, then you get an additional $2,000 state rebate bringing the cost of the Smart down to $621 after credits and rebates.

        I believe the battery warranty starts when the car is first sold, but be aware that Smart does not offer any percentage capacity guarantee. And I think you get only 2 California state rebates per person, making it 4 if you’re married and register 2 per spouse. Use them wisely. πŸ˜‰

        https://www.cars.com/vehicledetail/detail/686730843/overview/

        https://cleanvehiclerebate.org/eng/income-eligibility

        1. Malevolence says:

          Sven – Unfortunately, according to the CarFax the car was registered to Mercedes Benz Financial Services who would have taken the credit (that’s how all of the lease deals are done with the manufacturer’s credit arm taking the federal tax credit and then offering a lower lease rate). They did put a huge 10 miles on the car after all! I assume they’ve just failed to ever lease that particular car.

          You got me excited there for a minute. I thought maybe I could get a local dealer to arrange a trade at $12,500 and have the car shipped to Colorado. Then I could have gotten it for free (excluding the ~$1k in sales tax on that $12.5k and a few hundred in registration fees)! πŸ™‚

          For other Coloradan’s information, the state changed the rebate structure for 2017 on new cars to a flat $5k on top of the $7.5k federal (and dropped the rebate on all used cars which I personally took advantage of in 2015), so you can get $12.5k off of any new EV, but nothing for used ones. That’s down from last year’s $6k off a new EV, but it’s on the hood, unlike before when you had to have $6k in state tax liability that year to get all the money, which isn’t a given for a lot of people. If the federal credit was available, I’d have been very tempted to buy it just for the batteries. 17.4kWh of basically unused batteries for less than $1500 after taxes and registration would be a heck of a deal!

      2. pjwood1 says:

        T- I think you forgot to mention gas prices heading upward. The 2% OPEC/Non-OPEC cut is expected to bring us up a good 50+ cents/gallon.

        My Diesology – It wasn’t more than VW, and the whole issue basically came down to proper urea (aka SCR, aka “pea tanks”). Others, if suspect, weren’t off by the “40X” the scofflaws were. Equinox diesel will be an “in your face” success. I think a lot of rural folks are anticipating small displacement diesels for good reason. GM will deliver, despite Volkswagen. [Man, are we (deliberately) missing some news, there. Oliver Schimidt in hand cuffs. 4.3bb fed settlement, and VW’s “guilty” plea.]

        I still bite my tongue, talking about Teslas in winter.

    4. Taser54 says:

      They can buy used in a couple years.

    5. Dave86 says:

      $43K – they’re probably trying to take advantage of the early adapters. At $145/KWHr (or whatever GM is paying for the cells), one might think the price can come down.

      1. unlucky says:

        It’s already lower in Canada than in the US.

        There is a lot of reason to think the price can come down as the rebate goes away.

  4. Dave86 says:

    Wentworth Chevy in Portland had about 60 to 70 Chevy Spark EVs last summer, and moved all of them within 3 months.

    When I saw the title for this article, “Chevrolet Bolts Arrive En Masse In Portland, Oregon”, I figured immediately it had to be Wentworth.

  5. Big Solar says:

    and who is this “Dark Galvanized Gary” fellow?

  6. unlucky says:

    Calling this the “2nd market” is kind of bizarre. Los Angeles, San Diego and San Francisco comprise one market?

    1. Terawatt says:

      It’s called “California”.

      1. unlucky says:

        You mean that one market which is 10% of the country and adding Portland to only increases in size by 2%?

        Lumping those 3 cities in together as one market makes no sense. San Diegans twice as far San Francisco as New York is from Boston.

        1. Yogurt says:

          For incentives, taxation and regulation purposes it is ceritanly one market…

        2. Gasbag says:

          California is more like 12+% by population, 11% of US new car purchases but 47% by plugin purchases. If you’ve got CA covered you’ve got almost half of the US buying market covered. Add Oregon, Colorado, and Washington and you’ve covered the only regions that actually buy.

  7. ffbj says:

    It’s a veritable stampede, but it’s not shaking the buildings and hardly anyone notices, you see they are silent.

    A bevy of Bolts has arrived and if demand is there, which it apparently is for a reasonably priced long range ev, which Tesla already demonstrated last Spring, then GM will ramp up production to meet demand.

    Arrival en masse? If you want one you should go to mass and pray for one, cause chances are, unless you live in a CARB state you are not getting one, this year.

    1. WadeTyhon says:

      Lol I live in a non-carb state. 3 dealerships in my area are have waiting lists with over 50 people on them.

      The biggest Dallas area dealership has already started receiving selling/promotional materials from Chevy for the car.

      You will be pleasantly surprised unless you live in a thinly populated area. Major markets should have the cars well before the end of summer.

    2. Texas FFE says:

      Chevrolet is kicking out 100 plus Bolts a day and I don’t think Chevrolet is going to slow down production any time soon. As soon as inventory gets built up in the initial states we should see roll out to other states. Some dealers are already showing inventory so it may be only a few weeks before other states start getting Bolts.

      1. ffbj says:

        I do like their stock though, the long suffering holders of it are finally getting some recompense for holding it, as it lay comatose there like a drunken sod on the sidewalk for years. Finally it is beginning to stir.
        Yeah sure numbers. You say this someone else says something else. What I say is they will do around 20k production this year, regardless of demand, which apriori is much greater. GM is very coy

        1. ffbj says:

          Something for the Bolt Boys:

  8. Trollnonymous says:

    OK, so a stealership received the LG Bolts, that’s nice…

    But I’m pretty sure most of use would like to see the picture of the sticker price of the Bolt at that stealership.

    SHOW US THE STICKER PRICE!

  9. Richard C says:

    I have been monitoring the Wentworth Chevy website for the last 3 weeks, and it has shown a few Bolt’s as on their lot and many others “in transit” for all that time. At no time have they had Bolt’s in stock, even to just look at.
    Bolt’s may indeed be arriving now, but the information on the website is not an indicator of it.

    1. Richard C says:

      A follow up on my prior post. A large shipment of Bolts was indeed delivered to various Portland dealerships today, as reported. While my prior comment is valid – the Wentworth website has listed several Bolts as arrived for weeks, even though they had none. But they have them now.

      I called Wentworth, and they said all the Bolts they currently received are all spoken for, as is their next shipment. As of today, they expect their first Bolts openly available in late March.

  10. Lou says:

    You know, I saw on another site that fully loaded Bolt EV’s are selling for $46,000(and that was after a dealer $1,000 reduction). As stated above, that is still a very expensive car. People were reporting lease payments of $550 per month for a 10,000 mile year lease and a significant down payment. Again, a very large monthly bill. Yes, plenty of people can afford that, and many will qualify for the Fed and CA rebates, but this is not by any stretch of the imagination “inexpensive”. That’s OK, no one is forcing anyone to buy the car, and prices will eventually come down. But still, $46,000 for a compact car is quite a lot of money. Hopefully, in a few years, there will be some clean, low mileage Bolt EV’s on the used car market and I can see if I could pick one up for under $25,000. I really like the car.

    1. Texas FFE says:

      That’s the way I felt when I bought my FFE. I bought my FFE for 35% of the original list price. I thought that was a great deal but, now that I’ve had my FFE for a few years, I can see a lot of value in buying new.

      The big thing for EVs is the battery. There was plenty of battery in my FFE for what I use the car for but there was at least 15% degradation by the time I got the car. If you plan to keep the car, buying used means you’re a couple of years closer to having to replace the battery.

      There’s nothing wrong with wanting to save a little money up front but you run into the old saying, “pay me now or pay me latter”. I bought my FFE thinking I was going to get rid of this car in a few years but I’ve always wished it had a fresh battery. When I buy a Bolt I will keep it for at least a decade.

      You have to ask yourself “is this the car I want” and “do I want to hang on to this car a long time”? If the answer to those questions is yes then you better commit yourself to buy new before anybody else has had a chance to soil it and before any battery degradation. If you get a new EV you won’t be always asking yourself, “I wonder what it was like driving this car when the battery was new”?

      1. pjwood1 says:

        Sounds like a bad battery experience. Maybe FFE is like Leaf, but cars like Tesla and Volt have very little history of owners reporting 15-20% lifetime losses. Mostly 5%, as far as I can see. You can count on 2-4% in the first year, for Tesla, but then it plateaus. Not bad.

        1. Texas FFE says:

          Battery degradation doesn’t plateau but the rate of degradation does decrease over time. This discussion on battery degradation is all just here-say and I think many people aren’t reporting battery degradation because they don’t know how to measure it. There needs to be some kind of standard database for reporting battery degradation.

          I think we all agree that residual battery capacity has value. But when we buy a used EV how do can we find out the actual condition of the battery pack, would you buy an EV with 20% battery degradation even though it had very few miles on it? If we have just replaced the battery pack in our EVs how can we recover the investment we just made if we want to sell them?

          Right now modern EVs are so new that buying used EVs with serious battery degradation is not an issue but within five years it will be, it will be.

          1. Pushmi-Pullyu says:

            Texas FFE said:

            “But when we buy a used EV how do can we find out the actual condition of the battery pack…”

            I certainly wouldn’t claim that the following would be foolproof, but common sense says we should ask (or insist, if necessary) that the dealer fully charge the car, and then we (the potential buyer) should check the car’s own estimate of remaining mileage, and compare that to what such a car typically reports when new.

            And if the used car dealer won’t cooperate, then walk away.

    2. unlucky says:

      I’m not sure anyone called it “inexpensive”. They called it affordable. And as I said elsewhere, having written a check for one I can say that even affordable is a bit of a stretch.

      The rebate will help, but for now it will surely have a hard time away from the coasts due to the somewhat lower earning power in the interior of the country.

      I think they won’t have trouble finding buyers to meet the number they want to sell, but it’s not really the “affordable ICE-replacement” car yet.

    3. zzzzzzzzzz says:

      “People were reporting lease payments of $550 per month for a 10,000 mile year lease and a significant down payment. Again, a very large monthly bill. Yes, plenty of people can afford that, and many will qualify for the Fed and CA rebates, …”

      Well, $550/mo lease for a Bolt is way too much to make sense. You need to be really in love with it πŸ™‚ Maybe they will start making significant discounts in a year or so, but so far you can just get some Clarity for $369/month everything included if you are in CA.

      1. philip d says:

        And live within 5 miles of one of the whopping 16 H2 fueling stations.

        I don’t think I want to drive 20 miles out of my way to fill my car up once a week.

        1. SilveradoCyn says:

          California is up to 25 stations operating, and a few more “almost” ready according to the fuel cell partnership. DOE says there are 30 open, and must include some “private” sites.

  11. Texas FFE says:

    We all believe we are seeing history in the making but is this big history or little history. Four hundred thousand Ford Mustangs sold in 1965, it’s first full year of production, that was big history.

    Right now the demand for the Bolt seems to be there and right now the only constraint to sales appears to be production and delivery. At what point does Chevrolet decide they have a hit on their hands and start ramping up production? I guess everyone interested in automobiles is watching Bolt sales to see if the Bolt is s real game changer or just another step in automotive evolution.

    We can give Chevrolet the benefit of the doubt for wanting to be conservative and limit production in these early months. Most car models don’t reach their peek production until the second or third year. But if this year comes and goes and their are still long waiting lists and very limited availability then we can say Chevrolet is not committed to electric vehicle production and sales.

    1. ffbj says:

      A reasonable and fair assessment.

    2. JeremyK says:

      For all we know, GM told their suppliers to increase production targets for 2018 based on the number of Model 3 reservations that came in. Increased production targets could have been communicated back in March of 2016 and already be in the works.

  12. Rich says:

    Interesting stats using Edmunds for a Bolt inventory search with a 500 miles radius and zip 94105

    353 shown (was 344 on Sunday)

    Trim level
    Premier (180)
    LT (173)

    Color
    Nightfall Gray Metallic (80)
    Summit White (79)
    Mosaic Black Metallic (54)
    Kinetic Blue Metallic (32)
    Orange Burst Metallic (32)
    Cajun Red Tintcoat (29)
    Arctic Blue Metallic (28)
    Silver Ice Metallic (19)

    If GM is producing 100 a week and the inventory number drops, then they’re selling more than 100 / week? If the inventory number increase, they’re selling less than 100 / week?

    1. Texas FFE says:

      GM is producing 100 a day, not 100 a week. A lot of cars that get sold never make it to the inventory boards. Autotrader never showed more than 200 Bolts the last week of December but almost 600 Bolts sold.

      Under normal circumstances there are at least a couple of months of inventory on the sales boards. Once production catches up to demand we should see more than 5,000 Bolts on the sales boards, assuming a sales rate of at least 30k per year. Right now there are 3,700 new Volts for sale and the Volt has been averaging 2,000 sales per month.

      1. Rich says:

        “GM is producing 100 a day, not 100 a week”
        Thanks for the clarification.

  13. Scott Franco says:

    They told me my Bolt is here now. My fed credit is scrubbed for the year, so I am going to lease.

    I plan on picking it up this weekend.

    1. Texas FFE says:

      Congratulations! I hope your Bolt gives you many years of faithful, sustainable, pollution free service.

    2. Rich says:

      Scott, if you lease, would you mind sharing your lease details. I would love to know if GM finance is crediting the full $7,500 federal tax credit back to the customer (by reducing the cap cost). Lou mentioned there is second hand info on a $550/mo lease … that’s outrageous. A lease on a fully loaded premier should be in the low $300/mo range.

      1. David says:

        No, they are not passing the federal tax credit on to lessees; only to retail purchasers. They are offering only a $2500 incentive to lessees. I’m picking mine up tomorrow.

        1. JyBicycleOrTesla says:

          They are inflating the residual value by $5000.00.

          $2500+$5000=$7500.00

          It sucks, if you planning on purchasing at lease end.

          1. Rich says:

            Inflating the residual to make up for the GM keeping $5000 of the $7500 federal tax credit isn’t right.

            Hopefully, we can get a few people leasing the Bolt to share their details with Jay (IEV). Let’s get an article written on this so people are aware of what GM is doing.

            1. JyBicycleOrTesla says:

              Wait six months to a year. You’ll start seeing attractive deals.

              I would not touch the Bolt EV until next year.

            2. JyBicycleOrTesla says:

              Rydell Chevy has the bolt EV for $299/month for 36 months @10,000 miles.

  14. David says:

    One of those orange ones is mine. Picking it up tomorrow. Stoked. First, I’m turning in my Leaf.

  15. Texas FFE says:

    I’m in a really good FFE forum where discuss aspects of the car. Now I’m considering transitioning over to the Bolt I would like to start following a Bolt forum but there are a bunch out there. Can anyone recommend a good Bolt Forum?

    I’m not on Facebook. Are the Facebook Forums better than the other online forums? What about twitter?

    1. JyBicycleOrTesla says:

      The only one I know is mychevybolt.

  16. cab says:

    Like TexasFFE says this may be history, but I’m not sure how big it will be. Gas is still cheap, and it only seems to be us EV nerds who are even aware this car exists.

    When I talk to family and friends it’s not like they are aware and some may even be in the market for a new car. California is as much about HOV lane access as anything – a scenario that doesn’t exists in much of the rest of the country. I am guessing the Bolt EV sales curve will peak early, but overall look a lot like the gen 2 Volt sales pattern.

    Having said all that, it will be cool if Chevy ends up with TWO plug-ins selling a couple thousand a month each – still a nice uptick in EV sales. Don’t go expecting Camry/Malibu/Accord numbers any time soon though…still a long road.

  17. Scott says:

    The more evs, the more the charging systems will get expanded, the more educated John q public will be about evs, which just makes that cycle go faster! A small glimmer of hope for the new year! 400k model 3s on reservation, good traction on the bolt it seems. I think it’s a pretty good start.

    I’m excited for more charging stations. They’re not too convenient in mass.

    Got a FFE plug in hybrid. Wish they’d make a full electric one.

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