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Chevy Promised 255 Miles, The New Bolt Beats It Anyway

  • 2027 Chevy Bolt supports Tesla Superchargers and fast charging.
  • Powered by an LFP battery and a 210 hp single electric motor.
  • Pricing starts at $29,990, but a cheaper version will soon follow.

Chevrolet introduced the 2027 Bolt last fall and now they’ve revealed the electric crossover has an EPA-estimated range of 262 miles (422 km). That’s more than GM’s original estimate of 255 miles (410 km) and it blows past the previous Bolt (259 miles) and Bolt EUV (247 miles).

Despite having more range than before, the Bolt falls short of the 2026 Nissan Leaf. We drove the Japanese EV earlier this year and it has an EPA rating of up to 303 miles (488 km). That’s 41 miles (66 km) more than the Bolt and this is a pretty noticeable advantage.

More: 2027 Chevrolet Bolt Debuts With A Leaf Beating Price Tag

However, you shouldn’t write the Bolt off as it has some standout features, including the Super Cruise semi-autonomous driving system. The hatch also has a Vehicle-to-Home bi-directional charging capability, which means it can power your house in the event of an outage (when paired with a GM Energy Home System).

Buyers will also find an 11-inch digital instrument cluster and an 11.3-inch infotainment system with Google built-in.

 Chevy Promised 255 Miles, The New Bolt Beats It Anyway

Power comes from a 65 kWh LFP battery pack, which feeds an electric motor developing 210 hp (157 kW / 213 PS) and 169 lb-ft (229 Nm) of torque. When the battery is low, a 150 kW DC fast charger can take it from 10% to 80% in just 26 minutes. Speaking of which, the Bolt is the first Chevrolet to have a native NACS port and this means easy access to Tesla Superchargers.

The 2027 Bolt starts at $29,990 – including destination – and is currently arriving at dealerships. It will be followed by an even more affordable variant that begins at $28,995.

Both prices undercut the Leaf, which starts at $31,485 out the door. That being said, Nissan has already confirmed plans for an entry-level variant with a smaller 52 kWh battery. It’s also worth noting the Bolt is a “limited run model,” while the Leaf will be sticking around.

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Only 7 Percent Of Cars Sold Last Month Cost Under $30,000

  • Average transaction price hovers near $50K with no slowdown.
  • Affordable cars fade as luxury trucks and SUVs dominate sales.
  • EV prices soften slightly but rely heavily on rising incentives.

If you were hoping falling interest rates, bigger incentives, or sheer consumer exhaustion might finally drag new-car prices back to Earth, number-crunching industry experts have some bad news.

According to the latest Kelley Blue Book data, the average transaction price of a new vehicle in the US hit $49,814 in November, and it’s showing no real sign of dropping.

Also: Nobody Wants These 2024 Models And Dealers Are Drowning In Inventory

That figure is up 1.3 percent year over year and effectively unchanged from October, suggesting the industry has settled into a comfortable rhythm where fifty grand is the new normal.

Cox Automotive says prices usually peak in December, meaning the holiday season could push things even higher as buyers gravitate toward well-optioned trucks, luxury SUVs, and vehicles that require six figures of income and very little financial anxiety.

Fewer Incentives

Incentives are still around, but they are not doing the heavy lifting they once did. In November, incentives averaged 6.7 percent of average transaction prices, down from nearly 8 percent a year ago.

Automakers simply do not need to discount aggressively when buyers keep selecting expensive trims with panoramic roofs, giant screens, and fancy wheels.

 Only 7 Percent Of Cars Sold Last Month Cost Under $30,000
Cox/KBB

The data makes one thing clear. Cheap cars are disappearing from the sales mix. Vehicles with MSRPs under $30,000 accounted for just 7.5 percent of November sales, down sharply from 10.3 percent a year earlier.

Meanwhile, more than one in 10 vehicles sold cost over $75,000. The most popular sub-$30K survivors remain familiar names like the Toyota Corolla, Chevrolet Trax, and Hyundai Elantra, clinging on like endangered species.

While transaction prices may have leveled off for now, average MSRPs, commonly known as the asking price, are still inching upward, reaching $51,986 in November. That marks a 1.7 percent increase over last year.

Blame Pricey Trucks

 Only 7 Percent Of Cars Sold Last Month Cost Under $30,000

Trucks continue to be a major contributor to price inflation. Full-size pickups now average more than $70,000 for the third month in a row and accounted for over 14 percent of all sales in November, with nearly 183,000 units delivered. That helps explain why the industry average keeps floating upward even when compact and midsize segments remain relatively stable.

Read: Senators Want Cheaper Cars, Even If It Means Getting Rid Of Automatic Braking

Electric vehicles add another twist. The average EV transaction price fell slightly month over month to $58,638, but remains up 3.7 percent year over year. Incentives jumped to over 13 percent of prices as sales softened again, dropping more than 40 percent compared with last year.

Tesla’s average transaction price rose to $54,310 in November, even as sales fell 22.7% year over year, largely due to sharp declines in Model 3 demand. Prices for the Model Y, the best-selling EV in the U.S., edged up slightly. Cybertruck sales fell to 1,194 units, their lowest monthly total of 2025, though its average price rose to $94,254.

Who’s Really to Blame?

According to Cox Automotive Executive Analyst Erin Keating, today’s prices aren’t just the result of inflation or supply hangovers, but they reflect what consumers are choosing to buy.

“It’s important to remember that the KBB ATP reflects what consumers choose to buy, not what’s available,” she explained.

“Many new-car buyers today are in their peak earning years and are less price-sensitive, opting for vehicles at the higher end of the market to get the features and experiences they value most. In November, sales of vehicles priced above $75,000 outpaced those below $30,000, underscoring this preference for premium products” Keating added.

 Only 7 Percent Of Cars Sold Last Month Cost Under $30,000
Cox/KBB

The takeaway is simple. Prices are high because buyers keep buying high. Until that changes, the average US driveway will continue to look alarmingly expensive.

We just have to hope the trend doesn’t discourage automakers from developing and building the more affordable models that less affluent Americans still need.

Average Transaction Price by Automaker Group
GroupNOV-25OCT-25NOV-24MoM % ChangeYoY %
Change
BMW$70,864$70,037$71,2421.2%-0.5%
Ford Motor Company$57,639$57,724$57,079-0.1%1.0%
Geely Auto Group$60,759$59,480$60,2692.2%0.8%
General Motors$55,778$56,173$53,443-0.7%4.4%
Honda Motor Company$38,819$38,839$39,384-0.1%-1.4%
Hyundai Motor Group$38,966$38,331$38,9131.7%0.1%
Mazda Motor Corporation$36,134$35,179$36,2312.7%-0.3%
Mercedes-Benz Group AG$75,000$74,421$77,2220.8%-2.9%
Renault-Nissan-Mitsubishi Alliance$37,330$37,326$35,3810.0%5.5%
Stellantis$55,803$54,513$56,3872.4%-1.0%
Subaru Corporation$36,521$36,146$34,8091.0%4.9%
Tata Motors$103,768$104,662$101,878-0.9%1.9%
Tesla Motors$54,310$53,528$55,2471.5%-1.7%
Toyota Motor Corporation$45,265$45,249$44,2750.0%2.2%
Volkswagen Group$56,590$58,280$53,463-2.9%5.8%
Industry$49,814$49,760$49,1850.1%1.3%
SWIPE
Average Transaction Price by Brand
MakeNOV-25OCT-25NOV-24MoM % ChangeYoY %
Change
Acura$49,083$49,275$54,009-0.4%-9.1%
Audi$64,902$65,072$62,972-0.3%3.1%
BMW$72,616$71,973$73,5160.9%-1.2%
Buick$36,694$36,324$34,9881.0%4.9%
Cadillac$87,739$84,566$68,0253.8%29.0%
Chevrolet$50,759$51,064$48,944-0.6%3.7%
Chrysler$47,101$46,917$48,1460.4%-2.2%
Dodge$47,899$49,232$51,390-2.7%-6.8%
Ford$57,010$57,120$56,512-0.2%0.9%
Genesis$65,574$64,343$62,1951.9%5.4%
GMC$66,430$66,555$66,339-0.2%0.1%
Honda$37,559$37,685$37,869-0.3%-0.8%
Hyundai$38,272$37,934$37,6760.9%1.6%
Infiniti$68,484$65,863$63,2054.0%8.4%
Jeep$52,421$49,772$51,9955.3%0.8%
Kia$36,719$36,090$37,5971.7%-2.3%
Land Rover$105,767$106,505$104,318-0.7%1.4%
Lexus$61,901$62,406$59,147-0.8%4.7%
Lincoln$69,713$70,110$66,624-0.6%4.6%
Mazda$36,134$35,179$36,2312.7%-0.3%
Mercedes-Benz$75,000$74,421$77,2220.8%-2.9%
MINI$41,148$40,810$40,7110.8%1.1%
Mitsubishi$32,840$32,366$29,7651.5%10.3%
Nissan$35,567$35,721$34,039-0.4%4.5%
Porsche$122,674$125,071$113,107-1.9%8.5%
Ram$64,724$65,301$63,744-0.9%1.5%
Subaru$36,521$36,146$34,8091.0%4.9%
Tesla$54,310$53,528$55,2471.5%-1.7%
Toyota$42,344$42,393$41,368-0.1%2.4%
Volkswagen$38,266$38,133$36,3230.3%5.3%
Industry$49,814$49,760$49,1850.1%1.3%
SWIPE
Average Transaction Price by Segment
CategoryNOV-25OCT-25NOV-24MoM % ChangeYoY %
Change
Compact Car$26,949$26,982$27,094-0.1%-0.5%
Compact SUV/Crossover$36,329$36,208$36,8730.3%-1.5%
Entry-level Luxury Car$57,414$56,997$56,3730.7%1.8%
Full-size Car$55,335$53,694$44,7623.1%23.6%
Full-size Pickup Truck$66,192$66,439$65,459-0.4%1.1%
Full-size SUV/Crossover$78,623$79,529$75,444-1.1%4.2%
High Performance Car$134,538$134,786$124,500-0.2%8.1%
High-end Luxury Car$125,823$129,114$116,321-2.5%8.2%
Luxury Car$62,636$60,961$58,8052.7%6.5%
Luxury Compact SUV/Crossover$52,587$52,298$52,6380.6%-0.1%
Luxury Full-size SUV/Crossover$98,538$99,519$103,338-1.0%-4.6%
Luxury Mid-size SUV/Crossover$74,082$73,799$73,6620.4%0.6%
Luxury Subcompact SUV/Crossover$40,982$41,269$41,581-0.7%-1.4%
Mid-size Car$33,958$33,814$33,1850.4%2.3%
Mid-size SUV/Crossover$49,272$49,361$48,501-0.2%1.6%
Minivan$47,575$47,388$48,2310.4%-1.4%
Small/Mid-size Pickup Truck$43,805$43,752$43,5260.1%0.6%
Sports Car$49,723$51,423$48,489-3.3%2.5%
Subcompact Car$25,791$25,862$22,393-0.3%15.2%
Subcompact SUV/Crossover$30,962$30,646$29,8621.0%3.7%
Van$59,984$61,051$57,789-1.7%3.8%
Industry$49,814$49,760$49,1850.1%1.3%
SWIPE

Data Cox Automotive / KBB

Dealers Are Practically Giving Away These Forgotten GM EVs Right Now

  • Chevrolet is quietly clearing out its canceled BrightDrop vans.
  • Buyers get $21,500 in cash plus major dealer discounts.
  • Some BrightDrop 400 vans are listed over $28,000 off MSRP.

After a botched rollout and years of lackluster demand, General Motors announced plans to end production of the slow-selling BrightDrop vans. The announcement was made in October and it appears dealers are having a fire sale to get rid of remaining inventory.

I originally noticed this after a local Chevy dealer was advertising a van for roughly $22,000 below MSRP. However, that’s a drop in the bucket as Chevrolet of Troy, Ohio has knocked $28,315 off a 2025 BrightDrop 400. This means you can get the $68,310 EV for as little as $39,995.

More: GM Kills Electric Van Leaving Over 1,000 Canadian Workers In Limbo

That’s barely more than a Ford Mustang Mach-E, which starts at $37,995. More importantly, it undercuts the Ford E-Transit Cargo by $13,265.

Of course, that’s far from the only example as Miami’s Bomnin Chevrolet has their $69,435 BrightDrop 400 listed for $40,435. That’s a discount of $29,000, which means you can buy a 2027 Chevrolet Bolt with the savings.

 Dealers Are Practically Giving Away These Forgotten GM EVs Right Now

Ray Chevrolet of Fox Lake, Illinois isn’t as generous, but they’ve marked their BrightDrop 400 down $28,348. That means you can get the $69,935 delivery van for just $41,587.

If the standard model is too small for your liking, you can always upgrade to the BrightDrop 600. Kool Chevrolet has a very cool discount of $23,600 on theirs, meaning you can get it for $47,450. That’s significantly better than the original MSRP of $71,050.

 Dealers Are Practically Giving Away These Forgotten GM EVs Right Now

It’s a similar story at Columbus’ Ricart Chevrolet, which has slashed $25,253 off the price of their 2025 BrightDrop 600. As a result, the $73,430 EV can be had for $48,177.

These huge discounts are made possible thanks to $21,500 in customer cash. The offer requires buyers to take retail delivery by January 2, so you might want to act fast if you want to own a testament to GM’s ill-fated belief in EVs.

 Dealers Are Practically Giving Away These Forgotten GM EVs Right Now

GM’s Sporty EV Concept Looks Like The Future Bolt We Were Promised

  • GM’s China studio created a sporty EV concept for local market appeal.
  • Sketches show a grille-less SUV with arrow cues and wraparound glass.
  • The design may inspire future Chevrolet models for Chinese customers.

The world’s largest automotive market has become a linchpin for General Motors, a place where nearly all its brands are striving to secure a stronger presence. To that end, GM’s China Advanced Design studio has unveiled another fresh concept study, a “sporty EV” created specifically with Chinese buyers in mind.

The exploration sketches and renderings were made by GM designer Charles Huang at the company’s Shanghai facilities. They show what looks like a small crossover – some might even see shades of a future Bolt – with oversized wheels and a contrasting bi-tone paint scheme.

More: Buick’s New Concepts Look Suspiciously Ready For Production

At the front, the concept trades a traditional grille for a clean, enclosed surface with split LED headlights and a Chevrolet emblem that may light up. The bodywork is restrained, defined by crisp lines and minimal decorative detailing.

The most striking element is the wraparound glasshouse, framed by a thick C-pillar that seems to clasp the rear of the vehicle. The contrast between the deep blue and black tones amplifies this visual tension.

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GM Design / Instagram

According to the designer, the profile is inspired by a “released arrow”, an idea most evident in the early sketches. The later, photorealistic renderings dial the drama back, edging closer to something feasible for production.

In fact, it’s easy to picture this crossover parked in a Chevrolet showroom, fitted with regular mirrors and door handles, of course, assuming those still have a place in modern EV design.

The presentation on the GM Design Instagram profile doesn’t include any sketches of the interior. We don’t have any specs, either, although a rear-mounted electric motor and a medium-sized battery pack would probably do the job.

More: GM Imagines Tomorrowland’s EVs And They’re Nothing Like Today

 GM’s Sporty EV Concept Looks Like The Future Bolt We Were Promised

The EV seems to have a similar length to the Chinese-spec Chevrolet Tracker RS and the US-spec Bolt. That puts it below the Trailblazer, Trax, Equinox EV, and Blazer currently sold in the States.

While the Chevrolet concept is just a design study with no production intent, GM is working on multiple affordable EVs for the future. It is safe to assume that at least some of them will adopt an SUV bodystyle, possibly similar to the “sporty EV” depicted in the sketches.

Though GM describes the project as a design study with no immediate production intent, it arrives at a time when the company is actively developing several affordable EVs for many markets. It’s likely that some of those models will borrow cues from this study, especially the SUV silhouete.

 GM’s Sporty EV Concept Looks Like The Future Bolt We Were Promised
2027 Chevrolet Bolt

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