New York City Purchasing 50 Chevy Bolt EVs For $32,997 (Or $24,710) Each

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New York City is purchasing 50 Chevy Bolt EVs, with plans being to order a total of 80 (or possibly more) by the end of the fiscal year (June 30), according to recent reports.

What makes this particularly interesting is the price being paid — just $24,710 per vehicle after the federal rebate is factored in, and $32,997 beforehand.

What that means is that after the federal rebate is factored in, the Chevy Bolt EVs are being purchased for not that much more than what the city pays for new Toyota Priuses ($23,067 per vehicle), according to an Administrative Services spokesperson. The city apparently has a contract agreement in place relating to the quoted Toyota Prius purchase prices. The federal rebate in question works out to $8,287 per vehicle.

While it’s probably obvious to most of those reading this, it should be stated clearly anyways — while the upfront price isn’t necessary “cheap,” the Chevy Bolt EVs will have considerably lower operational and maintenance costs than comparable internal combustion engine (ICE) vehicles would. Meaning, the total cost of ownership is likely not much different, or possibly even cheaper.

As far as the new Chevy Bolt EVs, 3 different city departments will be splitting the first batch of 50 — Citywide Administrative Services, Environmental Protection, and Parks — according to the above mentioned spokesperson.

Here’s a bit more from an article on the subject: “The federal offset comes courtesy of the Congestion Mitigation and Air Quality Improvement Program. The city’s fleet of 530 electric vehicles is the largest of any US municipality. The Bolts, made in Michigan, are scheduled to arrive in the spring.”

As a reminder of what’s in store for those receiving the Bolt EVs, see what Motor Trendhad to say about the first “affordable” electric car with a 238-mile range.