How fast does the Chevrolet Bolt EV depreciate?
Average depreciation
8.3%per year
The newest Chevrolet Bolt EV (2023) has a fair price of about $20,450. Older model years retain progressively less of that value.
Value retention by model year
| Model year | Age (yrs) | Fair price | Retention |
|---|---|---|---|
| 2023 | 3 | $20,450 | 100% |
| 2021 | 5 | $16,343 | 80% |
| 2020 | 6 | $15,335 | 75% |
| 2018 | 8 | $13,410 | 66% |
| 2017 | 9 | $11,785 | 58% |
This is a cross-sectional estimate: it compares the mileage-adjusted market prices of different model years today, not the resale history of a single car. Actual depreciation depends on mileage, condition, trim, and market shifts.
12-year depreciation forecast
Projected resale value and typical accumulated mileage for the Chevrolet Bolt EV by vehicle age. Rows marked Market are backed by current listings; Projected rows extrapolate the 8.3%-per-year rate.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 3 | 2023 | 36,000 | $20,450 | 100% | Market |
| 4 | 2022 | 48,000 | $18,752 | 92% | Projected |
| 5 | 2021 | 60,000 | $16,343 | 80% | Market |
| 6 | 2020 | 72,000 | $15,335 | 75% | Market |
| 7 | 2019 | 84,000 | $14,458 | 71% | Projected |
| 8 | 2018 | 96,000 | $13,410 | 66% | Market |
| 9 | 2017 | 108,000 | $11,785 | 58% | Market |
| 10 | 2016 | 120,000 | $11,148 | 55% | Projected |
| 11 | 2015 | 132,000 | $10,222 | 50% | Projected |
| 12 | 2014 | 144,000 | $9,374 | 46% | Projected |
| 13 | 2013 | 156,000 | $8,595 | 42% | Projected |
| 14 | 2012 | 168,000 | $7,882 | 39% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values use the fitted depreciation rate and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Frequently asked questions
How fast does the Chevrolet Bolt EV depreciate?
About 8.3% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a Chevrolet Bolt EV worth after 9 years?
A 2017 Chevrolet Bolt EV is worth roughly $11,785 — about 58% of the newest year's fair price.
What will a Chevrolet Bolt EV be worth at 14 years old?
Projecting the 8.3%-per-year rate forward, a 14-year-old Chevrolet Bolt EV (around 168,000 miles) would be worth about $7,882 — roughly 39% of the newest year's value. A projection, not a guarantee.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 6/24/2026. Estimates only; your car's value depends on condition, options, and location.