How much is a 2020 Chevy Bolt worth?
In brief, a 2020 Chevy Bolt EV typically sells for roughly $20,000 to $28,000 in the used-car market, with well-kept examples at the higher end and those with higher mileage at the lower end.
Market values for the Bolt are influenced by mileage, battery health, trim level (LT vs Premier), regional demand, and the outcomes of past battery recalls. The Bolt offers an EPA-estimated 238 miles per charge and a compact hatchback body that's well-suited to urban driving, making it a popular used-EV option despite its age. To determine an exact value for a specific car, consult authoritative guides and check local listings.
Current market snapshot
The ranges below reflect typical asking prices seen on major used-car platforms for 2020 Bolt EVs in varying conditions. They are intended to guide buyers and sellers on what is commonly observed in the market today.
- Low mileage / excellent condition (under 15,000 miles): typically around $22,000–$28,000
- Moderate mileage (15,000–30,000 miles): usually $20,000–$25,000
- Average to high mileage (30,000–60,000 miles): commonly $18,000–$22,000
- High mileage (>60,000 miles) or battery-health concerns: often $15,000–$20,000
- Premier trim with options (sunroof, advanced driver aids) may add $1,000–$2,500 above LT values
Prices vary by region, dealer vs private sale, and battery history. Always verify current market values with a trusted source such as Kelley Blue Book, Edmunds, CarGurus, or local listings for a precise number for your exact vehicle.
Factors that influence the Bolt’s value
Mileage and battery health
Mileage is a major determinant of price, but for EVs, battery health and remaining capacity matter even more. A low-mileage Bolt with strong 238-mile range tends to command a premium over a high-mileage example, especially if the battery’s state of health is good and there are no pack issues.
Trim level and features
The 2020 Bolt was offered primarily in LT and Premier trims. The Premier adds nicer interior materials and features, which can push resale values higher by a few hundred to a couple thousand dollars on well-presented cars.
Battery recall history and warranty status
GM’s battery recalls affected some Bolts; verify the recall status and any battery pack replacements. The standard battery warranty for EV batteries covers eight years or 100,000 miles (where applicable), which can provide value protection for buyers.
Vehicle condition and service history
Cosmetic condition, accident history, tire wear, and service records impact perceived value. A clean Carfax or AutoCheck and recent maintenance can lift a listing by several hundred to a couple thousand dollars.
Regional demand and incentives
EV demand varies by region, and local incentives or charging infrastructure can impact what buyers are willing to pay in a given market.
How to verify value for your vehicle
To get a precise value for a specific 2020 Bolt, use multiple valuation tools and compare with current listings:
- Kelley Blue Book (KBB) used-car value
- Edmunds True Market Value (TMV)
- NADA Guides
- Recent local listings on CarGurus, AutoTrader, and Cars.com
Also, consider getting a professional appraisal or a certified pre-owned option if you want extended warranty coverage. A battery health check and a vehicle history report are worthwhile steps before negotiating.
When evaluating a Bolt, cross-check KBB, Edmunds TMV, and local listings; if possible, arrange a pre-purchase inspection to verify battery health and overall condition, especially given the recall history.
Summary
The 2020 Chevy Bolt EV remains a practical used-EV option with roughly two dozen thousand-dollar price ranges depending on mileage, battery health, and trim. Expect roughly $15,000 to $28,000 in today’s market, with the majority of well-maintained examples clustering in the $18,000–$25,000 range. Always confirm current pricing via multiple sources, and consider potential battery safety recalls and warranty protections when evaluating a sale or purchase.
