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From now through August 2, Costco members can save $1,000 on a 2022 Bolt EV and EUV, $3,000 on a 2020/2021 Chevrolet Bolt EV, and $2,000 on a Volvo XC40 Recharge Pure Electric. Those deals and much more have been added to our updated best Electric Vehicle prices and leases.

2022 Chevrolet Bolt EV and Bolt EUV

The redesigned 2022 Chevrolet Bolt lineup started trickling onto dealership lots a few weeks back with a starting price that’s thousands less than its predecessor. MSRP for the 259-mile 2022 Bolt EV is only $31,995, and the slightly larger 247-mile Bolt EUV is priced at $33,395, so the last thing anyone might expect is a $1,000 cash incentive this early in the game. What is expected (unfortunately) are dealerships that find no shame in trying to squeeze another $1,000 out of their customers. While conducting our nationwide search for electric vehicle lease deals and discounts, we ran across a number of dealers adding a $995 “market adjustment” over the MSRP of in-stock 2022 Bolt EVs and EUVs. These ridiculous offers can be ignored since the vast majority of Chevrolet dealers are listing what they have in stock at MSRP. In fact, we even found several dealerships already offering discounts on 2022 Bolt models. Quirk Chevrolet in Massachusetts ($1,000 off on a Bolt EV), Rydell Chevrolet in California ($500 off on a Bolt EV), Mike Anderson Chevrolet in Illinois ($1,575 off on a Bolt EUV), and Chevrolet of Columbus in Ohio ($1,112 off on a Bolt EUV) all seem to be good places to start shopping.

GM carbon neutral
Chevy’s 2022 Bolt EV and EUV

Thinking of leasing rather than buying? According to the payment estimator on Chevrolet’s website, the 2022 Bolt EV will set you back $420(nice)/month plus tax and license for three years on a 10,000 mile per year lease. The slightly larger Bolt EUV leases for a bit more at $453/month. Applying the $1,000 Costco incentive might trim $30/month off of these figures, but the resulting cost would still be significantly higher than the manufacturer lease offers on affordable 200-mile EVs from Nissan, Hyundai, and Kia.  However, we did find a couple of California dealers with relatively attractive lease offers that might be worth considering. Mission Bay Chevrolet in the San Diego area is offering a three-year lease on a 2022 Bolt EV at $259/month, $2,999 at signing before tax and license, which calculates to a palatable effective cost of $335/month. Stevens Creek Chevrolet in the San Francisco area is advertising $189/month, $5,999 at signing, which translates to an effective cost of $350/month. Costco membership is required for either of these deals. Check for availability and deals on a 2022 Chevrolet Bolt EV or Bolt EUV in your area.

2020/2021 Chevrolet Bolt EV

Prospective buyers that have been waiting to score killer deals on the outgoing first-generation Bolt EV may have missed the sweet spot, which started in March and ran through early May. At this point, most Chevy dealers we track have either sold out or zeroed out their discounts on remaining inventory, so the starting point of negotiation at most dealerships is simply MSRP minus factory incentives. The good news is that the factory incentives are still hefty, currently at $10,000 for a 2020 and $9,000 for a 2021, plus an additional $1,000 bonus cash incentive on particular in-stock vehicles. Piling on the $3,000 Costco member-only incentive takes the total cash back up to a range of $12,000 to $14,000, which should lower the cost of buying a 2020/2021 Bolt EV to well under $30,000 before tax and license.

2020 Chevy Bolt

We did find more than a handful of dealer discounts on a 2020/2021 Bolt, ranging from about $1,500 off to over $3,000 off before any of the above mentioned factory incentives. The total discount at some of these dealers can be well over $16,000 for Costco members. As far as lease deals, Quirk Chevrolet in Massachusetts and Simi Valley Chevrolet in California have great lease offers with an effective cost that’s under $200/month before tax and license. Check for deals on remaining 2020/2021 Chevrolet Bolt EV at a dealership near you.

2021 Volvo XC40 Recharge Pure Electric

Outside of loyalty incentives, Costco’s $2,000 incentive is the first we’ve seen on the 208-mile Volvo XC40 Recharge since its introduction earlier this year. With an MSRP of $55,300, this compact luxury SUV that seats five can now be had for just under $46,000 by Costco members that enjoy a tax bill high enough to take full advantage of the $7,500 Federal EV tax credit. That’s about $7,000 less than its closest competitor, the 326-mile Tesla Model Y, which is a cost difference that can be compelling to a buyer that doesn’t need the impressive segment-leading range of the Model Y, or perhaps prefers Volvo’s relatively mainstream styling. This all-wheel-drive XC40 Recharge is no slouch – it moves from 0 to 60mph in a very respectable 4.3 seconds, slightly quicker than the base Model Y. Its top speed is limited to 112 mph versus the Model Y’s 135 mph.

Dealer discounts on the XC40 Recharge are still few and far between, but that has been improving lately. We’ve seen advertised discounts range from $1,000 to nearly $4,000 at dealerships in Texas, Florida, Georgia, Maryland, and California. On lease offers, Weston Volvo Cars in Florida is the first Volvo dealership to make our list of electric vehicle lease deals with a fantastic offer of $499/month plus tax for 36 months, $999 plus tax and license at signing. With an average monthly cost of $513/month, Weston Volvo handily beats the XC40 Recharge 3-year factory lease terms of $599/month, $4,099 at signing, which works out to an average monthly cost of about $696/month. Costco members can apply their $2,000 incentive to these terms to effectively reduce the average monthly cost to around $650/month with no dealer discounts. Interestingly, this just happens to be slightly more than the average lease cost of a Model Y, which rings in at $633/month before tax and license.

Current members that have been with Costco since May 31, 2021, qualify for these limited-time incentives that expire on August 2, 2021. Not a member? If you’re planning to buy a new electric vehicle soon, a $60 annual membership could pay off in thousands. Consider that Costco has run these special auto incentives for years. Since January 2020, Chevrolet’s Bolt EV and Audi’s e-tron have each been included in these special offers three times, and Volvo has participated twice. As a side benefit, you’ll be able to enjoy a $1.50 hot-dog-and-a-Pepsi along with $4.99 rotisserie chickens as many times as you want while you wait for that coveted incentive to show up.

As always, be sure to check our monthly survey of best electric vehicle lease deals and best electric vehicle discounts. Information is current for manufacturer lease offers, Chevrolet dealer offers, and Volvo dealer offers. We are currently gathering dealer data from dealerships of other marques, so please check back throughout the month for additional updates.


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Taylor Swift announces 12th studio album

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Taylor Swift announces 12th studio album

Taylor Swift has announced her 12th studio album during an appearance on her boyfriend Travis Kelce’s podcast.

The pop megastar, appearing on New Heights, did not say when the record, titled The Life Of A Showgirl, will be released.

Fans can pre-order the album in various formats now and Swift’s website says physical copies will be shipped by 13 October.

Pic: New Heights
Image:
Pic: New Heights

On Monday, Taylor Nation – an official branch of the singer’s marketing team – teased the release on TikTok with a slideshow of 12 images alongside the caption: “Thinking about when she said ‘See you next era…'”

Swift is seen wearing orange in every picture.

A special limited vinyl edition of the album will be released in “Portofino orange glitter”, according to a pre-order page on her site. A special cassette edition is also available for pre-order.

Taylor Swift's website features The Life of a Showgirl pre-order options. Pic: Reuters
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Taylor Swift’s website features The Life of a Showgirl pre-order options. Pic: Reuters

A brief clip from the New Heights podcast, hosted by Swift’s NFL star boyfriend, Travis Kelce and his brother Jason, a former NFL player, was posted on Instagram early on Tuesday.

The video showed Swift pulling a copy of the album from a briefcase with the cover blurred.

The full podcast episode will be released at 11pm on Tuesday, UK time.

Swift is living up to her reputation as pop’s hardest-working star


Gemma Peplow

Gemma Peplow

Culture and entertainment reporter

@gemmapeplow

You might think that after pulling off the highest-grossing tour in history, all while writing and releasing an unexpected record-breaking double album at the same time, Taylor Swift would be happy to take a little break.

But no. The singer-songwriter has announced her 12th album, her sixth in six years.

Since her self-titled debut in 2006, the longest period Swifties have had to wait is just three years, between 2014’s 1989 and 2017’s Reputation; the period in which the star took time out following her public feud with Kim Kardashian and Kanye West.

Over the past few years, Swift has also re-recorded and re-released four of her early albums in a (now resolved) battle over the rights to her master recordings.

With the new announcement, she’s living up to her reputation as the hardest-working star in pop.

Album number 12 is titled The Life Of A Showgirl, hinting at inspiration drawn from spending the best part of two years on the road – and perhaps a return to pop after embracing folk and her more gothic side.

Fans are now eagerly waiting to find out what Swift’s new era will bring.

New Heights had previously teased Swift’s appearance by posting an orange image on social media with a mysterious silhouette, which many correctly identified as the pop star.

The Life Of A Showgirl follows Swift’s The Tortured Poets Department, released last year during her record-breaking Eras tour, which generated more than $2.2bn (£1.6bn) across two years and five continents, making it the highest-grossing tour of all time.

Read more about Taylor Swift:
Swift’s final London show was the ‘best’
The impact of the ‘excruciating’ Era’s tour
Her new chart record

It marks her first release since she took back control over her entire back catalogue from private equity firm Shamrock Capital for an undisclosed amount.

In an effort to regain control over her music in recent years, Swift has been re-recording and releasing her first six albums. The move was prompted by Hybe America CEO Scooter Braun’s purchase and sale of her early catalogue.

Some of the ‘Taylor’s Version’ releases have included new songs as well as Easter eggs and visuals to offer a deeper understanding of her work.

The four re-recorded albums released so far have been massive commercial and cultural successes, each one entering the Billboard 200 US album chart at number one, helping her become the woman with the most number one albums in history.

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Harry and Meghan extend Netflix partnership – but it’s no longer exclusive

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Harry and Meghan extend Netflix partnership - but it's no longer exclusive

Harry and Meghan have signed a new “multi-year, first-look deal” with Netflix, following the deal they struck with the streaming giant five years ago.

Described by the Sussexes as “extending their creative partnership”, while the news quashes rumours the relationship might not be renewed, it would appear to be a less prestigious deal than their first.

With Love, Meghan, has a second season out later this month. Pic: Jake Rosenberg/Netflix
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With Love, Meghan, has a second season out later this month. Pic: Jake Rosenberg/Netflix

As a “first-look deal” rather than an overall deal, the entertainment giant will be able to say yes or no to their content before anyone else, but they will not be under an obligation to stream it.

Several US outlets have suggested it is a downgrade from the Sussexes’ previous contract, which saw the streaming giant pay for exclusive rights for the content and was thought to be worth more than $100m (£74m).

British PR expert Mark Borkowski described the deal as a “downgrade” and suggested Netflix was “pivoting away” from Harry and Meghan.

Read more: Some call the deal a demotion – but the company still sees them as a power couple

Harry and Meghan set up their media company, Archewell Productions, after quitting as senior working royals in 2020.

More on Duchess Of Sussex

Their partnership with Netflix had promised documentaries, docuseries, feature films, scripted shows and children’s television, but has so far only delivered documentaries and docuseries.

These include Harry & Meghan, a six-part series about their departure from the royal household, which is Netflix’s fifth most popular series of all time, and most recently, the lifestyle show With Love, Meghan, which is the streamer’s most-watched culinary show since its release earlier this year.

Speaking about the new deal, Meghan said: “We’re proud to extend our partnership with Netflix and expand our work together to include the As ever brand.”

As ever is Meghan’s lifestyle brand, launched in 2024, and rebranded this year, selling products including jams, shortbread and wine.

Meghan went on: “My husband and I feel inspired by our partners who work closely with us and our Archewell Productions team to create thoughtful content across genres that resonates globally and celebrates our shared vision.”

(R-L) Meghan, Duchess of Sussex and Mindy Kaling. Pic: Netflix
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(R-L) Meghan, Duchess of Sussex and Mindy Kaling. Pic: Netflix

Netflix’s chief content officer Bela Bajaria called the Sussexes “influential voices” and said their stories “resonate with audiences everywhere”.

New output includes the second season of With Love Meghan later this month, and a Christmas special in December.

Archewell Productions is also working on a documentary about orphaned children in Uganda’s Masaka region, an area heavily hit by the HIV/AIDS crisis, titled Masaka Kids, A Rhythm Within, and is developing a feature adaptation of the bestselling romantic novel by Carley Fortune, Meet Me At The Lake.

It comes as Harry has cut ties with his Sentebale charity but has said he still intends to do what he can to help young people in Lesotho, Botswana and Southern Africa.

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Some call the Sussexes’ Netflix deal a demotion – but the company still sees them as a power couple

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Some call the Sussexes' Netflix deal a demotion - but the company still sees them as a power couple

While we’re all desperate to know what this new deal is really worth in dollars and pounds, one thing I can tell you for certain is that Prince Harry and Meghan want us to know they’re delighted that Netflix again wanted to get a deal done.

“Absolutely over the moon” is how it was described to me.

But they’ll also be aware of the attention it’ll attract as we all try to pick apart what it means.

Meghan, Duchess of Sussex. Pic: Jake Rosenberg/Netflix
Image:
Meghan, Duchess of Sussex. Pic: Jake Rosenberg/Netflix

Firstly because of that ongoing fascination in how they’re making money since stepping away from royal life and losing financial support from the King, but also because of the recent reports that Netflix were intending to cut ties.

Yes this is a different type of deal from their original one in 2020. Some have argued that a “first look deal” looks like a demotion from what they previously signed up to.

With no real clarity on how much their original deal was worth, and no numbers being publicly thrown around this time, that is hard to judge.

But talking to those who know something about these kinds of deals you do get a sense it could potentially be more lucrative than it looks on face value.

More on Meghan Markle

With first look deals, yes there is often financial commitments from the likes of Netflix to get that first exclusive look at projects and first refusal.

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Harry claims: War of words continues

But there could be other significant monetary incentives for the Sussexes to sign.

For example, when the Obamas signed a first look deal with Netflix, the streaming service agreed to pay the operational costs for their production company “Higher Ground”.

Could it be that Netflix are also now covering the costs of Archewell Productions?

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It’s stating the obvious to say that Harry and Meghan continue to divide opinions, some wanting to watch their programmes from a place of respect and fondness, others as a reason to grumble about them.

But signing on this latest dotted line shows Netflix still sees them as a power couple, who attract significant attention and are worthy of investment, whatever that really adds up to.

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