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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.

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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 crowned Time magazine’s Person of the Year

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Taylor Swift crowned Time magazine's Person of the Year

Taylor Swift has been named Time magazine’s Person of the Year for 2023.

The music star, 33, told the publication: “This is the proudest and happiest I’ve ever felt, and the most creatively fulfilled and free I’ve ever been.

“Ultimately, we can convolute it all we want, or try to overcomplicate it, but there’s only one question: Are you not entertained?”

The Shake It Off singer beat a range of finalists to take the title, including Barbie, former US president Donald Trump’s prosecutors and the King.

It tops off a record-breaking year for Swift, and she has collected several other end-of-year awards.

People Magazine named her 2023’s most intriguing person of the year while Forbes awarded her the title of the world’s most powerful woman in media and entertainment.

The 12-time Grammy winner also became Spotify’s most-streamed artist globally, with her songs being streamed more than 26 billion times.

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She recently scored her seventh Grammy nomination for song of the year – overtaking Sir Paul McCartney and Lionel Richie.

Her Eras Tour is set to gross more than $1bn while the film version was the highest grossing concert film ever.

She also re-released new versions of her third and fifth albums Speak Now and 1989, which was sparked by a feud with music executive Scooter Braun over ownership of Swift’s masters.

Former Time Person of the Year winners in recent years include Volodymyr Zelenskyy, Joe Biden and Kamala Harris, Elon Musk and Greta Thunberg.

Time’s editor-in-chief Sam Jacobs said on NBC’s Today programme: “Picking one person who represents the eight billion people on the planet is no easy task.

“We picked a choice that represents joy. Someone who’s bringing light to the world,” he said.

“She was like weather, she was everywhere.”

Time awards the title to “the individual, group, or concept that has had the most influence on the world throughout the previous 12 months.”

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US actors’ union SAG-AFTRA hails ‘enormous victory’ as it ratifies deal that ended strike

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US actors' union SAG-AFTRA hails 'enormous victory' as it ratifies deal that ended strike

The US actors’ union has said the deal that ended its months-long strike was an “enormous victory” after it was ratified last night.

About 78% of SAG-AFTRA (Screen Actors Guild – American Federation of Television and Radio Artists) members voted in favour of the contract, with a turnout of around 38%.

The walkout lasted 118 days and brought Hollywood to a standstill, halting productions on film and television shows.

FILE PHOTO: SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Walt Disney Studios in Burbank, California, U.S., August 22, 2023. REUTERS/Mario Anzuoni/File Photo
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SAG-AFTRA members on strike in August – the walkout lasted 118 days

The strike ended on 9 November when a tentative agreement was reached between the union and the Alliance of Motion Picture and TV Producers (AMPTP). It began on 14 July, with pay disputes and the threat of artificial intelligence being the main issues.

SAG-AFTRA president Fran Drescher and chief negotiator Duncan Crabtree-Ireland said: “Today we close out one of the most important chapters in recent entertainment industry history.

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July: ‘We will not allow you to take away our dignity’

“This contract is an enormous victory for working performers, and it marks the dawning of a new era for the industry. Getting to this point was truly a collective effort.

“With the ratification of this agreement, SAG-AFTRA members will receive unprecedented wage escalation, significantly improved streaming compensation, and the first-ever crucial protections around the use of artificial intelligence technology.”

Read more:
The Hollywood stars who supported the actors’ strike
Brian Cox and Simon Pegg among British stars to back action

The deal now specifies compensation has to equate to the amount of work that would have been done by the actor, while companies have to get the consent of performers to use their facial features as part of the creation of any synthetic elements.

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The actors’ strike came at the same time as the Writers Guild of America action, which was resolved in September, as the union agreed to a deal with studio bosses after 146 days on the picket line.

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Denny Laine: Paul McCartney pays tribute after Moody Blues singer and Wings guitarist dies aged 79

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Denny Laine: Paul McCartney pays tribute after Moody Blues singer and Wings guitarist dies aged 79

Denny Laine, the lead singer of English rock band the Moody Blues and guitarist with Wings, has died aged 79.

The co-founder of both Wings, which also featured Sir Paul McCartney, and The Moody Blues “passed away peacefully” following a battle with lung disease.

In an Instagram statement, Elizabeth Hines wrote that it was an “absolute honour and privilege to not only be his wife, but to care for him during his illness and vulnerability”.

She wrote: “My darling husband passed away peacefully early this morning.

“I was at his bedside, holding his hand as I played his favourite Christmas songs for him. He’s been singing Christmas songs the past few weeks and I continued to play Christmas songs while he’s been in ICU on a ventilator this past week.

“He and I both believed he would overcome his health setbacks and return to the rehabilitation centre and eventually home.

“Unfortunately, his lung disease, Interstitial Lung Disease (ILD), is unpredictable and aggressive; each infection weakened and damaged his lungs. He fought every day. He was so strong and brave, never complained.

“All he wanted was to be home with me and his pet kitty, Charley, playing his gypsy guitar.”

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Sir Paul posted on Instagram to pay tribute to Laine, saying he was “very saddened” by his ex-bandmates passing.

He said: “I have many fond memories of my time with Denny: from the early days when The Beatles toured with the Moody Blues.

“Our two bands had a lot of respect for each other and a lot of fun together. Denny joined Wings at the outset. He was an outstanding vocalist and guitar player.

“His most famous performance is probably ‘Go Now’, an old Bessie Banks song which he would sing brilliantly. He and I wrote some songs together, the most successful being ‘Mull of Kintyre’ which was a big hit in the Seventies.

“We had drifted apart, but in recent years managed to re-establish our friendship and share memories of our times together.

“Denny was a great talent with a fine sense of humour and was always ready to help other people. He will be missed by all his fans and remembered with great fondness by his friends. I send my condolences and best wishes to his wife, Elizabeth and family.

“Peace and love Denny. It was a pleasure to know you. We are all going to miss you.”

Ms Hines also wrote that the support from the public “brought him to tears”, and said her “world will never be the same”.

Denny Laine pictured with his art at the Rock Art Show in Willow Grove Park Mall in Willow Grove, Pa on December 18, 2016. Pic: Star Shooter/MediaPunch /IPX

She added: “Denny was an amazingly wonderful person, so loving and sweet to me.

“He made my days colourful, fun and full of life-just like him. Thank you sweetie for loving me, for all the laughter, friendship, fun and for asking me to be your wife. I will love you forever.

“Please give Denny’s friends and family the time and privacy needed as we grieve our loss.”

Born Brian Hines in Tyseley, Birmingham, in October 1944, Laine had been a member of Birmingham-formed The Moody Blues during the 1960s.

He quit the band shorty after releasing The Magnificent Moodies in 1965 over a conflict with their record label.

He then joined Sir Paul and Linda McCartney in the Wings line-up in 1971 before departing the band in the 1980s.

Laine was also part of the World Classic Rockers, a touring act which had Donovan, Spencer Davis and founding member of The Eagles Randy Meisner play at various times.

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