ALG Sets Bolt EV's Residual Value
The 2017 Chevrolet Bolt EV should retain as much as 39% of its value after three years of retail leasing, which is significantly better than other mainstream competitors, according to ALG.

Photo of 2017 Chevrolet Bolt EV by Paul Clinton.

Photo of 2017 Chevrolet Bolt EV by Paul Clinton.
The 2017 Chevrolet Bolt EV should retain as much as 39% of its value after three years of retail leasing, which is significantly better than other mainstream competitors, according to ALG.
The forecast comes as Chevrolet has begun rolling out the vehicle for sale that should reduce range anxiety among buyers with its 248-mile range and $30,000 price after a federal incentive.
"While seemingly low, this is still considerably stronger than the other mainstream EVs currently on the market such as the Nissan Leaf, Kia Soul EV, VW e-Golf, and Mitsubishi i-MiEV," said Patrick Min, a senior project manager with ALG.
Retention rates for the other models have been set at 34% for the Volkswagen e-Golf, 26% for the Kia Soul EV, 25% for the BMW i3, 18% for the Nissan Leaf, and 17% for the Mitsubishi i-MiEV.
The residual values of battery-electric vehicles can be affected by something known as residual subvention, which are grants from the automaker to incentivize purchasing and leasing.
"This is what helps achieve targeted/competitive monthly payments for the lease program. These lease program residuals are often adjusted through incentive support," Min added.
The forecast sets values based on three years of retail leasing with 15,000 miles per year. It's meant to represent the open auction resale price after three years.
Originally posted on Automotive Fleet
More Operations

Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →
The Data-Driven Haul: 5 Ways AI is Leveling the Playing Field in Auto Transport
Large and small transport fleets are becoming more competitive as predictive analytics and real-time data inform the logistics decision chain.
Read More →
How to Speak the Same Language on Fleet Safety
Drivers, supervisors, and data often speak different safety “languages.” Getting on the same page will drive better results.
Read More →
2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →
The Predictive Pivot: How AI and Data Are Redefining Auto Logistics in 2026
AI is no longer a luxury but the baseline for profitability in 2026. Auto haulers that adopt these tools now will quickly outpace those using manual workflows and taking a wait-and-see approach.
Read More →
The Predictive Pivot: How AI and Data Are Redefining Auto Logistics in 2026
AI is no longer a luxury but the baseline for profitability in 2026. Auto haulers that adopt these tools now will quickly outpace those that use manual workflows or take a wait-and-see approach.
Read More →
CAR 2026 Recap Part 2: Closing the Gap Between Data & Remarketing Value
The second half of CAR 2026 examined how fleets can translate lifecycle strategy, vehicle data, and market shifts into higher real-world results.
Read More →
CAR2026 in Two Words: Velocity, Value (Part 1)
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
Read More →
CAR 2026: Get the Wall Street Update on the Key Players in Remarketing
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
Read More →
CAR 2026 Session to Uncover the Missing Data That's Costing Fleets at Disposal
Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.
Read More →