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The 2024 Chevy Blazer EV is being marked up by as much as $10,000

GM’s new all-electric SUV is already in demand. The 2024 Chevy Blazer EV is being marked up by as a lot as $10,000 in some instances.

The 2024 Chevy Blazer EV is starting to look on dealership tons after the first fashions have been shipped in July.

After formally revealing the electrical Blaze SUV final summer time, GM stated it could be obtainable in 4 trims. These included the 1LT, 2LT, RS, and SS fashions, plus an extra legislation enforcement-specific police pursuit automobile (PPV).

The bottom 1LT mannequin has since been dropped, because the 2LT is now the most cost effective 2024 Blazer EV variant.

After opening orders for reservation holders final month, we realized the primary two fashions can be the 2LT AWD and RS AWD, beginning at $56,715 and $60,215, respectively.

Each fashions qualify for the complete $7,500 EV tax credit score, that means the bottom 2LT trim may be purchased for underneath $50,000. Nonetheless, that’s provided that the supplier doesn’t mark it up.

The 2024 Chevy Blazer EV is being marked up at sellers

In line with an evaluation of nationwide stock information from CarsDirect, the 2024 Chevy Blazer EV is being marked up, with some citing excessive demand. One Mukwonago, Wisconsin supplier has a 2024 Chevy Blazer EV RS listed at $70,215, or $10,000 over MSRP.

The supplier claims market changes are based mostly on provide and demand “in addition to the present market state of affairs.”

2024 Chevy Blazer EV RS on the market in California (Supply: Harbor Chevrolet)

And this isn’t unusual; a number of sellers have the electrical SUV listed for over $70,000. Dealerships in California and Illinois are additionally providing the 2024 Chevy Blazer EV RS at these costs. A supplier in California with the mannequin listed at $71,161 is proven above.

Electrek’s Take

Is a $10,000 markup on the Blazer EV justified? The electrical SUV continues to be very new to the market. Stock information (from CarsDirect) reveals round 550 listings within the US in comparison with over 7,600 for the gas-powered 2024 Blazer.

In the meantime, many automakers are shifting in the wrong way with pricing. Tesla has been slashing costs all yr, pressuring others to observe.

Ford simply launched a brand new incentive on the F-150 Lightning (with as much as $15,00 in financial savings) after gross sales dissatisfied within the third quarter.

Hyundai slashed EV lease costs lately on the IONIQ 5 and IONIQ 6, providing among the least expensive charges since launching. The transfer got here after Tesla launched its personal lease value cuts final week.

GM has struggled to ramp manufacturing of its Ultium-based fashions just like the Blazer EV. The automaker revealed this week that it’s going to push again Silverado EV and GMC Sierra EV manufacturing at its Orion meeting plant in Michigan. The automaker says the transfer is “to raised handle capital funding whereas aligning with evolving EV demand.”

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