Although they once seemed to be a small niche part of the car market, electric cars have grown a great deal in popularity in recent years. With the rising prices of gas and constant reminders that there are more environmentally friendly ways of driving, major car manufactures have brought plenty of new EVs to market.

They may not be nearly as common as cars powered by fuel or even hybrids, but they are gaining a fair share of the market.

One example of a fully electric car by a major car brand is the Chevy Bolt. The Bolt first hit the road in 2017, and it is now one of the most well-known fully electric cars. Many people may wonder how well a car like the Chevy Bolt holds its value.

This could be out of general interest because you want to determine if electric cars maintain their price tag more or less than traditional cars, or you may wonder this because you're thinking of buying a used Chevrolet Bolt.

Regardless of your reasoning, we did a little research into how much you’d pay for a used Chevy Bolt, and this is what we found. Since there are four editions of the Chevy Bolt, we figured we'd break down the price and layout the standout features of each.

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Here's What The First Two Chevy Bolts Cost Today

2017 Chevy Volt
Via: Shelby L. Bell, Flickr - https://creativecommons.org/licenses/by/2.0/

According to Kelly Bluebook, you can land yourself a used 2017 Chevy Bolt for a little over $21,000. This is, of course, based on an average, which means you can find options for less, but also more if you're concerned about quality. Of course, quality and price may not always go hand-in-hand. We actually found a couple being sold online for under $19,000 on sites like Carvana.

The first version of the Chevy Bolt was astounding because of the historical feat it accomplished. It was one of the first EVs able to reach 238 miles on a single charge. This is much higher than other electric cars that are of the same caliber, and the Bolt held that record for a while. It achieves 200 HP.

When it comes to slightly older cars such as the 2017 and 2018 Chevy Bolt, there won’t be a great deal of price difference. Of course, the 2018 version cost more, but not by much. According to the Kelly Blue Book, it is priced right under $22K.

In terms of how far a single change will take you, the 2018 version is the exact same as its predecessor. The difference by this point was that other major carmakers had realized that their vehicles needed to go further, so the 2018 Bolt had competition this time around.

The Chevy Bolt Saw Continued Success For 2019

2019 Chevy Volt
Via: Gregory Varnum, Wikimedia Commons - https://creativecommons.org/licenses/by-sa/4.0/deed.en

The 2019 Chevrolet Bolt continued the trend of excellence. It’s not a great deal different from the first two, but there were three new colors that buyers could choose from, and tire fill alert was made standard. In terms of pricing, you can expect to pay just under $24K for a 2019 Chevy Bolt.

The distance it can travel on a single change remained the same as the previous editions. While there was competition from other rides, it still achieved the second most MPGe when compared to cars of the same price point. The Hyundai Ioniq Electric beat it that year. However, the Bolt came out on top in terms of horsepower.

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The 2020 And 2021 Editions Lead The Way

2020 Chevy Bolt
Mario Roberto Duran Oritz via: Wikimedia Commons 

The 2020 version of the Chevy Bolt is considered class-leading due to its range for a single charge. The 2020 Chevy Bolt EV will get you 259 miles before it needs to be charged. Compare this to the previous distance of 238. This may not sound like a big difference, but it was for that time.

In terms of pricing, according to CarGurus, you should expect to pay about $37,000 for this electric beauty. They are rated very well online, meaning they should be worth the price tag.

The 2021 version of the Chevy Bolt retained the same class-leading 259-mile EPA estimated range. However, you are less likely to find a used version since it’s still very current. People are still buying the 2021 Chevy Bolt new, and in some cases, perhaps even the 2020 version.

Here's Why Used Cars Can be Great Cars

Used Cars Dealership
Via: DifferR, Shutterstock

Nowadays, it makes perfect sense for many people to purchase used cars. More people have realized that as long as your vehicle is purchased from a place that can be trusted and you do your research, you’ll get value for your money.

A used Chevy Bolt is a great choice if you are in the market for a used electric vehicle. They have helped change the perception of electric cars, and they have high ratings in all the important categories. These cars seem to hold their value well, which means even a used one would still be worth a decent amount if you wanted to sell in the future.

NEXT: Here's What We Know About 2022 Chevy Bolt EV