However, in the legal agreement language, Chevy also stipulates that owners and their families"forever waive and release all claims, damages, or causes of action, either known or unknown, regardless of the legal or equitable theory, that I may have now or in the future arising out of or in any way related to [their] Bolt vehicle.
The timing is interesting. In November 2020, a NHTSA recall was issued concerning a serious battery fire risk for the Bolt EV and production of both the EV and EUV were halted. An order went out for owners to park their vehicles outside until the fix went out via a software update, and then, after a reemergence of issues, more fixes went out in 2021. At least five models caught fire before the first recall of all 2017-2019 model year Bolts.
This sort of issue-prone vehicle payout scheme isn't novel, but this is an interesting case. If you take Chevy's rebate and your Bolt were to catch fire and possibly spread to other stuff like your garage or house, which is a distinct possibility if your car were to catch fire, you'd be out of luck with six stacks burning a hole in your pocket. Even if there was a big class-action suit against Chevy you'd be on the sidelines.
No rebate in Canada
Like in Fight Club when Edward Norton calculates if it’s easier to pay off people than fix the car part…?