2016 Chevy Volt Priced $1,175 Lower Than Outgoing 2015 Chevy Volt −


Electric Cars

Published on May 3rd, 2015 | by James Ayre

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2016 Chevy Volt Priced $1,175 Lower Than Outgoing 2015 Chevy Volt

May 3rd, 2015 by
 

When the 2016 Chevy Volt plug-in hybrid (PHEV) goes on sale later this year, starting prices for the model will begin at $33,995, based on a press release from General Motors.

What that means, is that the 2016 Chevy Volt (including delivery) will be priced around $1,175 lower than the 2015 Chevy Volt was — despite the 2016 model possessing a notably greater all-electric range and fuel efficiency, amongst other things.

2016 Chevy Volt 4

Considering that there had been some talk of the pricing for the 2016 model going as “low” as $30,000, I suppose that the actual number won’t make everyone happy (or make sense to everyone), but it is lower then the pricing for the 2015 model — so, in the right direction.

Of course, with federal tax credits (and state tax credits for some) factored in, the effective cost is a fair deal below $30,000 — but that’s still a fair chunk of change for many, likely leaving the model out of the reach of many who would otherwise be interested in driving an electric vehicle (EV).

In a recent press statement, the wording went like this: “Pricing will be as low as $26,495 after the full federal tax credit of $7,500. In California, the [Volt]’s largest market, residents of the state will be able to purchase the all-new Volt for as low as $24,995 after state and Federal incentives.”

Of course, potential buyers will still be paying the full ~$33,000 at the time of purchase — and large tax credits aren’t necessarily of great utility to everyone, depending on income levels.

So, in short, if I was to make a guess… I’m not expecting to see huge sales for the 2016 model. Good, yes — but nothing beyond that.

It’s too bad that a truly “affordable” PHEV (or EV) of this quality still seems so far off — because the market is very likely there, if pricing was to fall a bit more.

Image Credit: Chevrolet


 

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About the Author

's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.



  • vdiv

    A “a truly “affordable” PHEV (or EV) of this quality” is available for bellow $20k as an off-lease certified preowned vehicle at your friendly GM-branded dealership.

    Sorry, the argument that plugins are too expensive no longer applies (if it ever really did).

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