Yesterday, General Motors and Chevrolet announced the second-generation 2016 Chevrolet Volt would retail for $33,995. But, with the full federal tax credit, the price may drop as low as $7,500 less, bringing the total to $26,495.
These prices include the $825 destination fee, but exclude tax, title and license and, deepening on where you purchase, dealer fees. At the end of the day, punching these new numbers in a calculator will show a $1,200 decrease in purchase price from the first-generation Chevrolet Volt.
For $1,200 less, buyers can take advantage of 50 miles of pure-electric range, 31 percent greater than the outgoing Volt. According to GM testing, owners who regularly charge their 2016 Chevrolet Volt should see an estimated 1,000 miles or more between visits to the petrol station. The 2016 Volt is estimated to receive 102 MPGe, but also an impressive 41 MPG when running on the range-extending gasoline engine.
Previously, our educated guess was $29,995 for the 2016 Volt. Based on your logic we either overshot it, or were hoping for something a tad more affordable. There is no denying the fact, though, that buyers will be receiving much more green, for a tad less, well… green.
So, what’s your say? Has GM priced the 2016 Volt too high? Or is the new price point going to bring a wave of new PHEV owners into Chevrolet dealers? Let us know in the poll and, as always, talk to us in the comments down below.