General Motors Drops 2014 Chevy Volt Price By $5,000
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The 2014 Chevrolet Volt will carry a starting price of $34,995 — a $5,000 decrease over the 2013 model. The lower price includes an $810 destination fee, and — as is usually the case — excludes tax, title, license and dealer fees.
When consumers include federal tax credits that range from $0 to $7,500, depending on individual tax liability, the starting price of a 2014 Volt could be as low $27,495. Since individual tax situations differ, GM recommends buyers consult a tax professional prior to claiming any credits to confirm eligibility for vehicle tax benefits.
“We have made great strides in reducing costs as we gain experience with electric vehicles and their components,” said U.S. vice president, Chevrolet sales and service Don Johnson. “In fact, the Volt has seen an increase in battery range and the addition of creature comforts, such as a leather-wrapped steering wheel and MyLink, since its launch in 2010.”
The $5,000 price drop for the 2014 model follows a similar reduction for the 2013 Volt.
Chevy points out that the lower price of the 2014 Volt will change the comparable set of vehicles when consumers are shopping on online websites, and search for a vehicle by type or price. The lower price will broaden the Volt’s exposure to price-sensitive shoppers who are searching online for a plug-in electric vehicle. The same principles, in our opinion, can apply to offline shopping as well.
The Volt, which is already recognized for having the most-satisfied owners, continues to be the best-selling plug-in vehicle in America while attracting new buyers to the Chevrolet brand. Over 70% of Volt buyers are new to General Motors, and the Toyota Prius is the vehicle that’s most-frequently traded-in for a Volt. The state of California continues to be the largest market for the Volt, and the 2014 model will continue to offer a low emissions package that earns the Volt a coveted “sticker” for single-occupancy HOV lane access in California and New York.
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Excellent news! Every year improvements have been made to the Volt, good stuff!
no doubt the leaf helped usher in this price drop. competition = Consumers win! cant wait to see how this affects volt vs leaf sales
£5,000 off, personally I’d be a little miffed if I’d purchased the car a month or so before thus paying £5,000 more. I think rather than a price reduction a new slightly more basic model introduced into the range (say £5,000 cheaper) would be the better option.
A random Smog Check “secret shopper” audit, ethanol waiver & elimination of duel fuel e-85 CAFÉ credit can cut California mobil fleet toxic impact over 50% in 2014
The California Department of Motor Vehicles (DMV) collects $billions using “Wallet Flushing” car tax for BIG oil, BIG banks & Government motors welfare.
Is it time for CA AG Kamala Harris EPA ethanol fuel waiver conversation?
Will State Senate Rules Committee Chair California Senate Leader Darrell Steinberg confirm a Governor Brown appointed DCA/BAR Chief who can find out if what is broken on a Partial Zero Emissions Vehicle (PZEV) Smog Check failed car gets fixed? A Smog Check secret shopper audit would cut toxic car fleet impact 1500 tons per day while reducing cost by $billions.
Will California State Senate confirm a Department of Consumer Affairs / Bureau of Automotive Repair Chief who will make sure (Partial) Zero Emission Vehicle (PZEV) that fail Smog Check get fixed? Smog Check Secret Shopper audits would cut California’s smog by 1500 tons per day. This will reduce the cost impact to Californians by $billions$.
I understand what you are saying. I purchased a 2013 model in 2012, but I’m not upset that I missed out on the price drop. I am intimately familiar with the Early Adopter Tax, and I think most current Volt owners are as well. I am happy to see these prices drop and competition increase.
I would love to see more voltec vehicles and even more to see another manufacturer produce a range-extended electric. I think both of these are dependent on the Volt being perceived as popular and practical. I think that the superb satisfaction numbers help, and simply making a less-featureful model would undermine that