Even though the first-generation Chevrolet Volt was a remarkable piece of engineering, it never became the smash hit Chevrolet, and General Motors, wanted it to be. As the first-generation continues to fizzle out of the limelight, steep discounts have been applied for motivation.
But, incentives have already begun for the 2016 Chevrolet Volt, according to Autoblog. Although the 2016 Volt won’t be a nationwide product until 2016, Chevrolet will offer up to $1,000 in incentives in the states where the 2016 Volt shows up first. Those states are California, Connecticut, Massachusetts, Maryland, Maine, New Jersey, New York, Oregon, Rhode Island and Vermont.
Buyers may also earn an additional $500 discount by recommending a non-GM vehicle owner to purchase a 2016 Volt. And, of course, there’s the hefty $7,500 tax credit from Uncle Sam.
The 2016 Chevrolet Volt actually starts at a lower MSRP this time around, dipping from $34,170 to $33,995, and can travel 15 miles more than the outgoing car on pure electricity.
Comments
You would be best to be clear and Honest here.
GM is marketing this car aggressively. They will first plant it in the markets that bought the most of the First Gen.
Second they will be very aggressive on price out of the gate to get people interested. It is like giving someone a free hit of Heroin and once they try it they comeback for more or in this case become your best sales tool.
I just love the headline here and the other places where it was stolen from as it attempts to paint a picture dishonestly.
This is not a profit car to start with. It is a on going model to continue to grow a segment that they hope they will cash in on in the future. Build a segment and convince the public you are the leader in Hybrids and EV and they will come to you first. Toyota did this with the Prius and convinced folks they invented the segment.
First, retail incentives are a way of life in he auto industry , even for new intros. If not rebates or subverted APRs, then with supported leases.
Second, GM will be pushing Volt extra hard for the foreseeable future in order to gain credits in the ZEV states Like NY and California against the eventual requirement of at least 5% of a manufacturers sales as Zero Emission Vehicles. It’s a long way from the current sales of around 1/10 of a percent. The fines for not meeting the future requirements are too high to just ignore so they and all manufacturers eventually must get these things in the road, demand it not,
Thanks for the great post.
You sound as if you are as informed as Bob Lutz! We need more post here like this that see all the facts not the superficial ones.
+1 to you!
The 2016 is never going to be available nation-wide. The 2016 is in 11 states only with 2017 coming nation-wide. I guess incentives are common on all GM cars, people expect them and I was expecting lower price on new Volt anyway. These put it in line with what I was expecting. The new Volt looks like a stunningly great car.
Please bring it to the UK, the current Ampera/Volt is way ahead of everything else with regards to drivetrain technology. Just get Vauxhall to give it the support it deserves.
Yeah I was hoping for a lower price too. I’m still guessing they may repeat the first generation pricing scheme (i.e. they started at $39,900 then lowered it eventually to $34,990 and finally $34,170. Get the highest price out of the early adopters/enthusiasts, then eventually drop it.
Maybe we will see an MSRP of $29,990 but not for a few years. (I personally think breaking the $30k barrier before incentives is key to mass adoption, even more than the technology/performance improvements. It would put the Volt at $19k-$22k after incentives in many markets, within spitting distance of the Cruise, but much more fun to drive and less expensive in the long run.
The issue with he Volt, I think, is that its true value is understood and appreciated only after you own it. There is a lot of competition in the $25k-30k range, both new and lightly used, and many people may not want to pay that much for what they see as a GM compact. After a year and 15k miles, I feel better about my decision now than when I bought it (premium trim for an effective price of $24k). The 2016 is worth the $34k MSRP, and its a steal after the incentives.