The Chevrolet Volt wasn’t the Bowtie brand’s best-selling vehicle by any means. Annual Volt sales peaked at just 24,739 units in 2016 and dropped each subsequent year before General Motors finally decided to pull the plug on the unpopular hybrid in 2019.
The public’s lukewarm reaction to the Chevrolet Volt is perfectly exemplified in this brand new 2018 model year example that has been languishing on a dealership’s lot in North Carolina for nearly four years. The undesired Summit White hatchback has just 110 miles on the odometer, which are likely all delivery miles, and is priced at $29,792. That’s a $7,448 discount over the manufacturer’s suggested retail price, but is still a lot to pay for a three-year-old Chevy compact car – even with the potential fuel cost savings over a traditional ICE vehicle factored in.
As a reminder, the 2018 model year Chevrolet Volt is powered by a hybrid-electric powertrain consisting of a 1.5L LYX I4 engine, single electric motor and 18.4 kWh lithium battery. The Environmental Protection Agency awarded the hybrid with an impressive 42 MPG combined ciy/highway fuel economy rating for 2018, equating to $4,250 in fuel cost savings over five years compared to a new average vehicle.
This Chevrolet Volt will become even harder for the dealership to sell the longer it stays on the lot, in our opinion. With new electrified offerings coming from Chevrolet shortly, like the 2022 Bolt EUV and 2022 Bolt EV, customers will likely gravitate toward these newer pure EV models rather than the aging hybrid Volt. The new models are also comparable in price to this Volt, with prices starting at $31,995 for the Bolt EV and $33,995 for the larger Bolt EUV.
How much longer will this Chevrolet Volt remain without an owner? Drop your predictions in the comments below, readers.