At the end of this week Chevrolet announced that the 2016 Volt will start at $33,995, in this area $1,200 less than the present 2015 Volt.
The second-generation extended-range EV offers 50 miles e-range, 41 mpg combined when in succession regular gas only, and with up to $7,500 federal tax credit for those eligible, Chevrolet says it can be netted as low as $26,645.
The news rides in on the heels of our article last week noting a price sweet spot more readers than not from GM-Volt.com and Rawvehicle.com have suggested should be just below $30,000.
SEE ALSO: How Much Does the 2016 Chevy Volt Cost www.rawvehicle.com and Why It Matters
Chevrolet’s news also falls well small of hints outgoing CEO Dan Akerson dropped before rotary over the helm to Mary Barra that a far-superior price drop up to $10,000 would be in peacefulness.
“In this next generation we reckon we can decrease the price on the peacefulness of $7,000 to $10,000, without decontenting” Volt, Akerson said at a Fortune magazine “green” conference. “That’s very vital to us. And at that point in time I reckon you’ll see the second generation be much more, hopefully, profitable. I reckon it will be profitable.”
As it is, the new Volt may still be profitable and as we’ve noted, GM has a tendency to price its alternative energy products – www.rawvehicle.com such as Cadillac ELR, outgoing Volt, Cruze diesel, two-mode light-duty trucks and SUVs – just high enough to slow their sales down.
For its part, Chevrolet notes buyers in its leading market, California, – the only state it advertised the present Volt in – may be able to combine incentives and net the Volt for $24,995.
And, the automaker says the new car will attract new faces to the brand.
“The next-generation Chevrolet Volt delivers more technology, the skill to drive additional between gas fill-ups and now with even more value to our customers. It’s what our loyal Volt owners told us they wanted,” said Steve Majoros, director, Chevrolet Marketing. “We are in no doubt we will continue to attract www.rawvehicle.com new customers to Volt with the vehicle’s product improvements and attractive price.”