Chevy Volt Price Announced

January 31st, 2010

The 2011 Chevrolet Volt in pregnancy so long, we wondered whether it ever really would. Now the reality is here.

GM announced pricing for the 2011 Volt for Plug-In 2010, a conference this week in San Jose.

The Volt will be $ 41,000 MSRP, $ 720 which includes a destination charge. Early estimates had linked the price at about $ 40,000, maybe less.

Lower rent

GM also threw a curve ball into the mix: The rent for three years, the Volt will be $ 350 per month, with a $ 2,500 advance. That is only one U.S. dollars higher than the rent for the 2011 Nissan Leaf electric car, despite the much higher purchase price of the Volt.

In both cases, a $ 7,500 federal tax credit electric car is taken into account in calculating the lease, do not go to the Volt, but the purchaser to the landlord.

How GM can offer such low rent? Joel Ewanick, GM’s vice president of U.S. marketing, says the expected residual value of the Volt will be very high, for two reasons.

First, the demand is higher than the production in at least two years, and the cars of eight years, 100,000 miles warranty on all electrical components will kopers hesitate to make nervous about how the new technology will last a few years.


Nissan Leaf still cheaper

However, the other electric car on sale this year, the 2011 Nissan Leaf, is considerably cheaper than the Volt. The recommended price is from $ 32,780 for buyers who purchase the car.

Yesterday, before the 2011 Volt pricing was announced, Nissan director of product planning Mark Perry Marty Padgett told us, ‘We’re going to be $ 10K cheaper than anyone else out there. ” He was nearer the mark than many had hoped.

Although both cars and plug-in are driven by electric motors, they are not entirely comparable. The magazine offers up to 100 miles from the range only from the battery, while the Volt to give 40 miles of electric range plus an additional 300 miles of a gasoline engine that powers its onboard generator.

GM Volt is strongly emphasized the lack of supply fears, and other executives with Ewanick become the subject of at least nine separate times by our count for half hour call.

Government incentives

Both the 2011 and 2011 Volt Leaf eligible for the maximum $ 7,500 federal tax credit for buyers of electric cars with a battery pack 16 kilowatt-hours or more. For buyers, that brings the effective cost of the Volt for $ 33,500, $ 25,280 and the magazine.

Depending on where you live, there may be provincial and local incentives on top of the federal credit. California provides an additional $ 5,000 tax credit for the magazine, but it will not apply to the Volt. Tax credits are offered in Georgia ($ 5,000) and Oregon ($ 1,500) and.

Other plug-in perks are single-driver access to high-occupancy vehicle lanes California, but the current legislation will not extend either to the Volt.

Only four options

Chevrolet Volt 2011 stresses that the fully equipped, including eight airbags, standard Bluetooth, OnStar five years “directions and connections” service, and other niceties that extra cost in most models.

Only four options offered. One is a premium package that adds leather trim on the steering wheel and seats that are heated, with several interior door graphics.

There is also a backup camera and park assist package, plus bonus polished wheels, paint colors and three additional charges. A 2011 Chevy Volt at $ 44,600 each option stickers.

Want one? Consult your dealer

The first Chevrolet Volt will arrive at dealerships in November, first in California, followed by the New York-New Jersey-Connecticut area, then Washington, DC, followed by Michigan, and finally Texas.

Interested buyers can now register with GetMyVolt.com, where they will be sent to e-mail, or visit their nearest Chevrolet Volt certified dealer to place an order with a specialist called Volt.

Chevy plans to keep customers informed of orders to place their cars in the production queue, because only 10,000 will be built during 2011, with a further 30,000 in 2012.

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