Chevrolet’s ambitious range extended EV, the Volt is getting a big upgrade for 2016. Besides being an all-new second-generation car that is getting better fuel economy, more standard equipment and refined looks, it is also getting a new price tag. The real big news is that price tag is actually lower than the outgoing car. A standard 2016 Chevrolet Volt will carry an MSRP of just $33,995; more than a grand cheaper than the 2015 model.
The new Volt boasts an improved battery driving range of 50 miles, more than 30-percent better than the last generation car. The Volt was already a great car, but this new model just steps up the game, and offers a more competitive price to boot. Don’t forget that after incentives, you could be paying dramatically less for a new Volt than the sticker price. The Volt is only $26,495 after a federal tax credit, and California residents could even manage to get one even cheaper; just $24,995.
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DETROIT – The Chevrolet Volt is poised to continue to bring new owners to the electric plug-in family. Pricing will be as low as $26,495 after the full federal tax credit of $7,500. (Federal tax credit can range from $0 up to $7,500.) In California, the vehicle’s largest market, residents of the state will be able to purchase the all-new Volt for as low as $24,995 after state and federal incentives.
The 2016 model will start at $33,995 MSRP, including an $825 destination fee (excluding tax, title, license and dealer fees). This is almost $1,200 less than the current-generation Volt.
“The next-generation Chevrolet Volt delivers more technology, the ability to drive further 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 confident we will continue to attract new customers to Volt with the vehicle’s product improvements and attractive price.”
The Volt continues to be a success with the brand, with nearly 70 percent of Volt owners trading in a non-GM product or adding to their household fleet in 2014, the highest of any Chevy nameplate. The number one trade-in for the Volt is the Toyota Prius. To date, more than 75,000 first-generation Volt owners have driven hundreds of millions of EV miles.
Volt owners who charge regularly can expect to drive an estimated 1,000 miles or more between fill-ups, based on GM testing. The 2016 Volt will provide owners with impressive fuel economy of a GM-estimated 102 MPGe (electric) and 41 combined mpg on gasoline power.
The new Volt will offer a GM-estimated 50 miles of all-electric driving range on a single charge, a 31-percent improvement over the first-generation Volt. This means new Volt owners should anticipate that approximately 90 percent of trips in a new Volt will be driven all-electrically.
