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Chevrolet News:2016 Chevrolet Volt to Start At $33,995*


William Maley

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Over the weekend, Chevrolet announced the pricing for the 2016 Volt before it goes on sale later this year. Pricing for new model will begin at $33,995 (includes a $825 destination charge). Chevrolet is quick to point out the 2016 Volt is almost $1,200 less that current Volt on sale. Add in Federal and State incentives and you could drive away with a Volt for as low as $24,995.

Aside from the price cut, the 2016 Volt sees an increase in overall electric range (50 vs. 31 miles) and a improvement for the gas engine's fuel economy (41 MPG vs. 37 MPG).

"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."

Source: Chevrolet

Press Release is on Page 2


Chevrolet Announces 2016 Volt Pricing

  • Next Gen delivers more technology at new price as low as $26,495

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.


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The price will continue to decline but the performance and range will continue to improve too.

 

This is why GM did the first gen and this gen even with no major profits in sight. GM had to bite the bullet to create a segment like this to get companies to invest in research and technology to make things cheaper and better. If GM had not created this model no one would have invested the money in like they are now.

 

GM had to prime the pump to get this deal to move.

 

The Volt was often called the moon shot and it really is true. The Apollo program was not really about just landing on the moon but to develop the technology that it took to get there. The government invested in this program and it has paid off over the years with the advancements we have seen since the 60's. The fact is if not for the government investing in the moon landing we very well would not be her arguing about cars.

 

As GM spreads this technology to the CT6, Malibu and other models it will get cheaper and cheaper.

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This car is really ugly though, it looks Japanese.  The first gen Volt looked good in the front end, even though the headlights stole a bit from the 2005 era Acura TL, I still liked how the front of the original Volt looked.  The 2016 has a much better interior, and this is a much better price than the $40k of the original Volt, but still $34k is a lot of a compact Chevy.  Although a Prius is overpriced too.

Edited by smk4565
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Wonder what the break-even price for the Volt is?

 

For GM or for the customer?

For GM.

 

 

As the technology flows into other cars, the per unit cost for the Volt should come down.  A lot of Voltec tech is going into Cadillac models and the new Malibu Hybrid borrows a few bits and pieces as well. 

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Where can I see a photo of a base Volt?  All I see is the bright blue Brougham GT model in press photos.  I want to see what I would get for the base price, without curb feelers and Yosemite Sam mudflaps.

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This car is really ugly though, it looks Japanese.  The first gen Volt looked good in the front end, even though the headlights stole a bit from the 2005 era Acura TL, I still liked how the front of the original Volt looked.  The 2016 has a much better interior, and this is a much better price than the $40k of the original Volt, but still $34k is a lot of a compact Chevy.  Although a Prius is overpriced too.

Still a superior auto compared to anything Mercedes-Benz or BMW builds in their entry level hybrids!

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