More Reasons That Now is the Time to Buy a New Volt
If you’re in the market for a plug-in hybrid, now is the best time to buy a 2014 or 2015 Volt!
We’re not just saying that because we’re an Albany Chevrolet dealer and we happen to have a few Volts in stock. This is actually the word on the street, as Chevy is preparing to put the 2016 Volt into production and is discounting remaining 2014 and 2015 models. (Because we’ll soon need some extra room on our lot soon!)
But just how much is the discount? Is an electric-hybrid for me? What are all of the incentives?
You’ve got questions, and we’ve got answers. Read on!
Details on the Discount
The MSRP on a new Volt is around $35,000. But nearing the end of its model year, as well as first generation status, Chevy is looking to sell the remaining 2014 and 2015 Volts to make room for the new-generation 2016 Volt.
The discount is said to average about $4,400, but could vary by dealership and specific Volt model. Here at DePaula, we’ve got models starting around $32,000, which includes premium navigation.
Once other reason for the discount is lower gas prices. We understand that the relatively low cost makes less-efficient and more affordable vehicles look more appealing, but what about when gas prices go up?
The Hidden Incentive: Federal Tax Credit
Okay, so it’s not really a hidden incentive, but it’s also not taken out of the price itself unless you factor it in yourself.
The $32,000 price we mentioned is the price of the car before the federal tax credit incentive is brought into play. This $7,500 credit actually brings the total price of the Volt down to less than $25,000. (And you thought electric cars were expensive!)
Is the Volt for Me?
The Volt is for everyone, not just urban driving and short commutes to work. It’s not a fully-electric car, so it’s not being held back by a short-range electric motor. It has an electric motor–which is good for 38 miles–but can travel a total of 380 miles with a full tank of gas as well. (According to Chevrolet, Volt owners who charge their battery regularly average more than 900 miles between trips to the gas station.)
The 2015 Volt may be at the end of its generation, but with great discounts, incentives, and incredible overall value for a plug-in hybrid, it’s more than worth a test drive (at the very least)!