Chevrolet recently declared that it would be revising the prices of the latest model of the 2016 Volt. The question is whether or not the company will get a bigger pool of buyers who would be interested in purchasing this hybrid plug-in vehicle. The pricing of this vehicle is inclusive of the delivery charges thereby starting at a price of US$33995. This figure was disclosed by an email that the company had sent on Sunday.
This pricing involves a price cut that exceeded US$1000 as against the earlier outgoing model of this car of 2015. This may in a way disappoint several fans of the Volt who had anticipated that the price fall would reach a level of US$30000. However, the current figure does get a little close to average market price of this new vehicle. This price cut of US$34000 gets the current Volt quite close to this new vehicle’s average price.
As per the earlier month’s transaction report, a light vehicle in U.S. was sold for US$33560. This latest Volt model qualifies for the income tax amount of credit worth US$7500 which is for the set of electric vehicles. It also includes a rebate of US$1500 which will be received from the California state. It is anticipated that the prices will go low to almost US$26495 which will be received after the entire amount of credit from the federal government of US$7500.
The latest 2016 Volt model offers a host of choice when it comes to the charge of the single battery. The car also enables one to drive to a level of fifty EV miles which is based on only one charge. This shows an increase in range by almost 30%as against the earlier model.