Next week, General Motors will officially unveil the second-generation 2016 Chevrolet Volt electric car at the 2015 North American International Auto Show in Detroit. Heavily promoted by Chevrolet over the past few months with sneak peaks, preview videos and a healthy dose of social media evangelising, the all-new Volt is expected to improve on the 38-miles of EPA-approved range of the outgoing model, massively improve its gasoline fuel efficiency, and probably introduce new telematics services designed to make owning the range-extended electric car even more appealing to buyers.
If you’re the kind of person who likes the thrill of the latest gadget or the newest model year car, the chances are you’ll be eagerly awaiting the official Volt unveil as eagerly as those of us in the automotive press who have to cover its launch.
But if you’re just in the market for an efficient reliable plug-in, next-week’s 2016 Volt announcement will undoubtedly unleash the kind of dealer and finance discounts that makes the outgoing Chevrolet Volt a car that’s well-worth considering.
We’ve been looking around online at both official and unofficial deals for the current outgoing Chevrolet Volt, and we’ve seen several impressive deals, including 0% finance deals on 2014 model year Volts, cash-on-the-hood deals, and $299 lease specials.
On its official website, Chevrolet details a 0%, 48-month finance offer for 2014 Volt purchases, while there’s a 2.9%, 48-month finance deal for those wanting a slightly newer 2015 model year car.
There’s also a $299 per month lease deal over 36 months on 2015 model-year Volts, with $1,689 due at signing for all current GM owners or $2,189 due at signing for new customers.
But as some Volt owners are detailing on forums like GM-Volt.com, dealers are willing to offer much larger discounts to shift the outgoing model.
One such new owner in the U.S. posted earlier today that they had just taken ownership of a summit white 2014 Chevrolet Volt with the Safety 1 package and leather interior for just $28,500 before $7,500 federal tax credit, made up of a $6,500 discount off MRSP, a $1,000 official GM rebate and a $1,000 ‘private offer’ from the dealer. While they’ll have to wait another year to gain their federal tax credit back, the effective price paid for the car after rebates and tax credits will be just $21,500.
Naturally, the deals you’re likely to find will depend on where you live and how much in-demand Volts are in your area. But once the official unveil happens next week — and we advise waiting until then just to make sure you don’t want the newer model — expect dealers across the U.S. to gradually lower the price of 2014 and 2015 model year Volts to really affordable prices. With sales low over the past few months, expect any dealer to offer some significant cash-on-hood or finance deals to clear the lot, especially for cars which have sat on the lot a while.
If you can avoid drooling over the new Volt, you might just find yourself a great deal. While GM promises the new Volt will be better equipped and more efficient than the outgoing model, we think anyone with a sub-40 mile daily commute or workplace charging should certainly still consider the outgoing Volt as a car worthy of a test-drive before writing it off as last year’s model.
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