If you’ve been holding out to buy the 2016 Chevrolet Volt, instead of grabbing a 2015 model, we have some good news for you. The new model is getting a price cut.
Monday, General Motors announced pricing for the next generation plug-in and it starts as low as $26,495 after federal incentives. Without federal incentives it comes to $33,995, and that’s nearly $1,200 less than the current model. In California, the Volt’s main squeeze, drivers will be able to snag one for as low as $24,995. At the same time, the Volt is getting some battery improvements and Chevy says it hopes the lower price, combined with a better driving range, will attract new buyers.
“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. We are confident we will continue to attract new customers to Volt with the vehicle’s product improvements and attractive price,” says Steve Majoros who is the director of Chevrolet Marketing.
Fuel economy wise, the new Volt is set to get 102 MPGe (electric) and 41 combined mpg on gasoline power. Chevy says that drivers can expect to get around 1,000 miles or more between fill-ups at the pump if they charge regularly. The gas station really might become a bathroom stop only for new Volt drivers.
On electric-only, the second-generation Volt will have an improved 50 miles estimated driving range per charge. This is a 31 percent improvement from the first-generation and is Chevy responding to the desire of drivers to be able to go further on electric only. With this improved range, Chevy estimates that around 90 percent of Volt outings will be completed on electric only.
The improvement in cruising range is accomplished by a 12 percent more efficient dual motor system. It also can’t hurt that the new model has shed 100 pounds and has a new and improved design on the front and rear.
The 2016 model also offers improvements like a five seating arrangement versus the four of the last model. The debuting model in the Detroit Auto Show this January touted a 1.5-liter engine that no longer runs on premium but on regular gasoline. So even when drivers do have to make that rare foray to the pump they’ll be saving money.
One thing that will not change in the new model is that it will still take 13 hours to charge with a 120V outlet and around 4.5 hours with a 240V outlet.
The 2016 Volt will be hitting the road during the second half of the year.