Due to a big federal tax credit, the 2016 Chevy Volt is now more attainable than ever. Though it also helps a lot if you live in California.
Sure, the $7,500 federal tax credit applies nationwide (thus the word “federal”), but if you live in California, there are state-level tax credits that can help drop the car’s $33,995 MSRP even more.
After all is said and done, you could walk away with a brand new, 2016 Chevrolet Volt for just under $25,000.
The director of Chevrolet marketing for cars and crossovers, Steve Majoros, said:
“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.“
What’s so special about the 2016 Chevy Volt?
Unlike most other hybrids, the Volt will offer a seriously impressive 50-mile, electric-only, driving range. That’s a 31% improvement over the first-generation model.
That means most people will able to drive their daily commute, entirely on battery power.
Add a full tank of gas on top of that, recharge your Volt regularly, and you could be able to drive about 1,000-miles before having to hit a gas station.
Taking a longer trip? Well the car is still a hybrid, and its 1.5-liter Ecotec 4-cylinder range-extending engine can take you out to about 400-miles in one trip.
So if you have a short commute, care about the environment, and live in California, you can get a new Volt for a decent price. (Or just save up for a Tesla.)