Chevrolet Announces Pricing For The Volt, Is It DOA Vs. The Nissan Leaf?

Chevrolet Announces Pricing For The Volt, Is It DOA Vs. The Nissan Leaf?
Here we go! After years of waiting and anticipation for General Motor's electric vehicle, the Volt, it has finally made a move.

Today, pricing was announced at $41,000 MSRP. After the Federal income tax credit, the Volt will come in at $33,500. And Chevrolet will even offer a lease program with payments at $350 a month -- assuming a 36-month term lease with $2,500 down.

With that said, you have to ask yourself, how will this fend off the Nissan Leaf?

The Leaf weighs in at a substantially less price of $32,780, which means it will only cost $25,280 after the tax credit.

Has Nissan "sealed the deal" since it JUST announced today that it will provide the Leaf with an 8-yr/100,000 mile warranty for its battery pack?


ChevroletVoltage.com and General Motor's Tony DiSalle -- Volt Marketing Director -- follows:

Starting today, you can take part in history by placing your order for the 2011 Chevrolet Volt. This moment is the culmination of several years of around-the-clock, steadfast work and I know I speak for the entire Volt team when I say we couldn’t be more excited!

For those of you looking to be among the first to own a Volt, simply locate and contact a participating Chevrolet dealer in Volt launch markets at GetMyVolt.com. Once your order is placed, a Volt customer advisor will contact you to answer questions and keep you updated on the progress of your order.

We’ve also pulled together a team of Volt advisors who, beginning today, will be available at 1-888-VOLT4YOU (1-888-865-8496) to answer general questions. The Volt will initially be available to customers in California, New York, Washington, D.C., Texas, Michigan, Connecticut and New Jersey, but will be available nationwide in about 12-18 months from start of production this winter.

As far as the price, the Volt’s official MSRP is $41,000 – or $33,500 (including DFC) after the $7,500 U.S. Federal income tax credit. We are so confident in the resale value of the Volt, we will also offer a lease program with monthly payments as low as $350 (based on a 36-month term lease and $2,500 down), which also includes a lease-to-buy option.

Why are we so confident?

The Volt is an electric vehicle that gives you the freedom to drive wherever you want, whenever you want. With the Volt’s extended-range capability, you can drive electrically up to 340 miles on a full battery and tank of gas, with up to the first 40 miles powered by electricity from the grid. Plus, the Volt is an electric vehicle for all climates and seasons, comfortable in the freezing temperatures of the Northeast to the scorching temperatures of the deserts out West – we know, we’ve tested the Volt extensively in these conditions.

Plus, the Volt comes standard with an unprecedented battery warranty – eight years or 100,000 miles on all 161 battery components, the thermal management system, charging system and electric drive components. It will also be the first Chevrolet vehicle to offer, at no additional cost, five years of OnStar Directions and Connections service, which includes automatic crash response, stolen vehicle assistance and connected navigation.

And speaking of OnStar, the Volt gives you an unprecedented level of connectivity with the Chevrolet Connect mobile app by OnStar. This Volt mobile and web-based app will allow you to set the charge time, start your Volt, track mileage, unlock the doors and much more from your smart phone and even your home computer.

In fact, the personalized and connected ownership experience is just getting into full swing when you take delivery of your Volt because we’re creating a website designed specifically for Volt owners to collect diagnostic information as well as track and share your vehicle’s performance.

I could go on and on all day about all the benefits and premium features the Volt has to offer, such as screen-based navigation, an energy-efficient Bose premium sound system, Bluetooth for phone with phone book access and more, but then I would be keeping you from locating your dealer and placing your order. You can find more info at GetMyVolt.com.

It’s been a remarkable journey, and we’re confident you’ll be delighted with the outcome when you receive your Volt. The future is electric – we hope you’ll join us for the ride.

And make sure to join me here on Voltage later today for a video webchat from the show floor of Plug-In 2010 where Volt vehicle line director Tony Posawatz and I will answer your questions live at 4 p.m. EDT/1 p.m. PDT.

[Source: ChevroletVoltage.com]








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pepito66pepito66 - 7/27/2010 2:19:23 PM
+1 Boost
Wow is a high prices so we really need to see in person to check it how smart is to buy one of this and what about the warranty.


chewychewy - 7/28/2010 8:41:14 PM
+1 Boost
Chevy is only looking to sell 10,000 a year, so it doesn't look like they are discounting at start and selling it for its true price.


Agent009Agent009 - 7/27/2010 2:27:10 PM
-4 Boost
Freakin DOA!

Most people say they want to be green, but VERY few will pay for it. Even at $30K it was a hard sell.


Joe_LimonJoe_Limon - 7/27/2010 2:55:19 PM
-5 Boost
If I was forced to choose an eco car from my own pocket, i'd rather spend the extra $8,000 for a vehicle I don't have to continuously worry about charging, even if the vehicles were exactly the same mechanically, I'd think twice about getting a volt over that hideously ugly leaf. The Leaf is at Aztek/Cube/xB levels of ugliness.


0to600to60 - 7/27/2010 3:55:24 PM
-3 Boost
the cube is cute


LexusLexus - 7/27/2010 3:05:03 PM
0 Boost
It definitely look better than the Prius but dawn, at $41,000 and with Federal incme tax down to $33,500 this Chevy Volt which has NOT been proven itself in REal World, it is way to much.




JRobUSCJRobUSC - 7/27/2010 3:22:29 PM
+3 Boost
Why would the Volt be DOA? Can you even buy the Leaf? I thought I read they were only offering them for leases. If that's the case then who cares if the MSRP of the Volt is higher. The lease on the Volt is the same as the Leaf. Even if you can buy the Leaf and the Volt, the Volt has several advantages in that it is a larger car, and it has a longer range. It's also a lot better looking. I don't see the Volt being DOA at all because of that. And to everyone complaining about $33k after tax credits, you can spend that much on a nice Accord, Mazda6, Camry, etc. So it's not like the price is really that high. It's frankly kind of ridiculous that so many people on here expect them to just be giving them away.


Agent00RAgent00R - 7/28/2010 9:45:14 AM
+1 Boost
@JRobUSC

Yes, you can buy the Leaf although it appears that many of the early adopters will be leasing.


0to600to60 - 7/27/2010 3:26:09 PM
+1 Boost
That lease price isnt bad. I would consider leasing one.


lewishamiltonpimplewishamiltonpimp - 7/27/2010 5:44:12 PM
+1 Boost
If I'm reading this right, the Volt will only go 40 miles on batteries??


thstonethstone - 7/27/2010 6:03:58 PM
+1 Boost
The early adopters (shall I call them the greenest of the green) are going to pick the Leaf over the Volt, but the Volt will be more acceptable to a more mainstream buyer looking for something better than an economy e-car.


upwardsupwards - 7/27/2010 11:31:28 PM
+4 Boost
The leaf will be D.O.A if it runs out of battery power on the road while the Volt will just engage it's small generator and keep going.

Volt over leaf that easy.


Agent00RAgent00R - 7/28/2010 9:46:41 AM
0 Boost
Although people with range anxiety will see it your way, I am willing to wager that HUGE price differential will deter some consumers from the Volt.

Plus, if you live in a city will you even require that extra range?


uaw_laxuaw_lax - 7/28/2010 10:05:00 AM
-2 Boost
I agree with upwards the Volt is the better of the two and will come with navi, onstar, and a much better looking interior than the leaf along side a pair of aces the generator to get your azz back home why buy a car you cant take out of town? Also I learned today that the 40 mile range is 40 miles at a speed of 100mph and is very conservative GM was right to play it safe.


JRobUSCJRobUSC - 7/30/2010 11:14:02 AM
+1 Boost
00R, you might not need the range daily, but I would be hardpressed to be $25k for a car that literally CAN'T be used for a trip. Someone who lives 300 miles away I could drive to in a day with any car, including the Volt. In the Leaf that would be a three day trip each way. The Volt is simply a much more practical car than the Leaf.


WhelanWhelan - 7/28/2010 9:58:35 AM
+4 Boost
Bottom line is you need a Government Tax credit to be enticed to purchase these cars right from the get-go. The Leaf to me is even overpriced at over 30k before tax credit. I don't count discounts at the point, I let the dealer work for me not the government when buying a car.

For that cash you can get a loaded 2011 Subaru WRX and still save a few gran easily. Or get an STI base. Either way, you won't make me green with these numbers.

The problem here is that most people who want to be green (general public not buying 30-40k cars) will stick with their small commuter boxes instead of these. Reason being that the cost is not justifiable over the term of owning the vehicle. If you put $2,500 down on a Volt, lease it for a few years and save even $100 a month. That is only $3,600 over the lease term, subtract your deposit and you only saved $1,100 over a 3 year period? I can save that in less than a month.


uaw_laxuaw_lax - 7/28/2010 10:00:51 AM
0 Boost
"commuter boxes" I like that lol


thstonethstone - 7/28/2010 11:33:24 AM
+1 Boost
Question: Will the Leaf take a bite out of Prius sales?


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