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General Motors Prices Volt at $41k

Breaking News

Chevrolet Volt "mule"

In brief: The extended range, plug-in hybrid electric (PHEV) Chevrolet Volt has received an official price tag of $41,000USD before incentives.

Vehicle in the news

Make/Model: Volt
Manufacturer: Chevrolet

The word

Volt

General Motors has announced the official price tag for the Chevrolet Volt at $41,000 before tax and other incentives. The car will not qualify for California rebates of $5,000 from the Air Resources Board (CARB), but does qualify for the full federal tax credit of $7,500.

This prices the Volt at $35,000 on the street (base price). Options can increase the price up to $3,600 more, of course.

As with other hybrids on the market, much of the Volt's price tag is receiving attempted mitigation through "amenities" added to the car - a strategy Toyota has used well with the Prius.

GM's concern, of course, is to sell the car without losing money and currently, the Voltec drive train is expensive. With time, that may change.

And so ...

Deliveries of the 2011 Volt begin in about three months with availability in select cities this year and early next followed by national availability during 2011.

Photo credits: General Motors

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