Chevy has released pricing for the 2011 Volt, and the priceof admission starts at $41,000. Someone correct me if I’m wrong, but that makes the volt the most expensive sedan in Chevy’s history. As the manufacturer is quick to point out, a Federal income tax credit will lower the price by $7,500, for a “street price” of $33,500.00.
The best option for those who want to be Volt early adopters is probably Chevy’s 36 month lease, just in case all of the bugs haven’t been worked out. The lease requires $2,500 down at signing, and will set you back just $350 per month after that. Chevy didn’t specify how many miles you get for that price, but I’ll go out on a limb and guess 10,000 per year, with a substantial up-charge for anything over that. As with any lease contract, be sure you know the details before you sign on the bottom line.
Initially, Volts will be delivered to customers in California, New York, Michigan, Connecticut, Texas, New Jersey and Washington D.C. only. All models will come standard with a 120 volt charging cord, which will allow owners to recharge the Volt’s battery pack overnight. Unlike the Nissan Leaf, the Chevy Volt will be capable of extended range driving, thanks to a gasoline powered onboard generator that recharges the lithium ion batteries.
I’m not sure when Volt models will hit the press fleet, but we’ll give you a full review once we have a chance to drive one.