GM Announces Volt Plug-in Hybrid Price

GM Announces Volt Plug-in Hybrid Price

by Justin Manger on July 27th, 2010

$41,000. That’s the price of the new 2011 GM Volt plug-in hybrid vehicle. That price is also near the National Average Wage Index, so out of reach of most consumers. A $7,500 tax credit can take the price down to a more affordable $33,500. That’s still pricey. However, GM is pushing a leasing program that will allow drivers to get the Volt for $350 per month with $2,500 due at signing. GM will initially ship only 10,000 units, aimed at high-end first adopters. Announced today, the press release includes these main points:

Manufacturer’s Suggested Retail Price starts at $41,000 ($33,500 net of full federal income tax credit, which ranges from $0 to $7,500); Lease payment on a 36-month lease at MSRP as low as $350 per month with $2,500 due at lease signing including security deposit

OnStar provides unprecedented connectivity through Volt mobile app; five years of OnStar (Directions and Connections)service standard

Volt’s eight-year/100,000-mile battery pack warranty provides added peace of mind

Volt can be your primary car; approximately 340 miles of total range provides freedom to drive wherever, whenever.

Detailed information and answers about the car that can go 40 miles without using gasoline can be found here.

At first the Volt will only be available in California, New York, Michigan, Connecticut, Texas, New Jersey, and the Washington D.C. area before rolling out nationwide. GetMyVolt.com will let you know which nearby dealers have the car and can start processing your application today.

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