Posted on 02/29/2016 12:42:00 PM PST by Oldeconomybuyer
Production of the 2017 Chevrolet Volt plug-in hybrid began earlier this year, and the first vehicles will be arriving at Chevy dealerships nationwide shortly, with as much as a $1,000 incentive to help juice sales, reports Cars Direct.
Pricing for the 2017 Chevy Volt starts at $34,095, including destination, but does not account for the $7,500 federal tax rebate or any state or local incentives. The $1,000 incentive from GM is available to buyers in California, Connecticut, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Oregon, Rhode Island, and Vermont.
The all-new 2016 Chevy Volt debuted last year with 53 miles of electric driving range and a 42 MPG fuel economy rating from the U.S. Environmental Protection Agency.
(Excerpt) Read more at ngtnews.com ...
As a “child” of muscle-car Detroit...
I love you and your graphic!
Because selling a dozen pieces of sh** a year is their motto!
The first one to burn will shock everyone, I'm sure.
Tesla, right?
What’s the carbon footprint of all those batteries burning?
Oh, cute, a coal powered car!
I actually saw one yesterday on the road. It has been awhile.
WHOOPEE!!!
Damn.
Them tires burn forever!
What you did, I saw it....
Note bene: the $7,500 rebate is a scam, really, that is only meant to entice buyers but not really reward them for “being green”. The only way you can get that rebate is if you are either planning on leasing the vehicle in question (and then technically it’s the dealership who gets the rebate not you, although if you negotiate it they may pass the savings on to you) or if you don’t have any money coming back as excess payment for your taxes.
Example: if you have a rebate coming of $5000, and you buy this or any other car that qualifies for the $7500 rebate, you won’t get $12500 back you’ll only get $5000. Why? Because it’s not a tax credit. It’s only applicable for taxes that you owe and not any credit.
So the only way you can get the full benefit of this rebate is to actually work it so you owe $7500 when you file your taxes. Anything less is less of a benefit and if you owe nothing (or are due a rebate due to overpayment) then you get nothing.
Just a little FYI for anyone thinking of going electric and are inticed by this rebate. You won’t get the money to apply to the price of your car unless you owe $7500 in taxes that year (and even then it only goes to pay your tax bill; you’ll never get a check for $7500).
Didn’t GM have thousands of 2016 Volts left unsold?
Looks like any other Asian designed coupe/sedan.
Meh...
I just checked resale value of electric cars. There were lots of articles in the list indicating that electric vehicles were serious money losers. See the quote below for the flavor of the articles.
-A study by KBB on behalf of USA Today found that three electric cars at the top of the list of ten worst cars for depreciation.
The Nissan Leaf, Fiat 500e, and Smart ForTwo EV will only be worth 18%, 21% and 21.5% of their sale value, respectively, in about five years. Compare that to their gasoline counterparts which could be worth as much as 40% in the same time.-
The above is from...
http://jalopnik.com/electric-cars-depreciate-faster-than-their-gas-powered-1491543187
Watt, watt...watt did I do?
Sounds like I could replace the grandkids Barbie Jeep with a Leaf in a few years....
Who would buy that piece of crap?
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