In a similar move as the Nissan Leaf earlier in the year, Chevrolet has announced that it will cut the starting price of the 2014 Volt by around $5,000. For its fourth year on the market, the Volt will now have a starting price of $34,995 (*including $810 for destination), but there is no word yet as to when the new model year goes on sale.

This new price compares to the $39,995 as-delivered sticker price from last year's model, and it means that the Volt can now potentially cost owners as little as $27,495 factoring in the $7,500 federal tax credit. In addition to the lower price, the only other changes being made to the 2014 Volt are two new exterior colors for 2014 – Ashen Gray Metallic and Brownstone Metallic – along with a leather steering wheel. Scroll down for the official press release.

*Note: 2013 Volt pictured.
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2014 Chevrolet Volt Now Offers Even Greater Value
Pricing for the 2014 model will start at $34,995

2013-08-06

DETROIT – The Chevrolet Volt, already recognized for having the most satisfied owners will soon come with another people pleaser: a lower price. The 2014 model will start at $34,995, including an $810 destination fee (excluding tax, title, license and dealer fees).

If consumers include federal tax credits ranging from $0-$7,500 (depending on individual tax liability), pricing could start at $27,495. Individual tax situations differ, so consult a tax professional prior to claiming any credits to confirm eligibility for vehicle tax benefits.

"The lower price and cost savings from driving on electricity provide Volt owners an unmatched balance of technology, capability and cost of ownership," said Don Johnson, U.S. vice president, Chevrolet sales and service. "The 2014 Volt will offer the same impressive list of features, but for $5,000 less.

"We have made great strides in reducing costs as we gain experience with electric vehicles and their components," Johnson said. "In fact, the Volt has seen an increase in battery range and the addition of creature comforts, such as a leather-wrapped steering wheel and MyLink, since its launch in 2010."

Volt owners who charge regularly typically drive 900 miles between fill-ups and visit the gas station about once a month. The 2014 Volt will continue to provide owners with impressive fuel economy of 98 MPGe (electric) and 35 city/40 highway on gasoline power without any need to change their daily driving habits while saving $900 in annual fuel costs. Today's Volt owners have logged 364 million miles, including 225 million electric miles.

The Volt's lower price also changes the comparative set of vehicles on popular auto information sites like kbb.com, Edmunds.com and cars.com, where visitors to these sites can search for a new vehicle by type and/or prices. The Volt's lower price will broaden its exposure to price-sensitive prospective buyers using these sites to search for a plug-in electric vehicle or a gas-powered alternative sedan.

The Volt continues to be the best selling plug-in vehicle in America and is attracting new buyers to the Chevrolet brand. More than 70 percent of Volt buyers are new to General Motors. Not surprisingly, the Toyota Prius is the most frequently traded-in vehicle for a Volt.

California continues to be Volt's largest market. The 2014 Volt will continue to offer a low emissions package that earns the Volt a coveted "sticker" for single-occupancy HOV lane access in California and New York.

The Chevrolet Volt allows gas-free driving for an EPA-estimated 38 miles (61 km), depending on terrain, driving techniques and temperature. The range-extending engine gives the Volt up to 380 total miles (615 km) of total driving range. The 2014 Volt will start to be available in dealer showrooms late this summer. Chevrolet will introduce two new colors – Ashen Gray Metallic and Brownstowne Metallic for the 2014 model year – and a leather-wrapped steering wheel.


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    • 1 Second Ago
  • 74 Comments
      paulwesterberg
      • 1 Year Ago
      Buyers have been able to purchase vehicles for much less than msrp for a while now, but it takes more dickering with dealers. Hopefully the officially lower price will lure more buyers to take test drives and compare the volt with other vehicles. With the $7,500 tax credit this makes the volt purchase price reasonable when compared to many other vehicles, but it will save you a lot more money on gas in the long run.
      Avinash Machado
      • 1 Year Ago
      Great news.
      Yellowstone Jack
      • 1 Year Ago
      Still out of my range.
      Technoir
      • 1 Year Ago
      It's a huge improvement. I can't wait to see sales pick up! As a side note, I'd love to see a design refresh...perhaps a new front fascia...as this design is getting long in the tooth.
      vizcarmb
      • 1 Year Ago
      Thank you early adopters!!!
        MTN RANGER
        • 1 Year Ago
        @vizcarmb
        You're welcome!
        hodad66
        • 1 Year Ago
        @vizcarmb
        you are quite welcome!! Looking forward to seeing what the 2015 Volt will look like. (when my current lease is up)
        VL00
        • 1 Year Ago
        @vizcarmb
        Your'e welcome
      jthomas35712
      • 1 Year Ago
      Awesome! Thank you GM. I can swing paying $27k (after the rebates). This is in the Toyota Prius price range. I am highly considering getting a Volt now. Especially since there's no way I can afford a Tesla Model S at this point in my career. I've certainly noticed all the awards and good auto magazine reviews that the Volt has gotten in the last few years. I hear that just about everyone that buys a Volt is a happy camper. I'm seeing lots more of them on the road these days. They look better in person than in pictures. I'm sure I looked like an idiot in the parking lot walking around staring at one a few weeks ago.
      NAIF S
      • 1 Year Ago
      They should just quit building it. If the tax-payers were not subsidizing it they would.
        Wepp
        • 1 Year Ago
        @NAIF S
        There are about 138 million tax filers in the US. Of those, 73 million (53%) pay federal income tax. In FY2012, 24,196 Chevrolet Volts were sold, for a total of about $181.4 million having been used to fund the tax credits. That works out to about $2.49 per tax paying citizen. I will happily mail you a check for this amount, as I was one of those FY2012 purchasers. For comparison's sake, the 2012 budget for DOD spending was $707.5 billion. Spread evenly between 73 million tax payers, this works out to $9,692 per tax payer. Considering that this is 3,892 times more than what has been spent on electric vehicle tax credits, it seems wise to direct mental energies in this direction, instead of using them to attack the EV tax credit program.
      eric.sales
      • 1 Year Ago
      Proof of a very bad business plan. When you introduce a new product to market, it goes upscale. Take when the 1st dvd players, flat screens came out they were costly for a reason. For a car with new tech such as a drive train, logic should guide you to make a "flashy,sexy, high end sports car or lux coupe." But what does good ol GM do? no let's put this new tech in a bland car with mid level quality, bland styling, a mid price car interior. Then lets sell it for a price of a 3 series yeah that'll get people to buy. What they should have done is 1st put out the Caddy ELR THEN the volt.. Telsa did it correct high end flashy sports car then a sedan. They keep cutting the price & sells are still lagging..
      GR
      • 1 Year Ago
      SWEET! This should gin up more sales in the next few months. I was hoping for a 5 seater Volt as well but I guess that'll have to wait until next year. Nice work Chevy!
      tiger
      • 1 Year Ago
      I can hear Laser the Looser now...
      • 1 Year Ago
      [blocked]
      pickles
      • 1 Year Ago
      The Volt is cool. Read reviews written by owners who have them and it becomes cooler. People LOVE their Volts. I'd offer though that Chevy needs to address equipment levels. Facing facts, Volt owners are a highly educated, well-off group of the market. There should be a higher-end trim level. Add a sunroof, some wood-trim inside (I gag as I write that) just to differentiate it further from the Leaf, Energi Fords. Sure it's great to cut the entry price but people love to brag about what their cars have..
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