Chevrolet has announced a significant price cut for the 2014 Chevrolet Volt electric car. The new starting MSRP for the vehicle will be $34,995, making it $5,000 cheaper than the previous model. The $34,995 price also includes the $810 destination fee.
The starting price is for a base level car without any optional equipment. The 2014 Volt is EPA rated for 38 miles of electric driving and 37 mpg in combined range extending mode with the gasoline engine in use. The only changes for 2014 are a leather-wrapped steering wheel and two new paint colors.
Enhanced Features and Performance
The new paint colors include Ashen Grey Metallic and Brownstone Metallic. These new color options provide buyers with more choices to personalize their vehicle. The Volt qualifies for the income tax credit of $7,500 from the federal government and various other incentives from states. These incentives can significantly reduce the effective cost of the vehicle, making it more accessible to a broader range of consumers.
The Volt is still the best-selling plug-in electric vehicle in the country. Its popularity can be attributed to its unique powertrain, which combines an electric motor with a gasoline engine. This setup allows the Volt to offer the benefits of electric driving while eliminating range anxiety, a common concern among electric vehicle owners. The 38-mile electric range is sufficient for most daily commutes, and the gasoline engine provides additional range for longer trips.
Market Impact and Consumer Benefits
The price reduction is expected to make the Volt more competitive in the growing electric vehicle market. With more automakers introducing electric and hybrid models, Chevrolet’s decision to lower the Volt’s price is a strategic move to attract more buyers. The lower price point, combined with federal and state incentives, makes the Volt an attractive option for environmentally conscious consumers looking to reduce their carbon footprint without sacrificing convenience.
In addition to the financial incentives, owning a Volt offers several other benefits. Electric vehicles typically have lower maintenance costs compared to traditional gasoline-powered cars. The Volt’s electric motor has fewer moving parts, which means less wear and tear and fewer repairs. Additionally, electric driving is quieter and smoother, providing a more pleasant driving experience.
Chevrolet has also focused on improving the Volt’s technology and connectivity features. The 2014 model includes an updated infotainment system with enhanced navigation and smartphone integration. These features make it easier for drivers to stay connected and access important information while on the road.
The Volt’s safety features are another selling point. The 2014 model comes equipped with advanced safety technologies, including a rearview camera, lane departure warning, and forward collision alert. These features help to enhance driver awareness and reduce the risk of accidents.
Overall, the 2014 Chevrolet Volt offers a compelling combination of performance, efficiency, and value. The significant price reduction, combined with federal and state incentives, makes it an attractive option for consumers looking to make the switch to electric driving. With its unique powertrain, advanced technology, and strong safety features, the Volt continues to be a leader in the plug-in electric vehicle market.
via Greencarreports
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
