2016 Chevrolet Volt Pricing Announced, California Buyers Can Get it For $24,995

Chevrolet published official pricing details for the 2016 Volt, and things are looking like this for those keen on buying one: the car's sticker will be $33,995 MSRP, including an $825 destination fee, but without considering tax, title, license and dealer fees.
2016 Chevrolet Volt 1 photo
Photo: Chevrolet
That's almost $1,200 less than the current-generation Volt. However, the PHEV's price tag will drop to $26,495 after the full federal tax credit of $7,500. Moreover, in California, clients will be able to purchase the all-new Volt for as low as $24,995 after state and federal incentives.

Last month, Chevrolet - who involved owners in the new Volt's development - decided to halt production of the 2015 Volt, a move that allows retooling for the 2016 Volt to be carried out at the Hamtramck plant.

“The next-generation Chevrolet Volt delivers more technology, the ability to drive further between gas fill-ups and now with even more value to our customers. It’s what our loyal Volt owners told us they wanted,” said Steve Majoros, director, Chevrolet Marketing

However, sales for the 2015 Volt have started to freeze in the last six months or so, with volumes going down as much as 48% compared to last year's performance.

What will clients get for their money?

First of all, the 2016 Volt uses a 1.5-liter, four valves per cylinder, direct fuel injection petrol unit good for 101 HP. In addition, the ICE (internal combustion engine) unit is assisted by two electric motors, delivering 149 HP and a maximum torque value of 398 Nm (294 lb-ft).

The new 2016 Volt also offers five distinct operating modes, thanks to its new Voltec system. Two of them are electric-only, and three are combined.
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