GM is slashing more than $1,000 off the price of the redesigned-for-2016 Chevrolet Volt. The new Volt has more electric range (50 miles) and better gas mileage (41 mpg combined) once the engine-generator kicks in over its previous generation. Those numbers are still awaiting EPA certification, but one number is not: $33,995. That’s the price of the 2016 Volt, including a destination fee but before any tax incentives, when it goes on sale late this year. And it’s $1,175 less than the 2015 Volt.
Related: Inside the 2016 Chevrolet Volt (26 Photos)
If you qualify for the maximum $7,500 federal tax credit, the Volt starts at $26,495. Certain states tack on additional tax credits; GM reckons California residents, for example, could bring home a Volt for as little as $24,995, or about the same prices as a Chevy Cruze LTZ.
Standard features on the 2016 Volt include the next generation of Chevrolet’s MyLink system, a larger dashboard display (8 inches versus 7 inches) and 3.6-kilowatt onboard charging, up from last year’s 3.3 kilowatts.
That should make charging times “a little bit less [but] not much because of the extra range,” GM spokeswoman Michelle Malcho said. The last Volt was EPA-rated at 38 miles of electric range with 37 mpg combined thereafter. Its engine-generator also required premium fuel; the new Volt’s system doesn’t.
Other standard features generally carry over, Malcho said. That includes keyless access, automatic climate control and Bluetooth phone and audio streaming.
She said a “premier package” starts at $38,345, including a destination charge, and it adds leather seats plus Bose premium audio. That’s how the Volt tops out; it’s a simple pricing structure.
If you want to know more about what makes the new Volt tick, check out our First Look when GM debuted the redesign at the 2015 North American International Auto Show.