The 2011 Chevy Volt sold incredibly well, which is why the car maker has decided to cut prices on the 2012 model. The base price for the 2012 Chevy Volt is $39,145, which is around $1500 less than the 2011 model. The Chevy Volt is on sale across the US, and the automotive company hopes that it will be able to sell a record number of cars before the end of the year. The fully electric car comes with a number of new features, which will hopefully entice consumers.
With the $7500 federal tax credit, buyer will only be paying around $31,000 for a brand new electric car. Of course, Chevy has to compete with other electric cars that are on the line. The Nissan Leaf is priced similarly and Ford is about to release the Electric Focus model. Car makers regularly reduce the price of their new cars if they think that the gamble will pay off. The Chevy Volt was featured heavily in the auto show circuit earlier this year. While many auto analysts believe that the Chevy Volt is a good buy, there simply might not be enough consumers around to help Chevy get to its bottom line.
For now, shoppers will be able to get the 2012 Chevy Volt for an attractive price, but Chevrolet may decide to go back to its original pricing plan at any time. Sales of the used 2011 Chevy Volt have also been respectable. If enough buyers turn out, the automotive maker might even decide to reduce the price of the Volt even further.