Prior to its launch this summer, General Motors has promoted the superiority of the 2016 Chevrolet Volt. The automaker started by displaying the car’s specifications online, but was skeptical about revealing the price. It is unclear whether General Motors will price this new model effectively. Cost is a rather sensitive issue and this is especially true with GM and its extended-range electric car. Talk has been that the 2016 Volt might retail below $30,000, and this was prior to the December 2010 launch of the original 2011 model. The speculation later proved to be unrealistic, especially when an almost $40,000 sticker price was placed on the compact Chevrolet.
Following the leads of Nissan and other automakers in the year 2014, the price of Volt dropped to just less than $35,000. A major question now is the price tag that will be placed on the 2016 Chevrolet Volt. In an interview, Andrew Farah, the lead Volt engineer did not specify the price of the new Volt. A goal of whittling off $10,000 had been put as per the previous reports. This is however yet to be confirmed. While GM gauges excitement, touts benefits and refines the last details of the 2016 Chevy Volt, the company has been noticeably quiet about the pricing details. A decent starting point of $29,995 has been suggested by the speculators on GM-Volt.com. Some have suggested a low of $27,995 and a fair price of $39,995, as well.
The question of price may be solved between June and July when General Motors will make the official announcement that everyone has been waiting for. The automaker plans to give a price to alternative-energy products as per to what is thought to be worthy. For the 2011 Volt, many people were given a jolt starting price of $40,000. The sales never took off as predicted, combined with politicized backlash and other factors. Therefore, the initial forecast of 45,000 U.S. sales by GM was altered by the end of the year 2011 to fit the supply versus demand.
According to GM, the 2016 Chevy Volt will be a mainstream vehicle. The outgoing lame duck Volt sold a total of 18,805 units in 2014, with 23,094 Volts sold in 2013 while and 23,461 in the year 2012. The automaker claims that this model with have a broader appeal. It will not only market it more cleverly, but also give sufficient support to its dealers. Analysts have projected that about 24,300 Volt units will be sold for the first year.