Wednesday, July 28, 2010

Chevy Volt officially priced at $41,000, $350/month on a three-year lease

It may not exactly be a huge surprise at this point, but GM has finally revealed that the official base price for its Chevrolet Volt  will be $41,000 (including a $720 destination charge). That price is before the $7,500 federal tax credit, however, which will bring your eventual end cost down to a slightly more reasonable $33,500. Those looking to get on the road for even less up-front can also opt for a three-year lease, which will run you $350 a month after a $2,500 down payment.

As Autoblog notes, you'll also have an option to purchase the car at the end of the lease, so GM won't be repeating its infamous EV1 scenario. Still too much for you? Then you might just want to wait a bit -- GM says it will also be offering the Volt with less features and a lower price point "within a year or two."
[source]

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