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2016 Chevy Volt to start at $33,995 MSRP

Pricing for the 2016 Chverolet Volt (earlier post) will start at $33,995 MSRP, including an $825 destination fee (excluding tax, title, license and dealer fees). This is almost $1,200 less than the current-generation Volt.

Pricing will be as low as $26,495 after the full federal tax credit of $7,500. (Federal tax credit can range from $0 up to $7,500.) In California, the vehicle’s largest market, residents of the state will be able to purchase the all-new Volt for as low as $24,995 after state and federal incentives.

Nearly 70% of Volt owners traded in a non-GM product or added to their household fleet in 2014, the highest of any Chevy nameplate. The number one trade-in for the Volt is the Toyota Prius. To date, more than 75,000 first-generation Volt owners have driven hundreds of millions of EV miles.

Volt owners who charge regularly can expect to drive an estimated 1,000 miles or more between fill-ups, based on GM testing. The 2016 Volt will provide owners with fuel economy of a GM-estimated 102 MPGe (electric) and 41 combined mpg on gasoline power.

The new Volt will offer a GM-estimated 50 miles of all-electric driving range on a single charge, a 31% improvement over the first-generation Volt. This means new Volt owners should anticipate that approximately 90% of trips in a new Volt will be driven all-electrically.


If you drive 15,000 miles a year and pay an average of $3 gallon the break even point is about four years. So after 4 years you save about $1,500 every single year after that.

Not too bad, especially considering that today’s low gas prices will undoubtedly go back up soon. If we see $4.50 gas again you’ll save another $750 per year, $2,250 total. That would be $27,000 over the life of the car.

The Volt, like most EVs, can truly pay for itself in fuel cost savings. That’s a pretty good deal.


I'd say more like 7 years 105,000miles(of all EV miles) on $3 gas, but it is getting better than it was in the past. but again it is up to interpretation on the value added features that you may get. (which is possible for the original owner to recup)
Maybe 6 years or 90,000 ev miles on the low end.

It would be much much easier to argue if the volt were in a bigger class of car.

Small cars in its class like the Honda Civic can get 39mpg. If it were in a larger class, it may do much better on the payback.
(I used $.092 for the Kwh rate, $3 for gas, a price differential of $4,885(which is really low), 39mpg, and 36kwh/100miles.) I had gotten 97,284 miles till payback. Depending on the car, and price difference it could go much longer/higher mileage before being cost effective. I think any favor I have shown the conventional ICE will be made up by ignoring possible non EV miles driven.

I will say, this is my favorite technology trend in the automotive world.

and yes, ECI if gas was at $4.50 it would be stupid not to have an EV capable car. My estimates give me about 50K miles before payback.

I just put this in excel so I can fiddle with the variables, that and I can compare gas to gas cars too.

The range I had seen being about nominally fair as I could was around 90K - 150K miles before pay back, depending on features and brand of car you were comparing too... but again it is in the realm of attainable and affordable, and there is the possibility for return on investment. These will sell much better than the old ones.

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