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2014 Chevy Volt is $5000 Cheaper

2014 Chevy Volt is $5000 Cheaper

One of the big stumbling blocks for many people who might be inclined to buy an electric vehicle is the price tag, but a recent move by Chevy may put more of their Volts in the hands of the public.

According to GM, customers can get a discount on the 2014 Volt models, which would reduce the base price of the vehicles down to $35,000. With additional government rebates, that price could drop to as low as $27,500, which is much more affordable than the original $40,000 price.

“We have made great strides in reducing costs as we gain experience with electric vehicles and their components. The 2014 Volt will offer the same impressive list of features, but for $5,000 less.” – Don Johnson, a vice president at Chevrolet

With the Prius cost starting at around $25,000 and the Nissan Leaf at about $29,650, this recent price cut may make the Volt much more appealing to prospective buyers.

The Volt has a range of about 40 miles on full-electric power, and it also has a 37 mpg gasoline engine that will power the vehicle on longer trips, so it’s a realistic entry-level alternative vehicle purchase for many people. Find out more about the Chevy Volt here.

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