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Volt Pricing Set

7/26/2010 10:00:00 PM

Chevrolet also plans to offer a lease program on the Volt with a monthly payment as low as $350 for 36 months plus $2,500 due at lease signing.

Chevrolet Volt will sell for $28,500 in California after federal and state rebates, GM announced in July 2010. Image courtesy: General MotorsGeneral Motors this week announced a starting price at $41,000 for its Chevrolet Volt plug-in hybrid electric vehicle (PHEV). The federal tax credit totals $7,500, bringing the cost down to $33,500. However, the Volt does not qualify for the California Air Resources Board's Clean Vehicle Rebate of $5,000 because it does not currently meet program requirements for vehicle certification. According to GreenCarCongress, "...to qualify for the CVRP, plug-in hybrid electric vehicles must meet the Enhanced AT-PZEV definition as defined in the California ZEV Regulation section 1962.1(i), Title 13, CCR, including the SULEV, evaporative emissions, onboard diagnostics, extended warranty, and zero-emission Vehicle Miles Traveled (VMT) and advanced componentry PZEV allowance standards as defined in section 1962.1(c). With an 8-year, 100,000-mile warranty on its battery pack, the Volt doesn’t meet at least one of the Enhanced AT-PZEV requirements to qualify." [MORE]

 


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