2016 Chevrolet Volt Gets $1,115 Price Cut

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The new 2016 Chevrolet Volt will be cheaper than the outgoing model.

The American automaker has revealed that the new Volt will be priced from $33,995 including destination, which is a bit cheaper than the current 2015 Volt that is priced at $35,110. If you include the federal tax credit, the 2016 Volt can be had for as low as $26,495 and shoppers in California can take advantage of state credits to drive off at around $24,995.

Redesigned for the 2016 model year, the new Volt features a smaller, yet more powerful battery pack that gives it an all-electric range of up to 50 miles. Under the hood is a new four-cylinder engine from the American automaker and the second-generation Voltec drive from GM.

SEE ALSO: 2016 Chevy Volt Bows With 50-Mile Electric Range

This is the second time Chevrolet has dropped the price on the Volt, reducing the 2014 model by $5,000.

“The next generation Chevrolet Volt delivers more technology, the ability to drive further between gas fill ups and now with even more value to our customers. It’s what our loyal Volt owners told us they wanted,” Chevrolet marketing director Steve Majoros said. “We are confident we will continue to attract new customers to Volt with the vehicle’s product improvements and attractive price.”

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