Thousands of Unsold Chevy Volts Sitting At Dealer Lots
The current generation Chevrolet Volt is going through a serious sales slump, selling 2,779 units during the first four months the year and leaving 6,000 unsold cars sitting at dealer lots.
That represents a massive 46 percent drop compared to last years first quarter sales numbers. That leaves an outstanding number of unsold cars just sitting at dealer lots waiting to be bought.
With such a high number of unsold cars and an upcoming new generation model of the Volt, Chevy has been working hard to get rid of extra supply of 2015 units. The company recently added a $1,500 rebate to the price of the vehicle, and lowered the amount due on a lease signing from $1,449 to just $500.
SEE ALSO: 2016 Chevy Volt Bows With 50-Mile Electric Range
The American automaker is even waiving that amount due at signing with a $500 conquest bonus if you’re coming from a competitive vehicle. Finally, those who want to finance the Volt, Chevrolet is offering 2.9-percent financing on 2015 models for 48 months and zero percent on any remaining 2014 models.
The 2016 Chevrolet Volt will go into production this year and will be available in the second half of 2015.
[Source: Detroit Free Press]
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Sami has an unquenchable thirst for car knowledge and has been at AutoGuide for the past six years. He has a degree in journalism and media studies from the University of Guelph-Humber in Toronto and has won multiple journalism awards from the Automotive Journalist Association of Canada. Sami is also on the jury for the World Car Awards.
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Easy, send them to Colombia at a low price. I'll be one buyer.
The haters and critics always outnumber the intelligent and the doers... Witness the negative posts from people who couldn't buy a car let alone lease one without mama's signature. Of all the electric hybrids out there, the Chevy Volt is probably the best in performance and range. So why the slow sales? I believe Americans are not ready for these vehicles (from any manufacturer) as sales are slow across the board. When one looks at the good mileage figures on conventional vehicles, the attitude is "Why should I spend x dollars more for XYZ when I can save money both ways, in the purchase and the mileage." Remember the 50 mile range is all-electric and then the auxiliary gas engine kicks in to recharge the batteries. I have driven one and you cannot tell when the gas motor kicks in, it's that seamless. I will buy one as soon as we sell our horse farm and our intention is to move back closer to town. Chevrolet actually builds very good cars and trucks. In fact, even at age 76, I may well buy a Chevy dealership just to have something to do each day. I have the money, with the farm sold, I'll have more money and the time to devote to building a better dealership. Retired once, didn't like it, won't repeat that mistake. I like Chevy and remember, with great fondness, my B/Gas wheel standing Chevy powered gasser... back in the days "when gas was king."