It’s official: Chevy Volt costs $41k before $7,500 tax credit. Pre-orders now open!

  • July 27, 2010 1:10 pm

Fancy saving a tree or two and happen to title yourself a nerd? There’s no doubt that Chevy’s ambitions Volt project has been a long time coming. Since the truck market bombed out a few years back, they’ve been scrambling to catch up to other manufacturers more fuel efficient and alternative fuel-powered vehicles. And up until now, the biggest mystery about the Volt was the price. Price it to high no one will buy it. Lucky for consumers, it looks like Chevy will make it relatively affordable, at a now confirmed base price of $41,000. Interested parties may even get a stab at the electric wonder vehicle for a far cheaper price, however. At stake is a tax credit totaling up to $7,500 as well as leasing options. Speaking of the latter, the leasing program looks like it’ll hit a little closer to more individuals’ homes with a $350 monthly payment and $2,500 due at signing.

But what good is a hot new geek car with relatively new and untested reliability without decent warranties and protection from the factory? Oh dear reader, jump on in and find out…

As far as warranties go, both fully owned and lease customers will be able to be at peace. Leases will be covered by a 3-year bumper-to-bumper warranty while fully owned customers will see the same 3-year warranty expanded to 6. On top of that, a 100,000-mile corrosion warranty and 8-year warranty on the battery packs also comes standard.

It looks like Chevy has quite a winner on their hands. I haven’t a shred of doubt that the 10,000 initial vehicles for 2010 will all be accounted for, perhaps all in pre-orders. Speaking of which, pre-orders are now officially open, with Chevy dealers being instructed to start taking said early orders. If you can swing the fully tax credit, a cool $33,500 for one of the geekier vehicles in recent memory doesn’t seem too bad, does it?

So what are you guys going to do? Are you going to jump in feet first and snatch up a piece of GM history? Or are you going to be a bit more cautions and wait it out. As we’ve seen so many times in history, first generation products are really beta products, with the second and third generations bringing much needed refinement and improvements.

See supported dealers near you and pre-order your Chevy Volt now at: GetMyVolt.com

Crunchgear

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  • Min

    Wow - I wonder what the depreciation factor will be for these cars. The Batteries wear out in a few years and cost $10,000 to replace. How would price a trade-in or resale after a year or two?

  • Mike

    Looks like 10,000 early adopters will help us answer that in a few years…

  • http://twitter.com/the_gadgeteur/status/19673046832 Mike

    RT @Gadgetsteria: It's official: Chevy Volt costs $40k before $7,500 tax credit. Pre-orders now open! -> Gadgetsteria: http://bit.ly/ckmSEY