2012 Chevy Volt Gets Lower Price, Heads to All 50 States

2011chevyvolt
General Motors is taking orders for the 2012 model year of its Chevy Volt extended-range electric car, the automaker announced this morning. The Volt debuted last year as a 2011 model and was only available in a handful of select markets.

The 2012 will start at $39,145, not including $850 in destination charges. That’s $1,135 less than the 2011 and neither price includes available federal tax incentives of $7,500.

There are a few new standard and optional features detailed below as well as new interior and exterior color choices. The 2012 Volt should reach dealers this fall. There are currently 618 2011 Chevy Volts in Cars.com's new car inventory.

2012 Features

  • Standard keyless access with passive locking; the car automatically locks and unlocks with the key fob in close proximity of vehicle
  • OnStar Turn by Turn navigation standard for three years, and available in-dash navigation system
  • Chevrolet MyLink including Bluetooth streaming audio for music and select phones (late availability)
  • Standard AM/FM stereo with CD player and MP3 playback and 7-inch diagonal color touch-screen display
  • Available 17-inch sport alloy wheels with black inserts (late availability).
  • New interior accents white and Spiced Red
  • New exterior colors Summit White and Blue Topaz Metallic

Voltspicered

Comments 

Donald

Will GM dealerships keep pocketing the $7500 tax credit?

Doug G

Has anyone seen the pure FAIL Nissan Leaf commercial during NBA games?

The first time I saw it I thought it was a Volt commercial.
The second time I saw it I realized it was a Leaf commercial, which prompted a discussion with everyone in the room about how they'd rather go 300 miles in a volt on mixed drive than 70 miles in a Leaf then park it for hours.

Carter

The Leaf is a bargain, the Volt is still way overpriced and just another sales disappointment for GM.

boeingboy

Carter - Please provide objective data for your comment. Thx

cody

good improvements. hopefully the price will continue to come down as economies of scale bring down the cost of the batteries and other volt-specific powertrain parts.

Amuro Ray

@ cody,

"price will continue to come down as economies of scale..."

Not by a long shot :(

Price's down not due to economy of scale, but due to removing Navigation System & Bose Premium system (I think), as report by 1 of cars.com competitors. Unfortunately, the exact posting is removed currently (dunno why).

Volt's sales volume is debatable at this point; it's now surpassed by LEAF and it's a long way away matching Prii's. Economy of scale won't kick in unless GM has decided to pump up its production volume, but it's been quite a few months since we've heard GM's CEO talking 'bou increasing Volt's production...

Amuro Ray

Wanted to add...

It's in fact, a price increase in disguise, as per comments from some of the commenters.

If one configure the 2012 vehicle with the same features that the "base" 2011 has, the price has actually gone up by 'bou $1500.

Sheth

If the bose and nav aren't priced above how can you determine that its a 1500 price increase? What is that based on? Also gm announced volt production increase for 2012 model year a few weeks back. Production is going up significantly.

This is not great news, necessarily.. What will the wait time be? Oh, wait...Waiting on it is not the problem IMHO...The REAL problem lies in trying to get a dealership to sell it to you without a huge markup. I am approved officially by Nissan to order a LEAF and I won't until a dealer makes a decent acceptance of price, like in some markets where the discount ranges from selling for STICKER price to as much as 7 (seven!!) percent under STICKER!!!

This does not make me want to even come close to a dealer who keeps saying, "We'll sell it to you for Sticker, and not a penny more"... Come on, I was not born yesterday...(Later, they try to get you to walk away due to unethical price negotiations since they don't provide you anything in writing per se... This allows them to sell what is called an "orphan Leaf" to John Q. Public at extra profit margins, since JQP doesn't have a reservation, and buys on impulse, and pays OVER STICKER PRICE before the salesman goes to call his "X number of people on his waiting list...) This makes the avg. sales price show up way too high via Edmunds, or whomever, and then those of us with a reservation are forced to cough up more because they say, "Well, the avg. price paid is X"...

I think there should be some kind of an investigation regarding this practice by Nissan Dealerships, most specifically, those who have Orphan leaf's (leaves?) for sale... Kinda makes you wonder, "Why did the original person who reserved not buy it from you?... If you know what I mean.

Just my two cents worth...

cody

@AR,

my point is that as production ramps up further, which it will, the price of the technology should drop further. this car will get cheaper, and the second generation volt will be both cheaper and more capable, just as we've watched the prius mature. i'm not sure i buy your theory about this price drop somehow hiding a price increase.

people seem to have forgotten how expensive the 1st generation prius was. in 2000, the first gen. prius cost $20k, which was a WHOLE lot of money for what was a really small car (marketed IN BETWEEN the echo and corolla). we get a whole lot more prius in 2012 for $23k. adjusted for inflation, we're paying less for today's superior prius than people did who bought the 2000 science project prius.

Amuro Ray

@ Cody,

Let me make this simple. The price "drop" is not due to cost decrease as a result of mass production; rather, it's due to the fact that the 2012 Volt offers "fewer" luxury equipment than the 2011 Volt. Thus, comparing apple to apple, you get LESS in the 2012 Volt, hence you pay LESS for the 2012 Volt. It's like, you pay less when you purchase 5 lbs of Apple, compare to when you purchase 10 lbs of the SAME apple. This has nothing to do with "because apple is now selling at a cheaper price!"

OTOH, what if you purchase those features that are no longer standard in the 2012 Volt? Well, if that digital ink wasting troll has read GM press release, which contains the prices of all options, you will actually see that the final price of a 2012 Volt, vs the same equipment of the base 2011 Volt, is actually more expensive in the 2012 model. Prius is a great example - the price of Prius hasn't really "come down" even though it's essentially the same technology (but better) for the past 10+ years with over 1M being sold, has it? It's still above 20K just to start and Toyota has to offer sthg else in order to get to the sub 20K price point.

If, as per GM and many Volt fanboys argument, that the technology will mature and mass production will decrease the cost, how can the above be possible? It should have been that a 2012 Volt with same equipment as a 2011 Volt cost less (for the 2012 model). This is why this argument will not fly. Furthermore, being someone who's in the the technology industry for a US company, the plan is to ALWAYS add new features so that you actually don't see the price going down. The marketing team will come up with a statement such that, at 1st glance, you may see a decrease in selling price, but in reality, it's a price increase.

As for increase production, if you look at GM press release, "[A]s a result of the plant upgrades, planned Volt and Ampera production capacity this year will increase to 16,000 units, including exports and a fleet of several hundred demonstration units sent to U.S. dealers. In 2012, global production capacity is expected to be 60,000 vehicles with an estimated 45,000 to be delivered in the United States."
16000 unit in 2011 is NOT gonna do anything in terms of pricing decrease, nor will 60000 vehicles...and 60K is not even a committed # yet, esp if we don't see an increase in Volt's sales # (even less unlikely with more EV available from other companies).

Dan

Two competing factors impact the price in the future:

1) Learning curves/economies of scale. The volume of sales isn't limited to Volts when calculating this. GM source Li-Ion cells from elsewhere, so these suppliers scale up and drop prices whenever they sell batteries to anyone. That means sales of Teslas and Leafs will drop the price of Volts.

2) Increasing cost of materials and inflation. As the world economy continues to recover and grow the demand for materials increases faster than supply, driving up prices. Add inflation to that and you have a force to push prices up.

These two factors compete constantly, and sometimes one wins out over the other. Perhaps this year materials cost increases won out, that doesn't mean it will in the future. Generally with new technology, factor 1 outweighs factor 2 MOST of the time, and with older technology it is the other way around.

We should all hope that factor 1 wins and the price of Volts come down, or else the price of no EV will.

Bryan

Lowering the price is not a surprise as the Chevy Volt sales have been very disappointing. So bad that dealers have been instructed to count Volt demonstrator vehicles as being sold. I know this as my father-in-law owns three GM dealerships.

dorisscott

appears sales are limited by production schedules at Nissan not consumer demand. The online ordering process allows the consumer to shop and select a dealer. It has also helped prevent dealer price gouging. That was one of the reasons I purchased a LEAF instead of a VOLT. The LEAF is not going to be an impulse buy until production is high enough that they will have cars sitting on the dealers showroom for more than 4 hours. http://bit.ly/kkyFJy

Richard Joash Tan

AR, is it because of GM's budget cuts

cody

@ AR,

what's your problem? is there really a need to result to childish name calling? does it make you feel smarter? it certainly doesn't make you look smarter...

Jack

The Volt is a bad car as it does nothing particularly well. End of story.

Amuro Ray

@ Cody,

"That digital ink wasting troll" is not a reference to you, if that's what u r referring to...

My point is very simple. Wake up. Don't trust any car companies - be it domestics, imports or a mix of globalization (e.g. Coda). Economy of scale is just a pretty marketing slogan and nothing more...

If you take a look at history, then u'll see why. Top of the line in 19 is just as expensive, if not "cheaper" actually, then top of the line in 201. 1 thg that almost all companies will do is to add MORE features to make sure that the price doesn't come down. That's why I don't believe that Volt will be "cheaper" at all (and not "anytime soon"). I will say the same thg for the LEAF, iMeV, etc.

Even if in the most ideal scenario, with raw material costs going down (which is like, never in long term), manual labor costs coming down (such as when we all become slaves), etc, 1 thing that you forgot to realize is that the SHAREHOLDER of the companies, including the board of directors, will NEVER allow the price of Volt to come down, if GM's able to achieve both significant sales and much lower R&D/manufacturing. Their goal is to maximize profits, not "benefit the general consumers." CEOs' job are evaluated by the board of directors, not us. You see where I'm going with this?

You want prices to go down? Soon? Gov't intervention, including (via education, or whatever) American's true acceptance of buying fuel efficient vehicle using alternate power. That create the demand for mass production and competition, then we're talking price reduction.

Amuro Ray

I was gonna say, "Top of the line [whatever] in 1980/90's is just as expensive, if not "cheaper" actually, then top of the line [whatever] in 2010+. "

cody

@AR,

thnx. i read that and tuned out. you and i disagree on a couple things, but your posts are typically well researched. thowing in stuff like that detracts from the content.

the only govt intervention i support is raising the gas tax. i'm not a fan of higher taxes, but if the politicians think we should be using less fuel, then they need to be upfront about it and stop hiding it behind social engineering crap.

Wow.

What happens when folks figure out it's nothing more than a $40k electrified Cavalier?

Troy S.

A Prius is a cheaper and IMO, a better option than the Volt.

scottf200

I've driven 5000 miles in my Volt. I could not be happier with the performance and extensive effort they put into the design of the car. It is my first Chevrolet and a rare new car for our family. Getting 45 miles on a charge. Last 1500 miles used 1 gal of gas. Last 3500 miles used 10 gals of gas.

Keff

Everybody who is commenting on if the price is actually higher or lower--get a life. We are talking about a non-significant increase or decrease. If you have the money to get the car, then get it. If not then don't. It is as easy as that everyone.

Dave

Hopefully, other manufacturers will come in with their own alternatives to the Volt forcing GM to compete. At that point you may not see the price of a Volt come down in price but some other GM range extended vehicle may be offered more affordably.

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