Buy a 2013 used volt
Buy a 2015 Volt now or wait for a 2016 Volt?
Now that the 2016 Volt pricing has been revealed it is time to revisit the question.
Buy a 2015 Volt now or wait for the 2016?
Buy a 2015 Volt now or wait for the 2016?
1 - 20 of 21 Posts
Wait for the 2016. Those 50 miles of electric are nice to have. I get 50 fairly often in my 2013 so in a 2016 I might get 60+.Now that the 2016 Volt pricing has been revealed it is time to revisit the question.
Buy a 2015 Volt now or wait for the 2016?
If you are looking to purchase soon than there is no question. BUY A 2015. Even with the lower price tag you will not be finding any deals on the 2016. They are most likely going to sell at MSRP for at least a year. I personally refuse to buy an EV without 6.6Kwh charging for the future.
Unless there is a smoking hot deal on a 2015 I'm sitting tight. I plan to keep my car a couple more years. I might look at a 2018 model year in 2017. I'm hoping GM has more Voltec vehicles planned by then.
I think in a couple of more years there will be other plug in electric vehicles for consumers. For now the Volt is king....
Going just by the numbers, if you can wait then wait. Currently both the '14 and '15 are $34,995 with a $1,000 consumer cash. The same price as the base '16 at $33,995.
Another thread lists the LTZ starting at $38,345. We know the LTZ has Bose, leather and upgraded rims, with the backup camera standard. A '15 with all of these options and safety 2 prices out at $38,150 after rebate.
Since Fed and State credits, private offers and GM Points apply to both cars, for most, there is no reason to purchase a Volt now.
Exception - Chevy has a Memorial day sale, offering 15% off MSRP for Volts in inventory the longest. But I haven't found one that qualifies yet. And for some CARB states there may be an additional $1,500 consumer cash. IF (big if) you could combine the 15% inventory discount with the 2 consumer cash offers, you could get about $7,700 off. That might be enough temptation, but you would be settling for 38/42 AER vs 50.
Another thread lists the LTZ starting at $38,345. We know the LTZ has Bose, leather and upgraded rims, with the backup camera standard. A '15 with all of these options and safety 2 prices out at $38,150 after rebate.
Since Fed and State credits, private offers and GM Points apply to both cars, for most, there is no reason to purchase a Volt now.
Exception - Chevy has a Memorial day sale, offering 15% off MSRP for Volts in inventory the longest. But I haven't found one that qualifies yet. And for some CARB states there may be an additional $1,500 consumer cash. IF (big if) you could combine the 15% inventory discount with the 2 consumer cash offers, you could get about $7,700 off. That might be enough temptation, but you would be settling for 38/42 AER vs 50.
I didn't see where the Volt was part of that 15% off on the main Chevy site.
The current base Volt is $34,170 including the $1,000 cash back offer.
http://www.chevrolet.com/volt-electric-car/build-your-own.html
http://www.chevrolet.com/volt-electric-car/build-your-own.html
There is no 15% off on Volt and there wont be. The only reason why you should wait and buy 16 is if you really dont like the 15. There will be no deals on the new Volt and by the time you decide to pull the trigger because you wanted a better deal (which really wont get any better than now) You will find the pickings slim with mostly base models in colors no one wants.
Where I am you can get a 2015 MY Volt for under $30K. Some are under $28K.
What you're giving up is roughly 10 miles of electric range and a faster 0-30 MPH time.
All in all I think the 2015 MY is a better deal at current prices. But I don't care about the faster 0-30 MPH and I tend to go under 40 miles or more than a hundred, so the engine will be coming on regardless of whether I have a little more AER. YMMV.
What you're giving up is roughly 10 miles of electric range and a faster 0-30 MPH time.
All in all I think the 2015 MY is a better deal at current prices. But I don't care about the faster 0-30 MPH and I tend to go under 40 miles or more than a hundred, so the engine will be coming on regardless of whether I have a little more AER. YMMV.
I just bought the 2014 in Sept. It would make no economic sense for me to trade up to a 2016. If I didn't already have a Volt, I might consider holding off on a 2015 and getting a 2016. The pricing and performance announced for the 2016 makes me feel I did OK buying when I did and not waiting another year to cut my gas consumption about 90%. Sure 50 mile ER, 41 mpg combined and runs on regular would be nicer, but 38 ER (more like 40 it seems) and 37mpg is still awesome compared to even the current version of the economy car I traded.
I'm confused, the 15% discount is listed at the bottom of www.chevrolet.com/memorial-day-sale.html
But the main ad doesn't list Volt. Though I could have sworn I saw it before. So even less reason to buy a '15.
But the main ad doesn't list Volt. Though I could have sworn I saw it before. So even less reason to buy a '15.
that is interesting... I see it as well... couldnt hurt to print it out and take it to a local dealer
This deal is for certain vin numbers per my dealer. It essentially will apply to the oldest 2014's but I suspect all 2014's will be included before it is all over.
Kevin
Kevin
The current deals on 2014 Volts seem incredible to me. I found a base 2014 advertised at $10,500 off MSRP - sale price was around $24,500. That is before any tax credit or rebate. Don't know about other incentives, so the price could be lower if you have USAA or a private offer. So, for PA residents who get a $2000 state rebate and including the full $7,500 federal credit, the price for this car works out to $15,000 (plus sales tax). That is an incredible deal!
Here's the link...
http://www.coughlinpataskala.com/new-Pataskala-2014-Chevrolet-Volt-5dr+HB-1G1RE6E45EU173335
It will be a LONG time before any deals on 2016s make them a comparable buy.
Here's the link...
http://www.coughlinpataskala.com/new-Pataskala-2014-Chevrolet-Volt-5dr+HB-1G1RE6E45EU173335
It will be a LONG time before any deals on 2016s make them a comparable buy.
New vehicle advertised sale price includes all rebates to dealer. Price excludes tax, title, registration and $250 document fee. Special APR financing rates maybe available in lieu of Customer Cash Rebates.Residency restrictions may apply, please see dealer for details. All pricing and vehicle information may be subject to bona fide human error. While every attempt is made to ensure accurate information it can happen that we have made a genuine error in equipment or pricing. This usually is in the form of leaving a digit off of a sale price or marking the incorrect transmission. If you think you have found an error, please make us aware, and will will remedy in short order. By submitting your information to Coughlin Automotive you are agreeing to be followed-up with by our staff to ensure your complete satisfaction. This may include, but is not limited to phone calls, text messages, e-mails and USPS mailings.The current deals on 2014 Volts seem incredible to me. I found a base 2014 advertised at $10,500 off MSRP - sale price was around $24,500. That is before any tax credit or rebate. Don't know about other incentives, so the price could be lower if you have USAA or a private offer. So, for PA residents who get a $2000 state rebate and including the full $7,500 federal credit, the price for this car works out to $15,000 (plus sales tax). That is an incredible deal!
Here's the link...
http://www.coughlinpataskala.com/new-Pataskala-2014-Chevrolet-Volt-5dr+HB-1G1RE6E45EU173335
It will be a LONG time before any deals on 2016s make them a comparable buy.
May not represent actual vehicle. (Options, colors, trim and body style may vary)
Shhhhhhhh. Quiet, read, listen..... The market is speaking again!!!
If they couldn't sell them at $8k off for the past 6 months, and the Gen 2 car is going to be $1k+ less for more car (More AER, better ICE mileage, cheaper gas....) then it is time to move the needle again. I bought a base 2014 in early February for a net of $15.8k. At the time, it sounded like a KILLER deal to many, but it actually seemed pretty ho-hum to me. I would not have bought it except for the nearly $2k in GM card top off money that was going to expire and disappear. Why? Because this day almost had to happen and I could have done as well or better today. At this point, a $10.5k discount is almost going to have to be the norm to sell the 2014s. And 2015s will end up close to that too, as a result. Next winter, who knows??
The only way the price of a 2015 goes back up is if the 2016 arrives and is panned for being far less car. An electric Cruze, or a Chevy Prius... Cheaper feel, poor road manners, cheezy materials.... Then you might have a late run on the Gen 1 cars. But based on GM's care with the build of the Gen 1 car (Not their marketing), the show cars that we have seen, and their seeming understanding of the importance of the Volt, I don't thing anyone here is expecting that. If the car arrives as promised by Chevy, the next great thing, potential Car of The Year again, then expect 2014s and 5s to take yet another hit at some point. Late buyers that want an original Volt for collectability, unique styling or whatever won't do enough to move the needle backwards at this point.
So what does it all mean? If you know what you are doing (and maybe even if you don't!) you can get an unbelievable deal on a hell of a car.
Forget today, I am starting to get curious about the longer term. What happens to new and used prices shortly after Chevy hits the magic 200k sales figure? Are they ready to drop the MSRP to absorb some of the lost tax credits? Will the tax credit be renewed in some way to sustain momentum? If the general public is a bunch more ready for EVs and prices hold up after the tax credit goes away, what happens to the price of used Volts??? What will a normalized value be? And how long might that take? Somebody with a crystal ball and the willingness to take a risk might be able to make a killing if they thought things through. (And each of us individually might stand to benefit a little at trade in time.) Might being a key word in all of that....
If they couldn't sell them at $8k off for the past 6 months, and the Gen 2 car is going to be $1k+ less for more car (More AER, better ICE mileage, cheaper gas....) then it is time to move the needle again. I bought a base 2014 in early February for a net of $15.8k. At the time, it sounded like a KILLER deal to many, but it actually seemed pretty ho-hum to me. I would not have bought it except for the nearly $2k in GM card top off money that was going to expire and disappear. Why? Because this day almost had to happen and I could have done as well or better today. At this point, a $10.5k discount is almost going to have to be the norm to sell the 2014s. And 2015s will end up close to that too, as a result. Next winter, who knows??
The only way the price of a 2015 goes back up is if the 2016 arrives and is panned for being far less car. An electric Cruze, or a Chevy Prius... Cheaper feel, poor road manners, cheezy materials.... Then you might have a late run on the Gen 1 cars. But based on GM's care with the build of the Gen 1 car (Not their marketing), the show cars that we have seen, and their seeming understanding of the importance of the Volt, I don't thing anyone here is expecting that. If the car arrives as promised by Chevy, the next great thing, potential Car of The Year again, then expect 2014s and 5s to take yet another hit at some point. Late buyers that want an original Volt for collectability, unique styling or whatever won't do enough to move the needle backwards at this point.
So what does it all mean? If you know what you are doing (and maybe even if you don't!) you can get an unbelievable deal on a hell of a car.
Forget today, I am starting to get curious about the longer term. What happens to new and used prices shortly after Chevy hits the magic 200k sales figure? Are they ready to drop the MSRP to absorb some of the lost tax credits? Will the tax credit be renewed in some way to sustain momentum? If the general public is a bunch more ready for EVs and prices hold up after the tax credit goes away, what happens to the price of used Volts??? What will a normalized value be? And how long might that take? Somebody with a crystal ball and the willingness to take a risk might be able to make a killing if they thought things through. (And each of us individually might stand to benefit a little at trade in time.) Might being a key word in all of that....
what he said.If you are looking to purchase soon than there is no question. BUY A 2015. Even with the lower price tag you will not be finding any deals on the 2016. They are most likely going to sell at MSRP for at least a year. I personally refuse to buy an EV without 6.6Kwh charging for the future.
it's all about supply and demand. If the new Volts are that much better, the price will increase while prices for existing Volts will decrease, so the market will rebalance itself. I sincerely doubt the new '16 Volts are that much better though.
Why do people think the 2016's won't need to be heavily discounted as well? We're a small minority and the masses don't love this car. I predict the 2016 will have the same ho hum sales that the 14's and 15's do and it's just a matter of time before we'll be able to buy them significantly below MSRP. My lease expires in May of next year and I'm thinking it's best to wait rather than jump on a 14 or 15 (which I think will be selling for even less in a few months than they are now).
1 - 20 of 21 Posts
- This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
GM Volt Forum
A forum community dedicated to Chevy Volt electric car owners and enthusiasts. Come join the discussion about hybrid performance, modifications, classifieds, troubleshooting, maintenance, reviews, and more!
Full Forum Listing
Recommended Communities
