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Crazy Volt incentives makes me want to trade

Discussion in 'Gen 1 Prius Plug-in 2012-2015' started by F8L, Apr 26, 2013.

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  1. F8L

    F8L Protecting Habitat & AG Lands

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    I know, I know. I'm nuts.

    With incentives totaling $15,250 off a Volt I am trying to figure out if I can make it work. I still owe something like $37,500 for my PIPa (13,500 miles) because I have not received (or filed) for the federal tax incentive yet ($2,500). I put nothing down so my monthly payment is $659 (60mo 0% financing).

    With Volt prices so low ($3,250 dealer, $3,000 Chevy bonus, $7,500 federal tax, $1,500 CA rebate) and 0% financing for 48mo, it makes me wonder if I can swing the Volt and not lose too much in the deal.

    Ugggg
     
    #1 F8L, Apr 26, 2013
  2. css28

    css28 Senior Member

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    Don't do it!
     
    #2 css28, Apr 26, 2013
    WE0H likes this.
  3. calirider

    calirider ECOmobile

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    I would buy a volt if I could make it work. The Prius is great but the Volt is better.
     
    #3 calirider, Apr 26, 2013
  4. F8L

    F8L Protecting Habitat & AG Lands

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    It's not so much that the Volt is better although it is more fun to drive. It is the potential for better fuel economy now that I can charge at work and for a lower monthly payment and less total owed.
     
    #4 F8L, Apr 26, 2013
    PriusGuy32 likes this.
  5. bedrock8x

    bedrock8x Senior Member

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    You paid too much for the PIP, you may get $30K for trade.
     
    #5 bedrock8x, Apr 26, 2013
  6. F8L

    F8L Protecting Habitat & AG Lands

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    True. California didn't get the huge discounts the East Coast states did so I paid $37k before taxes.
     
    #6 F8L, Apr 26, 2013
  7. wjtracy

    wjtracy Senior Member

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    Sales tax alone is quite a lot in CA, not to mention depreciation. Maybe if CA approves HOV stickers for PiP's thru 2018 you can get good trade value in CA? On the other hand, if they do not approve the value may go down. do not know.
     
    #7 wjtracy, Apr 26, 2013
  8. Electric Charge

    Electric Charge Active Member

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    Shop around, ask for quotes, doesn't hurt to get numbers. You might get an offer that makes a lot of sense, THEN you can wonder if you should give it a try.
     
    #8 Electric Charge, Apr 26, 2013
  9. Silver bullit

    Silver bullit Right Lane Cruiser

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    That is a good deal. What is the purchase price of the Volt? Remember if you get the Volt there will probably be similar deals further down the road.
     
    #9 Silver bullit, Apr 26, 2013
  10. mrstop

    mrstop PWR Mode

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    I think you're chasing false economy... You'll probably end up trading a lot of dollars for a little savings in fuel.
     
    #10 mrstop, Apr 26, 2013
  11. usbseawolf2000

    usbseawolf2000 HSD PhD

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    You get $1,500 CA rebate for PiP as well right? It was not mentioned in your post.

    $15k discount on any car is crazy. I bet GM is losing money. LG Chem is also losing money on the battery. Gotta wonder how long they can sustain.
     
    #11 usbseawolf2000, Apr 26, 2013
  12. Sfcyclist

    Sfcyclist Senior Member

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    Wow.. those are some serious incentives. Are those Volts not selling so well?
     
    #12 Sfcyclist, Apr 26, 2013
  13. Sergiospl

    Sergiospl Senior Member

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    #13 Sergiospl, Apr 26, 2013
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  14. fortytwok

    fortytwok Active Member

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    agreed - one owner who posts on here was trying to sell his advanced PiP for 27k.
    I've come to grips that there will be more improvements and price reductions to come but I'm enjoying mine now and paying for no gas $

    look at this for an improvement - 80% gain on charge time for Spark
    2014 Chevy Spark EV First With CCS Quick-Charge Port (As Option)
     
    #14 fortytwok, Apr 26, 2013
  15. rogerv

    rogerv Senior Member

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    Be sure to consult with your girlfriend on this one............:p
     
    #15 rogerv, Apr 26, 2013
    babybird, WE0H, cwerdna and 3 others like this.
  16. usbseawolf2000

    usbseawolf2000 HSD PhD

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    A great suggestion. NS4 or next gen PiP is coming out next year isn't it?
     
    #16 usbseawolf2000, Apr 26, 2013
  17. bielinsk

    bielinsk Gremlin

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    OMG that is hilarious.

    Volt is tiny, too tiny, like a smart car.
     
    #17 bielinsk, Apr 26, 2013
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  18. F8L

    F8L Protecting Habitat & AG Lands

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    Yeah. It was kind of a wash though because I did receive that rebate for my PIP already.
     
    #18 F8L, Apr 26, 2013
  19. fortytwok

    fortytwok Active Member

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    My dealer (purchased my PiP just a month ago) said there'll be a PiP with much greater range next year...
    just another choice for consumers - probably comes with greater weight, longer charge times, high cost so many like me are fine with the base
     
    #19 fortytwok, Apr 26, 2013
  20. El Dobro

    El Dobro A Member

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    I agree, remember last time. ;)
     
    #20 El Dobro, Apr 26, 2013
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