Spark EV Pricing Announced, $199 Lease or $19,995 purchase (after Fed incentives)

Well at least in Cali/Oregon its price competitively. Glad to see GM is diversifying its EV/PHEV offerings this quickly, with the spark now and ELR later this year. No word yet when rollout will go national.



Full story here


DETROIT (5/23/2013) – Chevrolet announced today a low mileage lease on the new 2014 Spark EV 1LT for as low as $199 per month* for 36 months, with $999 due at lease signing including security deposit (tax, title, license dealer fees extra), making the vehicle one of the most affordable EVs on the market.

Spark EV’s Manufacturer’s Suggested Retail Price starts at $27,495 – as low as $19,995 net of the full federal tax credit which ranges from $0 to $7,500 – and includes $810 destination freight charge.

Depending on their tax situation, California Spark EV owners may also qualify for other state and local tax credits and incentives ranging from $0 to $2,500, potentially reducing the price to $17,495. Spark EV owners in California are also eligible for High-Occupancy Vehicle, or carpool lane, access.

Compared to the average new gas-powered vehicle, the Spark EV can save drivers, on average, about $150 per month in fuel costs based on EPA assessments.**

The Spark EV will be available at select Chevrolet dealers throughout California and Oregon beginning mid-June 2013.

“The Chevrolet Spark EV is the most efficient – and now one of the most affordable - EVs you can buy” said Chris Perry, vice president, Chevrolet Marketing. “Combined with outstanding infotainment and great design, the fun-to-drive Spark EV is engineered to impress.”

The Spark EV features a combined city/highway EPA estimated range of 82 miles when fully charged and an EPA-estimated combined city/highway 119 MPGe fuel economy equivalent. The vehicle’s 21 kWh lithium-ion battery pack will continue Chevrolet’s tradition of offering outstanding limited warranty protection – eight years or 100,000 miles, whichever comes first.

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Chevrolet will also provide customer assistance via a Spark EV advisor. Dealers will provide on-site dedicated Spark EV service and sales experts. To be among the first to purchase a Spark EV, customers can visit their nearest participating Chevrolet Spark EV dealer. A Spark EV dealer locator is available on 2014 Chevy Spark EV | Electric Vehicle | Chevrolet.


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*Lease example based on survey. Each dealer sets its own price. Your payments may vary. Payments are for a 2014 Chevrolet Spark EV with an MSRP of $ $27,495. 36 monthly payments total $7159.68. Option to purchase at lease end for an amount to be determined at lease signing. Ally must approve lease. Take delivery by 07/01/2013. Mileage charge of $.25/mile over 12,000 miles. Lessee pays for excess wear. Payments may be higher in some states. Not available with some other offers. Residency restrictions apply.

**Savings of $150 per month based on 23 MPG Hwy for an average vehicle and $0.12 per kW-hrs electricity cost. Visit fueleconomy.gov for details.

 

Oh no.. now they move the volt to be a subforum under the GM Hybrids and EVs (its wired as its partially visible under "othercars", but does not show the same info as the others). Guess I should have kept my mouth shut, something I'm sure others hear wish I would do too.