If you’ve been reluctant to take advantage of those great lease rates General Motors has been offering on the Chevrolet Volt because you drive too many miles, this deal’s for you.
The company just announced it’s cutting the price on 2012 Volts by $5,000 and on 2013 Volts by $4,000 as it starts to ramp up manufacturing of its 2014 model.
The deals lower the price of the Volt from its MSRP of $39,995, and buyers who act now can also qualify for up to $7,500 in federal income tax credits.
In a Detroit News story, GM spokesman Jim Cain said Chevy began offering the Volt discounts on June 4 to reach more customers who may drive more miles than a lease permits, or who may not qualify for a zero-percent financing deal.
The Volt also can be leased for $269 a month for 36 months, with $2,399 due at signing or can be purchased with zero-percent financing for 48 months and receive $3,000 in cash off the price. The cash off, zero percent financing and lease deals run through July 1.
“The electric vehicle space is extremely competitive,” a GM spokesperson said in the News story.