Chevrolet Prices Spark EV at $27,495 Before $7,500 Tax Credit
May 23, 2013 9:08 AM
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Chevrolet Spark pricing gets official
Chevrolet has offered up the official pricing on its
-- the little vehicle will carry an MSRP of $27,495. Even though the outright purchase price for the Spark is $27,495, people who qualify for the $7,500 federal tax credit will be able to get that purchase price down to $19,995.
People interested in the Spark EV that live in certain areas of California could also qualify for up to an additional $2,500 off purchase price.
Chevrolet is also offering a very attractive lease option for the small electric vehicle that most people will probably choose. The lease option is for 36 months at $199 per month. That lease price puts the monthly out-of-pocket cost for the Spark on par with the
. The Spark lease does require a $999 down payment, which doesn't include tax, title, registration and other dealer fees.
The EPA estimates that the driving range for the vehicle on a full charge will be 82 miles. The vehicle also uses a SAE combo charger able to recharge the battery to 80% in only 20 min.
A regular, gasoline-engined Spark has an MSRP of $12,185 and get EPA estimated 32/38 mpg (city/highway).
"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 will be offered through select Chevrolet dealers in California and Oregon beginning in June of 2013.
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5/23/2013 12:10:54 PM
1) yes, a bit expensive, but see #3
2) no, actually they cannot. The issue right now with electric cars is balancing mpge with battery weight with car price and with range. Considering electric cars are mostly commuter cars, and most people have a 30 mi (one way) commute, 80-90 mi is a good commute range with an additional grocery run.
3) you are right. Minus the battery, electric cars ARE cheaper... but they do have batteries, and batteries are expensive. Thankfully battery prices have dropped like a rock over the last few years, and they will continue to do so as mass battery production continues to pick up. We are currently seeing some electric cars (like the spark and Smart ED3) at/near the same price as their gas variants after rebates, and I would expect they will hit those prices without rebates at some point over the next 5 years or so. Within 10 years I think we will see some really compelling electric cars on the market, but car tech is nothing if not slow to change. It is like SSDs on the PC market. Ya, they are cool, but it is still new tech, and we are still a ways off before mass market adoption.
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