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Chevrolet Spark pricing gets official

Chevrolet has offered up the official pricing on its Spark EV -- 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 Nissan Leaf and the Fiat 500e. 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.

Source: Autoblog Green

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RE: This must be a joke
By BRB29 on 5/23/2013 1:50:48 PM , Rating: 2
So you conveniently rounded down the cheap gas model then rounded up the EV model by a few thousand

It's 12.2k vs 27.5k

after tax credit
12.2k vs 20k

It's still a terrible ratio lol. But at least with the fuel savings, it wouldn't be that bad. It's obviously a city car and there's nothing better in the city than a small electric or hybrid vehicle.

RE: This must be a joke
By Mint on 5/24/2013 2:32:37 PM , Rating: 2
Most people want auto and power door locks. That makes the gas version it $14k.

Over 5+ years, the $20k EV actually works out to less (if you lease it's much less right off the bat), and is a better car. 0-60 in under 8 seconds (11+ for gas), silent, better standard features, far better resale value, etc.

There's only one reason to buy the gas version: range. If you can live with 80 miles of range, you'd be an idiot to buy the gas car.

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