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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5/26/2013 9:07:08 AM
That's exactly what I've said repeatedly to these calculator inept fools.
If you lease, the EV is cheaper when including gas.
If you finance over 5 or more years, the EV is cheaper when including gas.
If you buy outright, with the gas car you save $6k but pay $100/mo extra for the life of the car. Nobody can get that rate of return on a $6k investment.
"I mean, if you wanna break down someone's door, why don't you start with AT&T, for God sakes? They make your amazing phone unusable as a phone!" -- Jon Stewart on Apple and the iPhone
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