Originally published on EV Obsession.
A number of car dealers around the country have begun to receive the first 2017 Chevy Volts, paving the way for the nationwide release of the model year (the 2016 model year wasn’t widely available), according to recent reports.
In support of the launch, GM has now issued its first purchase and lease offers on the 2017 model year. And its first promotion — with the company now (as of February 24th) offering $1,000 cash back on all available version of the new model year. This offer is currently only available in the states of California, Connecticut, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Oregon, Rhode Island, and Vermont, it should be noted.
Before going over the purchase and lease options, it’s worth making a reminder here that the 2017 model year possesses a number of new features — such as reduced emissions (compliance with Tier 3 standards), and an adaptive cruise control.
Cars Direct provides more:
GM Financial is also offering discounts for leasing. Nationally, there’s $2,300 that can be used toward capitalized cost reduction, but there’s an additional $2,250 in the regions mentioned above that can be combined for up to $4,550 in potential discounts. Shoppers coming from an existing GM lease or from a competitor may be eligible for a $500 bonus that can be used toward the purchase or lease of a 2017 Volt. Current incentives are set to begin expiring February 29 but will most likely be renewed.
…As far as leases go, GM has not yet announced advertised payments on the 2017 Volt. However, the 2016 Volt ranks well in our monthly roundup of the best green car deals. In regions where the car is offered, you can lease one from $299 for 39 months with just $500 at signing. Shoppers can turn this into a zero-down lease with either the $500 lease loyalty offer or competitive bonus. The offer features an allowance of 15,000 miles/year, considerably more than most plug-in and EV offers.
State and federal incentives are obviously available in many places, potentially changing the economics of purchase or lease notably.
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