New Volt will be slightly cheaper

June 10, 2011 12:00 AM

Chevrolet is expanding the availability of its Volt electric vehicle for the 2012 model year, and is also addressing some consumer complaints about a high price tag.

The new version of the 2012 Volt adds three new trim levels for buyers to choose from, in addition to the three offered on the 2011 version. One of those trim levels will be priced more than $1,000 cheaper than the current $41,000 Volt, coming in under $40,000.

This version of the Volt does lose the Bose speakers and navigation system that come standard on the current Volt, but adds standard features such as keyless entry.

"This is about consumer choice," GM spokesman Rob Peterson told the Detroit News.

Another new trim level for drivers to consider is the highest price point for the car, at $46,265. This version of the car includes leather appointments, backup camera, a navigation system, and premium paint and wheels. All versions qualify for the $7,500 federal tax credit for electric vehicles.

Unlike the 2011 Volt, the 2012 model will be available in all 50 states. Dealers can place their orders immediately, and Chevrolet is targeting the late summer for the first deliveries to take place. 

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