The 2011 Chevrolet Volt electric car qualifies for a federal tax credit of up to
$7,500, effectively reducing the net base price from $41,000 to $33,500. Some states
offer additional purchase incentives that can be combined with the federal credit.
Other electric vehicle-related perks that vary by city or state include single-occupant
access to carpool lanes, free metered parking and significantly reduced vehicle
registration fees. Home charging stations, which cut charging times in half compared
to standard wall outlets, are also eligible for attractive incentives. You can find
more incentive information at
fueleconomy.gov and pluginamerica.com.
Pros: "Fun to drive, looks great, and rarely uses gas"
Cons: "Rear seat legroom very tight"
Likely to recommend this car? (1-10): 10
"This car is everything I hoped it would be. My driving pattern is mostly short hops with a trip to downtown now and then. I've only spent $33 on gas (two fillups) in four months, and I still have half of that in the gas tank. Not only is it efficient, it's actually fun to drive and very high-tech inside. A great-looking car that drives well and rarely needs gas. It's a winner, especially with the $10K worth of incentives. Bottom line price was about $23K for a car that sticker priced at almost $39K - unbelievable. Don't be scared off by the low resale value; the incentives make it a very good deal."
"Good commuter, I drive 15 miles one way for work so can get to work and back on 1 charge. Fun to drive, but many problems. I've had it for a year now and it has been back to the dealership 3 times for separate issues. They fix it every time (one took over 2 weeks), but the hassle bothers me for a car that's 35k and less than 12 months old."