Chevy Drops Spark EV Price by $1650

AutoInformed.com

Using a dedicated 240 volt outlet, Spark EV recharges in less than seven hours.

Chevrolet has cut its Spark EV 1LT suggested retail price to $25,995, a $1,650 discount. Depending on an individual’s tax situation, the Spark EV is eligible for federal tax credit up to $7,500. The subcompact EV is only sold in California, Oregon and Maryland. Nissan Leaf, the best-selling EV, sold nationally, starts at $29,860.

The original 2014 model Spark EV started at $32,500 or roughly 2.5 times that of a gasoline-powered minicar without incentives. The entire EV segment in the U.S. is under extreme pricing pressure because of scarce buyers.

California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption. Additional Chevrolet bonus cash is also available: $1,000 in California, $1,200 in Maryland, and $3,500 in Oregon.

After full federal and state tax credits and Chevrolet bonus cash, the Spark EV could be as low as $14,995. A $139 per month sign-and-drive lease for 39 months with $0 due at signing including security deposit but excluding tax, title, license and dealer fees, is also available, making the Chevrolet Spark EV one of the most affordable EVs on the market.

“Chevrolet is committed to making EV driving more accessible, affordable and fun,” said Steve Majoros, director of Chevrolet Car and Crossover Marketing. “The Spark EV is already the most efficient – and one of the most affordable – EVs you can buy.”

The Spark EV features a combined city/highway EPA estimated range of 82 miles when fully charged and an EPA-estimated combined city/highway 119 MPGe fuel economy equivalent.,

About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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