If you’re looking for a good deal on an efficient car, you may want to consider a used Chevy Volt. While the Volt earned some criticism when it first came out for being too expensive, used models are now an absolute bargain — and, of course, they still tout amazing fuel economy numbers.
Here’s the gist: The Chevy Volt came out way back in late 2010, and it officially debuted for the 2011 model year. Back then, the Volt started around $41,000, which was huge money for a little hatchback — and sales took off primarily because of government incentives that helped people buy electric vehicles for a cheaper figure than they otherwise could.
The thing about those incentives, though, is that they artificially inflated the amount of EVs in the market because fewer people would be buying them if the incentives didn’t exist. As a result, on the used market, EV values have dropped quickly — and the Chevy Volt is an excellent example of that.
Right now, it’s easy to find an earlier Chevy Volt model for under $10,000, as there are roughly 120 listed for sale on Autotrader. In fact, there are around 30 used Volt models currently listed for under $8,000, which means you could get one REALLY cheap — though, the cheaper you go, the more miles the used versions tend to have. Still, Chevy Volt models for $7,500 or $8,500 or $9,500 are out there, and these price points are bargains compared to the original prices from just six or seven years ago.
And, most importantly, they can also save you big money at the pump. Yes, it’s true that to use a Volt effectively, you’ll need to install a charging station at home. But if you do, you’ll have a 35-mile range on electric power alone before the backup gasoline engine kicks in. That’s a big deal, as many people have a commute to work that’s shorter than that, so lots of people could drive a Volt on purely electric power most of the time.
These factors make the Volt an even better deal, as it’s cheap to buy and it could save you money on gas. It’s very much worth a look if you’re in the market for a fuel-saving used car. Find a Chevrolet Volt for sale