Review: 2015 Chevrolet Spark EV can save you green - San Jose Mercury News
It took a price cut to generate a run on Chevrolet's 2015 Spark EV, with savvy car buyers realizing the lower price and federal electric vehicle tax credit can make for a super deal. Chevrolet lowered the starting retail price for the plucky subcompact electric car to $25,995 last month, making it the lowest-priced 2015 electric car with two rows of seats offered in the U. S. by a major auto manufacturer. With the $7,500 tax credit, the purchase price can wind up at just $18,495 -- akin to the price of a gasoline-powered small car like the Honda Fit EX. There also are the savings the Spark provides: $80 or more a month on gas, according to the... Even buyers who would prefer to lease the Spark EV can get in on the deal with Chevrolet's $139-a-month lease program that requires no down payment. Still, the appeal was quickly apparent as the Spark EV outsold the better-known and widely available Chevrolet Volt (starting retail price: $35,170) in April. The federal tax credit isn't directly taken off the purchase price of the Spark EV, but instead from a buyer's U. S. income taxes for the year the car is purchased. Source: www.mercurynews.com
