Spark electric car's price sparks a sales run - The Detroit 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... Total sales of Spark EVs in April were small, 920, but far more than the 97 sold in January and more than the 905 Volts sold 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. The Spark EV’s starting manufacturer’s retail price and destination charge include power windows and door locks, keyless start, cruise control, air conditioning and Chevy MyLink entertainment system. Source: www.detroitnews.com
