Managing the Financial Side of Commercial Fleets

GM Reduces Price for Chevrolet Spark EV

April 14, 2015

Photo courtesy of GM.
Photo courtesy of GM.

The Chevrolet Spark EV’s manufacturer’s suggested retail price (MSRP) will be reduced by $1,650, to $25,995, General Motors has announced. The Spark EV is eligible for federal tax credits of up to $7,500.

California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption, and Chevrolet is contributing bonus cash to Spark EV owners in California ($1,000), Maryland ($1,200), and Oregon ($3,500), the automaker said.

After full federal and state tax credits and Chevrolet bonus cash, the Spark EV could cost as low as $14,995.

The Spark EV is currently available at select Chevrolet dealers throughout California and Oregon, and select Chevrolet dealers in Maryland will have the vehicle available beginning in mid-2015.

The Spark EV has 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.

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