![]() ![]() Explanation of True Cost to Own ® Terms Total Cash Priceįor new vehicles, the Total Cash Price displayed is the vehicle's True Market Value ® (TMV ®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax less any widely available manufacturer-to-customer cash rebates. We also take into account any applicable federal tax credit. Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO ® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). You are making a 10% down payment on the vehicle at purchase.You have an above-average credit rating for the purpose of determining your finance rate.You are financing the vehicle using traditional financing, not lease financing.Ownership expenses are estimated for a five-year period.The True Cost to Own ® calculations use the following set of assumptions: Note that TCO ® is a comparative tool, not a predictive tool - your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. Operating the Volt’s new plug-in electric extended range system can prove confusing to drivers who are used to traditional vehicles so the owner’s manual on this page is hugely important.Ĭhoose your year of manual on the left (or above if viewing on mobile) to view, download or print the Chevrolet Volt manual you need.The components of TCO ® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. The original 2011 version could achieve 38 miles on electricity alone but the updated batteries included with the second generation models extended that to 53 miles. This Volt operates as an electric car when it has a battery charge (provided by plugging it into an electricity mains point) until the battery is near empty where a small internal-combustion engine takes over. To fight the popularity of the Toyota Prius the Volt was introduced across as many regions as possible and thanks to its more “family car” configuration it eventually won over buyers. Production of this model began back in 2011 and by December 2018 the car won the title of the best-selling plug-in electric car only for it to be taken away by the Tesla Model 3 just over a year later. You can also find this car selling as the Holden Volt, the Buick Velite 5, the Vauxhall Ampera in the UK and the Opel Ampera in the rest of Europe. If you are considering purchasing a new or used model and want to learn more about this type of vehicle before making your purchase then check out the range of owner’s manuals to the left. ![]() The Chevy Volt has been praised as one of the most fuel-efficient cars on the market today with an EPA rating of 98 MPGe or miles per gallon equivalent. It is an electric vehicle that uses a battery pack for power, meaning it does not need gasoline, like traditional vehicles. The Chevrolet Volt is an electric car that is sold under different brands around the world by General Motors.
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