General Motors has officially announced that the new 2014 Spark EV will begin its leasing programs for customers beginning at $199 per month for a 36-month term with $999 due at signing. From the factory, Chevrolet’s latest EV runs with ...
General Motors has officially announced that the new 2014 Spark EV will begin its leasing programs for customers beginning at $199 per month for a 36-month term with $999 due at signing. From the factory, Chevrolet’s latest EV runs with a MSRP of $27,495, though tax incentives could bring it down to as low as $19,995.
The 2014 Chevrolet Spark EV is said to be capable of a total of 82 miles on a full charge for the MPGe equivalent to 119 mpg. This comes thanks to a 21 kWh lithium-ion battery pack that is also guaranteed for eight years or 100,000 miles, whichever comes first.
The Spark EV can be charged up to 80% within 20 minutes on a DC Fast Charging station when they begin showing up in select locations. A full charge from empty would otherwise take seven hours on a 240V charger. A 120V charger comes standard.
For full details, check out the press release after the jump.
Chevrolet Spark EV Lease as Low as $199 per Month
Could save owner average $150 monthly in fuel costs based on EPA assessments
DETROIT. – Chevrolet announced today a low mileage lease on the new 2014 Spark EV 1LT for as low as $199 per month* for 36 months, with $999 due at lease signing including security deposit (tax, title, license dealer fees extra), making the vehicle one of the most affordable EVs on the market.
Spark EV’s Manufacturer’s Suggested Retail Price starts at $27,495 – as low as $19,995 net of the full federal tax credit which ranges from $0 to $7,500 – and includes $810 destination freight charge.
Depending on their tax situation, California Spark EV owners may also qualify for other state and local tax credits and incentives ranging from $0 to $2,500, potentially reducing the price to $17,495. Spark EV owners in California are also eligible for High-Occupancy Vehicle, or carpool lane, access.
Compared to the average new gas-powered vehicle, the Spark EV can save drivers, on average, about $150 per month in fuel costs based on EPA assessments.**
The Spark EV will be available at select Chevrolet dealers throughout California and Oregon beginning mid-June 2013.
“The Chevrolet Spark EV is the most efficient – and now one of the most affordable – EVs you can buy” said Chris Perry, vice president, Chevrolet Marketing. “Combined with outstanding infotainment and great design, the fun-to-drive Spark EV is engineered to impress.”
The Spark EV features 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. The vehicle’s 21 kWh lithium-ion battery pack will continue Chevrolet’s tradition of offering outstanding limited warranty protection – eight years or 100,000 miles, whichever comes first.
Spark EV will be the first vehicle on the market to offer as an available option compatibility with the recently approved SAE combo charger for DC Fast Charging. The capability, available shortly after launch, will enable the Spark EV to recharge up to 80 percent of its capacity in approximately 20 minutes at select DC Fast Charging stations when they become available. Unlike most competitors, the Spark EV’s battery system is capable of handling multiple compatible DC Fast Charges daily. Charging can also be completed in less than seven hours using a dedicated 240V charge. A 120V charge cord set comes standard. Charging can be managed and monitored remotely using the Spark EV’s smart phone application, provided by OnStar, which is standard for three years.
Connectivity to Enhance Efficiency
The 2014 Chevrolet Spark EV will offer several forms of in-vehicle connectivity, including the MyLink infotainment system that includes a seven-inch touch screen and integration with third-party apps and features such as Siri Eyes Free, Pandora and BringGo navigation. These features require the user to purchase third party apps separately on a compatible smart phone. See Chevrolet.com/MyLink for more details. The Spark EV RemoteLink application is des