2016 Chevrolet Volt Priced At $39,990 In Canada

MAY 21 2015 BY ERIC LOVEDAY 20

2016 Chevrolet Volt

2016 Chevrolet Volt

2016 Volt LTZ

2016 Volt LTZ

General Motors has announced Canadian pricing for the 2016 Chevrolet Volt:

The 2016 model will start at $38,390 MSRP, plus a $1,600 destination freight charge.

In case you’re wondering, that’s only $105 less than the Canadian price on the outgoing 2015 Volt ($40,095 including freight).

Canadians likely won’t be thrilled by General Motors’ choice to only slightly discount the 2016 Volt.  In the U.S., the base 2016 Volt checks in $1,175 cheaper than the comparable 2015 Volt.

Editor’s Note: It seems that the currency fluctuation over the past few years (the Canadian dollar has fallen off significantly versus the US Dollar), has put GM into a bit of a spot when trying to price the new Volt’s MSRP less than the outgoing version, as the only slightly cheaper 2016 edition’s price of $39,990 Canadian actually works out to be $30,800 in US dollars.

A year ago, $35,700 (CAD) was equal to $32,800 (USD), and just over two years ago the two currencies were trading dollar-for-dollar.  So when speaking about the price of the 2016 Volt in US dollar terms for Candians – it is a steal; although Canadians may not feel that way in the pocketbook.

A General Motors Canada spokesperson says that the Canadian base 2016 Volt includes some added items to deal with Canada’s cold temps.  Those items include heated seats, steering wheel and outside rear-view mirrors.

The Next Generation 2016 Chevrolet Volt (show here in LTZ Siren Red Tintcoat Trim)

The Next Generation 2016 Chevrolet Volt (show here in LTZ Siren Red Tintcoat Trim)

Select provinces (Ontario, Quebec and British Columbia) in Canada get some strong incentives of up to $8,500 too. ($8,000 Quebec/$5,000 B.C.)

You’ll find additional pricing details, as well as some info on the Canada-specific 2016 Volt in the full press release below:

2016 Chevrolet Volt Provides Unique Content at Great Value for Canada
Next Gen delivers more technology at new price as low as $29,890

Oshawa, Ontario (Wednesday, May 20, 2015) – The Chevrolet Volt is poised to continue to bring new owners to the electric plug-in family. Pricing will be as low as $29,890 after the full provincial incentive of $8,500 (Ontario). Provincial incentives in Canada range from $0 up to $8,500. In response to Canadian Volt owner input, the next generation car will feature unique content that is packaged to optimize the all-electric driving range.

The 2016 model will start at $38,390 MSRP, plus a $1,600 destination freight charge. The lower 2016 Volt pricing will deliver new standard equipment that includes:

Location-Based Charging
Regen-On-Demand
Rear Vision Camera
LED low-beam headlamps
10 Airbags

Current Volt owners have found heated seats and steering wheels to be a comfortable alternative to using the full HVAC system, allowing increased electric range during Canada’s winter months. For 2016, the base Volt model in Canada will be standardly equipped with the following cold weather features:

Heated Seats
Heated Steering Wheel
Heated Outside Rearview Mirrors

“The next generation Chevrolet Volt delivers more technology, significantly increased EV range and even more refinement. It’s what our loyal Volt owners told us they wanted,” said Bob McClelland, brand director, Chevrolet in Canada. “With a lower starting price, unique Canadian content and more standard equipment, the Volt will deliver exceptional value and attract new customers.”

The Volt continues to be a success for the brand with nearly 70 percent of Volt owners trading in a non-GM product or adding to their household fleet in 2014, the highest of any Chevy nameplate. The number one trade-in for the Volt is the Toyota Prius. To date more than 75,000 first generation Volt owners have driven hundreds of millions of EV kilometres.

The new Volt will offer a GM estimated 80 kilometres of all-electric driving range on a single charge, a 31-percent improvement over the first-generation Volt. This means that new Volt owners should anticipate that approximately 90 percent of trips in a new Volt will be driven all-electrically.

Additionally, the 33 litre fuel tank and an estimated combined fuel consumption rating of 5.7 L/100km ensure that the Volt can travel farther on gasoline when needed. The current-generation Chevrolet Volt has been Canada’s best-selling plug-in vehicle for 4 consecutive years, based on CVMA and IHS Sales registrations.

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20 Comments on "2016 Chevrolet Volt Priced At $39,990 In Canada"

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Considering the Canadian version comes standard with features not offered on the base US version (heated seats/steering wheel/outside mirrors), the price seems reasonable.

You’d want the heated Winter Options anyways, in Canada…

Taking the exchange rate into account the price is almost the same, add in the extra features and its about equivalent. Still too expensive for anyone in the no-incentive provinces.

“A General Motors Canada spokesperson says that the Canadian base 2016 Volt includes some added items to deal with Canada’s cold temps. Those items include heated seats, steering wheel and outside rear-view mirrors.”

Oh, it is good to know that the steering wheel and rear-view mirrors are optional on the US Volt. Apparently it is fully autonomous now and can drive itself 😉

Joking aside, the heated steering wheel in my Leaf and heated side mirrors in my Insight are God-sent in the winter time. I’m glad to read that the Volt will have the option to include them both.

I believe the destination charge is already $1600 already plus $100 A/C tax. In effect, they’ve lowered the price by $5.

This does increase the price delta with the US somewhat, but that’s to be expected with the exchange rate how it is.

Still a good deal what you’re getting.

Is this just another hit piece on GM/Volt?

Mr. Loveday, how do you know Canadians are going to think negatively about the price.

Comparing US pricing and Canadian pricing as done here certainly makes it look like Canadians are getting ripped off….. until one takes into account that a Canadian dollar is worth 82¢ USD.

Which means Canadian Volts would be priced in the same ballpark as USA Volts. So – what’s the story about Canadians not being thrilled?

Hey Stuart,

Story was just updated live with more data. I just added in some specifics to the Canadian vs US dollar situation that is weighing on the 2016 pricing for Canada that I think speaks to what you are talking about.

Really if Canadians can think about the Volt’s price in US dollars it is quite a deal/improvement over two years ago. For myself, who is Canadian born (fair disclaimer: I spend a lot of time in the US, and have most of my investments in the US/some in Europe) it is easy to see the value…but I suspect most will not have this prospective.

Most individuals (regardless of where they come from) are home country/one currency sensitive, especially if they are buying cars via their paychecks. Canadians certainly didn’t receive 20% raises over the past 24 months to offset the drop in the dollar, so with essentially flat inflation in the country recently, $1 earned in 2013 is equal to a $1 in 2015.

What Canadians may or may not think is pure speculation. Taking a negative guess is counter to the promotion of EV/EREVs in general, and IMO had no reason to be here in this story.

OF COURSE THERE ARE REASONS to have this post. There are 2 types of promotion – real ones, that include both the up and down side of something, and what InsideEVs has done here, and blind ones, the one you are suggesting, Stuart22, to mask all the negatives for the sake of something someone “prefers.” Some call this agenda, other calls it propaganda.

There is NO negative guess. It shows whether a company really is promoting a clean technology, or is “just saying
(greenwash). We are all thinking humans, so it’s really up to us to interpret and decide.

One thing that I would like to caution both Jay Cole & you though, is that currency fluctuations do NOT always play a role in the pricing. Because GM has “HQ” in both countries (as well as factories), let alone the fact that both are in the free trade zone, and there are ways for companies to protect itself from currency fluctuations via revenue and expense hedging strategies, such as locking in the rates way in advance. Thus, stating that currency exchange will cause changes in vehicle pricing is actually incorrect.

Completely agree LB. When our dollars were at par, Canadian car prices were not lowered; we still paid up to 20% more for the same car. Currency valuation has never been a factor. As a Canadian, I can say that I find the news disappointing, and that I drew that conclusion all by myself. I wasn’t swayed by Inside EVs ‘negative guess’.

Would other new models from GM as well as other American made cars also reflect this perceived increase in cost? I would think they all would and some Canadians wouldn’t be happy about just having to pay more for cars period.

They seem to be discounting the volt at the before tax price, the discount comes off after the full amount is taxed (13%) that’s a slightly misleading press release

Well, they just need a good incentive program.

Oh wait . . . Harper. :-/

Have any of the parties said anything about a nation wide ev tax incentives? I wish they would… But that doesn’t win elections so sadly we won’t see that for a long time

My guess is that this car is only going to sell well in Ontario and Quebec with mediocre sales in BC and abysmal sales in non-incentive provinces.

I am sure that the base pricing of the Volt in Canada will be lowered as the canadian dollar rise back to a good value 😉

( There will be incentives from GM if canadian dollar rise again. When the canadian money was even, incentives for the Volt were generous )

I’D LET THE AMERICANS BUY THEM ALL ! You can Buy A “Made In CANADA” Comparable Size “Clean Running” HONDA CIVIC…& Have At least $18,000.00 Left over to do whatever you wish with….

“Clean running” haha! Reminds me of “Clean Diesel”… It’s all relative, hard to beat a car that uses no gas for daily driving, when it comes to a vehicle being clean. Especially in Canada with all the hydro power!

WHEN will it be available to purchase in Canada?