Before a new model of car can go on sale, carmakers and dealers have to clear inventory of its predecessor.
It’s not uncommon for carmakers to offer significant discounts on the outgoing version to clear the way for the redesign.
As General Motors prepares to start production of the new 2016 Chevrolet Volt, it’s doing exactly that to get its 2015 models off dealer lots.
DON’T MISS: 2015 Chevrolet Volt Production Ends To Retool For All-New 2016 Volt Launch
Buyers willing to stick with the old model can currently take advantage of major discounts on the 2015 Volt, according to CarsDirect.
Effective April 14, Chevy started a new $1,500 rebate for the car, more than doubling total rebates from $1,000 to $2,500.
Lease payments have also dropped $50, to $249 per month for 39 months. The yearly mileage cap is unchanged at 10,000 miles.
[EDITOR’S NOTE: As