2016, 2017 Chevrolet Sonic Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP Invoice Price Destination Fee Holdback Dealer Cost
Chevrolet Sonic Prices - How Much is a Chevrolet Sonic?
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The 2017 model year marks the Sonic’s sixth. Although it still uses General Motors’ Gamma II front-wheel-drive platform, there have been a few significant changes. Outwardly, Chevrolet gives the Sonic a slightly revised front fascia and brand-new LED taillights. A rather robust four-speaker infotainment system—which includes AM/FM radio, Chevrolet MyLink in-car connectivity, and a 7-inch touchscreen display—is now standard. So is Android Auto and Apple CarPlay for executing entertainment controls with your smartphone, and a rearview camera for monitoring your driving when in reverse.
With the 2017 Chevrolet Sonic, you can choose between a four-door sedan and a five-door hatchback. Powering the vehicle is one of a pair of Ecotec inline 4-cylinder (I4) engines. The base machine is a 1.8-liter I4, which produces 135 horsepower and 125 lb-ft of torque. This goes on the LS and LT trims. (The hatchback is unavailable as an LS.) The top-level Premier trim gets the 1.4-liter turbocharged I4, which outguns the 1.8-liter with an output of 138 horsepower and 148 lb-ft of torque.
The engine on the 2017 Chevrolet Sonic is paired with either a 5-speed manual transmission or the 6-speed GM 6T30 automatic transmission. The car’s peak fuel economy—at 28 mpg in the city and 38 mpg on the highway—can be achieved by combining the smaller, 1.4-liter I4 with the 5-speed manual gearbox. Couple its small size with a touring suspension, and the Sonic is a crisp drive, able to make turns and navigate corners with great ease.
For starters, the 2017 Chevrolet Sonic, in addition to the aforementioned features, comes with the following:
• Bluetooth hands-free phone calling and audio streaming
• Steering wheel-mounted controls for convenient execution of infotainment functions
• Built-in Wi-Fi hotspot for 4G LTE wireless Internet access
• OnStar emergency communications system
• Electronic stability and traction control for stable driving at all times
• Anti-theft system that combines remote keyless entry with engine immobilization
• Ten-airbag system, which includes knee airbags for the driver and front passenger
On the LT trim, Chevrolet adds the following:
• Three-month trial subscription to SiriusXM satellite radio
• Two speakers to the audio system, thus bringing the grand total to six
• Cruise control for automatic control of vehicle’s speed
• Remote vehicle start system to cool or heat up the car before entering it
Exclusive to the Premier trim are:
• A sport-tuned suspension for a tighter, racing-style driving feel
• Front-seat heating capability
• Six-way power adjustability on the driver’s seat
How to Calculate The Dealer Cost of a Chevrolet Sonic
Formula for Calculating Dealer Cost:
- Example: Base Chevrolet Sonic invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Chevrolet Sonic Prices above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.