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Residents had become dissatisfied with the annual lease price for their land, he said.
The new car is available for sale or lease, but the lease price is not yet available.
For a minimum 17-day lease price, Renault provides a new car with all taxes, insurance and mileage costs covered.
Most in the business want an increase, but some drivers who lease their cabs are not sure, anticipating a subsequent increase in the lease price.
Mr. D'Arcy said the lease price cut was in part a pass-along of the $7,500 federal tax credit that was available to consumers who buy the car, but accrued to the company in leases.
According to another G.M. spokesman, Rob Peterson, the $41,000 price "represents the long-term value of the Volt, and the long-term value also supports an attractive lease price".
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The cheap lease prices are built into this calculation.
Lease prices hinge on the degree to which professional traders can turn a profit.
Seat lease prices boomed with dot-com stocks in the late 1990's.
Mr. Handler and Mr. Bourguignon acknowledged that they would have to raise rates if lease prices increased.
At the moment, lease prices seem to indicate that the business has become far less profitable for floor traders.
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