the BMW i8, and 29% for the Toyota Prius PHV. U.S. sales Since sales began in December 2010, a total of 157,054 Volts have been sold in the country through December 2019. The Volt listed as the all-time top selling plug-in electric car in the United States until February 2015, when it was surpassed by the all-electric Nissan Leaf in March 2015. Cumulative Volt sales passed Leaf sales in March 2016, and became once again the best selling plug-in car in the U.S. ever. In July 2016, Volt sales in the American market passed the 100,000 unit milestone. In December 2018 the Volt still ranked as the all-time best selling plug-in electric car in the United States, but by February 2019 it was surpassed by the all-electric Tesla Model 3. , the Volt ranked as the top selling plug-in hybrid in the American market ever, and also as the third all-time best selling plug-in car after the Tesla Model 3 (~300,000) and the Model S (~158,000). Resale value In May 2011 Kelley Blue Book (KBB) projected the 2011 Chevrolet Volt resale value at just over after 36 months, the length of a typical lease, which represents 42% of the car's suggested retail price (MSRP). KBB explains that even though the residual value seems low, the projection considered that the first 200,000 Volts sold qualified for a federal tax credit, which effectively reduces the MSRP to , making the represent 51% of its original value after the tax credit. In comparison, KBB notes, the 2011 Toyota Prius has a projected residual of 46% after 36 months. KBB's estimate assumed a gasoline price around per gallon in 2014. For 2012, Kelley Blue Book expected the Volt to retain 42% of its original value after 3 years and 27% after 5 years. Based on these figures, in November 2011 KBB awarded the Volt with the 2012 Best Resale Value Awards in the plug-in electric car category. KBB explains that the residual value for the Volt is lower than the market 35.5% average due to the federal tax credit, which lowers the transaction price and pushes down the residual value. Consumer Reports' analysis show that many Chevrolets lose about half of their purchase price after three years of ownership, and if the Volt depreciates the same, seems a reasonable estimate. However, Consumer Reports have noted that fuel-efficient hybrids and diesel models often depreciate far