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Chevy Volt
GM's shining star finally get an official price

The Chevrolet Volt is undeniably the most high profile project going on at General Motors these days. The vehicle was first unveiled as a concept back at the Detroit Auto Show in January of 2007 and since that time has gone through a long gestation period.

The production version of the Volt is unrecognizable from the original concept that debuted in 2007, but its mission remains the same: to provide 40 miles of electric-only propulsion and an additional 300 miles when the 1.4-liter gasoline engine/generator kicks in.

Today, GM has announced official pricing for its Chevy Cruze-based vehicle. The vehicle will be priced at $41,000 ($33,500 net of full federal income tax credit). Fully loaded, the vehicle will run you $44,600 before the tax credit. It will also be available for a 36-month lease ($350 per month with $2,500 due at lease signing).

“The Chevrolet Volt will be the best vehicle in its class… because it’s in a class by itself,” said Joel Ewanick, vice president of U.S. marketing for General Motors. “No other automaker offers an electrically driven vehicle that can be your everyday driver, to take you wherever, whenever. The Volt will be packed with premium content and innovation, standard.”

When it comes to “mainstream” electric vehicles, the pricing of the Volt puts it a few pegs above Nissan’s Leaf electric vehicle (EV). The Nissan Leaf has a base MSRP of $32,780 before the $7,500 federal tax credit for EVs. Depending on what state customers live in, the final price of the Leaf can drop down to around $20,000 after local and state tax incentives.

According to GM's Online Order/Reference Guide, the Volt rides on a 105.7" wheelbase and measures 177.1" x 70.4" x 56.6" (L x W x H). Cargo capacity for the vehicle is listed at 10.6 cubic feet. Standard features for the Volt include a GPS navigation system (7" display), 30GB hard drive for audio storage, XM Radio/XM NavTraffic, OnStar, MyVOLT.com Vehicle Connectivity, and Bluetooth.

The Volt's 1.4-liter engine/generator also inexplicably requires premium fuel to operate. The gasoline generator is rated at 80 hp while the electric motor is rated at 74 hp and 273 lb-ft of torque. Total rated system power is 150 hp according to GM. The Volt's battery pack will come with an 8-year/100,000 warranty.

According to Green Car Advisor, the Chevy Volt can accelerate to 60 mph in about nine seconds. Top speed for the vehicle will be 100 mph.

When it comes to charging the vehicle, GM had this to say:

While the Chevrolet Volt will come standard with a 120-volt charge cord that will provide owners with the ability to charge their Volt directly from a standard home electrical outlet, a total of 4,400 Volt buyers in launch markets could be eligible for a free 240-volt charging station, including home installation.  The installations are part of a program developed by the U.S. Department of Energy (DOE) to install approximately 15,000 240-volt home charging stations across the U.S.

The Chevy Volt will be available in Silver Ice Metallic, Black, Crystal Red Metallic Tint,
White Diamond Tricoat, Cyber Gray Metallic, and Viridian Joule Tricoat.

Although customer-ready production models of the first generation Chevy Volt have yet to hit U.S. streets, GM is already brainstorming about changes it will make to the second generation model. The current Volt uses an off-the-shelf engine that it shares with the Chevy Cruze. Such a large and complex motor that is merely serving as a generator is both wasteful and expensive. GM instead wants to look at other options such as a smaller two-cylinder gasoline engine, rotary engine, or a small displacement diesel engine.

The Volt will also get a larger sibling in the form of the Volt MPV5. The Volt MPV5 trades the rather restrictive 4-passenger sedan configuration of the standard model for a crossover configuration that seats five and offers a more generous cargo area (62 cubic feet with the rear seats down). Due to the more compromised aerodynamics and heavier body, the Volt MPV5 can achieve a battery-only range of 32 miles instead of the Volt’s 40 miles.



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50 grand..
By Reclaimer77 on 7/27/2010 12:29:18 PM , Rating: -1
So basically without rebates and depending on trim levels, the Volt's true price is around 50k.

Does anyone else think that's just pathetic? It's really too bad GM couldn't go into REAL bankruptcy and shed the unions and trim the fat. Because there is just no way the car can cost that much given what it is.

Sorry GM but despite all your hype and government backing, it appears you haven't changed one bit. Not that you were ever allowed to in the first place...




RE: 50 grand..
By The0ne on 7/27/10, Rating: 0
RE: 50 grand..
By Reclaimer77 on 7/27/2010 12:52:14 PM , Rating: 4
Well I could almost understand it if they had to recoup the costs of R&D to develop the Volt with each sale. But the taxpayer already absorbed that cost. So what's the deal with that sticker price?

The National Gas Average price is $2.74 a gallon right now. Less in my area. But think about how much gas you could buy with 10 or more grand. Then tell me how the Volt, priced at 41k+, is saving you money on gas?


RE: 50 grand..
By theapparition on 7/27/2010 12:55:58 PM , Rating: 3
Depending on your driving habits, the Volt can save you close to $2000/yr on fuel over your Lancer (based on 15k miles per year).

Over 5 years that means the TCO of your Lancer will be $48,500 (36k + 5 x 2500). The Volt will be $36,000 (41k - 7500 + 5 x 500).

I'm not suggesting the Volt is great, or for everyone for that matter. Just that you are trying to compare two completely different cars to skew your argument.

The real punchline here is that you actually paid $36K for a frickin turbo'd Lancer.


RE: 50 grand..
By Reclaimer77 on 7/27/10, Rating: -1
RE: 50 grand..
By theapparition on 7/27/2010 1:31:35 PM , Rating: 3
I eat them on tracks monthly, and yes I have driven them. I have a lot of respect for the performance that they get out of them, but let's face it, they are Lancers that have an obscene turbo'd engine but not much else.

If GM stripped a base model car and put a 300hp engine in there, the internet would be all over about how Government Motors can't innovate and what a POS it is. But the Japeneese do it and it's such an innovation.


RE: 50 grand..
By Reclaimer77 on 7/27/10, Rating: -1
RE: 50 grand..
By cruisin3style on 7/27/2010 4:32:08 PM , Rating: 1
Showing how little you know: GM had the Cobalt SS up until MY 2008 or so and it is pretty much what you described (a base model front wheel drive car with a turbo charged engine) and from what I saw (I briefly thought about buying one) it got rave reviews.


RE: 50 grand..
By Reclaimer77 on 7/27/2010 6:48:28 PM , Rating: 2
What about the Neon SRT-4?? Same deal. Hell the Buick Grand National is one of the hottest collector cars to this day, and by his definition is just another "turbo'd" Buick. I mean, he's just so thick.

He just comes off as some bitter or stubborn American V-8 guy to me. Claiming some kind of pro-Japanese bias while at the same time ignoring all relevant American examples to the contrary.


RE: 50 grand..
By theapparition on 7/27/2010 1:41:34 PM , Rating: 4
quote:
Don't you think you're being just *slightly* best-case in favor of the Volt?

I stated depending on driving habits. You could certainly not see those savings, but it will always be signifigantly less cost than the Lancer, even if fully on gas engine.

quote:
You aren't "saving" anything when you start at a MUCH higher initial buy-in. Total value needs to be assessed, not just gas savings

But you don't start at a higher buy-in. 41K (for most the base options are quite sufficient) less the hated tax credit starts you at 33.5K. Fully optioned out starts you at 37k, same ballpark as the Lancer mentioned earlier.

quote:
Sorry but it doesn't work that way in real life.

And why not. For most, it is entirely possible they won't use any gas at all for normal commuting. Please enlighten me on how my numbers don't work in real life. And be specific.

If you commute more than 40miles a day, then the Volt may not be for you (or maybe it still will be since it gets very good mileage even with the gas engine).


RE: 50 grand..
By hyvonen on 7/27/2010 2:18:54 PM , Rating: 2
quote:
The real punchline here is that you actually paid $36K for a frickin turbo'd Lancer.


LMAO

Yeah, no kidding


RE: 50 grand..
By kfonda on 7/27/2010 2:47:32 PM , Rating: 3
quote:
Depending on your driving habits, the Volt can save you close to $2000/yr on fuel over your Lancer (based on 15k miles per year).


Does that include the cost of electricity to charge the Volt?


RE: 50 grand..
By clovell on 7/27/2010 3:22:30 PM , Rating: 2
Driving Habits... and the price of electricity, and the money saved on interest paid or earned on the $$-delta.

Still - I like the punchline.


RE: 50 grand..
By Shadowmaster625 on 7/27/10, Rating: 0
RE: 50 grand..
By kfonda on 7/27/10, Rating: 0
RE: 50 grand..
By The0ne on 7/28/2010 11:09:57 AM , Rating: 2
Yea, damn me and my rally cars. What was I thinking! Urgh, I need to get something that goes fast on straights and has absolutely no racing history to back it up! Hell, my rally cars are all cheap cars with turbo's attached like you said, nothing special. Hey, I'm a car noob, but I'll stick with my rally cars.

I just pray Tommi isn't on this pathetic blog reading idiotic threads, he'll be dead from extreme laughter.


RE: 50 grand..
By The0ne on 7/28/2010 12:34:41 PM , Rating: 2
So here is a bit of history on my pathetic rally car choices. Please forgive this dumb fck of a vehicle owner, I'm so noobish.

en.wikipedia.org/wiki/Mitsubishi_Lancer_Evolution
en.wikipedia.org/wiki/Subaru_Impreza_WRX_STI
en.wikipedia.org/wiki/Peugeot_206#206_in_rallying
en.wikipedia.org/wiki/Ford_Focus_WRC

And here's the poor slob that drove those crummy "lancers."

http://en.wikipedia.org/wiki/Tommi_M%C3%A4kinen
http://www.youtube.com/watch?v=vRwSkDojNbo

So as you can see, I totally blew it when I decided on them rally cars because what I should have done was bought cars that were fast in a straight from 0-60. Gosh darnit! Urgh, makes me so mad! Forget that I love driving on country roads, mountain roads and valleys...which have little to no straights.

Can some knowledgeable person here advise me on my next vehicle purchase. Please list all cars you think I need to go in a straight line. OBVIOUSLY, I'm too fcking dumb as I'm sticking with rally breed cars. Maybe I can just buy a small old civic, gut it out, turbo it and run a few nice times on the straights. Oh wait, then I be consider a rice boy eh? LMAO.

Yea, the real punchline it surely is LMAO

HAHAHAHAHHAAHHAAHAHHAHAAHAHAHAHAHHA


RE: 50 grand..
By Reclaimer77 on 7/28/2010 8:43:13 PM , Rating: 2
Yeah he's just ignorant. The simple fact of the matter is, for the money, the amount of value and performance packed into the Evo, STI, and similar vehicles are astounding. Those "rally" cars are awesome.

Also notice he laughs at your vehicle choice, and makes several degrading comments about your "Lancer", but never says what he's driving. Makes you wonder, eh?


RE: 50 grand..
By theapparition on 7/27/2010 12:48:23 PM , Rating: 5
Nice try, but even the fully loaded model doesn't come anywhere near $50k.

Sorry to interrupt your GM rant.


RE: 50 grand..
By Reclaimer77 on 7/27/10, Rating: -1
RE: 50 grand..
By lelias2k on 7/27/2010 1:01:07 PM , Rating: 5
quote:
The vehicle will be priced at $41,000 ($33,500 net of full federal income tax credit). Fully loaded, the vehicle will run your $44,600 before the tax credit.


RE: 50 grand..
By MrTeal on 7/27/2010 1:01:55 PM , Rating: 2
quote:
The vehicle will be priced at $41,000 ($33,500 net of full federal income tax credit). Fully loaded, the vehicle will run your $44,600 before the tax credit.


The base is only $41k, it's the fully loaded version that's priced at $44.6k


RE: 50 grand..
By Reclaimer77 on 7/27/10, Rating: -1
RE: 50 grand..
By ebakke on 7/27/2010 1:27:34 PM , Rating: 2
quote:
And yes, I'm none too happy about the massive rebate that each purchase of this car the taxpayer will be fronting.
Finally someone's looking out for me!


RE: 50 grand..
By theArchMichael on 7/27/2010 1:30:45 PM , Rating: 3
quote:
Have any of you actually bought a car in your life? That might be their list price, but without a trade in or money down, you will NOT be driving these off the lot for 41k or 44k.


I hope your talking about taxes and delivery and destination, because if you're regularly paying more than MSRP, I hope your at least getting free oil changes or an occasional hand job.
I understand that there will be initial rush to get one of these right away but when production ramps up and other options become available, dealer invoice is gonna be the price to shoot for.


RE: 50 grand..
By MrTeal on 7/27/2010 1:47:30 PM , Rating: 2
quote:
Have any of you actually bought a car in your life? That might be their list price, but without a trade in or money down, you will NOT be driving these off the lot for 41k or 44k.

Yeah, I have. While it might be different for the Volt given the niche market it will be serving, pretty much everything GM sells goes for list or less unless you let them sucker you into undercoating and the like. If you're paying extra service fees because you're financing 100% with no money down, you probably shouldn't be buying a Volt. GM products have so many discounts and cashbacks that it's hard to take their MSRP at face value, but the cars are usually cheaper than listed. Employee pricing for everyone! Wooo!

quote:
The Volt’s MSRP will start at $41,000 ($33,500 net of the full federal tax credit, which ranges from $0-$7,500) including a destination freight charge of $720.


Freight is included in the MSRP. Taxes obviously aren't, but that will depend on where you are.

Now, I do agree the Volt is too expensive to ever get market penetration. It won't be until they have a serial hybrid version of something like the Cobalt that people will think about buying these in quantity. Of course, I said that about the Prius too. I was wrong there, and could be here.


RE: 50 grand..
By lelias2k on 7/28/2010 8:08:31 PM , Rating: 1
You are never happy unless we're talking about gas guzzlers. :|


RE: 50 grand..
By theapparition on 7/27/2010 1:25:21 PM , Rating: 2
No,
Try reading again. That's fully loaded at 44K.

41K for the base model, and that's pretty well equipped. I would definately call that no where near 50K. If pricing got closer to 48K-49K, then I'd agree with you. But now you're just stretching.


RE: 50 grand..
By Spuke on 7/28/2010 11:20:37 PM , Rating: 2
quote:
I would definately call that no where near 50K. If pricing got closer to 48K-49K, then I'd agree with you.
My guess is with the small production numbers and appeal to the eco-trendy crowd, the Volt more than likely will see dealer markups. Expect to see only loaded cars on dealer lots and don't be surprised to see ~$50k sticker prices either.


RE: 50 grand..
By LRonaldHubbs on 7/27/2010 1:23:00 PM , Rating: 1
I agree, $41+K is obscene.


RE: 50 grand..
By marvdmartian on 7/27/10, Rating: 0
RE: 50 grand..
By marvdmartian on 7/27/2010 8:11:44 PM , Rating: 2
And it seems the posers are busy marking down anyone who calls them a poser! **SIGH**

Okay, here's my figures. My car gets ~34mpg. The Volt gets 340 miles out of a tank of gas, which is 7 gallons. My car will do the same number of miles with 10 gallons.

My car cost ~$20,000.00, while the Volt Costs ~$33,000 after the tax rebate. Still with me?

If we take the price of gas, currently ~$2.50/gallon, it would cost me $7.50 more to fill up every time. And that's NOT counting the cost of the electricity to charge the Volt's batteries.

At a price difference of $13,000, divided by $7.50, I'd have to gas up the Volt 1733 times, just in order to break even.

At 340 miles per fill-up (again, discounting the recharge cost), you're looking at almost 600,000 miles I would have to drive the Volt, just in order to break even.

If that doesn't spell POSER, I don't know what does!


RE: 50 grand..
By Reclaimer77 on 7/27/2010 9:01:22 PM , Rating: 2
Yeah this is just really absurd. I don't know who this person with multiple accounts is, but the pattern is too regular to be anything else.

None of these posts deserve 0's or -1's. Nobody is trolling or resorting to personal attacks. I feel sad if they come across facts or viewpoints they can't argue with, they need to resort to rating spammage.

quote:
If we take the price of gas, currently ~$2.50/gallon


Actually the gas engine on the Volt requires premium!! So it's MUCH more than 600k miles to break even. And who, honestly, keeps a car that long in this day and age?

Good post man. I applaud that, even in the face of such irrational immature downrate spam, you further drove home your point and backed it up with solid math.


RE: 50 grand..
By theapparition on 7/28/2010 12:00:50 AM , Rating: 2
Your math and logic is skewed.

You are trying to compare you car running constantly to a Volt running constantly. (340 miles per tank, etc). Long distance trips are not what the Volt is suited for, it is for short commuter travel, ideally under 40miles/day.

In that scenerio, you could conceivably never gas the Volt up at all. So now your little math experiment has fallen apart.

I don't care if people like the Volt or not (personally I'm appathetic towards it). It is not a car for everyone. But for those with an average commute, it could save them money in the long run.

And LOL about your comparison to a $20k car. The Volt is the size and would compete with larger cars, such as the Accord. It's not a tiny econobox like the LEAF is. Accords/Camry/Fusion have prices that approach 30k. So this (after the credit) is close in price and ammenities to the competition.

Don't like, fine, don't buy it. Simple as that.


RE: 50 grand..
By Brandon Hill (blog) on 7/28/2010 12:32:08 AM , Rating: 2
quote:
And LOL about your comparison to a $20k car. The Volt is the size and would compete with larger cars, such as the Accord. It's not a tiny econobox like the LEAF is. Accords/Camry/Fusion have prices that approach 30k. So this (after the credit) is close in price and ammenities to the competition.


Uhh, it is a "tiny" econobox. It's a Chevrolet Cruze in "green" clothing, which is an EPA classified compact car (the Volt and the Cruze share the same 105.7" wheelbase). The Accord is classified as an EPA classified large sedan.

In addition, due to its battery pack and packaging, the Volt even has 1.5" less rear legroom than the Cruze. It also has a smaller trunk (10.6 cu ft for the Volt vs 15.4 cu ft for the Cruze). And let's not forget that it only seats four people versus five for the Cruze and the rear seats don't fold down on the Volt.

So the Volt can't even compare with its sibling when it comes to passenger space/cargo capacity, let alone a larger vehicle like an Accord, Camry, Sonata, or Altima.


RE: 50 grand..
By Reclaimer77 on 7/28/2010 2:06:39 AM , Rating: 2
quote:
Long distance trips are not what the Volt is suited for, it is for short commuter travel, ideally under 40miles/day.


Nobody makes a car for "short trips". In fact their main selling point is that you can drive this anywhere for any period of time, as apposed to electric vehicles. So what the hell are you talking about?

quote:
Don't like, fine, don't buy it. Simple as that.


Yeah well you can't say this. The American taxpayers were raped to bail out GM, and then we're further being raped by this insane subsidy of each purchase. So sorry, but you don't get to shut us up. We're well within our rights to express our outrage at this absurd vehicle. We ARE buying it, weather it ends up in our driveway or not. And that's bull.


RE: 50 grand..
By marvdmartian on 7/28/2010 9:06:33 AM , Rating: 2
Hate to burst your bubble:
quote:
And LOL about your comparison to a $20k car. The Volt is the size and would compete with larger cars, such as the Accord. It's not a tiny econobox like the LEAF is.

My car is a Hyundai Sonata, which seats 5 (versus the Volt's 4), and I'd bet has considerably more interior and trunk room. You know......like an Accord.

And if this was designed for the short commuters, you know:
quote:
ideally under 40miles/day

then why did they put a gas tank and engine in it? They could have used that weight for more battery, giving it a longer range.

Oh, and as I stated, I didn't even account for the cost of recharging the batteries on the Volt, which would increase the number of miles you'd have to drive it before it pays for itself.

YOUR logic fails, sir.


RE: 50 grand..
By mattclary on 7/27/10, Rating: 0
RE: 50 grand..
By jthistle on 7/27/10, Rating: -1
"So if you want to save the planet, feel free to drive your Hummer. Just avoid the drive thru line at McDonalds." -- Michael Asher














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