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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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RE: 50 grand..
By Reclaimer77 on 7/27/2010 1:03:50 PM , Rating: -1
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).


Don't you think you're being just *slightly* best-case in favor of the Volt? 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.

quote:
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).


LOL yeah, you are. Sorry but it doesn't work that way in real life.

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


I do agree it wasn't a good comparison. But are you serious with this bit? You obviously haven't driven an Evo...


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).


"Game reviewers fought each other to write the most glowing coverage possible for the powerhouse Sony, MS systems. Reviewers flipped coins to see who would review the Nintendo Wii. The losers got stuck with the job." -- Andy Marken














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