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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, 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 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.

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 on 7/28/2010 12:32:08 AM , Rating: 2
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
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?

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:
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 an Accord.

And if this was designed for the short commuters, you know:
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.

"We don't know how to make a $500 computer that's not a piece of junk." -- Apple CEO Steve Jobs

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