Chevrolet: Volt news **Production Cut (page 8)**
03-27-2010, 11:01 AM
#161
AZ Community Team
National Geographic Ultimate Factories - Chevy Volt
http://channel.nationalgeographic.co...s/all/Overview
It's not online yet, but this week's new Ultimate Factories showed the pre-production manufacturing of the Volt. It was really interesting to watch the much more human involvement with the pre-preduction cars with very few robots involved and people assembling the vehicles.
It's not online yet, but this week's new Ultimate Factories showed the pre-production manufacturing of the Volt. It was really interesting to watch the much more human involvement with the pre-preduction cars with very few robots involved and people assembling the vehicles.
07-27-2010, 02:56 PM
#162
Race Director
http://www.latimes.com/business/auto...tory?track=rss
The Chevrolet Volt, the first mass-market electric vehicle from General Motors Co., will have a sticker price starting at $41,000 when it hits showrooms later this year.
But government tax credits and rebates designed to speed the entry of electric vehicles into the marketplace will make the price more attractive. There's a federal tax credit of $7,500 for electric vehicles. That lowers the Volt price to $33,500. An earlier report factored in an additional $5,000 credit for Californians, which would have brought the price to $28,500, but GM said the Volt will not be included in the state's special rebate program.
The sticker price of the hybrid Toyota Prius, the current favorite of gasoline misers and eco-drivers, ranges from $22,150 to $28,820, depending on the trim level and equipment.
Chevrolet also plans to offer a lease program on the Volt with a monthly payment as low as $350 for 36 months plus $2,500 due at lease signing. And in a move to reassure potential buyers that they won't have to make a costly battery replacement early in the life of the vehicle, GM is guaranteeing the battery in the Volt for eight years or 100,000 miles.
But government tax credits and rebates designed to speed the entry of electric vehicles into the marketplace will make the price more attractive. There's a federal tax credit of $7,500 for electric vehicles. That lowers the Volt price to $33,500. An earlier report factored in an additional $5,000 credit for Californians, which would have brought the price to $28,500, but GM said the Volt will not be included in the state's special rebate program.
The sticker price of the hybrid Toyota Prius, the current favorite of gasoline misers and eco-drivers, ranges from $22,150 to $28,820, depending on the trim level and equipment.
Chevrolet also plans to offer a lease program on the Volt with a monthly payment as low as $350 for 36 months plus $2,500 due at lease signing. And in a move to reassure potential buyers that they won't have to make a costly battery replacement early in the life of the vehicle, GM is guaranteeing the battery in the Volt for eight years or 100,000 miles.
$41k?!
07-27-2010, 04:40 PM
#165
The sizzle in the Steak
Why do us taxpayers have to pay $7,500 per vehicle to a company that we already bailed out for billions?!?!?!?
The inmates are truly running the asylum.
The inmates are truly running the asylum.
07-27-2010, 06:49 PM
#166
Three Wheelin'
That lowers the Volt price to $33,500. An earlier report factored in an additional $5,000 credit for Californians, which would have brought the price to $28,500, but GM said the Volt will not be included in the state's special rebate program.
07-27-2010, 07:34 PM
#167
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THIS is government as it's best. CA released the program earlier this year before the Volt, Nissan Leaf, and Fisker Karma were available to the public. So the $4.1 million allocated for the program was basically used up on the Tesla roadster and non-mainstream electrics. There are basically no funds left for vehicles like the Volt. Niiiccceeeee.
Someone at GM is 
07-29-2010, 12:55 PM
#170
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Lets do some math:
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas: $2.45/gal
The difference in price would buy 8,571.43 gallons of gas. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Assuming the average driver drives 12,000 miles a year, AND you only drive the Volt on the 40 mile range of it’s battery, using no gas, you’d have to own the Volt for 20.7 years to justify the price difference in gas savings.
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas: $2.45/gal
The difference in price would buy 8,571.43 gallons of gas. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Assuming the average driver drives 12,000 miles a year, AND you only drive the Volt on the 40 mile range of it’s battery, using no gas, you’d have to own the Volt for 20.7 years to justify the price difference in gas savings.
07-29-2010, 01:48 PM
#171
The sizzle in the Steak
^^ did you do a lease calc?
07-29-2010, 02:06 PM
#172
Race Director
Lets do some math:
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas: $2.45/gal
The difference in price would buy 8,571.43 gallons of gas. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Assuming the average driver drives 12,000 miles a year, AND you only drive the Volt on the 40 mile range of it’s battery, using no gas, you’d have to own the Volt for 20.7 years to justify the price difference in gas savings.
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas: $2.45/gal
The difference in price would buy 8,571.43 gallons of gas. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Assuming the average driver drives 12,000 miles a year, AND you only drive the Volt on the 40 mile range of it’s battery, using no gas, you’d have to own the Volt for 20.7 years to justify the price difference in gas savings.
The electricity to recharge the Volt is not free.
07-29-2010, 03:08 PM
#175
Even if you do a lease, your still going to pay a pretty penny. Just like with Acura nav systems, V8 engines, etc leasing is less advantageous on vehicles with high powered/expensive pieces of technology b/c the auto manufacturers want to get every last penny for those technologies. I found that out the hard way back when I got my 08 TL. Acura wanted to charge a ridiculous amount more per month for the nav system. When I calculated the extra amount per month Acura wanted for the nav system, at the end of the lease I would have paid for the nav system 3x what its price tag was. The hybrid and electric vehicles are the same way b/c they are expensive pieces of technology. I once got a lease price on a Prius a few years back for the hell of it and it was just absolutely out of the ballpark what they wanted for it, and this was after it had been out for several years.
Plus, do you still get the tax credit if you lease the car? B/C with leasing there is no guarnatee your going to keep the car at the end of the lease and why would the gov't want to pay for someone who isn't going to keep their Volt, Prius, Insight, etc for the long-term.
Plus, do you still get the tax credit if you lease the car? B/C with leasing there is no guarnatee your going to keep the car at the end of the lease and why would the gov't want to pay for someone who isn't going to keep their Volt, Prius, Insight, etc for the long-term.
07-29-2010, 05:54 PM
#179
אני עומד עם ישראל
$41k for a coal powered car? awesome!
07-29-2010, 07:34 PM
#180
41K? do they really think they are going to be able to sell them at that? lol good luck.........
07-29-2010, 08:33 PM
#181
I'm the Firestarter
Luddites, all of you!
07-30-2010, 12:28 AM
#182
Punk Rocker
07-30-2010, 03:45 PM
#183
old school
I remember reading somewhere that GM doesn't really expect to sell the Volt; they're hoping it will lure people into their showrooms who will ultimately end up buying Cruzes, or maybe even Malibus. Considering the Cruze only costs, I believe, $17k, the calcs above for the Civic pretty much prove this point.
And oh yeah, crack is a hell of a drug.
And oh yeah, crack is a hell of a drug.
07-30-2010, 07:07 PM
#184
Lets do some math:
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas: $2.45/gal
The difference in price would buy 8,571.43 gallons of gas. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Assuming the average driver drives 12,000 miles a year, AND you only drive the Volt on the 40 mile range of it’s battery, using no gas, you’d have to own the Volt for 20.7 years to justify the price difference in gas savings.
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas: $2.45/gal
The difference in price would buy 8,571.43 gallons of gas. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Assuming the average driver drives 12,000 miles a year, AND you only drive the Volt on the 40 mile range of it’s battery, using no gas, you’d have to own the Volt for 20.7 years to justify the price difference in gas savings.
Next Civic will be closer to 35-36 mpg combined. and you have to consider th cost of insurance. the expensive the car the higher the insurance.
add $500 per year more for $40K car compared to $20K car.
07-30-2010, 09:25 PM
#185
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The main reason for the Volt is so that GM will still be able to sell Corvettes, SUV's and Trucks. The gov sets fuel mileage standards (average) for a complete manufactures line. Because the Volts mileage is through the roof it raises the average. Its the only reason any of the manufactures are making electric powered cars. Nissan got theirs out first simply because they have the worst gas mileage of just about any manufacture! LOL
EA
EA
07-31-2010, 11:31 AM
#186
The main reason for the Volt is so that GM will still be able to sell Corvettes, SUV's and Trucks. The gov sets fuel mileage standards (average) for a complete manufactures line. Because the Volts mileage is through the roof it raises the average. Its the only reason any of the manufactures are making electric powered cars. Nissan got theirs out first simply because they have the worst gas mileage of just about any manufacture! LOL
EA
EA
08-01-2010, 07:07 AM
#187
AZ Community Team
08-01-2010, 08:26 AM
#188
Back From The dead
That $41k car will never break down
08-01-2010, 10:19 AM
#190
Back From The dead
No one will ever buy one.
08-01-2010, 09:28 PM
#192
Senior Moderator
I remember reading somewhere that GM doesn't really expect to sell the Volt; they're hoping it will lure people into their showrooms who will ultimately end up buying Cruzes, or maybe even Malibus. Considering the Cruze only costs, I believe, $17k, the calcs above for the Civic pretty much prove this point.
And oh yeah, crack is a hell of a drug.
And oh yeah, crack is a hell of a drug.
08-01-2010, 11:22 PM
#195
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While I agree that it is overpriced at $41K, what I don't understand is who is willing to buy this so badly that Chevy is increasing production by 50%.
http://www.leftlanenews.com/volt-ord...-increase.html
http://www.leftlanenews.com/volt-ord...-increase.html
08-02-2010, 07:01 AM
#197
Race Director
While I agree that it is overpriced at $41K, what I don't understand is who is willing to buy this so badly that Chevy is increasing production by 50%.
http://www.leftlanenews.com/volt-ord...-increase.html
http://www.leftlanenews.com/volt-ord...-increase.html
08-02-2010, 07:55 AM
#198
I'm the Firestarter
The only way that plan would work is if they sold enough Volts to affect their average, so it's not like they have some sinister plan to sell only a handful. I'm sure they're doing their best to sell lots of them and not make a huge loss.
08-02-2010, 02:09 PM
#199
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They probably got word that individuals, companies and fleets (like Enterprise) plan to buy more than they predicted - to look "green". I'm sure Google will order a fleet of them (and dump their Priuses). Of course all of those purchases will be a one time "fad" type buys -the question is: will anyone show up the second year?
08-02-2010, 02:15 PM
#200
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“We can’t make money on the first Volts,” said Troy Clarke, president of GM’s North American operations. “But as we get a chance to change the generations of technology, we’ll lose less and less.”