7 responses

  1. Thomas Jones (@niketown588)
    July 29, 2010

    Jay,

    Very nice post. Chevrolet has other hybrids and I hope that they’ve taken what they have learned from those and incorporated it into the Volt.

    The price tag of $41K has me wondering if that is for the “base” model. If that’s the case with a few cosmetic packages (rims, sunroof, etc) the car will easily cross $50K.

    It also makes me wonder that if the technology is new and/or different from current hybrids the cost to replace the battery will be astronomical.

    I’m skeptical and interested in whom is their target audience for this car. I guess we shall soon see.

    Reply

    • admin
      July 29, 2010

      Thomas,

      Thank you for the comment and compliment. Regarding Hybrid experience, GM’s current hybrid technology is lacking and is behind the systems from Toyota, Ford and Honda. It is mediocre at best and they are trying to leapfrog the others with the Volt.

      Regarding options, the Volt is fully loaded and so expect $41,000 to be the high end of pricing.

      Regarding the battery, you make an excellent point and I wonder the same. The battery is critical in the Volt; it relies exclusively on the battery for just about everything. Traditional hybrids are designed to run with a battery and a motor and so can have smaller batteries. The charge cycle is also different since the traditional hybrid runs the motor frequently while the goal is to minimize motor use in the Volt.

      Reply

      • Core
        December 6, 2011

        Just saw it for $45,000 with a moderate amount of options. I apologize but It looks cheap, reminiscent of a Hot-Wheels toy. It’s bling bling ugly, and the folks who buy Chevy’s will not be able to afford it, nor want to invest into new technology that will probably have too many bugs. Hopefully this will pave the way to cheaper hybrids but I doubt it.

        Reply

      • admin
        December 12, 2011

        Hi and thank you for your comment.

        It is certainly over-priced and prices have to come down significantly. I continue to wonder how the car is selling and whether GM is achieving their objectives. Of course, the recent news about elevated fire risk with the car does not help GM’s case. Hopefully they will get it sorted out, but if they don’t, the competition will.

        Reply

  2. mat
    September 6, 2010

    Companies can get a feel for sales based upon pre-orders. Not guaranteed, but sure beats NO ONE pre-ordering the Volt.

    I even have friends pre-ordering them based upon the favorable lease rates, which are far below what a car payment would be if they bought.

    My brother would save about $150 a month in fuel costs because of his long commute (even if he had to dip into using gas everyday). His old clunker is costing him an annualized average of $150 a month in repairs, too.. Not having airbags is also a problem of safety for my brother, and the Volt has a great airbag arrangement for safety.

    Reply

    • admin
      September 17, 2010

      Hi and thank you for your comment,

      I agree about pre-orders; however, I believe that a price is required to accept pre-orders. (I cannot imagine anyone pre-ordering without know the price of what they are buying!)

      Your point about lease rates is a good one; leases provide an effective method to subsidize the purchase price. Many manufacturers use leasing as an effective means to test new car technologies on a small scale.

      Regarding your brother, there is no doubt that he will save on monthly fuel with the Volt, but the real question is the net savings compared to the other cars listed when factoring in purchase price. I believe that given a typical length of ownership that he will get a better return by purchasing the Prius or Insight. Both cars come with lots of airbags too.

      Reply

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