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G.M. Puts $41,000 Price Tag on the Volt (If you had the money, would you buy?)
New York Times ^ | 07/27/2010 | Nick Bunkley

Posted on 07/27/2010 12:04:22 PM PDT by SeekAndFind

DETROIT — The Chevrolet Volt, a plug-in car capable of driving about 40 miles at a time on battery power without using any gasoline, will have a sticker price of $41,000 before a $7,500 federal tax credit, General Motors said Tuesday.

G.M. will also lease the Volt for $350 a month in the hopes of attracting consumers who want lower monthly payments or would hesitate to buy the vehicle until they are more comfortable with its technology.

The carmaker has begun taking orders for the Volt, using the Web site to direct consumers to a participating dealer. Dealers in selected states, including California, New York and Michigan, are scheduled to begin receiving the vehicle in November.

G.M. had kept the Volt’s price a secret since introducing the model as a concept more than three years ago, though executives had hinted that it would cost about $40,000. The price is considerably more than the Nissan Leaf, a pure electric car that goes on sale for $32,780 in December, but G.M. insists the Volt is a better value.

“You can drive it cross country, and our competition can’t do that,” Joel Ewanick, G.M.’s vice president for United States marketing, said. Nissan’s Leaf is expected to have a range of about 100 miles on a battery charge. The Volt has a small gasoline engine — which will require premium fuel, G.M. said Tuesday — that will give the car a total range of about 340 miles and allow drivers to fill up at a gas station if they cannot immediately charge the battery.

Both G.M. and Nissan are counting on the government’s $7,500 tax credit for plug-in cars to go a long way toward making their vehicles more affordable.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: electriccar; generalmotors; gm; volt
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Remember :

The credit, which buyers must claim when filing their tax return, begins to phase out after the manufacturer produces 200,000 qualifying vehicles.

In the case of leases, the leasing company is eligible to claim the credit. Nissan plans to lease the base model of the Leaf for $349 a month for three years with $1,999 because of delivery. The Volt’s $350-a-month lease is also for three years, with $2,500 due at delivery.

At those rates, lessees would pay $14,563 over three years for the Leaf and $15,100 for the Volt.

G.M. plans to build 10,000 Volts by the end of 2011 and 30,000 in 2012. The company has said it does not expect to earn a profit from early generations of the vehicle.

1 posted on 07/27/2010 12:04:25 PM PDT by SeekAndFind
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To: SeekAndFind

Not only would I not buy one of these useless things, I would not accept one as a gift.


2 posted on 07/27/2010 12:07:10 PM PDT by Howie66 (I can see November from my house.)
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To: SeekAndFind

No Volt for me. Stupid Idea anyway. Wonder what happens to the power bill when you plug it in.


3 posted on 07/27/2010 12:07:11 PM PDT by SWEETSUNNYSOUTH (Liberalism is a mental disease.)
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To: SeekAndFind

Let me get this straight. It runs 40 miles, and costs $40k ??? Who, in their right mind, in this economy, would spend that money on that !??


4 posted on 07/27/2010 12:08:03 PM PDT by farlander (Sic Semper Tyrannis)
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To: SeekAndFind

I doubt that it will pull the boat or make it through a Minnesota winter......


5 posted on 07/27/2010 12:08:05 PM PDT by ButThreeLeftsDo (Molon Labe.)
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To: SeekAndFind

Considering the price of electricity I think I’ll just keep my gasoline powered vehicle.


6 posted on 07/27/2010 12:08:30 PM PDT by Dayman
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To: SeekAndFind
What they showed...


What we get...


7 posted on 07/27/2010 12:08:45 PM PDT by Dallas59 (President Robert Gibbs 2009-2013)
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To: Howie66

Exactly right.


8 posted on 07/27/2010 12:08:48 PM PDT by benewton
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To: SeekAndFind

A fool and his money...


9 posted on 07/27/2010 12:08:48 PM PDT by reagan_fanatic (Never trust anyone who points their rear end at God while praying.)
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To: SeekAndFind

Nope, I wouldn’t buy one. I’m going to drive my paid for 2005 Jeep Liberty for as many years as it will hold up and judging by how great a vehicle it’s been so far - I won’t need a new car for many years. :o) (knock on wood).


10 posted on 07/27/2010 12:09:35 PM PDT by Grumpybutt (Back off! I'm Grumpy (love that car window sticker!) LOL)
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To: SeekAndFind

Even if this thing ran on nothing but air, it would still take 200,000 miles to make up the extra $20,000 it will cost you.


11 posted on 07/27/2010 12:09:35 PM PDT by Haiku Guy (There are 10 kinds of people: Those who get binary math, and those who don't.)
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To: SeekAndFind

I’ll stick with my 2002 Z-28 convertible.


12 posted on 07/27/2010 12:09:35 PM PDT by demsux (Obama: THE job destroyer)
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To: SeekAndFind

Would I buy a Volt? The answer is either “No” or “Hell No.”


13 posted on 07/27/2010 12:09:51 PM PDT by henkster (A broken government does not merit full faith and credit.)
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To: SWEETSUNNYSOUTH

And how do they generate electricity..nuclear power, or burn coal or oil...so???


14 posted on 07/27/2010 12:09:56 PM PDT by ken5050 (Save the Earth..It's the only planet with chocolate!!!)
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To: SeekAndFind

The Volt is GM’s answer to a stupid question no one has asked.

During the winter time, a battery’s life drops substancially, add to that the power for electical heat - so when the battery is nearly dead during my commute, and I dare to heat my frozen toes - now what?

This does not even consider the world-famous reputation for Low Quality that GM leads the world in. How many of these cars are being sold are defective, with a re-call just a matter of weeks away?


15 posted on 07/27/2010 12:10:04 PM PDT by Hodar (Who needs laws .... when this "feels" so right?)
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To: Howie66

Its never a good idea to be the first to buy a new model.

Let them work out the kinks first....


16 posted on 07/27/2010 12:10:24 PM PDT by PGR88
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To: SeekAndFind

Drive across country in it? I’ve never been to a motel or rest area that had outlets available to the public. I would not want to leave the door cracked overnite at a motel so I could run an extension cord out to the parking lot.


17 posted on 07/27/2010 12:10:46 PM PDT by stuartcr (Everything happens as God wants it to...otherwise, things would be different)
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To: SeekAndFind
Volt? I don't even like the name. It should be called the ZOT.
18 posted on 07/27/2010 12:10:46 PM PDT by JPG (Sarah Spitz? No, she swallowed the Obama agenda.)
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To: Dallas59

What??

No Babe??

That sucks!


19 posted on 07/27/2010 12:11:29 PM PDT by Howie66 (I can see November from my house.)
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To: SeekAndFind

Wouldn’t buy any EV/car where there was even the slightest chance I was going to have to pay to replace the batteries in it, even far down the road Heck, I worry about the cost of the four AGM batteries in my electric scooter ($350).


20 posted on 07/27/2010 12:11:32 PM PDT by steve86 (Acerbic by nature, not nurture)
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To: SeekAndFind
NO!...........
21 posted on 07/27/2010 12:11:39 PM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: SeekAndFind

Not a chance in .... 0bama’s final resting spot.

If I was buying a car right now it would be a Ford Focus at 35MPG starting at around $16,000.

I had a 2010 Focus on rental back in December. The giddy up and maneuverability along with the interior set up was outstanding.

Best car I drove all year.


22 posted on 07/27/2010 12:11:39 PM PDT by A message
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To: farlander
Who, in their right mind, in this economy, would spend that money on that !??

Someone with Al Gore's money??? Now I'd like to see if he actually puts his money where his mouth is.
23 posted on 07/27/2010 12:11:59 PM PDT by SeekAndFind
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To: SeekAndFind

40 miles wouldn’t even get me to work every day.


24 posted on 07/27/2010 12:12:28 PM PDT by Virginia Ridgerunner (Sarah Palin has crossed the Rubicon!)
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To: SeekAndFind

Twice as much for the purchase of an electric car, and here in Colorado, we now have two-tier electricity pricing in the summer (anything over bare minimum electricity use is billed at a higher rate), so twice as much to buy the car and twice as much to power the car to go 40 miles at a time. No thanks.


25 posted on 07/27/2010 12:12:33 PM PDT by keepitreal ( Don't tread on me.)
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To: SeekAndFind

Now we taxpayers not only get to fund 52 year old UAW retirees at 3 grand a month pension and silver plated bennnies, but pay a $7500 subsidy for each one of the cars the UAW members build.


26 posted on 07/27/2010 12:12:53 PM PDT by nascarnation
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To: SeekAndFind

Are the batteries warrantied to survive Minnesota winters
and is GM no longer run by the gubermint?


27 posted on 07/27/2010 12:13:13 PM PDT by WOBBLY BOB (drain the swamp! ( then napalm it and pave it over ))
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To: reagan_fanatic
The company has said it does not expect to earn a profit from early generations of the vehicle.

Then why build it?.......Oh, I forgot. GOVERNMENT MOTORS........

28 posted on 07/27/2010 12:13:51 PM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: SeekAndFind
(If you had the money, would you buy?)

Hell no.

29 posted on 07/27/2010 12:13:52 PM PDT by Non-Sequitur
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To: SeekAndFind

Damned expensive way to express your narcissism.


30 posted on 07/27/2010 12:14:00 PM PDT by RavenATB
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To: SeekAndFind
And furthermore - our kiddo in Afghanistan wired $6000 a couple months ago with instructions to find and buy him a car so #1 he wouldn't blow the $$, and #2 when he came home on leave he would have something to drive...... When you are dealing in flat out cash, you can get a pretty good deal - we drove off the lot with a 2001 Pontiac Bonneville fully loaded with leather, sunroof, only 80,000 miles, and all the extra's for that $6000 cash. And when he came home on leave (went back this past Sunday) he loved the car - put 1500 miles on it over the two weeks he was home.

Ok, I'll shut up now. LOL

31 posted on 07/27/2010 12:14:06 PM PDT by Grumpybutt (Back off! I'm Grumpy (love that car window sticker!) LOL)
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To: Howie66

I hate to break it to you, but when these things start to stack up in inventory and GM has to practically give them away to move them, you will be paying for them...you just won’t have to drive one.


32 posted on 07/27/2010 12:14:07 PM PDT by downtownconservative
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To: SeekAndFind
ReVOLT against the VOLT!

As a matter of fact, REVOLT against GM and Chrysler...period.

BHO Chg Stn


33 posted on 07/27/2010 12:14:13 PM PDT by FrankR (It doesn't matter what they call us, only what we answer to....)
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To: PGR88

RE: Its never a good idea to be the first to buy a new model.

Let them work out the kinks first....


I gather no true rich enviro believers are going to line up to buy the Volt when it comes out ( the same way people queued for blocks at midnight when the iPhone first debut ).


34 posted on 07/27/2010 12:14:36 PM PDT by SeekAndFind
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To: SeekAndFind

That’s what I call sticker shock.


35 posted on 07/27/2010 12:14:41 PM PDT by Disambiguator (Progressivism, Socialism, Marxism, Communism - it's all shades of black.)
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To: SWEETSUNNYSOUTH
Actually it isn't that expensice to recharege. At 12 cents a kilowatt hour the calculation might work like this:

220V X 10Amps = 2200 Watts = 2.2 KW .12cents/hour 6 hours = $1.54 cents to recharge. This is half the cost of gasoline. This assumes a 6 hour recharge.

36 posted on 07/27/2010 12:15:08 PM PDT by central_va (I won't be reconstructed, and I do not give a damn.)
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To: SeekAndFind

...so how much would this GM POS er, Volt cost after electricity costs “necessarily skyrocket” under cap and trade?


37 posted on 07/27/2010 12:15:44 PM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: ken5050

Didn’t you know? Electricity is magically produced by the electric company!


38 posted on 07/27/2010 12:15:58 PM PDT by brytlea (Jesus loves me, this I know.)
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To: demsux
I’ll stick with my 2002 Z-28 convertible.

I just changed the clutch in one of those for a buddy. Man it was one of the hardest auto jobs I've ever done. No room to work on anything.

39 posted on 07/27/2010 12:16:01 PM PDT by nascarnation
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To: SeekAndFind

Wait till all these hybrids and Volt’s batteries need to be replaced. There will be a lot of sticker shocked car owners. Count on seeing them for sale by the 1000s


40 posted on 07/27/2010 12:16:07 PM PDT by Wilderness Conservative
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To: Wilderness Conservative
Wait till all these hybrids and Volt’s batteries need to be replaced. There will be a lot of sticker shocked car owners. Count on seeing them for sale by the 1000s

Perhaps some enterprising type could create and sell a gas conversion for these cars. The irony would be delicious.

41 posted on 07/27/2010 12:17:43 PM PDT by Disambiguator (Progressivism, Socialism, Marxism, Communism - it's all shades of black.)
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To: SeekAndFind

hang on, it runs 40 miles ONLY and costs 40 grand, anyone would have to be a total nut buying one just like buying and riving one of those so called smart cars which are not smart to drive at all and actually make the person look really really dumb and stupid.


42 posted on 07/27/2010 12:17:50 PM PDT by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
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To: SeekAndFind
Those idiots have to be kidding right?
43 posted on 07/27/2010 12:17:56 PM PDT by KeyLargo
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To: brytlea

Shhhh...the secret is government unicorns on treadmills.


44 posted on 07/27/2010 12:18:09 PM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: ButThreeLeftsDo
I doubt that it will pull the boat or make it through a Minnesota winter......

Are you kidding me? Those folks at Government Motors got you covered!
Prototype Volt pulling a boat:


Volt with sunroof, (solar heating of the interior saves the batteries), and the optional manual snow extraction tool.

45 posted on 07/27/2010 12:18:34 PM PDT by brownsfan (The average American: Uninformed, and unconcerned.)
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To: PGR88

Like giving it a range that isn’t a complete joke?

Or telling us how to charge the batteries when Stroker tells us that the price of electricity is going to necessarily skyrocket?

Or what happens when the batteries crap out and have to be replaced?

Or, how I am going to load a ton of wood and sheetrock into it?

I’ll stick with my truck, thank you very much.


46 posted on 07/27/2010 12:18:50 PM PDT by Howie66 (I can see November from my house.)
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To: SeekAndFind

I couldn’t even make it to work and back.


47 posted on 07/27/2010 12:18:56 PM PDT by Lost Highway (I don't know what the world may need but a V8 engines a good start for me)
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To: SeekAndFind

Brilliant - let’s make cars the average working Joe can’t afford. They are such morons.


48 posted on 07/27/2010 12:19:11 PM PDT by jersey117
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To: SeekAndFind

I think I will be the contrarian on this one.

If the question is “If you had the money would you buy...?” the answer is Yes.

I was one of those guys (”fools”, if you will) who 30 years ago was buying CP/M computers at $3,000 with 64K of RAM. Innovators and early adopters drive technology improvements with their investment in technology early in its life. Without them, technology doesn’t advance.

If the question was “In your current circumstance, would you buy...?” the answer is No.


49 posted on 07/27/2010 12:19:41 PM PDT by Larry - Moe and Curly (Loose lips sink ships.)
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To: brytlea

Thanks...I thought it came from lightning bugs..


50 posted on 07/27/2010 12:19:54 PM PDT by ken5050 (Save the Earth..It's the only planet with chocolate!!!)
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