GM to boost Chevrolet Volt output; tight supply expected this summer: - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 17 Old 05-19-2011, 07:30 AM Thread Starter
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GM to boost Chevrolet Volt output; tight supply expected this summer:

General Motors said Wednesday that it will boost production of the Chevrolet Volt, although a month-long retooling of the assembly plant will make the plug-in hybrid even tougher to get this summer.

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post #2 of 17 Old 05-19-2011, 09:03 AM
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How much are these cars with rebates?

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post #3 of 17 Old 05-19-2011, 09:08 AM
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Without a dealer markup, and after the tax credit, they're in the $35-$37 range.
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post #4 of 17 Old 05-19-2011, 04:09 PM
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seems expensive....I will stick with gasoline power.

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post #5 of 17 Old 05-19-2011, 04:11 PM
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seems expensive....I will stick with gasoline power.
Yup!
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post #6 of 17 Old 05-19-2011, 04:41 PM
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General Motors said Wednesday that it will boost production of the Chevrolet Volt, although a month-long retooling of the assembly plant will make the plug-in hybrid even tougher to get this summer.

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There is no way they're going to sell 60,000 Volts in one year. Shoot how much would the govt have to subsidize to lure buyers, half the cost of the car? There would also have to be a significant boost in demand (from qualified buyers). They must not be worried about losing money.

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post #7 of 17 Old 05-19-2011, 04:44 PM
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There is no way they're going to sell 60,000 Volts in one year. Shoot how much would the govt have to subsidize to lure buyers, half the cost of the car? There would also have to be a significant boost in demand (from qualified buyers). They must not be worried about losing money.
I agree, but it's not like they're sticking around on dealer lots either. There's plenty of liberals with too much money out there willing to pay whatever it costs to be greener than the other dirty liberal down the street.
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post #8 of 17 Old 05-19-2011, 04:57 PM
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And what's up with the dress code? Not sure he can see from under that hat.

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post #9 of 17 Old 05-19-2011, 05:17 PM
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On another note..I wouldn't mind a Volt if I could afford one. I rarely do 40 miles round trip and it'd be nice to not have to worry about gas prices for a while.



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post #10 of 17 Old 05-19-2011, 10:08 PM
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Lessee...

You buy a volt for an unsubsidized 41K, for example.

Now, you buy a Malibu LTZ for around an unsubsidized 27K. (approx. similar looking vehicle)

Around $14K difference for technology. 14K/3.91 gallon = about 3,580 gallons of gas.

Let's make some simplistic assumptions for a minute. You get, say, 25 mpg average out of the Malibu. You'd drive the Malibu almost 90K miles for the same price. Assuming the rest of the car maintenance costs are comparable, and you drive 15K per year, you're in it for 6 years before you "break even". Not even counting the gas or electricity costs for the Volt. Now you're pushing close to the useable life of the batteries. What was it, 8 years? And then it's $8K for new ones based on current replacement costs? And even WITH subsidies, it's basically free batteries if you keep it that long. If you keep both 6 years for example, the Volt would probably bring a LOT LESS on trade-in knowing that in a short time, you're going to be investing in batteries for it. They'll sit on the used car lots.

I'm looking solely at a rough ROI matchup here. I'm not anti-Volt, but I really can't see it being a game changer for me to put one in my driveway with some quick math. It doesn't really seem that cost effective in the short run.

Maybe I'm missing something, but I don't think I'll miss the Volt not being in my stable.

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