Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Will the Chevy Volt Succeed?

1171820222334

Comments

  • gfr1gfr1 Posts: 55
    From what I've read, $41,000. is "entry level", so plan quite a bit more, probably. Then, the $7,500. rebate is "up to". How many of us will qualify for how much of that? Then the "up to" mileage is slated for 40 mpg. Not going to happen, then, in desert summers and frigid north winters, etc., etc., etc. Pretty tiny car for those prices!
  • michael2003michael2003 Posts: 144
    Congratulations to Criswell Chevrolet in Gaithersburg, MD for allowing purchasers to submit an order at MSRP!

    Ordering process was extremely easy and quick.
  • stephen987stephen987 Posts: 1,994
    SPAM alert. . .
  • larsblarsb Posts: 8,204
    To chew upon:

    Lengthy Payback time did not deter Prius owners - doubtful if will deter Volt buyers

    Some Volt Math

    Today's big news is that GM will charge $41,000 MSRP for the Volt. (Question for GM: how will you keep dealers from adding a "market adjustment"?)

    Assume you can get the $7,500 tax rebate, so your actual price is $35,000, plus applicable local taxes. And suppose that a comparably equipped vehicle of similar size, in a non-hybrid flavor, can be had for $25,000 (a premium compact like a VW Jetta, Volvo C30, or a Subaru Impreza).

    For $8,500 premium, you get a 40mile all electric range. That represents 80% of the 16KWh battery, or about 13kWh. At 12c/kWh, if you can drive all electric, 15,000mi/year will cost you about $585. Very nice.

    If your premium compact gas car gets an average of just 30mpg, 15,000mi at $3.00/gal will cost you $1,500.

    Under these assumptions, best case (all electric Volt miles), you save $915/year driving the Volt. To gain back your $10,000 price premium, you will have to drive the Volt for 9.3 years, 1.3 year longer than the battery warranty.

    Now suppose you can't run your Volt 100% electric, but you need to rely on the gas generator engine for just 33% of your mileage. 10,000 miles electric will cost you $390, and 5,000 miles at 40mpg (assume) will cost you $375. Running a Volt 66/33 electric/gas will cost you $765. The payback time for your $10,000 premium is now over 11.1 years, 3 years longer than the battery warranty.

    My point here is that at $41,000 MSRP, the Volt is not a great deal, except for people who are passionate about not using much gasoline. In order to even come close to making sense for the average consumer, the Volt needs to be priced for a payback of about 5 years, or about $29,000 out-the-door, or $36,500 MSRP, with the $7,500 tax credit.
  • larsblarsb Posts: 8,204
    Premium Gas required:

    Fill 'Er Up with 93 Octane please

    As we're sure you've noticed by now, General Motors has been making lots and lots of waves over the past few days announcing the pricing information (finally!) of its 2011 Chevrolet Volt. And, you also likely know that the car is capable of traveling at least 40 miles per charge without using a single drop of gasoline. But hat happens when the time comes that you need to pump some good ol' crude into the tank? You'll be using premium.

    Yes, you read that right. It's premium unleaded only in GM's mostly gasoline-free automobile. It seems a bit odd that The General would force its customers into using higher-priced gasoline if there wasn't a good reason for it, especially since it doesn't seem that the engine is highly stressed – 80 horsepower from 1.4 liters isn't exactly bleeding edge.
  • PF_FlyerPF_Flyer Pennsylvania Furnace, PAPosts: 5,860
    Premium?

    That makes about as much sense as {insert your own colorful analogy here}

    The gasoline engine could pretty much be replaced by a Coleman portable generator and they require premium?

    Oh yea... some REALLY sharp pencils are at work on this one

    MODERATOR
    Need help navigating? pf_flyer@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • dmathews3dmathews3 Posts: 1,739
    But you will be able to lease them for $350 a month on 36 months. My problem is why G.M. would pick CA. to release them to first when everyone knows they prefer foreign stuff. Give it to those in the central states that drive G.M.
  • andres3andres3 CAPosts: 5,325
    There are portions of CA that are entirely HICKSVILLE USA where you will see a lot of domestic trucks and SUV's around.

    In the cities you'll see more reliable vehicles from Japan/Germany.
  • peter_peter_ Posts: 2
    Chevy Volt will succeed. Because the technology is moving ahead. It will get some time for people to accept the the electric car. But Chevy will have to face tough competition from the other car giants for best design and speed and for compatibility.
  • dmathews3dmathews3 Posts: 1,739
    Relieable as in Toyota and Lexus :P :lemon: :shades:
  • michael2003michael2003 Posts: 144
    I agree that the Volt is a great start to a new mode of transportation. Looking forward to somewhat more powerfull electric motors and more efficient power generators, but we have to get the ball rolling somewhere.

    I'm very hopfull that the Volt is a big success and that the Dealers do all they can to not impede its success.
  • fho2008fho2008 Posts: 393
    Said it before, many times, I'll say it again, when you can buy one, NOT LEASE one let me know.

    Apparently even the Nissan Leaf is only available as a lease.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,659
    They must have some reason for doing this?
  • michael2003michael2003 Posts: 144
    Both the Volt and the Leaf are available as either a purchase or a lease.
  • fho2008fho2008 Posts: 393
    Volt is NOT available. Apparently the Leaf is as Nissan is advertising it.
  • Sorry, but Volt is available to several locations. I know a few folks that have submitted their order. They have yet to determine whether to Lease or Buy, but the vehicle is available for order.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,659
    Big difference between "available" and "available for order".
  • larsblarsb Posts: 8,204
    Hair, meet Splitter.
  • fho2008fho2008 Posts: 393
    Volt is NOT available.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,659
    edited August 2010
    " Hair, meet Splitter"

    Really? Don't you know the difference between being able to order something vs. being able to walk right in and drive a car home?

    I can walk into my local Chevy dealer and drive home a new Malibu or I can leave a deposit on a Volt and place an order for delivery at some unknown time.

    Do you understand the difference now?
  • dmathews3dmathews3 Posts: 1,739
    I just went to the Leaf site and they ARE NOT AVAILIBLE TO BUY no matter what the other poster thinks. You can reserve one for $99. All that gets you is a place on the list so when they do come availible you can the get one. I guess that is the same as going to your local Chevy dealer and ordering one.
  • fho2008fho2008 Posts: 393
    So what happens when your order is cancelled?

    It happens.

    Then, if they make em, lease only? It DID happen, EV-1.

    Volt is NOT available. When I see em on Chevy dealer lots/the street, you win, so far........dont see em!!
  • sebring95sebring95 Posts: 3,232
    i'm not sure what the point of all this is. If I want to walk in today and trade my '05 Odyssey for an '11 Odyssey...can I do that? No...but a couple months and I'm sure I can. It's not like the Volt is still in the pipe-dream stage....so YAWN

    FWIW I was interested at the $30k-35k range but not $40k+.
  • larsblarsb Posts: 8,204
    Oh course I "understand" the difference, I'm not a 'tard, but the point is:

    What. Does. It. Matter ?

    We are in the "pre-release" phase of the Volt.

    What does it matter it you can order it, put down a deposit for it, or buy it sight unseen - it remains A CAR YOU CAN'T YET DRIVE OFF THE LOT BECAUSE IT'S NEW AND NOT IN THE SHOWROOM YET.

    And until THAT part changes, the rest is just semantics.
  • fho2008fho2008 Posts: 393
    Preaching to the choir. Amen.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,659
    I'm not the one who started this.

    To me, even 30-35,000 is WAY to much for that little car!
  • sebring95sebring95 Posts: 3,232
    It's not that small (civic-ish) and at $30k with the tax credit is in the ballpark of others. Sounds like it's going to be well equipped at entry level so probably very close to a Jetta TDI which would be what I would cross-shop.
  • dmathews3dmathews3 Posts: 1,739
    You have to have the vision to look at the whole picture. I have a 08 HHR that I have put about 15K on give or take with 99.5% or more in the 20 mile one way club which means in two years I would have put NO gas in it. I don't have to worry about for example the email I just got from gas buddy saying they are predicting the price of gas in my area will rise about 20 to 30 cents in the next 24 hours. What they should have did was make a HHR shape of elec. car so as to get the maximun use out of it. Not only could I drive it everyday, carry passengers but stop at the lumber yard and pickup some 2 X 4's etc.
  • I would also agree that providing this type of vehicle in a form that makes it a bit more flexible will go a long way towards opening up the market.

    I would personally prefer it be styled more like a Focus hatchback (the upcoming model) and have a solar panel on the roof to help reduce battery draw and keep car cool when sitting in sun.
  • reddroverrreddroverr Posts: 509
    I envision that some people will have to run the battery down on occasion so they can use the gas in the tank before it goes bad.

    the main thing is to hopefully get the battery cost down and get a more attractive price point. But, one good gas shortage like the 1970s or $5+ gas prices and this car becomes much more valued.
Sign In or Register to comment.