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	<title>Comments on: GM CEO&#8217;s Best Guess:  Volt Will be Priced in &#8220;Mid to High 30&#8217;s&#8221;</title>
	<atom:link href="http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/feed/" rel="self" type="application/rss+xml" />
	<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/</link>
	<description>Real-time news, information, and discussion about the Chevrolet Volt.</description>
	<lastBuildDate>Sat, 21 Nov 2009 04:54:54 -0800</lastBuildDate>
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		<title>By: Stuart Waugh</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-63392</link>
		<dc:creator>Stuart Waugh</dc:creator>
		<pubDate>Tue, 02 Sep 2008 18:12:06 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-63392</guid>
		<description>I own a 2008 Prius which I bought in January. With all the luxuries you could get it ran $28,000 ($300 below invoice) - the GPS and leather were insisted upon by my wife, and I&#039;m glad I sprung for them. I got the Toyota after giving up on GM producing a car that met my quality small car and green fuel desires. I had 9 years of GM card built up. The Volt puts them back in the game for me. 

The early adopters will be people like me, double 6-digit income professional families, West or East coast types. $35-40 K is OK, especially if options like leather are available and GPS standard. The key will be to look distinct and to have good quality interior materials. Most of us live in Luxury SUV neighborhoods. The demographic is the same as the Prius.

BTW my listed price to pay was $38,000, but deposit was small, $1200. I should rethink the deposit, as $2500-3000 is more realistic.</description>
		<content:encoded><![CDATA[<p>I own a 2008 Prius which I bought in January. With all the luxuries you could get it ran $28,000 ($300 below invoice) &#8211; the GPS and leather were insisted upon by my wife, and I&#8217;m glad I sprung for them. I got the Toyota after giving up on GM producing a car that met my quality small car and green fuel desires. I had 9 years of GM card built up. The Volt puts them back in the game for me. </p>
<p>The early adopters will be people like me, double 6-digit income professional families, West or East coast types. $35-40 K is OK, especially if options like leather are available and GPS standard. The key will be to look distinct and to have good quality interior materials. Most of us live in Luxury SUV neighborhoods. The demographic is the same as the Prius.</p>
<p>BTW my listed price to pay was $38,000, but deposit was small, $1200. I should rethink the deposit, as $2500-3000 is more realistic.</p>
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		<title>By: Herm Perez</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61738</link>
		<dc:creator>Herm Perez</dc:creator>
		<pubDate>Wed, 27 Aug 2008 12:15:00 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61738</guid>
		<description>more details:

uses 47kw motor, top speed 81mph, range 100 miles, uses a gear box and differential to drive the rear wheels.

http://www.greencarcongress.com/2007/03/mitsubishi_deli.html</description>
		<content:encoded><![CDATA[<p>more details:</p>
<p>uses 47kw motor, top speed 81mph, range 100 miles, uses a gear box and differential to drive the rear wheels.</p>
<p><a href="http://www.greencarcongress.com/2007/03/mitsubishi_deli.html" rel="nofollow">http://www.greencarcongress.com/2007/03/mitsubishi_deli.html</a></p>
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		<title>By: Herm Perez</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61735</link>
		<dc:creator>Herm Perez</dc:creator>
		<pubDate>Wed, 27 Aug 2008 12:01:53 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61735</guid>
		<description>Here is an example of a pure electric car, the Mitsubishi i-Miev.. 

http://www.greencarcongress.com/2008/08/mitsubishi-mo-1.html#more

it uses a similar battery pack to the Volt, a 16kwh pack, has a range of 100 miles and does not have a range extender gas engine. It is a much smaller car and it will sell for $27,500

I would love to have one!

The basic i-Miev car in gas powered form would be about $10k, a basic Volt sized car maybe $20k??, so about $10k difference.. so the Volt at about $37k is about right. Eventually the battery cost will come down.. if they make enough of them.

here is more detail:

http://www.greencarcongress.com/2008/02/mitsubishi-moto.html</description>
		<content:encoded><![CDATA[<p>Here is an example of a pure electric car, the Mitsubishi i-Miev.. </p>
<p><a href="http://www.greencarcongress.com/2008/08/mitsubishi-mo-1.html#more" rel="nofollow">http://www.greencarcongress.com/2008/08/mitsubishi-mo-1.html#more</a></p>
<p>it uses a similar battery pack to the Volt, a 16kwh pack, has a range of 100 miles and does not have a range extender gas engine. It is a much smaller car and it will sell for $27,500</p>
<p>I would love to have one!</p>
<p>The basic i-Miev car in gas powered form would be about $10k, a basic Volt sized car maybe $20k??, so about $10k difference.. so the Volt at about $37k is about right. Eventually the battery cost will come down.. if they make enough of them.</p>
<p>here is more detail:</p>
<p><a href="http://www.greencarcongress.com/2008/02/mitsubishi-moto.html" rel="nofollow">http://www.greencarcongress.com/2008/02/mitsubishi-moto.html</a></p>
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		<title>By: Joe</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61107</link>
		<dc:creator>Joe</dc:creator>
		<pubDate>Sun, 24 Aug 2008 11:32:22 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61107</guid>
		<description>jefro Says: @149

If your that smart, remove the engine. It&#039;s your after you&#039;ve bought it. I for one would not want to worry if I going to make it home when the traffic is heavy and,,,,,, for a million other reasons.</description>
		<content:encoded><![CDATA[<p>jefro Says: @149</p>
<p>If your that smart, remove the engine. It&#8217;s your after you&#8217;ve bought it. I for one would not want to worry if I going to make it home when the traffic is heavy and,,,,,, for a million other reasons.</p>
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		<title>By: Joe</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61105</link>
		<dc:creator>Joe</dc:creator>
		<pubDate>Sun, 24 Aug 2008 11:27:27 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61105</guid>
		<description>jbsmoky Says: @148

That&#039;s why GM is coming out with the Cruze. If you can not afford the Volt, buy the Cruze. GM is in business to make money. Sorry, if the Volt is too expensive to start with but it is no different than any other new high tech product like flat screen TV&#039;s for example.</description>
		<content:encoded><![CDATA[<p>jbsmoky Says: @148</p>
<p>That&#8217;s why GM is coming out with the Cruze. If you can not afford the Volt, buy the Cruze. GM is in business to make money. Sorry, if the Volt is too expensive to start with but it is no different than any other new high tech product like flat screen TV&#8217;s for example.</p>
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		<title>By: jefro</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61068</link>
		<dc:creator>jefro</dc:creator>
		<pubDate>Sat, 23 Aug 2008 19:39:40 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61068</guid>
		<description>How much less if I buy it without the gas motor?

 I&#039;d like to remove it anyway.</description>
		<content:encoded><![CDATA[<p>How much less if I buy it without the gas motor?</p>
<p> I&#8217;d like to remove it anyway.</p>
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		<title>By: jbsmoky</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61000</link>
		<dc:creator>jbsmoky</dc:creator>
		<pubDate>Sat, 23 Aug 2008 02:32:34 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-61000</guid>
		<description>Here we go again. US auto makers just don&#039;t get it. People who want a car that uses little or no fossil fuel and is chear to operate don&#039;t want to pay $35 K plus for it. We already have cars that get 35 to 60 mpg that cost between $25 and $35 K. Where is the incentive for buying the Volt.

Advise for GM : Go ahead and produce the Volt at $40 K. You need to keep top management happy. But GM want to be a leader produce another model that sells fo $17 to 28 K.</description>
		<content:encoded><![CDATA[<p>Here we go again. US auto makers just don&#8217;t get it. People who want a car that uses little or no fossil fuel and is chear to operate don&#8217;t want to pay $35 K plus for it. We already have cars that get 35 to 60 mpg that cost between $25 and $35 K. Where is the incentive for buying the Volt.</p>
<p>Advise for GM : Go ahead and produce the Volt at $40 K. You need to keep top management happy. But GM want to be a leader produce another model that sells fo $17 to 28 K.</p>
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		<title>By: Shawn Marshall</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-60709</link>
		<dc:creator>Shawn Marshall</dc:creator>
		<pubDate>Thu, 21 Aug 2008 19:05:49 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-60709</guid>
		<description>If you have a good number you may want to keep it, foolio, even if YOU can&#039;t afford to purchase(that&#039;s a hint son).

Get an all electric motor cycle XM3500Li for $4k to tide you over; 50 mph and 80 mile range.</description>
		<content:encoded><![CDATA[<p>If you have a good number you may want to keep it, foolio, even if YOU can&#8217;t afford to purchase(that&#8217;s a hint son).</p>
<p>Get an all electric motor cycle XM3500Li for $4k to tide you over; 50 mph and 80 mile range.</p>
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		<title>By: Go GM</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-60665</link>
		<dc:creator>Go GM</dc:creator>
		<pubDate>Thu, 21 Aug 2008 17:15:23 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-60665</guid>
		<description>Where is this $35k to $40k coming from? I thought a $20k Malibu - 2.4L+1.4L+Electrical Motor +$10k battery is about $30k. 

I think GM want to pocket the Tax credit money. Or, this is a collector&#039;s item for Jay Leno, not for average Joe. No wonder they are making only 10k units for the 1st year production.

These shortsighted top people in GM are really pissing away an optunity to do something good, for GM, for average people and for the country.

Take my name off the waiting list, if the price is not below $30k before rebate.</description>
		<content:encoded><![CDATA[<p>Where is this $35k to $40k coming from? I thought a $20k Malibu &#8211; 2.4L+1.4L+Electrical Motor +$10k battery is about $30k. </p>
<p>I think GM want to pocket the Tax credit money. Or, this is a collector&#8217;s item for Jay Leno, not for average Joe. No wonder they are making only 10k units for the 1st year production.</p>
<p>These shortsighted top people in GM are really pissing away an optunity to do something good, for GM, for average people and for the country.</p>
<p>Take my name off the waiting list, if the price is not below $30k before rebate.</p>
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		<title>By: Kubel</title>
		<link>http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-60606</link>
		<dc:creator>Kubel</dc:creator>
		<pubDate>Thu, 21 Aug 2008 07:45:14 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/2008/08/19/gm-ceos-best-guess-volt-will-be-priced-in-mid-to-high-30s/#comment-60606</guid>
		<description>$37,500 for a Volt is too much. At 20% genset usage, using electricity rates for my area ($0.1311/kWh) and current average gas prices in the US ($3.699/gal), the Volt must be $27,076.65 to break even with the current generation Prius when it comes to overall cost (initial vehicle cost plus energy cost) when considering a 120,000 mile lifetime. 

Prius Initial Cost: $22.160
Cost per Mile: $0.08041
Lifetime Energy Cost: $9,649.57
&lt;b&gt;Total Cost: $31,809.57&lt;/b&gt;

Volt Initial Cost: $37,500
Cost per Mile: $0.03944
Lifetime Energy Cost: $4,732.91
&lt;b&gt;Total Cost: $42,232.91&lt;/b&gt;

You would think the Volt would become a much better deal with more expensive gas. But at $37,500, it&#039;s not until gas prices are around $8.60/gal that the Volt breaks even with the Prius. 

How much do we expect gas to be by 2012? It will most likely be more than it is today. But $8.60/gal? Let&#039;s pick a number between todays price and the magic number for the Volt to be affordable. Let&#039;s assume gas will be $6.15/gal. How much will the Volt need to be at that price to break even with the Prius? $32,294.09. GM knows that we can expect a $5,000 tax credit toward the Volt (if either candidate keeps their promise). That brings the price to $37,294,09, almost exactly what Wagoner predicts. 

So I think GM is counting on a $5,000 tax credit AND $6/gal gas. That&#039;s the only way people will buy the Volt at that price.</description>
		<content:encoded><![CDATA[<p>$37,500 for a Volt is too much. At 20% genset usage, using electricity rates for my area ($0.1311/kWh) and current average gas prices in the US ($3.699/gal), the Volt must be $27,076.65 to break even with the current generation Prius when it comes to overall cost (initial vehicle cost plus energy cost) when considering a 120,000 mile lifetime. </p>
<p>Prius Initial Cost: $22.160<br />
Cost per Mile: $0.08041<br />
Lifetime Energy Cost: $9,649.57<br />
<b>Total Cost: $31,809.57</b></p>
<p>Volt Initial Cost: $37,500<br />
Cost per Mile: $0.03944<br />
Lifetime Energy Cost: $4,732.91<br />
<b>Total Cost: $42,232.91</b></p>
<p>You would think the Volt would become a much better deal with more expensive gas. But at $37,500, it&#8217;s not until gas prices are around $8.60/gal that the Volt breaks even with the Prius. </p>
<p>How much do we expect gas to be by 2012? It will most likely be more than it is today. But $8.60/gal? Let&#8217;s pick a number between todays price and the magic number for the Volt to be affordable. Let&#8217;s assume gas will be $6.15/gal. How much will the Volt need to be at that price to break even with the Prius? $32,294.09. GM knows that we can expect a $5,000 tax credit toward the Volt (if either candidate keeps their promise). That brings the price to $37,294,09, almost exactly what Wagoner predicts. </p>
<p>So I think GM is counting on a $5,000 tax credit AND $6/gal gas. That&#8217;s the only way people will buy the Volt at that price.</p>
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