Comments on: GM: Chevy Volt Price Depends on Cost of Gas and Will be Set in May 2010 http://gm-volt.com/2009/03/27/gm-chevy-volt-price-depends-on-cost-of-gas-and-will-be-set-in-may-2010/ Real-time news, information, and discussion about the Chevrolet Volt. Fri, 25 May 2012 22:44:33 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Kurt http://gm-volt.com/2009/03/27/gm-chevy-volt-price-depends-on-cost-of-gas-and-will-be-set-in-may-2010/#comment-188002 Kurt Sun, 11 Apr 2010 16:17:00 +0000 http://gm-volt.com/?p=1584#comment-188002 I think most people commenting on the price of the Volt are ignoring the fact that demand will drive the price of the vehicle and not simply the price of gas. If gas goes up then demand goes up therefore leading to higher prices. This happens with all cars. More demand = higher prices. Simple economics. GM is not "screwing" anyone with the price of the Volt that has new technology. Does anyone remember the price of LCD and plasma televisions even 5 years ago? The price will come down as the technology evolves and consumers start buying them. On that same note, GM is already taking a loss on ALL the Volts as stated on their website: http://gm-volt.com/2009/04/07/chevy-volt-wont-pay-its-rent-to-gm/ Also, in comparison to the Nissan Leaf, they are two totally different vehicles. The Volt is a plug-in hybrid but the Leaf is fully electric. The Volt can go around 300 miles and then you can just fill it up at the gas station to keep going. With the Leaf, you can drive ONLY 100 miles and then you have to stop and plug it in, usually upwards of four to six hours to get a full charge. The chance of the Leaf becoming more popular than the Volt are slim because people want the convenience of filling up their tanks. The Leaf is a good second car for getting back and forth to work but the Volt can be a primary car. Lastly, the comment about the film, "Who killed the electric car" is ridiculous. GM didn't back out of the EV1 because of some conspiracy. They stopped the EV1 program because of cost. The price of manufacturing the EV1 was around $80,000-$90,000 per vehicle. Most people on this thread are complaining about the price of the Volt in the mid to upper 30s but the cost to GM to manufacture the Volt is conservatively around double the sticker price. New technology is expensive and when gas becomes prohibitively expensive in fifteen years or so, everyone will have wished they reconsidered buying a hybrid such as the Volt instead of a much cheaper four door sedan. I think most people commenting on the price of the Volt are ignoring the fact that demand will drive the price of the vehicle and not simply the price of gas. If gas goes up then demand goes up therefore leading to higher prices. This happens with all cars. More demand = higher prices. Simple economics.

GM is not “screwing” anyone with the price of the Volt that has new technology. Does anyone remember the price of LCD and plasma televisions even 5 years ago? The price will come down as the technology evolves and consumers start buying them.

On that same note, GM is already taking a loss on ALL the Volts as stated on their website:

http://gm-volt.com/2009/04/07/chevy-volt-wont-pay-its-rent-to-gm/

Also, in comparison to the Nissan Leaf, they are two totally different vehicles. The Volt is a plug-in hybrid but the Leaf is fully electric. The Volt can go around 300 miles and then you can just fill it up at the gas station to keep going. With the Leaf, you can drive ONLY 100 miles and then you have to stop and plug it in, usually upwards of four to six hours to get a full charge.

The chance of the Leaf becoming more popular than the Volt are slim because people want the convenience of filling up their tanks. The Leaf is a good second car for getting back and forth to work but the Volt can be a primary car.

Lastly, the comment about the film, “Who killed the electric car” is ridiculous. GM didn’t back out of the EV1 because of some conspiracy. They stopped the EV1 program because of cost. The price of manufacturing the EV1 was around $80,000-$90,000 per vehicle.

Most people on this thread are complaining about the price of the Volt in the mid to upper 30s but the cost to GM to manufacture the Volt is conservatively around double the sticker price. New technology is expensive and when gas becomes prohibitively expensive in fifteen years or so, everyone will have wished they reconsidered buying a hybrid such as the Volt instead of a much cheaper four door sedan.

]]> By: Lord Byron; http://gm-volt.com/2009/03/27/gm-chevy-volt-price-depends-on-cost-of-gas-and-will-be-set-in-may-2010/#comment-187116 Lord Byron; Wed, 07 Apr 2010 05:42:01 +0000 http://gm-volt.com/?p=1584#comment-187116 I REALLY REALLY want this car, but I am not willing to pay a penny more than what Nissan is offering with the Leaf. Anything in excess of $33000 takes it out of bounds for me and I will go with the Leaf. If GM has any 'common sense' left they will take the loss and compete with the Leaf. BTW this would be my first GM purchase. I currently own an Acura 3.2 TL 2005, and I am waiting anxiously to see what GM is going to do price wise before I commit to Nissan. Byron I REALLY REALLY want this car, but I am not willing to pay a penny more than what Nissan is offering with the Leaf. Anything in excess of $33000 takes it out of bounds for me and I will go with the Leaf. If GM has any ‘common sense’ left they will take the loss and compete with the Leaf.

BTW this would be my first GM purchase. I currently own an Acura 3.2 TL 2005, and I am waiting anxiously to see what GM is going to do price wise before I commit to Nissan.

Byron

]]> By: Rikc http://gm-volt.com/2009/03/27/gm-chevy-volt-price-depends-on-cost-of-gas-and-will-be-set-in-may-2010/#comment-186873 Rikc Tue, 06 Apr 2010 05:51:20 +0000 http://gm-volt.com/?p=1584#comment-186873 <blockquote cite="comment-160013"> <strong><a href="#comment-160013" rel="nofollow">Eric</a></strong>: This car is a step in the right direction regardless of price. Eventually the price will fall if more cars similar to it are produced, and Chevy has every right to hold the price from the public.If you were the first person to invent the toothebrush and no one else had the ability to make one, would you charge 10 cents per brush?  <a title="Click here or select text to quote comment" href="void(null)" rel="nofollow">(Quote)</A> </blockquote> Depends on what kind of person you are. A dentist will give you a toothbush for free as you are leaving not to prevent cavities, but because they have a better profit margin on the check-ups and cleanings.

Eric: This car is a step in the right direction regardless of price. Eventually the price will fall if more cars similar to it are produced, and Chevy has every right to hold the price from the public.If you were the first person to invent the toothebrush and no one else had the ability to make one, would you charge 10 cents per brush?  (Quote)

Depends on what kind of person you are. A dentist will give you a toothbush for free as you are leaving not to prevent cavities, but because they have a better profit margin on the check-ups and cleanings.

]]> By: Rikc http://gm-volt.com/2009/03/27/gm-chevy-volt-price-depends-on-cost-of-gas-and-will-be-set-in-may-2010/#comment-186872 Rikc Tue, 06 Apr 2010 05:42:15 +0000 http://gm-volt.com/?p=1584#comment-186872 By the way, if you buy a car over valued by $21,000, doing the math $3 a gallon is 7,000 gallons of gas, if my car is getting 20 miles to the gallon, I would get 140,000 miles free by buying a cheaper car. Chevrolet, you are screwing yourself again, except I don't want to be a part of bailing you out again. By the way, if you buy a car over valued by $21,000, doing the math $3 a gallon is 7,000 gallons of gas, if my car is getting 20 miles to the gallon, I would get 140,000 miles free by buying a cheaper car. Chevrolet, you are screwing yourself again, except I don’t want to be a part of bailing you out again.

]]> By: Rikc http://gm-volt.com/2009/03/27/gm-chevy-volt-price-depends-on-cost-of-gas-and-will-be-set-in-may-2010/#comment-186871 Rikc Tue, 06 Apr 2010 05:33:49 +0000 http://gm-volt.com/?p=1584#comment-186871 That's just great, the government (the people) bail out Chevrolet from financial crisis only to have Chevrolet stick it to us. There playing the supply and demand game. Get the Feds to up the gas prices to make the car more valuable. Chevrolet is not out to help the economy or solve the oil issues or cleaner air. They are out to make a fast buck, and the government rebate is a joke, were is the money for the rebate coming from? It just gives Chevrolet room to raise the prices just that much higher causing a higher profit margin. Let's get real, how many mid size non-luxery sedans out there are over $20,000. This car should start at no more then $18,000. I use to believe in Chevrolet but they can't sell anything on merit anymore. You go to an event and everyone is selling a hotdog for $10.00, are you going to buy one, maybe, and they will not sell very many. But you go to another event and they are selling the hotdogs for $1.00, would you buy one? Heck yea and maybe one or two for everyone in the party. My point is that a hotdog with a bun only costs 10 cents, the first event may sell one or two and make a good profit margin but the second will make more money and employ more people helping everyone. Chevrolet has forgotten how to sell and has learned how to rip off the people. P.S. Fire the PR Rep., they suck. That’s just great, the government (the people) bail out Chevrolet from financial crisis only to have Chevrolet stick it to us. There playing the supply and demand game. Get the Feds to up the gas prices to make the car more valuable. Chevrolet is not out to help the economy or solve the oil issues or cleaner air. They are out to make a fast buck, and the government rebate is a joke, were is the money for the rebate coming from? It just gives Chevrolet room to raise the prices just that much higher causing a higher profit margin. Let’s get real, how many mid size non-luxery sedans out there are over $20,000. This car should start at no more then $18,000. I use to believe in Chevrolet but they can’t sell anything on merit anymore. You go to an event and everyone is selling a hotdog for $10.00, are you going to buy one, maybe, and they will not sell very many. But you go to another event and they are selling the hotdogs for $1.00, would you buy one? Heck yea and maybe one or two for everyone in the party. My point is that a hotdog with a bun only costs 10 cents, the first event may sell one or two and make a good profit margin but the second will make more money and employ more people helping everyone. Chevrolet has forgotten how to sell and has learned how to rip off the people.
P.S. Fire the PR Rep., they suck.

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