Why so many used Volt on the market?

[moonfresh]

Hey Everyone,

Noob here. I was browsing for a used Volt. And to my surprise, there were many of them. I thought there was a shortage on these things. And what's worst, most of them had very low miles (5k-20K). I found a handful in my range (29k-32k). What is the deal? Is it some kind of stealership con? I figure most people would do their homework before buying a 45k vehicle. I am not complaining, though. I hope the price drops a few more thousand.

[emd]

haven't seen that many in the chicago market. different market though. i will be trading mine in as soon as it turns 1 year old. obama will pay me another $7500 from his stash just like he did on the first one. same for the $1000 from gm mastercard. i'm basically driving this car for a few thousand a year. just hope the volt gets the seats out of the malibu on the 2013s. that's my perdsonal so called "con".

[davewilks]

Hmm..., I just did a private party search on any used Chevy Volt for a range of 100 miles from zip 90803 on three different used car search engines, usedcars.com, edmunds.com and cargurus.com. My search included the area from Santa Monica to the NW, Tijuana to the SE and Indio to the East, a pretty good market (Southern California) for Chevy volts.

I was unable to use usedcars.com or edmunds.com as they did not have a selection for the Model "Volt" when Make "Chevrolet" was selected. Cargurus.com only showed one, in Long Beach (Hacienda Beach) a 2011 listed for $34,500 (with no $7,500 tax credit).

Noob, how did you do your search?

[Henry_FL]

According to cars.com there are 98 in the entire country for sale that are used. Lowest price is 29K with 12K miles as a base model. Since a New base model with all discounts ( 4K off MSRP ) and tax credit ( 7500 ) is 28500, I don't see the points in your post

With close to 35K Volts produced so far that's only 0.3% of all Volts produced are on the used market

[mikeg3]

I didn't find any used Volts near San Antonio on autotrader.com but I saw a couple near Austin, the first Volt city in Texas. The prices are about the same as new after the federal tax credit. Very interesting.

[BAZINGA]

Hey Everyone,

Noob here. I was browsing for a used Volt. And to my surprise, there were many of them. I thought there was a shortage on these things. And what's worst, most of them had very low miles (5k-20K). I found a handful in my range (29k-32k). What is the deal? Is it some kind of stealership con? I figure most people would do their homework before buying a 45k vehicle. I am not complaining, though. I hope the price drops a few more thousand.

Cars.com returns just 93 used Volts nation-wide. What is your definition of "many"?

What search engine are you using?

[Neromanceres]

I was considering buying a used Volt in the US. I did a search on cars.com for all used Volts under 30K within 500miles of detroit. I found 2. One was a base cyber grey and one was a loaded crystal red. Both with over 11K miles on them.

[bonaire]

I actually can't wait to see hundreds of used Volts on the market in later 2013 and 2014. Why? This is going to start allowing folks who just don't have the initial resources to buy new to get into lower-priced EREVs and start enjoying the benefits. Plus, Canadians can start buying used cars from the USA at that point at marked discounts to their northern dealerships. My new 2011 version (just picked up) will be $26K out of pocket when all the rebates and credits are done. Can't beat that. Heck, if I cleaned it up right now and sold it as-is with 1200 miles on it, I might be able to get $30K. Then I could go out and buy another one. Has anyone in Colorado, WV or PA consider "Volt Flipping"

[stuart22]

Sounds like another troll in a lame attempt to plant misinformation for search engines to hook onto.

[ItsNotAboutTheMoney]

Many used car prices are generally insanely high right now. Given incentives and loan rates on new cars, the quoted used car prices are often worse than buying new. But, with the tax credit on the Volt, I could easily see the used Volts in northern states becoming Canadian imports.