Pay $25,000 More for a Chevy Volt at Your Chevy Dealership
Chevrolet Dealership among Price “Gougers’”
The General Motors 2011 Chevy Volt is the first true American “EV” to make a debut under $50,000. To meet the high demand for these vehicles, GM has increased production. However, indications are they will only be able to supply 25,000 units this year and 60,000 in 2012.
However some customers cannot wait to get the innovative vehicles and chevrolet dealerships are among those taking advantage of the situation. Units are selling at $5,000 to $10,000 above the MSRP, with one car dealership loading it to an ambitious $25,000!
While General Motors claim they are not pleased with the Chevy Volt overpricing situation, there is not apparently any means of preventing it. This type of price mark-up is not new. However with regard to “EV’s” and hybrids it is particularly sensitive with buyers already paying a hug price for the fuel-efficient technology.
The 2011 Nissan Leaf “EV”, a competitor to the Chevy Volt, has been on sale since early December. However, one main advantage the Volt has is a fuel back-up facility that significantly expends its range of travel. Adding to this the Leaf is sold and serviced only in a small number of “Green States”.
The Leaf priced at $32,780, before federal tax credits, has an advantage over the Chevy Volt. Although Nissan has not been specific regarding production plans, indications are they will meet 2010 reservations by September. Reports indicate that out of 20,000 reservations, only four out of ten are completing the purchase.
With the inclusion of “conquest sales”, this would indicate unit deliveries of 10,000 to 15,000, by summer end, placing the Nissan production just over the current level of General Motors.
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