• Jan 7, 2010
2011 Chevrolet Volt – Click above for high-res image gallery

We seem to know nearly everything there is to know about the 2011 Chevrolet Volt. Well, everything but one of the most important pieces of its environmentally friendly puzzle, that is: How much will it cost? Predictions vary widely, with the $40,000 mark widely bandied about as a likely target – though whether or not that figure arrives before or after a federal $7,500 tax credit is complete speculation. For its part, General Motors has said it won't set final pricing until late 2010.

Throwing a wrench into the Volt-price-guessing works is none other than GM's own head of global program management, Jon Lauckner, who has reportedly told The Wall Street Journal that the extended-range electric vehicle could hit the market for well under that preconceived $40K level. Fortunately, "We have until this summer to figure that out," he said. Perhaps we can create ourselves a Price is Right-style contest?

The notion that GM may launch the Volt earlier than initially planned – possibly as early as this upcoming summer or fall, well before the expected launch in November – is also reportedly being discussed by GM's top brass. Regardless of when the first few units hit the market, don't expect to see a national launch outside of a few carefully selected regions until well into 2011. Thanks for the tip, Berto!



[Source: The Wall Street Journal]


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  • 32 Comments
      • 5 Years Ago
      remember, Tax credit usually means it's a taxable income.

      So if you get $7500 credit, you have to pay income tax on that amount, which varies depending on your tax bracket.

      If you're lucky tnough to pay 33% income tax, then you're really looking at $5000 discount, rather than $7500.
        • 5 Years Ago
        That's not what "tax credit" means at all. It means a credit against your actual income taxes, and it may (or may not) be something you can carry forward or back to adjacent tax years. I don't know the details of this particular credit so I don't know if it can be carried forward, but if your total taxes for the year after other deductions and such are more than $7500, you'd get the full $7500 credit and reduce your tax burden for the year by that amount. That doesn't represent a particularly large income, if you can comfortably afford to buy a $30k-$40k car you're probably paying more than $7500/year in income taxes.
        • 5 Years Ago
        ^ Yup, you're right. I stand corrected.
      • 5 Years Ago
      From http://money.cnn.com/2009/10/21/autos/auto_bailout_rattner.fortune/index.htm:

      "The Volt, for example, could initially cost GM about $40,000 to produce while competing with conventional cars that sell in the $20,000 range. Even with the new $7,500 tax credit for plug-in hybrids, it will take years of improved efficiencies to make it profitable for GM."
      • 5 Years Ago
      Bufff.... very expensive.. for that money i prefer have two cars, one electric for city and other termic for long travels. With that price, (sorry for your car industry), this car is a "ruina".
      • 5 Years Ago
      zzzzzzzzzzzzzzzzzzzzzzzzzz
      • 5 Years Ago
      I just wish the Volt was a little more practical in it's design instead of being a basic four door sedan. IMHO - give it a bit more of a sport wagon styling and you'll put a lot more value into the 40k without losing customers.
        • 5 Years Ago
        Very funny - now that I think about it you're right!
        • 5 Years Ago
        It's a hatchback.
        • 5 Years Ago
        Yes it is that. Which is helpful for sure, I just think it could garner a broader base by going more with a wagon style. Having a limited range means people will be using it more for local needs. Just my opinion.
        • 5 Years Ago
        I'm confused by GM copied the 1990s Dodge Stratus.
      • 5 Years Ago
      Don't forget the Converj.
      • 5 Years Ago
      Given they said they'll limit sales to about 20K the first year, I think a high price is all but assured. There's no point in lowering the price below the level at which you're already selling every one you can make.
      • 5 Years Ago
      Why did they make it so ugly?
      • 5 Years Ago
      Are you guys still believing VOLT will sell well? Are you kidding or trying to play Patriotic game again? With 35K+ price tag on it... NON-SENSE!!! GM took your money to develop this "MARVELL" and will take your money AGAIN while selling it to you... Sad...
      • 5 Years Ago
      for $40k, it should look more like its concept.
        • 5 Years Ago
        The Volt concept had the aerodynamics of a farm tractor and looks pretty dated by today's standards. The production-spec Volt looks TONS better when it's in other colors besides the blandtastic silvery paint that they usually show it in.
      • 5 Years Ago
      So the next story will of course have the image of the Toyota floor mat.

      Actually we haven't had an FT-86 story in a while. What gives, AB?

      This isn't even news.
        • 5 Years Ago
        Did you know that GENERAL MOTORS sold more cars than Toyota in 12/09, as well as every other month in history?
      • 5 Years Ago
      Awww,thats cute the way there's flowers in the hatch.

      http://www.autoblog.com/gallery/2011-chevy-volt/med/#14

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