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Chevrolet Volt price revealed: $41,000 MSRP

By | July 27, 2010, 9:20 AM PDT

Starting today, Chevrolet dealers will begin taking customer orders for the 2011 Chevrolet Volt electric vehicle.

The price? $41,000 retail, before a tax credit of up to $7,500.

The vehicle will initially be available in California, New York, Michigan, Connecticut, Texas, New Jersey and Washington D.C.

The substantial tax credit drops the price of the vehicle down to $33,500 retail, but it’s unclear if consumers will bite at such a high price point.

To be clear: this is a reasonable price point for an electric vehicle, but it’s still steep for the average American family car. (To compare, a new BMW 328i starts at $36,200 MSRP.)

Chevrolet is touting the Volt’s “extended-range” 16-kWh battery as its calling card, which is used exclusively up to the first 40 miles. Then, a gas-powered generator kicks in to give the battery more juice for another 300 miles.

Inside, tech amenities abound: a 7-in. touchscreen display for navigation, Bose audio, OnStar, eight air bags, electronic stability control and traction control.

The Volt will come with a 120-volt charge cord so you can plug it into a standard home electrical outlet next to your cell phone, if that’s your thing. (Just kidding.)

The Volt’s battery is backed by an eight-year, 100,000-mile warranty, as well as:

  • 3-year / 36,000-mile bumper-to-bumper coverage
  • 5-year / 100,000-mile roadside assistance and courtesy transportation
  • 5-year/100,000-mile limited gas engine coverage
  • 6-year/100,000-mile corrosion protection coverage

Chevrolet also says 4,400 Volt buyers in launch markets could be eligible for a free 240-volt charging station, including home installation, thanks to a U.S. Dept. of Energy initiative.

How much is Nissan’s new Leaf, by the way? Retail is $33,000…before subsidies.

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Andrew Nusca

About Andrew Nusca

Andrew Nusca is editor of SmartPlanet.

Andrew Nusca

Andrew Nusca

Editor

Andrew Nusca is editor of SmartPlanet and an associate editor for ZDNet. Previously, he worked at Money, Men's Vogue and Popular Mechanics magazines. He holds degrees from the Columbia University Graduate School of Journalism and New York University. He based in New York but resides in Philadelphia.

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Andrew Nusca

Andrew Nusca
Andrew Nusca does not hold any investments in the companies he covers.
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0 Votes
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This is not an "electric" vehicle...
It's a home-chargeable hybrid that's "electric" for only the first 40 miles. For someone using it mostly to commute, it will "effectively" be all-electric. But the price seems too high for what is actually an extended-range hybrid.
Posted by GrizzledGeezer
28th Jul 2010
0 Votes
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RE: Chevrolet Volt price revealed: $41,000 MSRP
What are the additional maintenance costs? What does it cost to replace the battery? What does it cost to charge the battery? Where does the power come from that charges the battery, and how clean is it?

Electric cars, hybrids, etc are just a fad. Many have proven to cost more in the long run and are not as "green" as they are made up to be.

If we want to reduce our dependance on foreign oil, we need more, better public transportation and we need to educate the public on the benefits of using public transportation.
Posted by keitha73
28th Jul 2010
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RE: Chevrolet Volt price revealed: $41,000 MSRP
Here's a marketing idea I hope GM will consider: Forget about sale of the Volt to individual consumers. Instead, sell such cars by the dozen, or even hundreds at a time, to businesses which would in turn assign said cars to individual employees for commuting to and from work. Or, sell the Volt by the dozen, or perhaps even thousands at a time to governments - federal, state, local - for use in motor pool operations.

The Volt's drive system could be adapted for use in U.S. Postal Service delivery vehicles.
Posted by AlexKovnat
28th Jul 2010
0 Votes
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RE: Chevrolet Volt price revealed: $41,000 MSRP
My '09 Infiniti G37S was $32,000 out the door and its a real car. I
can't imagine anyone with a brain paying $41,000, energy credit or
not, for a Chevy sedan.
Posted by e.p.meyer@...
28th Jul 2010
0 Votes
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RE: Chevrolet Volt price revealed: $41,000 MSRP
Chevy is virtually begging the Chinese, Japanese, Koreans, Indians, and all of Europe to do the job better and cheaper.
Posted by charles1957b
28th Jul 2010
0 Votes
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RE: Chevrolet Volt price revealed: $41,000 MSRP
This is not the price that will get the masses into a electric vehicle. I think the Nissan Leaf has a much better price point.
Even so, I think the range of a all electric vehicle is still not going to impress many. I think the Electric car is still a vehicle looking for a market.
Posted by jscott418
28th Jul 2010
0 Votes
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RE: Chevrolet Volt price revealed: $41,000 MSRP
P.S. I strongly agree with Keith's review above. Battery and Solar cell components are really not that eco-friendly at all, (considering mining, production, and disposal). And recharging is based on antiquated technology that certainly is not eco-friendly. Walking distance commutes and mass transit rebirth are far better development objectives.
Posted by charles1957b
28th Jul 2010
0 Votes
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RE: Chevrolet Volt price revealed: $41,000 MSRP
Yup- I agree with the above posts- I'll NEVER shell out $41K for a Chevy sedan! That's not just creeping- but well into- Mercedes, BMW and Audi territory. And as the second biggest purchase most of us make (#1= house), I'm not making that incredible sacrifice to get some low performance rattle trap.

If going green means settling for half the performance at twice the price... well, good luck with all THAT.

Get real, Chevrolet!
Posted by ddferrari
28th Jul 2010
0 Votes
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It's worse than all that...
...in that this car is completely subsidized in the form of tax credits
for the buyer and by the government's bailout of GM and the UAW.

This is a car that will not be purchased in large numbers by middle-
class auto buyers. Basically what we have here is taxpayers
subsidizing upper-class eco vanity.
Posted by JohnMcGrew@...
29th Jul 2010
0 Votes
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Chevy Volt Test Drive and Review
I bet most of the commenters haven't actually driven the car,

check out my review at http://www.mychevroletvolt.com
Posted by PatrickZWang
30th Jul 2010
0 Votes
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No, I haven't driven the car.
But since I've never been willing to pay over $40,000 for a car, I
haven't driven many other either. I'm willing to let other people pay
the big bucks to be cutting-edge.
Posted by JohnMcGrew@...
31st Jul 2010
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