Currently reading: Thumbs up for Chevy Volt pricing
Industry analysts have given a cautious welcome to the Volt's pricing
Autocar
News
2 mins read
6 August 2010

Industry analysts have given a cautious welcome to General Motors’ pricing of the Volt range-extender hybrid.

The Chevrolet will go on sale in the US at the end of the year costing from $41,000 (£25,700).

Read Autocar's first drive of the Chevrolet Volt

Confirmed late last week, the price tag is broadly in line with expected figures — although some had predicted that it would fall slightly in response to the arrival of the Nissan Leaf, which will cost American buyers around $9000 (£5775) less.

Government-backed tax incentives could reduce the cost of the Volt to around $33,500 (£21,500). But industry analysts believe that the price of leasing will prove more important to the car’s success or failure.

Read about the rapid increase in Volt production

Both the Volt and Leaf will cost about $350 (£225) per month with tax incentives taken into account, a figure that puts the cars into the near-luxury segment.

Joe Philippi of AutoTrends Consulting said GM’s figure is realistic. “If they execute Volt as well as other recent GM offerings they’ll be fine,” he commented.

The Volt faces another disadvantage in California, which is likely to be one of its key markets.

The state’s Air Resource Board has been promoting alternative power by giving certain models access to motorway commuter lanes, but plug-in range extenders like the Volt don’t qualify.

The High-Occupancy Vehicle (HOV) passes will be offered to all-electric cars such as the Leaf and some alternative fuel cars, including Honda’s natural gas Civic and hydrogen-fuelled FCX Clarity.

But Volt buyers won’t be able to get the pass, which can be as attractive an incentive as the $5000 (£3200) cash that California will also offer Leaf owners.

Old-style hybrids such as the Toyota Prius will also be excluded from HOV status from late this year.

Tony Posawatz, manager of the Volt programme, said he was disappointed with the Californian situation. But he insisted, “It won’t have trouble selling.”

GM also plans minor changes to the Volt’s exhaust system within a year of launch, in a bid to earn HOV status.

GM has yet to announce any UK pricing for the Volt, which is due on sale here in spring 2012. But insiders say it’s likely to cost just shy of £30,000.

Paul Eisenstein

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MrTrilby 6 August 2010

Re: Thumbs up for Chevy Volt pricing

weenedonpetrol wrote:
I know that I’ve said this before, but what I would like to know is what is the total environmental impact of these new electric/hybrid cars? What I would like to see is a tabulated comparison between all cars showing their total environmental impart
It's been asked, countless times. It's been done, countless times. Google is your friend. And over a 15 year/150k mile life span, your gut is definitely wrong.

weenedonpetrol 6 August 2010

Re: Thumbs up for Chevy Volt pricing

I know that I’ve said this before, but what I would like to know is what is the total environmental impact of these new electric/hybrid cars? What I would like to see is a tabulated comparison between all cars showing their total environmental impart, including manufacturing processes and extraction or generation processes, over a 15 year/ 150,000 mile life span. Everyone is automatically assuming that the new hybrid/electric cars are less environmentally damaging. My gut feeling is that these electric/hybrid cars might actually be more environmentally damaging than petrol and diesel ones.

Pauldalg 6 August 2010

Re: Thumbs up for Chevy Volt pricing

You can lease a car worth £25k for £250 a month in the States, that's more shocking to me - in the UK it'll be twice as much...