carbonRX8

iTrader: (1)

I liked it better when the price point was below $30k. Link

Huey52

iTrader: (2)

That is a bit high considering a 40 mile limit on pure battery (the anticipated Tesla pure-electric sedan is supposed to get close to 250 miles at a $60k price point).

There is an $1,800 tax credit tho'.

GM-Chevy needs to quickly drive down that 'early adopter' premium price if they're serious about a paradigm shift and competing effectively with the Nissan Leaf, et al.

Jedi54

iTrader: (7)

that's a bit higher then I was hoping for, hopefully as Huey said they can quickly drop the price and stay a bit more competitive.

if it was closer to $35k, they'd make a killing.
What's a fully loaded Toyota Prius go for these days?

carbonRX8

iTrader: (1)

I commute exactly 40miles a day. While I love my Subie Baja, I was really hoping for something here. And that tax credit isn't doing much is it. $40k???! What does a 135i go for? $45k?

I totally agree that just getting the price into the mid 30s would be the start of something Huge.

Last time I looked (which was a while ago) the prius was under 20.

Huey52

iTrader: (2)

As I reflect on this a bit more I feel GM-Chevy should have adopted a "razor and blades" marketing strategy. That is, sell the car now at a lower price, and charge more for eventual dealer battery pack replacement. [note: the Tesla has user-swappable D cell battery banks]

carbonRX8

iTrader: (1)

Wasn't the fast charging station for the EV1 more expensive or something.

That is brilliant. Charge 30 for the car, but then 5 grand for the fast charging station and 10 grand for the battery.

dillsrotary

I thought the tax credit was $7500?

Bigbacon

iTrader: (4)

needs more mileage on battery.. 40 is not enough. 100 should be minimum for battery and then they can toss an even smaller engine or just smaller gas tank to get another 200. (300 would be a good total before needing full charge/full tank.

I couldn't even commute to and from work on one charge.

it is most certainly a gimmick vehicle to get the rich and green to spend and feel they are doing something for the world....

Huey52

iTrader: (2)

errata: There is an $7,500 tax credit bringing it down to $33.5k, the Leaf's [100 mile range pure electric] would drop to $25,280.

carbonRX8

iTrader: (1)

Not quite a gimmick. Electricity is cheaper than gas right now on a normalized basis. It is a reasoned attempt by GM to position themselves as a player in alternative propulsion when the next inevitable oil price blip occurs. And 40 miles is more than enough when you have an on board generator that can get you hundreds of more miles on a fill up. It is really a matter of compromise between range, weight, expence and potential market.

Now the Leaf has a potential issue with its range, for sure.

My opinion is that the only mistake that they are making is on the price point. The volt would fly off the shelves if it was placed in the range that they were originally discussing.

But I can assume that you are neither financially successful nor environmentally conscious from your comment?

And I thought the credit was more as well, but I reallly dont know.

MICHGoBlue

I am originally from the motor state, and I've gotta say, there is no question right now that only one American car maker will make it, and it's not GM.

Ford, let's see your electric car, since you're the only American car maker who finally seem to get it now.

How Ford profited that much last quarter I do not know that, maybe it's the skeptic in me, but I don't see 2.6 billion profit margin, at least it's not translating onto the public streets.

9krpmrx8

iTrader: (46)

I have never even considered an American car seriously since selling my POS 93' Camaro. But I have seen some nice Buicks and Lincolns I would check out if I were looking for a good deal on a Luxury car.

RufusVonStorm

It's a great step for GM and hopefully it helps build momentum for developing real high capacity batteries in the US.

Razz1

With the rebate it's a good deal if you own a house.

BUT.. remember with CAP & Trade and tax on coal polluters Electricy rates will double soon.

Thank you OBAMA.

Let's support GREENLESS jobs.

Green consumes 3x the jobs it creates. Proven fact.

carbonRX8

iTrader: (1)

For some reason, that two worded sentence often seems to follow the biggest and smelliest piles of political rhetoric. Why dont you leave that for the comment sections on Yahoo! news articles?

9krpmrx8

iTrader: (46)

^ Agreed. That's a pretty bold statement. And if you are going to thank anyone it should be America as a whole.

MICHGoBlue

Obama is also responsible for half of Renesis' failures.

Proven fact.