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Chevrolet Volt, Car Buying, Electric Cars, Automotive News, Legislation
#9 of 48 I doubt this is the whole story
Jun 01, 2011 (10:22 am)
I suspect the story as written is missing some facts. It seems couched in the omnipresent hatred of GM that ferments in forum after forum without check here and in other places, partly over the bailout money.
I suspect people would be better served looking at the money spent by the government folks on Fannie Mae and Freddy Mac. But I'll go along for a minute here.
The hatred here seems to be following up on the number of sales of the Volt. Those sales were limited to certain states and to my knowledge still are limited. I looked in lower Michigan so I could see a Volt when we go visit. None of the dealerships in the area showed a Volt.
I did find a used one in Columbus, Ohio. It is clearly described by the Chevy dealership as NOT for sale (sorry to bust your bubbles here). They got it from a dealer in California to have one for people locally to see.
As for a dealer purchasing a Volt solely to claim the $7500 tax credit, has that been documented?
Are we going to talk about the Prius subsidies from our own government by tax credits to purchasers for years? Even though the auto maker is not a US company? How is that different than the US government giving a tax credit for an electric-based vehicle if it happens to come from GM? Were any Prius' sold to other dealers who took the tax credit? We need a thorough investigation of this now.
I still suspect the motive behind this is the general attitude toward GM that keeps on going and going like the energizer bunny--which is electric too, just like the Volt.
#10 of 48 Re: I think the [larsb]
Jun 01, 2011 (10:23 am)
You may have a point. It seems that the tax credit on hybrids was for individuals. Where this one they made across the board. With GE purchasing a lot of them. If dealer A buys a car from dealer B and claims the tax credit he is buying at a very reasonable price. He can then sell for whatever the market will bear or use it in his business. Seems like it would be reasonable shuttle vehicle. Anyway you cut it there will be people unhappy to see their tax dollars go into the pockets of Corporate leaders.
Jun 01, 2011 (10:39 am)
Good articles, fintail. Thanks for doing the research.
As I thought about it, I did wonder how such a scheme could sustain itself long-term. I mean, the only consumer who would buy a used Volt, with no tax credit, at close to MSRP would be a part of the "I must have it NOW" crowd - and there can't be an abundant supply of people who are so eager to get the vehicle that they're willing to forgo getting a new car (with full warranty and tax credit) just because they might have to be on a waiting list.
Jun 01, 2011 (10:43 am)
Why would there need to be waiting lists tho? Want one? just go buy one...
#14 of 48 Re: . [kirstie_h]
Jun 01, 2011 (10:48 am)
I don't think the dealers "cared" if it would have been sustainable, really.
With tough times like today, getting away with 4 or 5 tax credit thefts would probably suit some of them just fine.
Jun 01, 2011 (11:01 am)
I hadn't checked inventory, but it's nice that there are plenty available. But even *if* there were a shortage, these shortages on new vehicles rarely last long.
#16 of 48 Volt sales dismal
Jun 01, 2011 (4:38 pm)
Pretty bad when you are buying your own vehicles you still only sell 481 in the month of May. It could be that dealers in states that did not get them are buying and offering at MSRP to people that think they are a great deal at any price.
First 5 months of 2011 Chevy has sold a total of 2184. Probably half to other dealers. Time to end the program and give US our $billions spent on R&D for the Volt.
#17 of 48 Re: Volt sales dismal [gagrice]
Jun 02, 2011 (4:36 am)
Yet, the spin doctor paid shills and their coordinated attack on the internet forums have been plugging the Volt as a compplete success while the Nissan Leaf, which outsold it is supposedly a failure...
#18 of 48 Re: Volt sales dismal [anythngbutgm]
Jun 02, 2011 (5:04 am)
Never heard the Leaf being touted as a dismal failure. Just simply never heard anything about it good or bad.