Chevy Forced To Extend Shutdown Of Bolt Plant

Discussion in 'GM' started by ALS, Jul 19, 2017.

  1. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi Charlie:

    You have a mind like a trap!

    Bill, interesting and we will see. You have had some great insights throughout this thread as well! The Volt and Bolt are over priced for the market and adding $5k to $10k on the hood kills early owners. This goes beyond the Bolt/Volt however as every offering from the industry nowadays has huge discounts as the Hot Deals forum reveals week after week. I just posted a 33% off deal on a fully loaded 17 Sonata Limited a few minutes ago.

    At some point, will the OEMs release their latest models with a more acceptable starting price or keep punching them out with even higher retail prices and placing 10, 15, 25, and even upwards of 33% on the hood within a few months/years after their release?

    Wayne
     
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  2. ALS

    ALS Super Moderator Staff Member

    Hi Wayne,

    Here's another GM issue, resale value?

    I popped over to Off Lease Only and they have a 14 Volt with 27K on the clock for $13K.

    How about a Impala LT retails new in the $32K range with the 4 cylinder.

    OLO has several very low mileage 16's for $18K.

    Al
     
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  3. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi Al:

    Wow!!! And Yup. Even with GMs reduction of fleet sales to the rental companies over the last 18-months +, resale - and IQ/VD - is still one of the Achilles heels of owning a GM product.

    Wayne
     
    BillLin likes this.
  4. Blackbelt

    Blackbelt Well-Known Member

    Go check out what the Leaf's are going for at Off Lease only.
     
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  5. NeilBlanchard

    NeilBlanchard Well-Known Member

    The price of electric cars have been coming down (relative to their range) and they will continue to get more affordable.

    If we had to pay the true cost of gasoline / diesel, then driving an EV would be the much more affordable option - already.
     
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  6. EdwinTheMagnificent

    EdwinTheMagnificent Legend In His Mind

    Honda is leasing ( re-leasing?) previously-owned Fit EV's , and it's probably a good thing , unless of course one drives as many miles as I do. And naturally , they are not available except in compliance states. Illinois does not comply with ANYTHING that makes sense.
     
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  7. BillLin

    BillLin PV solar, geothermal HVAC, hybrids and electrics

    I just read the following line in someone's review of the 2017 Volt and light dawns on Marblehead.

    "The only downside to this car is that the $7500 rebate from the IRS will run out when Chevy sells 200,000 electric vehicles, probably some time in 2018."

    I don't see the EVs and plug-ins doing as well without the Fed/State tax incentives, so this could possibly be a shrewd move for GM/Chevy to nix the Volt and introduce another model that should qualify for tax credits. A Volt in different clothing?

    Edit: I may be misunderstanding the tax incentives... the way the quote reads, it seems to apply to a particular car company rather than a single model? Anyone know which it is, car model or car company regarding 200k units sold?
     
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  8. BillLin

    BillLin PV solar, geothermal HVAC, hybrids and electrics

    Answering myself... per an article in GreenCarReports.

    "But whereas hybrids were capped at 60,000 vehicles per carmaker, plug-in vehicles have a higher cap: 200,000 cars per manufacturer."
     
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  9. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi Bill:

    Tesla will probably be the first to run out and it will happen early within the Model3 launch. It will be interesting test case to see how their base $35k BEVs with 215 miles of AER and no free charging goes over.

    Wayne
     
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  10. ALS

    ALS Super Moderator Staff Member

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