USA: GM Exec: Chevy Volt Effective Price Easily Less Than $30,000

Those were Bob Lutz’ words back in 2007 when he first stated GMs intention to sell the Chevy Volt comfortably below $30,000.

In the ensuing months and years we’ve been through a see-saw of predictions about how much people would eventually be able to buy the car for.

GM has not officially, and will not officially release a price until closer to launch.

Back in March of last year, GM VP Jon Lauckner stated “we won’t set the price of the Volt until 6 months prior to start of production.”

Although announcing the purchase process, Nissan has not announced the LEAF EV pricing either though claims it should cost around as much as a comparable gas sedan.

In the most recent twist of the Chevy Volt Price tale, volt vehicle line director Tony Posawatz responded to the question when pressed by Globe and Mail reporter Jeremy Cato.

“We have not priced it yet,” Posawatz said initially.

After being asked again he finally said that the real or effective cost to consumers “is easily less than $30,000.”

The figure used was US, not Canadian dollars.

Posawatz was not talking purely about MSRP but net effective cost including the $7500 US tax credit given to consumers who will purchase a Volt.

“The reference was accounting for the US tax credits and effective savings in electricity and other benefits,” Posawatz told GM-Volt. ”It was a comparative statistic, not an exact number, to position the VOLT as a bit more expensive than an equivalent compact car
.”
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Source: gm-volt.com