7/27/2010 | 1 MINUTE READ

Chevy Volt: What Price the Future?

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For approximately $33,500 you, too, can get behind the wheel of a Volt. (Unlike President Obama, a $49.5-billion loan won’t be necessary.) That price takes into account the greatest possible federal tax credit you can get for purchasing the extended range electric vehicle, $7,500.

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For approximately $33,500 you, too, can get behind the wheel of a Volt. (Unlike President Obama, a $49.5-billion loan won’t be necessary.) That price takes into account the greatest possible federal tax credit you can get for purchasing the extended range electric vehicle, $7,500. Which means the starting MSRP is $41,000.

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(It should be noted that initially the cars will be available in California, New York, Michigan, Connecticut, Texas, New Jersey, and the Washington, DC, area.)

“The Chevrolet Volt will be the best vehicle in its class. . .because it’s in a class by itself,” proclaimed Joel Ewanick, GM vp of U.S. marketing, during his announcement of the price.

Yes, it is the only extended-range electric vehicle. But it is still a hybrid. No, the engine doesn’t ever power the wheels of the car. But it has an internal combustion engine attached to electric motors. So it is a hybrid.

Which got us to thinking: what can you get into other hybrids for?

Well, there’s the one that has become synonymous with “hybrid:” the Toyota Prius, which, according to a check at TrueCar.com, starts at $22,150. You can get into a Honda Insight for even less, $20,550.

There’s the Nissan Altima Hybrid for $27,520, and the Ford Fusion Hybrid for a bit more, $28,675.

Like the Volt, all of those cars have a gas tank. Unlike the Volt, none of those cars come with a 120-volt charge cord to plug-in.

According to the Department of Energy, the average price of a gallon of gas in the U.S. is $2.749. Which doesn’t necessarily bode well for a car “in a class by itself.”

Hand holding a crystal ball

We’d rather send you $15 than rely on our crystal ball…

It’s Capital Spending Survey season and the manufacturing industry is counting on you to participate! Odds are that you received our 5-minute Metalworking survey from Automotive Design and Production in your mail or email. Fill it out and we’ll email you $15 to exchange for your choice of gift card or charitable donation. Are you in the U.S. and not sure you received the survey? Contact us to access it.

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