[1LeeMartin1]

It is the 4th quarter and the Toyota Prius was just announced the MOST RELIABLE CAR by Consumer Reports...and the Chevy Volt was LEFT OUT!! http://money.cnn.com/gallery/autos/2012/10/29/consumer-reports-most-reliable-cars/

This and the explosion of new competition entering the market this quarter (and the fact GM just announced quarterly income of $2 BILLION) should free up GM's incentive wagon to buy/steal market share from the other competitors IF they want to stay near the top in the EV race??...(Toyota Prius being the primary target even though it's battery range is only 25 miles) Toyota knows how to use incentives to lure customers!!
Tesla also showed a profit contrary to all the expectations and claim they are on target for 500,000 cars a year for the release of the Tesla 3! This is great for the expansion of the EV market in general and the consumer and will only drive the prices down through efficiency, volume and competition.
....please share your thoughts?......

 

[firehawk72]

Yep, fully expecting the 20% off before Christmas. I might pull the trigger then. Still undecided...If the stars align just right...must resist, talk me down man, talk me down.

 

[1LeeMartin1]

Yep, fully expecting the 20% off before Christmas. I might pull the trigger then. Still undecided...If the stars align just right...must resist, talk me down man, talk me down.

Yes...i have my ford energi lease expiring today...and want to buy another loaded volt...however, I bought mine in July at 20% off less dealer discount of 5 a $40 car for $27k! How cn I pay more now once that number is established in the market??
The best deal I can get now is about 34k! which is $7k more?? I need a car now...but cannot pay $7k more knowing a) GM will repeat and maybe increase these incentives b) We know for GM to get max credits in the near future they need 75 miles of range...so we can expect the battery efficiency and the range to go up significantly in the near future...maybe in the next quarter or two?? GM really cant afford NOT to compete at this stage.
However IF there are any dealers out there reading this today and want to sell me a loaded new Volt for $27k range again...i WILL BUY IT TODAY

 

[firehawk72]

Yes...i have my ford energi lease expiring today...and want to buy another loaded volt...however, I bought mine in July at 20% off less dealer discount of 5 a $40 car for $27k! How cn I pay more now once that number is established in the market??
The best deal I can get now is about 34k! which is $7k more?? I need a car now...but cannot pay $7k more knowing a) GM will repeat and maybe increase these incentives b) We know for GM to get max credits in the near future they need 75 miles of range...so we can expect the battery efficiency and the range to go up significantly in the near future...maybe in the next quarter or two?? GM really cant afford NOT to compete at this stage.
However IF there are any dealers out there reading this today and want to sell me a loaded new Volt for $27k range again...i WILL BUY IT TODAY

Had I ran across your deal, I would probably have purchased a 2016 for sure. Now, I am waiting for the Market Price to come in line with reality AND have decided if I do trade, I want one with ACC as well. Looking for about what you paid on a loaded two tone with ACC in either red or white, maybe gray But that has to happen, or no deal for me. My 2012 Volt is still a complete joy to drive.

 

[Bacardi]

16/17/20% cash back was probably always coming regardless of profit or competition on black Friday...The strange omission is that the Volt wasn't included in the Costco promo sale...The other issue if you're wanting to buy an EV from Chevy, they may prefer you buy a Bolt...

My opinion is that they should just lower the MSRP and dial back the huge incentives...

 

[firehawk72]

16/17/20% cash back was probably always coming regardless of profit or competition on black Friday...The strange omission is that the Volt wasn't included in the Costco promo sale...The other issue if you're wanting to buy an EV from Chevy, they may prefer you buy a Bolt...

My opinion is that they should just lower the MSRP and dial back the huge incentives...

When they reorganized that was the stated plan, but it quickly faltered into doing what they have always done.

 

[1LeeMartin1]

When they reorganized that was the stated plan, but it quickly faltered into doing what they have always done.

It seems they think they have to use the old "MACY'S" pricing strategy of 30% OFF Plus another 25% off and TODAY ONLY....Get an additional 15% OFF.....and ...WE ARE STILL PAYING OVER RETAIL!!!
....but as politicians believe....You can fool some of the people...some of the time...BUT WE CAN FOOL ALL OF THE PEOPLE ALL OF THE TIME )

 

[Ruleof72]

I hope they do offer some incentives this Fall. I like the Volt but I'd like it even more if it was closer to 30K than 40K. It would make the answer to the "what car to get after I sell my TDI back to VW?" much easier!

 

[ClarksonCote]

I need a car now...but cannot pay $7k more knowing

Well, keep in mind, if you pass on a Volt, you end up getting some other car that you may spend more per dollar of technology on, etc. Sometimes when you get as good of a deal as you received, you need to take a step back and say "well sheesh, if I pay more for the second Volt, I still overall got two Volts for a great deal."

Point being, getting a smoking deal shouldn't cause you to make that your new price ceiling, you'll just be frustrated all the time when in reality you're still getting two phenomenal deals for what you're getting in the car.

 

[DonC]

....please share your thoughts?......

My thought is that pricing on the Volt won't be affected by CR. Do you expect big price increases for Buicks? (I sure don't). I think current deals on the Volt are very good. They might get a tiny bit better but I wouldn't hold my breadth. ZEV credits likely have a bigger role to play than anything, and while the Volt gets GM 2 ZEV credits, the Bolt EV will get it 4 ZEV credits.

On Tesla's profitability, the quarterly profit shouldn't have been a surprise -- that Tesla would shift things around to show that result was clear for a while. It was a necessary piece of the Solar City narrative. Not likely to be repeated, one reason for which is that sales of ZEV credits in the quarter accounted for almost 700% of the profit (meaning that ZEV credit sales were almost 7X the size of the profit). Or stated differently, Tesla is still losing a ton of money actually selling cars. I'm open to the idea that ZEV credit sales can be counted as part of the business model, but that means your business if based on regulatory action, which can be uncertain and difficult to predict.

 

[firehawk72]

Well, keep in mind, if you pass on a Volt, you end up getting some other car that you may spend more per dollar of technology on, etc. Sometimes when you get as good of a deal as you received, you need to take a step back and say "well sheesh, if I pay more for the second Volt, I still overall got two Volts for a great deal."

Point being, getting a smoking deal shouldn't cause you to make that your new price ceiling, you'll just be frustrated all the time when in reality you're still getting two phenomenal deals for what you're getting in the car.

I wanted to send you a quick question about the EV extend, but your inbox was full.

 

[alfon]

We purchased our 2016 Volt LTZ when GM had the 20% off MSRP plus the dealer, Wilsonville Chevrolet, near Portland OR, gave us another $3,000 of in addition for a total of over $11,000 off. $29,000 for a Volt over $40,000.

Now if one could get a 2017 Volt base for say $25,000 it would be a great buy especially if you qualify in full for the $7,500 tax credit which would bring the price to less than $18,000. All that technology for a price less than a Honda Civic, that would be hard to pass on...

 

[llninja]

Well, keep in mind, if you pass on a Volt, you end up getting some other car that you may spend more per dollar of technology on, etc. Sometimes when you get as good of a deal as you received, you need to take a step back and say "well sheesh, if I pay more for the second Volt, I still overall got two Volts for a great deal."

Point being, getting a smoking deal shouldn't cause you to make that your new price ceiling, you'll just be frustrated all the time when in reality you're still getting two phenomenal deals for what you're getting in the car.

That's exactly how I buy my cars ($44k g1 for $21k new). If history repeats itself, August 2017 will see steep discounts. We saw it with the volt g1, we saw it with the elr, it has happened before, it will happen again. I've been saying this since the g2 was introduced. Wait 2 years, prices will plummet and folks who paid too much with still say theiy were happy with their deals.