Buyers beware of new 2011 Chevrolet Volt

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2011 Chevrolet Volt

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Edmunds.com was running its fishing pole on some of Chevrolet dealerships to get a feel for the prices of the new 2011 Chevrolet Volt, which will be due this fall. And it found out that the markup price for new 2011 Chevrolet Volt was out of this world. The highest markup price was about $20,000. No lies, check out the quote from an email below:

Hello *****

Thank you for your online request, as you know the Volt is going to be a very limited production vehicle for the first 2-3 years. Demand is going to far exceed supply for this vehicle, initially our asking price for the Volt is going to be MSRP plus $20,000, we are expecting only receive 9 Volts all of next year.I will keep you in my customer base for when the Volt comes out and I will contact you with any information as I receive it. We are taking orders right now for the Volt, if you would like more information, please let me know and I will be more than happy to help you.

Thank you.

***** *****, Internet Specialist
******* Chevrolet
********, CA

A shocking $20,000 markup over MSRP ($41,000) for a 2011 Chevrolet Volt, which equals to $61,000 for an all-electric drive vehicle with a gas generator.

A GM spokesperson is quoted as saying: “We also aren’t expecting our dealers to overcharge anyone for this vehicle, either, and will monitor the situation closely when we launch,” adding, “we’ll be paying close attention when the vehicle launches and do our best to strongly discourage this kind of behavior, as we always do with any GM-branded vehicle.”

Hopefully, GM will monitor this situation closely to reduce this practice. If you can remember the Saturn Sky, this was a decent sports car and intended to be  affordable for the masses. But it got marked up so bad by greedy dealerships that just killed the car, and now it is just another page in history.

Don’t get “jiffed” by these greedy dealers, eliminate their shady games. If you are pretty new to the electric car market and not sure if you like it or not in the long-run, we advise you to take advantage of the GM’s lease program to test out the water. The lease program allows Volt buyers to lease the plug-in hybrid for $350 a month with a $2,500 down payment.