2011 Chevrolet Volt Long Term Road Test


2011 Chevrolet Volt: What's the Right Price?

March 01, 2011

Volt_in_Garage.jpg
I would consider putting a Chevy Volt in my garage, but not at the current price of $43,000. Even after the federal tax credit we're looking at $35,500, and that's too steep. Just think of the cars in that price range.

After a rare trip to our local gas station (our Volt drank only 5.6 gallons after traveling over 500 miles) I found that the average Joe has pretty strong feelings about the price. One guy in particular gave me a piece of his mind.

Here's an interesting conversation I had while pumping $3.95 premium gas into the Volt.

Him: That's going to be my first Chevy? Aren't you lovin' it?

Me: I love it when I'm in all-electric. But the range is a little disappointing. And the price is too high.

Him: Yeah, they're rippin' everyone off.

I loved the way he flipped from one extreme to the other. But it's obvious that the word is out: the price is too high.

I have my opinion. But I'd be interested in hearing what you think the right price is for the Chevy Volt?

Philip Reed, Edmunds Senior Consumer Advice Editor, @ 2,864 miles

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Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2011 Chevrolet Volt in VA is:

$100 per month*
* Explanation
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