Cost of Making a Chevy Volt
The cost of making a Chevy Volt is significantly higher than its asking price. General Motors is estimated to be losing upwards of $49,000 per Volt, according to industry insiders and manufacturing experts. This loss has been heightened due to Volt lease offers, with customers paying just over $5,000 to drive the Volt for two years.
Average List Price and Charging Cost
– The average list price for the 2019 Chevrolet Volt is $18,972, ranging from $18,972 to $21,160.
– The cost to charge a Chevy Volt depends on electric rates, generally ranging from around 10 to 20 cents per kWh. In general, it will likely cost somewhere between around $2-5 to charge a Chevy Volt from empty, depending on electric rates.
It’s important to note that the cost of making the Chevy Volt is much higher than its asking price, and the average list price for the 2019 model is around $18,972. Additionally, the cost to charge a Chevy Volt depends on electric rates and can range from $2-5 to charge from empty.
Contents
- How much does it cost for a Chevy Volt?
- Why do Chevy volts depreciate so much?
- How long will a Chevy Volt last?
- Is the Chevy Volt profitable?
- How much does it cost to replace the battery in a Chevy Volt?
- How long does a Chevy Volt last?
- How much does it cost to fully charge a Chevy Volt?
- How many years will a Chevy Volt last?
- How much did it cost to build a Chevy Volt?
- Why did GM stop making Volt?
How much does it cost for a Chevy Volt?
Chevrolet Volt Listings by Year
| Vehicle | Price From | Excellent Price |
|---|---|---|
| 2019 Chevrolet Volt | $13,995 | 1 listing |
| 2018 Chevrolet Volt | $11,995 | 16 listings |
| 2017 Chevrolet Volt | $9,000 | 18 listings |
| 2016 Chevrolet Volt | $8,426 | 8 listings |
Why do Chevy volts depreciate so much?
The reason why those cars lose there resale value quickly is because they kill you when they need repairs which is similar to the Volt but the Volt not only has high repair costs, they also have a huge parts availability problem. Just imagine how much worse this will be each year..
How long will a Chevy Volt last?
200,000 to 300,000 miles
“With proper use and maintenance, a Chevrolet Volt can last 200,000 to 300,000 miles before you experience any major issues with the hybrid powertrain and other expensive components. If you drive an average of 15,000 miles per year, the car may serve you for about 13 to 20 years.”
Is the Chevy Volt profitable?
Is Chevy’s eco-car a waste of money? Yes. The Volt will never be profitable: The Volt’s high production costs “prove that the innovative plug-in hybrid is impractical and will probably never be more than a niche product,” says Jonathan Berr at MSN Money.
How much does it cost to replace the battery in a Chevy Volt?
In the instance when you may need a new battery, you’ll want to know the answer to the following question, “How much to replace a Chevy Volt battery?” A new Chevy Volt battery on average costs around $9,000, but this number varies significantly based on factors such as warranty coverage.
How long does a Chevy Volt last?
200,000 to 300,000 miles
“With proper use and maintenance, a Chevrolet Volt can last 200,000 to 300,000 miles before you experience any major issues with the hybrid powertrain and other expensive components. If you drive an average of 15,000 miles per year, the car may serve you for about 13 to 20 years.”
How much does it cost to fully charge a Chevy Volt?
The cost to charge a Chevy Volt depends on electric rates where you live. Around the U.S., electric rates generally range from around 10 to 20 cents per kWh. This means that, in general, it will likely cost you somewhere between around $2-5 to charge your Chevy Volt from empty.
How many years will a Chevy Volt last?
“With proper use and maintenance, a Chevrolet Volt can last 200,000 to 300,000 miles before you experience any major issues with the hybrid powertrain and other expensive components. If you drive an average of 15,000 miles per year, the car may serve you for about 13 to 20 years.”
How much did it cost to build a Chevy Volt?
There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce. And while the loss per vehicle will shrink as more are built and sold, GM is still years away from making money on the Volt, which will soon face new competitors from Ford, Honda and others.
Why did GM stop making Volt?
It was lauded for its features, including the best all-electric driving range in its segment, where it could hit 53 miles before the gasoline engine turned on. However, GM discontinued the Volt in 2019 for several reasons, primarily because it was a small car, and sedan sales were falling globally.
