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Old 03-06-2011, 06:14 PM   #1
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Chevy Volt

Just bought my oldest son the Chevy Volt which really fits his lifestyle. 5 miles from his apartment to school and about 40 miles to our house.

The car is VERY cool and has way more intelligence packed into it than I would expect from some typical American cars. Great to see that Detroit is really using their head!

First thing I checked was the RV towing capabilities. Manual says that it can be towed on a dolly.
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Old 03-06-2011, 07:44 PM   #2
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Quote:
Originally Posted by RVThere View Post
First thing I checked was the RV towing capabilities. Manual says that it can be towed on a dolly.
Thank you for the report. I share your enthusiasm for the Volt and I wish it and follow on vehicles like it well.
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Old 03-06-2011, 11:08 PM   #3
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That having been said...

The problem isn't the Volt or you buying one, it is the numbers of GM. It costs roughly $40,000 to make each Volt. They sell them for roughly $40,000. They make no money for every Volt they build or sell.

The government gives you a $7,000 rebate for buying a Volt. You get a car that costs $40,000 to build for roughly $33,000 brand new, score on your part.

The government borrows every penny of the $7,000 rebate and adds it to the debt. It owes interest on the $7,000. Your taxes pay the debt and interest, always owing more, never paying it down.

They want 1,000,000 on the road by 2015. To date less than 1,000 have been sold. Gas is being forced up to make sales of Volt much more attractive. It might actually work. Once everyone has a Volt, RVer's will be able to get fuel for $1.00 a gallon lol
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Old 03-06-2011, 11:36 PM   #4
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Our Senators will come up with a new tax on RV Fuel.
Dieasel is $4.04 today. Sun 3/6/11
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Old 03-07-2011, 06:44 AM   #5
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Actually, with the Volt you get up to a $7500 tax credit, not a rebate.

So the government will hold my $7500 for about 15 months until I file my 2011 taxes on April 15, 2012 and can claim the tax credit.

For those who buy the Volt and don't have a tax bill of $7500 or more, the tax credit is reduced.

Looking at the big picture:
- buying American made car
- built in Detroit and keeping tax payers employed
- paid a hefty NJ sales tax that will keep my state gov't moving (and wasting...)
- reduce dependence on foreign oil
- can go 40 miles on $1.50 in electric. At 20 mpg, that same mileage would cost about $6.50 in gas cost.
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Old 03-07-2011, 07:50 AM   #6
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I was listening to a NPR podcast and they said that the $7500 tax credit might turn into a $7500 rebate in the future.

I applaud the newer technology. I drive over 90 miles a day so this vehicle is currently out of the question but as technology changes and advances this could defiantly be the future.

RVThere, I see you are in New Jersey.. What county? I'm in Warren.
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Old 03-07-2011, 07:59 AM   #7
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Quote:
Originally Posted by Its Paid For View Post
That having been said...

The problem isn't the Volt or you buying one, it is the numbers of GM. It costs roughly $40,000 to make each Volt. They sell them for roughly $40,000. They make no money for every Volt they build or sell.

The government gives you a $7,000 rebate for buying a Volt. You get a car that costs $40,000 to build for roughly $33,000 brand new, score on your part.

The government borrows every penny of the $7,000 rebate and adds it to the debt. It owes interest on the $7,000. Your taxes pay the debt and interest, always owing more, never paying it down.

They want 1,000,000 on the road by 2015. To date less than 1,000 have been sold. Gas is being forced up to make sales of Volt much more attractive. It might actually work. Once everyone has a Volt, RVer's will be able to get fuel for $1.00 a gallon lol
That last part I like!!

BTW, non-partisan sources say that the govt might actually turn a profit, on GM.
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Old 03-07-2011, 09:31 AM   #8
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I wonder why it can not be towed 4-down

If I were designing a car, epically an electric drive car like the Volt, you can bet it would be 4-down towable with only the addition of a braking system such as the US-Gear system, in fact that would be the specified system.
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Old 03-07-2011, 09:36 AM   #9
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Bug512,

We are in Hunterdon County - Exit 11 off I-78. Not too far from southern Warren County.

We bought the car in Union, NJ (Union County) as they were one of the few dealers not charging a premium OVER MSRP.
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Old 03-07-2011, 09:39 AM   #10
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Upon reading this I remembered an old NORTHERN EXPOSURE episode where Chris gets adopted by Maurice. Maurice gave him his prized Cadillac.

I'M AVAILABLE, CAN I CALL YOU DADDY?
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Old 03-07-2011, 10:29 AM   #11
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The deal is that son #1 will pay us back - eventually...

Trust me, I hope to retire SOMEDAY so I can't afford any MORE children!
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Old 03-07-2011, 10:55 AM   #12
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The number I heard over the weekend was, fewer than 300 sold. It's a very small nich market and unlikely to get much larger until our energy policy finally forces the price of gas to $8 - $10. They're working on it.

Of course by then no one will have any money to buy one, tax credit, rebate, or whatever.
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Old 03-07-2011, 10:58 AM   #13
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Tom, I take exit 11 every day off of I-78, we are in Washington and I work in Florham Park.

Hey neighbor..
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Old 03-07-2011, 10:59 AM   #14
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