Friday, October 14, 2011

Chevy-Dealing Congressman: “There Is No Market” For The Volt

Chevy-Dealing Congressman: “There Is No Market” For The Volt The Truth About Cars
I’m a Chevrolet dealer…
we have a Chevy Volt on the lot, it’s been there now for four weeks.
We’ve had one person come in to look at it, just to see what it actually looks like…
Here’s a car that costs $45,763.
I can stock that car for probably a year and then have to sell it at some ridiculous price.
By the way, I just received some additional information from Chevrolet: in addition to the $7,500 [federal] tax credit, Pennsylvania is going to throw another $3,500 to anybody foolish enough to buy one of these cars, somehow giving them $11,000 of taxpayer money to buy this Volt.
When you look at this, it makes absolutely no sense.
I can stock a Chevy Cruze, which is about a $17,500 car and turns every 30 to 40 days out of inventory… or I can have a Volt, which never turns and creates nothing for me on the lot except interest costs…

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