Volt Birth Watch 32: How Much Will It Cost Now?
First it was $30k. Then it became $40K-ish. Now, who knows? There's no way to guess how much GM will want for a Volt
if when it finally hits the market in 2010. Bloomberg reports that Product Developer Supremo Bob Lutz is warning that "We are going to bake in a very substantial warranty cost for the battery in our overall pricing calculation. We need to be conservative, simply because it's the first time we've done anything like this." Maximum Bob gave no indication what that warranty cost would be. With experts estimating that each Volt battery pack could cost as much as $10k, it won't be pocket change (except for GM's management). Between the warranty costs and the workarounds for power-sucking accessories, the Volt's guinea pigs first generation customers may find out it's no fun living on the bleeding edge.
More by Frank Williams