Chevrolet Volts end up on eBay, demand up to $4,000 mark-ups
By now, most of you know that the Chevrolet Volt plug-in hybrid isn’t available for sale nationwide. Only a select few dealers in certain areas of the United States were the first to get the Volt. With only a few available some have popped up on eBay with two demanding a premium from those interested in purchasing the car.
One of the three Chevrolet Volts up for auction on eBay is demanding a ‘Buy it Now’ price of $47,700 – $4,000 above MSRP with 7 miles on the odometer. Dominick Wieczorek, general manager of Tennyson Chevrolet in Livonia, Michigan, has a Volt listed on eBay with a ‘Buy it Now’ price of $47,500 – or $2,577 above MSRP.
Tony DiSalle, who originally headed up Volt marketing in January, told WardsAuto last year that GM is doing all it can to keep the lid on mark-ups.
“We’re messaging dealers to not mark it up north of the MSRP,” he said. “There isn’t a mechanism to prevent that from happening.”
Wieczorek said listing the car on eBay has drawn people into his dealership.
“We get people coming in just to look at the car,” he said, adding that a couple of those people ended up buying a Chevrolet Malibu instead.
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Refresher: The 2011 Chevrolet Volt is powered by 16-kWh, “T”-shaped lithium-ion battery that powers the electric drive unit, which allows it to drive 40 miles on battery power alone. The system puts out 149-hp and a maximum torque of 273 lb-ft, allowing the Volt to go from 0-60 mph in about 9 seconds, hitting a top speed of 100 mph. The battery can be re-charged by plugging into a household outlet and takes 4 hours to recharge on 240 volts, and about 10-12 hours on a standard 120-volt outlet. The Chevrolet Volt also carries an 84-hp 1.4 4-clyinder engine that allows the five-door, FWD sedan to travel additional miles while averaging a fuel-economy of 50 mpg. A fully charged battery and full tank of gas will allow the Volt to travel 340 miles. The 2011 Chevrolet Volt gets an EPA estimated 93 miles per ’gallon-equivalent’ when driving under electric power only, 37 mpg when in gasoline mode and over the long term it is estimated to get 60 miles per gallon in combined gasoline-powered and electric-powered driving. Prices for the 2011 Chevrolet Volt start at $41,000 but with a full federal income tax credit (which range from $0 to $7,500), the Volt can cost a total of $33,500.
2011 Chevrolet Volt:
– By: Omar Rana