Coffee House => Coffee House Boards => CH / Electric Cars => Topic started by: SysAdmin on August 14, 2013, 05:53:11 AM

Title: Don't fear electric car price cuts
Post by: SysAdmin on August 14, 2013, 05:53:11 AM
Comparing the Tesla Motors Inc (NASDAQ:TSLA ( Model S to the General Motors Company (NYSE:GM ( Chevrolet Volt is not exactly fair. Of course( (, the fact that these are both electric vehicles will have people making comparisons for many years to come. From a pricing( ( point of view, these two cars are not in the same ballpark. The Model S can top out over $90,000, according to this piece (  by Vince Bond, while the Volt is nowhere near as expensive with a price  of $27,495 after applying the $7,500 federal tax credit. The interesting thing, at this point, is that the Chevrolet has dropped the price of the Volt, according to Mike Colias (  of Automotive News, with a new sticker price, including shipping, of  $34,995. This is a decrease of approximately $5,000, when compared to  average sticker prices( ( from the previous year.