Tuesday, February 22, 2011

Do federal subsidies and Volt markups belong together?

We are told that the Chevy V is the question now. It's hard to say there is little call for these vehicles, if the operator tries to one on sale for $ 65,590. Although 50 percent price increase is an exception (fortunately not the norm), there are many other suppliers, by adding a few thousand dollars to the price of Chevy's halo car. The question is about the green car news: people willing and able to pay more than MSRP to get it right now to really get your tax dollars to $ 7,500 tax refund? According to our friends Chelsy Sexton in a recent blog:

Those federal discounts or loans must be subject to the sale of vehicles at or below the recommended. This should not prevent retailers to charge more and can afford the innovators and the first block may pay a premium for giving up the rebate - but taxpayers should not subsidize the ego.

Although I do not think it will make a huge difference in reducing the tax breaks given out (not many people will be willing to take a double hit, paying more than MSRP damages and losses), it would almost immediately stop price gouging and must sell the Volt in GM-set price.
Tags:Car tips,New cars,Fast cars,Audi,BMW

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