Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate? - Page 2

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Thread: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    I'm still baffled as to why GM spent heavily to bring the Bolt to market as a totally undesirable little shoebox that would embarrass a spinster librarian eco-warrior.

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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by AMcA View Post
    I'm still baffled as to why GM spent heavily to bring the Bolt to market as a totally undesirable little shoebox that would embarrass a spinster librarian eco-warrior.
    It sells very well in Commiefornia, plus do not forget all the data they have to work with now on their next gen stuff. In addition throw in the Spark EV which they used to build upon to bring in the bolt

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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by sdotjeezy View Post
    Wow...I guess here in GMI land is the only place where the Bolt is preferred to the 3. I just cant fathom dropping 40k for a subcompact when there are other more appropriately sized/styled options out there. I've driven a subcompact on the highway for almost a year in my Versa...it sucked.

    The only thing IMO you can legit say that the Bolt has over the 3 is build quality and support after the sale...Tesla still has some work to do there but with their corporate structure you're less likely to deal with Shyster service reps that are prevalent in dealer networks.

    Re: ride harshness in 3 vs Bolt...I guess that is because the 3 is a sport sedan. Think of it like this: CT4 vs Spark, the CT4 is going to be a little harsher riding than the Spark because of its sporting intent.
    The Bolt having traditional controls alone have put the Bolt above the model 3. Also range wise the price climbs quickly on the model 3 if you want to exceed that of the Bolt. There are a lot of happy Bolt owners and even more that value utilitarian over image
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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by mbukukanyau View Post
    It sells very well in Commiefornia, plus do not forget all the data they have to work with now on their next gen stuff. In addition throw in the Spark EV which they used to build upon to bring in the bolt
    Exactly the Bolt was the test bed for the EVs that are about to launch. The dealers are now better equipped to handle EVs as well.
    "More powerful, quicker and outright faster than a comparable BMW, Cadillac’s newest model is the best reason to skip the letter M and head all the way down the alphabet to V."
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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by mgescuro View Post
    No one in their right mind would ever buy a Bolt for that money.
    The car looks like a dinky commuter car, based on a perception that "electric cars need to look like dinky commuter cars."
    That's GM's historic ineptitude.

    Bolt drives like a dinky commuter car. Because that's what it is.
    Model 3 drives like a sports sedan. Because that's what it is. And it just happens to have a 322 mile range... and have AWD... and outruns a 911.
    Quote Originally Posted by AMcA View Post
    I'm still baffled as to why GM spent heavily to bring the Bolt to market as a totally undesirable little shoebox that would embarrass a spinster librarian eco-warrior.
    That's been my biggest beef about it all along. It has that early on mentality of car design, that it had to have that certain look about it. Whereas a lot of the other players made them look like actual cars that someone might have an actual passion for it. Instead of just being "electric appliances" sort of.

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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by 1958carnut View Post
    That's been my biggest beef about it all along. It has that early on mentality of car design, that it had to have that certain look about it. Whereas a lot of the other players made them look like actual cars that someone might have an actual passion for it. Instead of just being "electric appliances" sort of.
    For one, it does not cost what a model 3 costs and a Model 3 will only keep ahead of a 911 of the line..and then get absolutely embarrassed.

    It’s a commuter car and drives like one.. but it’s got 238 miles of range for half the price of a model three.

    Lastly, there is people that do not give a hoot how they look inside a car... they want a commuter vehicle

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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by Cobaltss_King View Post
    Exactly the Bolt was the test bed for the EVs that are about to launch. The dealers are now better equipped to handle EVs as well.
    Are they?? Most dealerships sell 10 a year. That's not exactly a great study for them to get better equipped. My local dealer laughs at them.
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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by bballr4567 View Post
    Are they?? Most dealerships sell 10 a year. That's not exactly a great study for them to get better equipped. My local dealer laughs at them.
    It’s been out since 2017 and been the best selling non Tesla EV.
    "More powerful, quicker and outright faster than a comparable BMW, Cadillac’s newest model is the best reason to skip the letter M and head all the way down the alphabet to V."
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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by bballr4567 View Post
    Are they?? Most dealerships sell 10 a year. That's not exactly a great study for them to get better equipped. My local dealer laughs at them.
    You are in Indiana, if your local dealer was in Los Angeles, he would beg for a bigger allocation.

    Don’t be negative for the sake of it. GM did not run out of EV credits for selling v8s

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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by mbukukanyau View Post
    You are in Indiana, if your local dealer was in Los Angeles, he would beg for a bigger allocation.

    Don’t be negative for the sake of it. GM did not run out of EV credits for selling v8s
    Can't make a business case out of one city.

    The Bolt is a commendable first EV but it's already been left very far behind by the class leaders. GM is doing OK, not great, with EVs.
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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by sdotjeezy View Post
    Bolt needs the $8500 to sell...otherwise no one in their right mind would take it over the Sonic.
    Fixed this for you................


    Quote Originally Posted by GMOwner View Post
    That accounting magic is not the reason why, but, another one is. Selling something while providing an incentive allows GM to realize greater revenue on their balance sheet at the time of sale--something much more important than sales tax. That higher selling price is then reflected in the many other ways GM sells and allows their consumers to purchase their vehicles.

    That incentive could be, for example, the amount given to you instead of an advertising agency to provide you with yet another TV commercial for a Bolt that no one ever watches anymore...

    People have to understand that it is always much better to increase your revenue than it is to save on your "tax" costs at the time of sale... The era of cutting costs to make money is (or shall I say should) be over.
    Nope, sorry not-buying it; $8,500 is $8,500 sure you can say it's funded by advertising or marketing, but it is still $8,500 GM is puking-up to sell the car.

    We tax rebates in Michigan too.

    The one thing it would help (sort-of, still smoke and mirrors) is leasing, i.e. residual. Residual is a percent of MSRP, for if a car to $40K and residual is 50% then depreciation is $20K, but the rebate would lower the cap-cost, and essentially the depreciation would be $11,500. But even this is smoke-and-mirrors, because GM itself, is the lessor, just more left-pocket, right-pocket stuff.



    Quote Originally Posted by mbukukanyau View Post
    It sells very well in Commiefornia, plus do not forget all the data they have to work with now on their next gen stuff. In addition throw in the Spark EV which they used to build upon to bring in the bolt
    Trust me, whatever GM is doing it is the absolute best course of action, GM never makes mistakes!


    Quote Originally Posted by bballr4567 View Post
    Can't make a business case out of one city.

    The Bolt is a commendable first EV but it's already been left very far behind by the class leaders. GM is doing OK, not great, with EVs.
    This whole "EV Craze" is just weird, it's like a race, that nobody wants to win (for good reason)...............
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    Re: Tesla, Audi Cut EV Prices: Why Does Chevy Bolt Have $8,500 Rebate?

    Quote Originally Posted by Cobaltss_King View Post
    It’s been out since 2017 and been the best selling non Tesla EV.
    It might be, but then that is in certain markets and not all over the place. I say that because seeing them on the Chevy lot for sale or on the streets around here has been quite scarce.

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