Chevy Volt a Failure - GM to Layoff 1,300

It wouldn't be feasible to own one of them where I live, unless you found a garage with a charging station. An indoor garage spot around here, without the charging station runs $350 to $450 a month, depending on where. I am not sure there are any garages around here with charging stations, but I can't imagine how much they'd charge for a monthly spot, if they do exist.

That said, where I live isn't typical of most of the country. And if electric cars somehow become a cost-efficient alternative, and they penetrate the market, charging stations will follow the demand for the cars. Just like gas stations found their way into the world to follow the demand for gasoline-powered cars.

 

It might be a really good deal if you can find one of those leases, but if I was thinking about getting one, I would probably do it before November, when the urgency behind those giveaway leases might suddenly disappear.

 

The dealers are out $37K for each car at dealer cost, right? The only way they end up making out is if they get those cars back after the two year lease and they can turn around and sell them. Given that they can't sell them now, why are they going to be able to sell used versions of them, even if they are low-mileage vehicles, when they will still be overpriced vehicles--the reason nobody is buying them now? If they could turn around and sell them, as that Forbes link you posted points out, they will see that $7500 subsidy, make $5,000 on the lease and an unknown incentive (maybe $3,000) from GM. If they can then sell the used two-year old Volts for $34,000 as the article suggested they will, yeah, the dealers will see $12,500 profit, in large part courtesy of U.S. taxpayers. My question, though, is why would anyone think that a two-year old Volt with 20,000 miles on it is going to fetch $34K, when a brand new one can't fetch the $39K price tag they have on it?