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First Chevy Volt Sells For $225,000

Posted in Car Auctions, Chevrolet, Electric Cars, General, New Cars, Newsworthy by Kurt Ernst | December 15th, 2010 | 5 Responses |

The Chevy Volt. Photo: © GM Corp

As part of Chevy’s new initiative to give back to the community, the automaker auctioned off the second production Chevy Volt, with proceeds going to benefit the Detroit Public Schools Foundation. In keeping with GM tradition, the first production vehicle goes to their internal collection, making serial number 002 the first available production vehicle. When the gavel dropped at 6:00 PM last night, the winning bid totaled $225,000, all of which will go to the Detroit Public Schools Foundation.

The Volt auctioned off was equipped with the premium trim, rear camera and park assist packages, and it was painted Viridian Joule (light metallic blue-gray) with a Light Neutral interior. If you ordered the same car for a Chevy dealer, it would sticker at $44,085, but that’s not the point since the proceeds went to benefit a charity that supports science, technology, engineering and math initiatives in Detroit schools. In other words, Chevy’s donation of the Volt supports the very education system that is likely to turn out the next generation of automotive engineers, designers and management. I’d call that wise thinking.

As for the buyer, if the Volt turns out to be the history making car I’ve said it is, then owning the first production model could turn out to be a worthy investment down the line. Help the Detroit public schools now, and profit from your investment in ten or twenty years? I’d say that’s not a bad way to spend $225,000.

Source: Chevrolet

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5 Responses

  1. […] internal collection, making serial number 002 the first available production vehicle. When […]Read more… Categories: Uncategorized Tags: Chevy Volt, Detroit Public Schools Foundation, Mercedes […]

  2. And they said there is not demand for EV1. The car is back and it sells for over 200k, that is some demand i say.

  3. Kurt Ernst says:

    tein, the EV-1 is like a holy relic at GM’s battery development lab. There’s a lot of reverence for that car, but the Volt is superior in every way.

    What’s really interesting about the Volt is how politically charged it’s become: the far left hates it, because it’s an electric car that still uses gasoline (but only when your driving exceeds the battery range). The far right hates it, because it was built by “Government Motors” and “isn’t a true electric car”. In all the noise from both extremes, I hope the real value of the car isn’t lost on the general public.

    I’ve driven it, and I believe it to be perhaps the most significant American car of the last 50 years. It’s good, VERY good, and it bodes well for future serial hybrid automobiles.

  4. Taylor says:

    I guess it’s to easy to just give the money to a worthwhile cause, somebody’s always gotta have a trophy so that they can say they’ve been there, done that and saved the koalas while they were there.

  5. Really very good and nice car, and I need a lot of money for it:)