Could Dealers Be Selling Volts To Each Other To Pocket The $7500 Credit

I recently set out to determine how honest General Motors is being when it claims that demand for the Chevy Volt is exceeding supply. It was not hard to discover that this is not the case as retail sales remain dismal. A web search on vehicle locator sites such as Autotrader and Cars.com exhibit sufficient supply of the Volt, one dealership within 70 miles of my location had six new Volts available for sale.

Full 2012 Best Design And Style Award-Car Photo Gallery

2012 Mercedes-Benz SLS AMG Roadster Photo Gallery

2011 BMW 335d M-Sport Photo Gallery

2011 Concorso d'Eleganza Villa d'Este Photo Gallery

Aston Martin V12 Zagato Photo Gallery

Fiat 500c Convertible Photo Gallery





Read Article

Joe_Limon - 5/31/2011 11:31:39 AM

-1 Boost

Well... this does allow the consumer to see an immediate return rather then having to wait till tax time as the used volts are being sold for less than new volts. At the end of the day, the dealership won't be able to make $7,500 profit like the article is trying to imply simply because no one is going to pay full price for a used vehicle. If they are willing to pay full price for a used vehicle they deserve the $7,500 penalty lol!

Agent009 - 5/31/2011 12:03:16 PM

-2 Boost

Well the used car market is the strongest it has ever been. For example it isn't uncommon to find a low mileage one year old car priced around the same as a new version.

In this case there is a possibility to squeeze an additional $3K out of the deal with the scam.

SoapyJohnson - 5/31/2011 11:03:54 PM

0 Boost

NASCAR pulls the plug on inaugural Chevrolet Volt 400. The story can finally be told ... http://placeitonluckydan.com/2011/05/nascar-pulls-plug-on-chevrolet-volt-400/

apeweek - 5/31/2011 11:35:58 PM

0 Boost

http://www.plugincars.com/volt-dealers-accused-gaming-federal-ev-incentives-trick-consumers-107252.html#comment-8833

uaw_lax - 6/1/2011 4:01:03 AM

+1 Boost

Dumb article