Demand for General Motor’s new Chevrolet Volt is high which is allowing dealers in America to add significant markups on the retail price of US$41,000 (AU$45,000). Edmunds.com recently conducted some research and submitted an online request with a dealer as a potential customer. The dealer returned the inquiry with this,
Thank you for your online request, as you know the Volt is going to be a very limited production vehicle for the first 2-3 years. Demand is going to far exceed supply for this vehicle, initially our asking price for the Volt is going to be MSRP plus [US]$20,000, we are expecting to only receive 9 Volts all of next year.
I will keep you in my customer base for when the Volt comes out and I will contact you with any information as I receive it. We are taking orders right now for the Volt, if you would like more information, please let me know and I will be more than happy to help you. Thank you.
***** *****, Internet Specialist
Although the $20,000 (AU$22,000) markup is quite a lot, recent reports have said General Motors is not condoning this kind of dealership behaviour and they say it will do its best to discourage monopoly issues.
It brings about the question as to why any buyer would purchase the car outright anyway with much better leasing deals available – US$350 for 36 months with an initial down payment of just US$2500. Hopefully, for the US customers’ sake, the dealers won’t be tampering with this offer.