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Old 05-31-2011, 11:58 PM
 
Location: Tennessee
37,801 posts, read 41,008,695 times
Reputation: 62194

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How many Volts are really being sold? Dealerships are purchasing Chevy Volts and reselling them as used vehicles to be entitled to the $7,500 tax credit.

"GM does not deny that Chevy dealerships are selling Chevy Volts to other dealerships, including a KIA dealership, for resale. At the same time, Peterson also touts the high demand for Volts claiming, "we don't sell Volts at the moment - it's almost like we deliver them." By this statement, you wouldn't know that sales for the Volt averaged a dismally low 425 per month for the first four months of the year. GM recently stated that they had the capacity to build at a pace of 17,000 per year. So, here's a question for GM and Mr. Peterson: If demand is so high for the Chevy Volt, why would a Chevy dealership sell the vehicle to other dealerships, particularly when there are supposedly customers lined up to pay full price?"

GM Admits that Dealerships are Taking Chevy Volt Tax Credits | National Legal and Policy Center
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Old 06-01-2011, 12:09 AM
 
Location: Flyover Country
26,211 posts, read 19,518,770 times
Reputation: 21679
It's a terrible scam!

And now a word from our sponsors: "At Exxon, we care about you, we really do. Please remember this if gas prices rise over the summer. Thanks and drive safely! Your friends, Exxon"
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Old 06-01-2011, 12:09 AM
 
Location: Unperson Everyman Land
38,644 posts, read 26,374,838 times
Reputation: 12648
Quote:
Originally Posted by LauraC View Post
How many Volts are really being sold? Dealerships are purchasing Chevy Volts and reselling them as used vehicles to be entitled to the $7,500 tax credit.

"GM does not deny that Chevy dealerships are selling Chevy Volts to other dealerships, including a KIA dealership, for resale. At the same time, Peterson also touts the high demand for Volts claiming, "we don't sell Volts at the moment - it's almost like we deliver them." By this statement, you wouldn't know that sales for the Volt averaged a dismally low 425 per month for the first four months of the year. GM recently stated that they had the capacity to build at a pace of 17,000 per year. So, here's a question for GM and Mr. Peterson: If demand is so high for the Chevy Volt, why would a Chevy dealership sell the vehicle to other dealerships, particularly when there are supposedly customers lined up to pay full price?"

GM Admits that Dealerships are Taking Chevy Volt Tax Credits | National Legal and Policy Center



Does anyone in the administration have the IQ of a tree squirrel such that they could maybe anticipate abuses like this?
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Old 06-01-2011, 12:13 AM
 
Location: Unperson Everyman Land
38,644 posts, read 26,374,838 times
Reputation: 12648
Quote:
Originally Posted by odanny View Post
It's a terrible scam!

And now a word from our sponsors: "At Exxon, we care about you, we really do. Please remember this if gas prices rise over the summer. Thanks and drive safely! Your friends, Exxon"

If gas prices rise?


Thanks low dollar!

We couldn't be trapped in a perpetual cycle of economic stagnation without you.
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Old 06-01-2011, 12:22 AM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,442,508 times
Reputation: 6465
Quote:
Originally Posted by momonkey View Post
If gas prices rise?


Thanks low dollar!

We couldn't be trapped in a perpetual cycle of economic stagnation without you.

Nothing surprises me at all any more about any company whatever that company may be. Large or small they still seem to pull the scams.
With this current economic criris we are in, we surely are being trapped.

Low Dollar, high gas prices, aren't we such a lucky bunch.
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