Tuesday, April 19, 2011

Volvo C30 Electric.

Has Volvo lost its marbles? It certainly seems so, as the Swedish automaker is considering an insanely high $2,300 per month lease for the new C30 Electric.
Speaking at a launch event in Indianapolis, Indiana, the president of Volvo Car Special Vehicles, Lennart Stegland, stated that the final price of the C30 has not yet been determined, but that Volvo will not sell the EV, but lease it out instead. The lease price for the C30 was set at 1,500 euros per month.
Using our math skills, that price comes to around $2,129.85 per month, so if one decides to lease the new C30 for three months, the total price will be around $76,674. What’s even more shocking about the situation is that Stegland stated that even at that high price, Volvo would not make any money on each vehicle leased out.
Those that are complaining about the price of the current flock of electric vehicles will certainly have something to say about this model. The electric C30 will be here by 2012.
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