First 2011 Chevrolet Volt to Be Auctioned off for Charity

#GM, #Volt

Want to be the first consumer to own a 2011 Chevrolet Volt? Forget about placing a deposit -- you'd better practice your bidding skills. General Motors announced today that one of the first consumer-ready examples will be auctioned off to benefit a Detroit area charity.

This may be one of the first Volts the general public can purchase, it isn't exactly the first production car to roll down the assembly line in Hamtramck, Michigan. GM will keep the first example for its historic collection, but the second car -- carrying a vehicle identification number ending in BU100002 -- is up for grabs.

Although base Volts come equipped with a long list of standard features, including navigation, a Bose audio system, XM satellite radio, and Bluetooth connectivity, this example will be built with every factory option. The Viridian Joule metallic paint color ($995) is thrown in, as is the rear-view camera system ($695), polished 17-inch wheels ($595), and the $1395 premium trim package, which adds heated leather seats and door panel graphics. The winning bidder will also receive a 240-volt charging station with free installation, which is worth roughly $2000.

GM is donating all proceeds from the auction to the math and science departments of the Detroit Public Schools Foundation.

"Every aspect of the Volt - from its aerodynamic shape to its battery chemistry - is a testament to the importance of math and sciences," Mark Reuss, GM North America president said in a prepared statement. "By encouraging Detroit-area students to pursue these topics, we hope to cultivate the next generation of engineers who will build upon the Volt's innovative technologies."

Bidding for the Volt started at $50,000 -- roughly $3000 more than the estimated cost of a similarly equipped Volt and charger -- but currently, bidding has already reached the $52,500 mark. We expect that figure to go higher, as the auction potentially allows buyers to leapfrog both waiting lists and GM's own market rollout plans. Those interested in bidding can do so on bidonthevolt.com, but they have until 6 p.m. EST on December 14 to make their final bid.

Source: GM

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