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The auction for the first Chevrolet Volt has come to an end, with the winning bidder putting up $225,000 for what might be a very lucrative investment.
And while its future value might be unknown, what is certain is that the $225,000 isn’t going to be wasted with the proceeds going to the Detroit Public Schools Foundation in support of Science, Technology, Math and Engineering.
Starting at $50,000 the price climbed almost immediately to $185,000 before stagnating and finally settling just shy of a quarter million. We have to admit being a little disappointed that such a revolutionary car failed to attract the attention it deserves, but perhaps that’s a sign of what the market really thinks about the future of alternative energy.
With the official production announcement of the Chevy Volt yesterday, came news that GM would auction-off the very first car to roll off the assembly line.
Bidding will take place online for the next 13 days at http://volt.charitybuzz.com and in just the first 24 hours the price has skyrocketed to $180,000.
All proceeds from the sale of the groundbreaking new GM product will go to the Detroit Public Schools Foundation in support of Science, Technology, Match and Engineering.
To place your bid, head to http://volt.charitybuzz.com/
Touted as the most advanced car ever made, Chevrolet announced the official start of production of the Volt electric car today during a press conference at the Hamtramck assembly plant where the car will be built.
General Motors has also announced it will auction off the very first production Volt, with all proceeds going to the Detroit Public Schools Foundation in support of Science, Technology, Match and Engineering.
The bidding for the first production Volt will be held online at Volt.Charitybuzz.com. Now’s your chance to help out a good cause and get a car that’s easy on the environment. Then again, you might just want to stick it in a museum and wait for the value to skyrocket.
Get full details and enter to bid at: http://volt.charitybuzz.com.