First Chevrolet Volt Auctioned Off for $225,000
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 AutoGuide from its launch, Colum previously acted as Editor-in-Chief of Modified Luxury & Exotics magazine where he became a certifiable car snob driving supercars like the Koenigsegg CCX and racing down the autobahn in anything over 500 hp. He has won numerous automotive journalism awards including the Best Video Journalism Award in 2014 and 2015 from the Automotive Journalists Association of Canada (AJAC). Colum founded Geared Content Studios, VerticalScope's in-house branded content division and works to find ways to integrate brands organically into content.
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