First Chevy Volt Sells For $225,000

The Chevy Volt. Photo: © GM Corp

As part of Chevy’s new initiative to give back to the community, the automaker auctioned off the second production Chevy Volt, with proceeds going to benefit the Detroit Public Schools Foundation. In keeping with GM tradition, the first production vehicle goes to their internal collection, making serial number 002 the first available production vehicle. When the gavel dropped at 6:00 PM last night, the winning bid totaled $225,000, all of which will go to the Detroit Public Schools Foundation.

The Volt auctioned off was equipped with the premium trim, rear camera and park assist packages, and it was painted Viridian Joule (light metallic blue-gray) with a Light Neutral interior. If you ordered the same car for a Chevy dealer, it would sticker at $44,085, but that’s not the point since the proceeds went to benefit a charity that supports science, technology, engineering and math initiatives in Detroit schools. In other words, Chevy’s donation of the Volt supports the very education system that is likely to turn out the next generation of automotive engineers, designers and management. I’d call that wise thinking.

As for the buyer, if the Volt turns out to be the history making car I’ve said it is, then owning the first production model could turn out to be a worthy investment down the line. Help the Detroit public schools now, and profit from your investment in ten or twenty years? I’d say that’s not a bad way to spend $225,000.

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