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CA Chevy dealer allegedly adds $50K 'market value adjustment' to 2015 Z06

It seems to happen with every eagerly anticipated new car – dealerships, recognizing that crushing demand far outstrips the initial limited supply of a new model, inflate the price via a so-called "market value adjustment." We've seen it in the past with a number of new models, and now it's happening again with one of the Detroit 3's hottest vehicles. A dealership in Roseville, CA, outside of Sacramento, has allegedly attached a staggering $49,995 market value adjustment to a 2015 Corvette Z06. We say allegedly because, despite the evidence uncovered by BoostAddict, John L. Sullivan Chevy's online inventory listing doesn't display the price premium of the Z06 in question, a (normally) $93,965 model with the top-end 3LZ trim. It's unclear if either of the dealer's other Z06s, both 3LZs, one of which is in transit, will receive similar price adjustments. Now, legally, Sullivan Chevy isn't doing anything wrong here. Dealerships are under no obligation to observe a manufacturer's suggested retail price, a point General Motors' spokesperson Ryndee Carney pointed out to Autoblog via email. "For the Corvette Z06, Chevrolet has established a Manufacturer's Suggested Retail Price we feel is right for the market. Actual transaction prices, however, are the province of the dealer," Carney said, adding that a dealer zone manager will be discussing the price hike with the dealership. While we also reached out to the dealership over both the market value adjustment and the price of the Z06 as it appears on the company's website, we've yet to hear back as of this writing. Should they reply to our inquiries, we'll be sure to update you. Until then, we'd like to hear what you think about this case. Is Sullivan Chevy simply pricing the cars as high as it thinks the market can bear, or is this a cash grab for an hotly anticipated product? Have your say in Comments.

2019 Nissan Leaf Plus vs. Chevy Bolt, Hyundai Kona Electric: How they compare on paper

Buying an EV once meant choosing either a reasonably priced model with paltry range and weak power, or a massively expensive one with a decent range. But today we have not one, but three options with reasonable prices and healthy ranges of over 200 miles. The latest of which is the 2019 Nissan Leaf Plus, which brings a bigger battery and a more powerful motor over its entry-level counterpart. The question is, how does it stack up with the defending entries in this segment, the 2019 Chevy Bolt EV and Hyundai Kona Electric? To get an idea, we've gathered up the specifications of each electric hatchback for comparison. We'll take a look at power, torque, electric range, charging options, interior space and the all-important pricing and incentives. You can see the raw numbers in the chart below, and additional insights in the text beyond that. If you'd like to compare these cars with other vehicles, be sure to check out our comparison tools. Range and power No matter how much electric cars improve their overall range, range anxiety is going to be an issue for a while, meaning every mile counts. The Kona Electric is the hands-down winner, managing 258 miles from its 64-kWh battery. Next is the Chevy Bolt EV at 238 miles from the group's smallest 60-kWh battery, followed by the Leaf Plus with 226 miles from a 62-kWh battery. For those who want to get really deep into energy usage, the Bolt EV and the Kona Electric have the same EPA rating for energy consumption of 28 kWh per 100 miles, meaning they're equally efficient. This is particularly impressive for the Kona, since it weighs nearly 300 pounds more than the Bolt. Something else to consider with these electric cars are charging options. All three have 120-volt level 1 and 240-volt level 2 charging capability standard, but only the Leaf Plus and Kona Electric give you DC fast charging capability for free. To get it on the Bolt EV, you'll spend an extra $750. Speaking from experience, you'll want DC fast charging if you plan on doing any long trips. 2019 Nissan LEAF e+ View 26 Photos As for the motors propelling these EVs, there's very little difference. The Bolt and Kona are neck-and-neck with 200 and 201 horsepower respectively. The Leaf has a few more horses at 216. In the torque department, the Leaf is last with 250 pound-feet, and the Bolt is just ahead at 266. The Kona is a serious twister with 290 pound-feet.

Next-gen Chevy Volt will get 1.5-liter, four-cylinder engine

As General Motors gets ready to unveil the new Chevy Volt at the Detroit Auto Show in January, it's starting to reveal a few more details about the updated plug-in hybrid. Today should be fruitful on that front, thanks to an event GM is hosting today that focuses on the new Volt, and we've just had the first bit of new: a bigger engine is coming. Since the beginning, the Volt has used a 1.4-liter, four-cylinder engine as a range extender when the battery runs dry. The second-generation model will instead get a slightly larger 1.5-liter, four-cylinder engine that will be built in Flint, MI. That's a step up from the various engines that have been a part of the 2016 Volt's rumored mills, everything from a 1.0-liter or 1.2-liter three-cylinder to a 2.0-liter turbo. The confirmation about the new 1.5-liter powerplant was found in Automotive News, where we also heard again that GM is going to start building the new Volt's electric drive unit in Detroit, moving production up from Mexico. We will have more information on the 2016 Chevy Volt later today.