Detail Info for: Chevrolet : Volt Cyber Gray 2011 Chevy Volt Plug-In Hybrid New: Deposit Rights

Transaction Info
Sold On:
01/09/2011
Price:
$ 1925.00
Condition:
New
Mileage:
40
Location:
Gaithersburg, MD,
Seller Type:
Dealer
Vehicle Specification
Year Make Model:
2011 Chevrolet Volt
Submodel Body Type:
Cyber Gray Sedan
Engine:
4 - Cyl.
Transmission:
Automatic
VIN:
1G1RC6E49BU100650
Vehicle Title:
Drive Train:
Fuel Type:
Hybrid-electric
Standard Equipment:
Optional Equipment:
Vehicle Detail
Please note: I am selling the rights from my deposit to buy this car new from the dealer for ($41,000 + tax, title, registration) rather than the car itself. The car just arrived at the dealership and is ready for pick-up. The car is being sold by the dealer. I am selling the rights from my deposit, and the dealer has agreed to cooperate with the end buyer. Detail on why I'm selling the rights to the deposit and payment terms is provided below.... Since the car is already at the dealership, I am making the duration on this auction short. Details on the car: It is Cyber Gray with premium cloth bucket seats and a Bose sound system. It also has a built-in navigation system. Like all Chevrolet Volts, it is a plug-in hybrid electric vehicle. The EPA estimates that this car gets the equivalent of 93 miles per gallon--way better than a Prius. The car also comes with a $7,500 federal tax credit. Here is the background: My company put a deposit down for this vehicle and several others months ago. However, the company is not growing as quickly as planned, and we no longer need this vehicle. The dealer is flexible and has agreed to let someone take our place and get the benefit of the deposit. you can put a deposit down with the dealer in our place and buy the car for MSRP. Structuring the transaction in this way allows you to get the $7,500 tax credit that comes with the car (whereas if we took title and then re-sold the car, you would not get the tax credit.) If you have excellent credit, you can finance or lease the car through the dealer. The dealer is based in Gaithersburg, MD. Payment Terms: I am starting the bidding at $125 to cover the eBay costs for a successful sale. If the deposit sells for more than $125, you can pay the balance by making a donation to the Gold Youth Leadership Foundation (www.goldyouthleadership.org) at the same time that you purchase the car from the dealer. Gold Youth Leadership Foundation is a 501(c)3 non-profit organization. This non-profit literally changes the lives of hundreds of talented high school students every year. The donation to the Gold Youth Leadership Foundation will be in your name (not mine or my company's name) so that you can take the deduction for charitable giving and feel good about the donation. The $125 will need to be paid using PayPal. The balance of the purchase price for the deposit rights (i.e., the rest of the winning bid) can be paid with PayPal or check to the Gold Youth Leadership Foundation when you purchase the car. The Gold Youth Leadership Foundation is an organization that is near and dear to my heart. However, if you have another non-profit that benefits young people that you are passionate about, email me before placing your bid and I will let you know if I would be willing to allow you to substitute a different non-profit as the beneficiary of all or some of your bid if you should be the winning bidder. Also, when you buy the car from the dealer, assuming you have excellent credit, you can finance/lease the car through the dealership. Also, the dealer cannot sell to a fleet buyer. So, please no fleet buyers.