Opel Ampera Priced at $58,718

Many of the gripes surrounding the Chevy Volt have not been about its range or looks, but about its price, starting at $41,000. Sounds like a lot, until you consider that its European cousin, the Opel Ampera, costs $58,718.

GM announced the official pricing of the Ampera today at €42,900. At today’s exchange rate, that equates to about $58,718, or over $17,000 more than the cost of a Chevy Volt here in America. But why?

Three little words friends; the Value Added Tax, or VAT. This is a tax that is added to a product at every stage of the manufacturing process, eventually driving the cost of things like the Ampera up quite a ways. Without the VAT, the Ampera is priced around $49,000 U.S., a bit closer to the price of the Chevy Volt. Don't expect me to be cheering for a VAT anytime soon.

I do think the Ampera is a better looking car than the Volt, especially the front end. But is it worth an extra $20,000? No thanks.

Source: GM

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