UPDATE: Make That $41,000 For A Single Volt

But that includes delivery charges.

(Cue crickets)

Chevy says it can make the argument that unlike the purely electric Nissan Leaf, which starts below $33,000 before tax credits, the plug-in hybrid Volt is a "real" car. And GM's working some math magic to make lease payments competitive with the Leaf despite the sticker spread.

Full details from The Detroit News.

And full credit to Edward Neidemeyer over at The Truth About Cars , who got past the price tag, hauled out the spec sheet and found the Volt's range extender (what you and I might quaintly call a "gasoline engine") requires.....

Premium fuel.

40,000 Volts Is Quite A Shock. So's One Volt For $40,000

That's the price General Motors has arrived at for its 2011 electric Chevrolet Volt, according to Automotive News (free subscription required).

The announcement comes tomorrow, and the blow will be softened somewhat by a $7,500 tax credit...but, still...$40,000? A chunk above now-retired GM product guy Bob Lutz' prediction of "the upper 20s"...and significantly higher than the Nissan Leaf's $32.780 before tax credits.

Would you? And if not you, then who?