Used GM EV1 Electric Car Sold for $465k!?
by Michael Graham Richard, Ottawa, Canada
on 10.23.08

We knew that people were nostalgic about the EV1 (exhibit A: The movie Who Killed the Electric Car?) and that there is a lot of demand for electric cars, but almost half a million for a 13 years old used EV1 that has been in storage for 4 years, that's a lot. Probably some wealthy collector who's speculating on one of the last remaining existing units of this historic vehicle... Read on for more details.

EV1 in British Columbia
The ad for the used EV1 electric car was found in UsedVictoria, a Canadian website. The original reserve price was $75k. Here's the description:
GM EV 1 excellent shape. 142,500 km's. Grandfather prepaid in 1995. Have not taken out of garage in four years. GM still want's the car so I'm looking for car collectors only, depending on the offer. Don't really want to sell it but I am taking offers. And SERIOUS offers only . I'm not letting just anyone come and see her. Please no more email's to take picture's or to "see it in real life" ! thx
It is now listed as "SOLD" for CAD$465,000.
The surprising part is that most people thought that GM had crushed all EV1s except a few that ended up in museums. This car probably is rare enough to be worth half a million bucks... And that's sad.
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If I was a multi-millionaire, I'd buy it. Will only increase in value, and it's probably a fun car.
Mini has made an electric car, and it looks much better than this.
Also it costs like $50k, not $450k, lol
I thought that GM leased all of the EV1s. Were there different rules in BC? He said that "GM still wants the car." Is it really his to sell? Could it be that the lease ended and GM didn't know where to find it?
Half a million is a steal; this car will only raise in value because it is so well known as the car that got crushed by big oil (among other things). According to Who Killed the Electric Car; one of the few left EV-1s was in a basement of a car museum, with all the key components removed.
Now we have the Volt; well, GM, you're about 15 years too late. Smaller companies have already started to take the industry, and will continue to grow as your stocks plummet.
Methinks GM lawyers are gonna be making a call. He should have kept it low profile, like art thieves do.
People should have filed stolen car police reports on them and socked them away somewhere.
Maybe no one know what GM was going to do with them?
I can't remember how it went in the movie.
vsk
"People should have filed stolen car police reports on them and socked them away somewhere."
Most people with the good paying jobs to afford the leases wouldn't risk their jobs on a felony insurance fraud.
I think there is a striped down EV1 at the Nethercutt museum. It was kind of sad ;T
http://nethercuttcollection.org/
sad indeed...
Well I wonder if there is a statute of limitations or maybe under laches they would not be able to recover the vehicle?
It would (again) be terrible publicity if GM were take this little car back -- to destroy. Does GM need any MORE such bad press at this most tenuous point in its history? Talk about stupid.
I came across a little oval-shaped EV1 brochure that I had saved years and years ago from the auto show. I had totally forgotten about it. I wonder if the brochure is worth anything. The dashboard on this car is very cool, it has more idiot lights than an Apollo capsule. Such an amazing car. -- And such a sin for what they ended up doing to it!
Oh well, lets build SUVs and leave the toys to Toyota.....
Yes, there are EV1s on display at the Petersen Automotive Museum in Los Angeles and the Towe Auto Museum in Sacramento. They were permanently disabled by GM prior to being put on display.
I'm a car lover, I love all cars I hate GM for killing this poor car. I've hoped and prayed that one got a way thankfully one did. GM I know you already made a call to your suits so you can kill this car DON'T let it live, drive, and do what cars are supposed to do, not sit in a museum, do you really want more bad press. Yes I am a current GM owner I have a Cavalier (another car I hate you for killing) the name had strength in numbers with regular redesigns like you give your SUV's and a lot more equipment you could have had your own Civic. Another old GM car I love is the Cadillac Cimarron that car had 100 x more Cadillac in it then the original Escalade (it only had badges!) yet you rather build it and look now it don't sell! I also want to say I do believe GM is savable without GM there is no American auto industry just needs work and the quality has been getting better all the time(to bad no name heritage just letters)
There's a running EV1 parked in the back of the Mechanical Engineering building at Virginia Tech. Dopey little teal-colored thing.
Mao's revenge, - a self-regenerating army of country girls in their prime, manning Chinese factories for 55 cents an hour, and working 12 hour shifts, 7 days a week, poop in floor slot toilets, sleep on 3'x6' mats on the floor in the factory, eat at the in-factory cafeteria, wear company uniforms 24 hours a day, color coded to indicate their departments, return to the peasant farms whence they came when burned out, pensionless and, no economic burden to anyone, die an early and convenient death! and have been taught by General Motors U.S. how to build Buick LeSabres and a Chevette like car called the Cherry! They will take a job from your neighborhood soon! They have no cost to commute either! - the world is a changing place, and not all for the good - the neo cons and Uber-rich stock holders of America are tired of your (very expensive) sort, and prefer her (very cheap) sort! as far as they are concerned, don't you kiss your sad ass goodbye, just f##k off and die! P.S. The Chinese country girls will soon learn to build Electric cars in need be! So watch the Walmart ads for latest updates - rumored cars will go for $6000.00 a copy!
Good bye GM. You can take your stiff attitude with you. When you crushed the EV-1 you crushed any hope of survival. The electric car will be here soon and thanks to you America will not have the technology. You have forced us to import it. You could have had it all but you decided to crush it. Now you have to play catch up and it will be expensive. You let us all down in a time when you could have been the leader in electric car technology and a hero. I hope your Volt is a success and you turn things around but I think you are a little late to be taken seriously.