The biggest question about the new Cadillac ELR -- essentially a Cadillac with the Chevrolet Volt's guts -- has to be the price. In case you missed it, the sticker starts at $76,000.
That's a lot of money for a little Cadillac. I had to remind myself that the Chevrolet Volt's $40,000 price tag, when that car first came out, seemed absurd, too. That was until I'd driven a Volt. Then it became clear that given the car's features, driving quality and that little $7,500 federal tax credit, the Volt was well worth its cost.
Since then, the Volt's opening price has dropped to $34,000. That just makes the Cadillac ELR's price -- more than double that -- seem even more absurd. What could GM's designers and engineers possibly have done to justify the cost?