Volt plus

cadillac elr side 2

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?

First published December 2, 2013: 6:15 AM ET

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