First my bias, we have a classic MS P85 with 60K in nearly 3 years and I still just sit in it. We recently bought a used Volt to bridge until the M3 comes out for my wife. We probably would have bought the 2016 Volt if it hadn't been limited to a few states. I am speculating that the 2017 Bolt will do very well in some states prior to the M3 full consistent production, say early 2018. It may even reach the 30K limit in that year. However, I see the Bolt being limited by dealer orders to those same states that have a historic history of selling Volt. Basically these are the same states that received the 2016 Volt. I see the Bolt as being attractive to the Volt owners because as a group they are almost obsessive about driving on no gas, a new Volt would be similar in cost and they might feel loyal to Chevy re their Volt experience. Therefore, I expect that the Bolt will cannibalize the 2017 Volt sales. Second, I expect that Bolt will also cannibalize Leaf sales and perhaps to a lesser extent other HEVS and PHEVS with limited electric mileage. However it appears that GM has not designed and priced the Bolt to be a challenge to its ICE lineup. I do not believe that the Bolt will compete against the M3 either in price or performance but it may do well initially with sales less than 30K until M3 production becomes imminent. My bias is obvious but I certainly would not consider a Bolt even at a much lower price than a M3.