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Thats funny both articles were published on the same day. GM says they are losing money. They've only sold 21K of the things according to the reuters article. They just aren't selling. Why doesn't matter but it is a failure up to this point. All to be green.
So using your approx math if one does their due diligence and drives 20 miles a day and charges it every night you would save around a grand a year. That is 8K dollars one would save in the 8 year warranty on the thing. Now I still come out ahead buying a brand new whatever for 20K or so. Or I make out like a bandit buying a used SUV.
No, you get 40 miles per charge, not 20 (and 75% of American's drive less than 40 miles per day).
Savings depends on a lot of things - the gas mileage of the car you're replacing or would otherwise be driving, the ratio of electricity / gas price where you live, your driving pattern.
Most Volt drives save a couple thousand a year on fuel costs.
Thats funny both articles were published on the same day. GM says they are losing money. They've only sold 21K of the things according to the reuters article. They just aren't selling. Why doesn't matter but it is a failure up to this point. All to be green.
I'm not arguing whether the Volt is making or losing money for GM (although it does seem rather preposterous that they'd be losing 49K per car). I'm also not arguing anything about their sales numbers (although they're picking up - just passing 30K in the US).
I'm just saying, from my and my parents experience, it's a fantastic car. It costs next to nothing to fuel, it's comfortable, and it drives great. And for $23,500 after tax credits, it's a damn good deal. Would my parents have paid sticker ($40,000) for it - no.
I'm not arguing whether the Volt is making or losing money for GM (although it does seem rather preposterous that they'd be losing 49K per car). I'm also not arguing anything about their sales numbers (although they're picking up - just passing 30K in the US).
I'm just saying, from my and my parents experience, it's a fantastic car. It costs next to nothing to fuel, it's comfortable, and it drives great. And for $23,500 after tax credits, it's a damn good deal. Would my parents have paid sticker ($40,000) for it - no.
It may be a great car for all I know and if your parents say it is I believe em. I'm just saying it's a waste of taxpayer money and GM is in the tank right now for it and will be looking for another bailout if they continue to put out products that don't sell.
It's a great car. I think the last time we put gas in my husband's was last spring when we drove it to Savannah. It gets 40 mpg highway just on gas-electric hybrid and my husband gets free charging at work so unless we take a long trip he never uses it in anything but all-electric mode.
Somebody has to buy plug-in hybrids and EVs just so manufacturers will begin to find ways to make them more affordable.
It's not like there's an unlimited supply of oil.
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It may be a great car for all I know and if your parents say it is I believe em. I'm just saying it's a waste of taxpayer money and GM is in the tank right now for it and will be looking for another bailout if they continue to put out products that don't sell.
Is GM floundering and in the tank? 2011 was their most profitable year ever.
But not based o the Volt. Recent sales shows GM laggig behind other makers even Ford. The Volt has limited appeal obviousy and production has been a success by any measure. Certainyl not a good deal overall for government with the subsidy it requires to even make sales at low numbers.
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