Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Agreed, especially when the Volt is built by a company, partially owned by the taxpayers, pays no taxes, is heavily subsidized by the taxpayers, and customers are paid $7,500 by the taxpayers, for each Volt they buy.
What he drove before is irrelevant because he's buying a new vehicle. You need to compare this purchase to a similar new vehicle. If you were going to walk into a delership to buy a Volt are you going to compare it to what you're driving now or similar sized vehicles?
He is saving $350 per month compared to what he used to spend. I am sorry if you find it hard to accept. If someone is thinking about making such switch, they will want to know how much they would save compared to what they spend today. I drive a 10 yr old SUV which I bought with cash, so it is a so called "free ride", except that I also spend over $30 000 in gas compared to what I would spend if I had a Volt.
Personally I need an SUV, but a friend of mine has a Volt and he buys 2 gallons of gas per month. That saves him about $350 per month compared to what he used to spend in gas.
Your friend drives how many miles a month/ year? 8years/100,000 miles.
Using a comparable car. Honda civic hybrid. 40mpg.
how does it shake out.
Using average of 12,000 miles per year.
Honda= 44 mpg=272 gal per year @3.80 per gal= $1033.00 per year The cost of the civic up front= starts at $24,200
Volt= $1.60 for charging per day. (Chevy web site)=$584 per year + the alleged $91.20 per year in gas= $675.00 per year.
Please explain how the Volt achieves a #4350.00 per month savings?
Savings against what? A Hummer H1?
If someone is thinking about making such switch, they will want to know how much they would save compared to what they spend today.
.....on a similar vehicle. Why would I not compare apples to apples for a new purchase? For example I could buy a Corrola for $16K and drive 250K mile with it before I've spent the same the Volt costs which is never going to achieve 250K without a $9K investment in a new battery.
He is saving $350 per month compared to what he used to spend. I am sorry if you find it hard to accept. If someone is thinking about making such switch, they will want to know how much they would save compared to what they spend today. I drive a 10 yr old SUV which I bought with cash, so it is a so called "free ride", except that I also spend over $30 000 in gas compared to what I would spend if I had a Volt.
Well some might. Or they would do a cost comparrison against what else is available. Then compare to what they spend today v.s each of the competition. The Volt begins at 7g more than a Honda civic Hybrid. At an average savings of 358 dollars a year compared to the honda it will take 19.55 years to break even. That is assuming that the chevy web site is accurate on the $1.65 cents a day charging costs. Depending where you live that can cost even more.
Once again the Volt is an expensive under performing piece of pork legeslation. That monthly cost also does not factor in the cost to the tax payer.
.....on a similar vehicle. Why would I not compare apples to apples for a new purchase? For example I could buy a Corrola for $16K and drive 250K mile with it before I've spent the same the Volt costs which is never going to achieve 250K without a $9K investment in a new battery.
Well most of us would do that.. That is unless we were trying to make a point based on very biased and less than accurate data.
He bought the Volt, and it shook out at $350 per month in savings.
Once again based on what? I have demonstrated that it would take 19.55 years for the Volt to break even with the much less expensive Honda civic hybrid.
It can be even worse if we compare the volt to a standard Honda civic. At $15,000 cheaper than the volt.
based on an average of 33 mpg divided yy 12,000 miles per year. 363 gal @3.80 per gal= $1381.00 per year. It will take 21 years for the Volt to break even with the Honda civic and that does not count the battery change required in the volt. In short the Volt will never break even.
I am sure he did that, and ended up buying the Volt, and saving $350 per month. That's also whay I would save if I bought one.
Then either your friend sucks at math or is lacking in common sense or is lying to justify the first 2 reasons. It is utterly impossible for the volt to come out on top.
Dont take my word for it. Do some research and do your own math.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.