Quote:
Originally Posted by Bullitt
A Malibu starts at $21800 and gets a combined 25 mpg. The numbers I've heard in the past for the Volt is somewhere around $40000. Even if the $7500 tax credit was a rebate, that would bring you down to $32500. That's still $10000 more than a Malibu. With gas at $2.50 a gallon and the Malibu getting 25 mpg, you could drive the Malibu 100,000 miles before any kind of savings would be realized. If fuel savings isn't the objective with an electic car, then what is? Oil dependency? The environment? So basically you're targeting the tree-huggers with the money, and the people with money that need to have the latest and greatest, not the masses. Joe average isn't going to give it a second look for that kind of money and Joe average is who you target to sell in volume. Sure, they'll sell, but not in any amount to mean anything.
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Ditto. My reasoning exactly.
I'm not 100% certain, but Toyota and Honda are essentially breaking even on their hybrids. They're not making bank on these models.
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