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Old 08-16-2009, 01:10 PM   #59
tsg1391
 
Drives: 79 formula 'bird, 5th gen soon
Join Date: Jul 2008
Location: oklahoma
Posts: 247
Quote:
Originally Posted by AngryAmish View Post
Its all relative.

For example, lets say you spend $30 a week on gas. Thats $1560 the Volt saves you a year. Over the life of a 5 year loan, thats $7800.

If the Volt is $40k, minus the 7800 saved on gas and the 7500 tax break, it brings the price of the car to $24700.

And personally, I feel I'm lowballing like crazy saying $30 a week. Most people probably pay closer to $50.
Electricity costs money as well, they said 2.75 per 100 miles, at 11 cents per kwh. You need to factor that in to your equation.
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