Quote:
Originally Posted by AngryAmish
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.
The biggest thing is being responsible enough to apply the money saved on gas to paying off the car. As long as you can do that, I feel the Volt is the best option in its class.
The biggest problem really is finding a way for people in apt housing to charge the car. But that might allready be solved. Don't forget the money that was set aside to create green jobs. Designated parking and parking meter-like charging stations that were wired into each separate housing unit would take care of that.
Cities like NYC pose the biggest problem...but how many people living in NYC really own a car anyway? |
You're forgetting about the cost of a new battery after ten years as well.. Yes, the price of the batteries should be less in ten years, however it is still a major cost once it is depleted to where you are no longer getting 40 miles on a single charge but 15 for example. And since the Volt runs off the battery, if it isn't working at 100%, will the car stutter or run slower? I'm sure we'll find all this out in a few years after the Volt is released but it is something to think about.