As a 9 month Volt Owner with
As a 9 month Volt Owner with over 10,000 miles behind its wheel, let me tell you how great this car is. Fun to drive! Sports car performance! Corners like it's on rails! Great acceleration! Comfortable. And yes, expensive. But! And it's a big but:
Based on my 17,000 miles a yeat, I was spending about $3,500 a year to gas up my forer ride. With the volt, I will spend about $1,100 between gas and juice. With the $7,500 tax credit bringing the cost, with sales tax and extended warranty, down to $42,000, with $2,300 in savings each year for 6 years, I will save $14,400 (2400 X 6). If It trades out for only $12,000, and it should beat that, my average annual cost will be $2,400 per year. And that is before Oil goes up from te current $99 plus.
The media folks knocking this great car should try driving one for a few weeks!
As production ramps up, as te cost of te battery slides down, the economies of scale will bring the price of Volt-like cars down.
GM finally, after so many mis-steps, has a winner!