Dune said:
WES999 said:
I remember reading an article in a car mag some years ago when the first hybrids came out.
Basically it came the the conclusion you would have to drive it for 17 years to make up for the increased price. Probably not all that much has changed. It seems that with a hybrid you are paying twice as much for a 20-25 mpg improvement. Unless I am missing something I don't see how makes sense to purchase one.
To be clear the Volt is not a hybrid. It is a plug in electric with an on board generator. A hybrid uses both electric and gas motors for propulsion. The distinction is important.
In the case of the Volt, one in the right circumstances could easily never buy gas. Not so with the hybrid, and unlike an all electric car such as the Leaf, the Volt never needs to stop to recharge, if traveling long distances is the order of the day. It took me almost a year to come to grips with how really well this car was designed.
Nice tidbit; the Volt can be set up to preheat the cab while charging in cold weather.
I realize the Volt is not quite the same as a hybrid, but my understanding is that the IC engine does drive the wheels in certain modes.
But my real point is cost benefit.
Say you drive 50 mi/day 12500 mi/yr
Volt $40,000+ , never buy gas
Honda Fit $15,000 gets 35 MPG, annual fuel cost 1250/yr
It would take 20 years makeup the $25K difference in price.
Now throw in the cost of electricity, the increased cost of sales tax, excise tax, insurance.
I can't see how it would ever make economic sense.