kokonut
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- Joined
- Jul 9, 2006
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Yes, I say it's a lemon because it only has a 40 mile range on electrical charge only even though the engine is a hybrid of gasoline and electricity. It's a lemon that Obama loves. He needs to take remedial math again.
Would you want to buy it for $41,000? Which is more than the per capita income of $39,138 (BBER-UNM: United States: Per Capita Personal Income ). And if you do buy it you get a $7,500 tax credit where it comes from taxpayers, of course.
Lets do some math:
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas is $2.45/gallon in Oklahoma City assuming this price will remain the same throughout the next 20 years which we know it won't but will go up instead. But let's assume this price stays frozen for the sake of this argument of mine.
The difference in price between the two cars would buy 8,571.43 gallons of gas at today's gasoline price in Oklahoma City. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Let's assume driver drives an average of 12,000 miles a year, you only drive the Volt on the 40 mile range of it’s battery, using no gas, let's say for short trips and such that would make sense, you’d have to own the Volt for a little over 20 years in order to make up the price difference in gas savings.
Who will be the first idiot to buy that car?
You? Do you really want to buy this car? Why?
Not me. I'd get more value buying a good used non-hybrid car and save even more money and more value out of it.
And before you start spouting on what a great idea this Volt car is (heavily government subsidized) I'd suggest you buy the Volt first before you open your mouth.
Would you want to buy it for $41,000? Which is more than the per capita income of $39,138 (BBER-UNM: United States: Per Capita Personal Income ). And if you do buy it you get a $7,500 tax credit where it comes from taxpayers, of course.
Lets do some math:
Chevy Volt: $41,000 (True Cost)
Honda Civic: $20,000 (Average build)
Difference: $21,000
Gas is $2.45/gallon in Oklahoma City assuming this price will remain the same throughout the next 20 years which we know it won't but will go up instead. But let's assume this price stays frozen for the sake of this argument of mine.
The difference in price between the two cars would buy 8,571.43 gallons of gas at today's gasoline price in Oklahoma City. The Civic gets an average of 29 miles to the gallon. That’s 248,581.47 miles on the price difference.
Let's assume driver drives an average of 12,000 miles a year, you only drive the Volt on the 40 mile range of it’s battery, using no gas, let's say for short trips and such that would make sense, you’d have to own the Volt for a little over 20 years in order to make up the price difference in gas savings.
Who will be the first idiot to buy that car?
You? Do you really want to buy this car? Why?
Not me. I'd get more value buying a good used non-hybrid car and save even more money and more value out of it.
And before you start spouting on what a great idea this Volt car is (heavily government subsidized) I'd suggest you buy the Volt first before you open your mouth.
