Sources: The Detroit News, The Detroit News
quote: Personally, I think if the Volt was the same cost as its ICE-only counterpart, it would be a great idea.
quote: But please stop asking me to pitch in to pay for your car.
quote: However, spending an extra 15k (or more) on a car to save a few k on gas over several years is idiotic
quote: The Volt is more luxurious than a typical $25k compact, but even in your example, the payback period is 7.5 years, maybe 10 years with the cost of money. Not unreasonable.
quote: It's also a bad economic decision to buy a V8-powered Land Cruiser or to pay $1000 for "silver-buffed wood" on an Infiniti.
quote: Granted, it was cheaper under previous administrations.
quote: stifle exploration
quote: You expect a car with an electric drive and ICE to be the same price as one with just an ICE? That's not realistic.
quote: It's also a bad economic decision to buy a V8-powered Land Cruiser or to pay $1000 for "silver-buffed wood" on an Infiniti. Obviously buying a car is an emotional decision , so its not far to judge the Volt only on it's economic payback period just because it has one.
quote: I'm glad so many other people are willing to take that 50% drop in value in the first several years of owning a new car, though.