Elliot, 9500 miles, $200 for gas and electric combined makes for a very low ownership cost even if Ryan did consider the original 9 gallons of gas to be included in the purchase price. And Ryan said the average mpg is 120 mpg, whereas Voltstats dot net has the median mpg as 180 mpg. Ryan pays around $35 a month for gas and electric and will be paying about $43 a month now that the original tank has been used up. If he was driving an equivalent BMW 3-series he would have used around 80 gallons of gas per month, or around $300 vs. $43. Obviously the Mini cost less to drive but it is a much smaller car. Judging from how long the batteries are looking like they will last, replacement won't happening for the vast majority of Volt owners until after 2024, and since the pack prices are dropping 6-8% a year, it won't be $10,000 for a new/refurb pack at that time. But bottom line, I respect Bill for letting Ryan have his say.
I was paying $2200/year in gas before the Volt. I now pay $330/year. I was looking at high end, $35k cars before settling on the Volt. I paid $32.5K for the Volt, same as the other cars. But the Volt was the only one that allowed me to drive on cheap electricity. The "payback" is instant. I save $8/day in gas.
I was paying $250 a month in gas with a 2000 Chrysler Concorde before replacing it with the 2011 Chevy Volt. I have used 46 gallons of gas since January 2011 driving over 14,250 miles. So, I have bought 37 gallons of gas in 17 months.
As for electricity costs since I qualified for a time-of-use rate having the Volt instead of my original amount-of-use rate, my electricity cost has gone down by $30-50 a month even after charging my Volt at home.
So, I am saving between $280-$300 per month of transportation fuel costs when compared with my Volt's lease payments of $520 a month. This means that for me the total cost of owning/operating my car is less than or equal to my gas costs for my 2000 Chrysler Concorde that the Volt replaced.
Bill, call Ryan back and ask him to explain monthly ownership cost to you again. Maybe you'll get it this time.
ReplyDeleteElliot, 9500 miles, $200 for gas and electric combined makes for a very low ownership cost even if Ryan did consider the original 9 gallons of gas to be included in the purchase price. And Ryan said the average mpg is 120 mpg, whereas Voltstats dot net has the median mpg as 180 mpg.
ReplyDeleteRyan pays around $35 a month for gas and electric and will be paying about $43 a month now that the original tank has been used up. If he was driving an equivalent BMW 3-series he would have used around 80 gallons of gas per month, or around $300 vs. $43. Obviously the Mini cost less to drive but it is a much smaller car.
Judging from how long the batteries are looking like they will last, replacement won't happening for the vast majority of Volt owners until after 2024, and since the pack prices are dropping 6-8% a year, it won't be $10,000 for a new/refurb pack at that time.
But bottom line, I respect Bill for letting Ryan have his say.
I was paying $2200/year in gas before the Volt. I now pay $330/year. I was looking at high end, $35k cars before settling on the Volt. I paid $32.5K for the Volt, same as the other cars. But the Volt was the only one that allowed me to drive on cheap electricity. The "payback" is instant. I save $8/day in gas.
ReplyDeleteI was paying $250 a month in gas with a 2000 Chrysler Concorde before replacing it with the 2011 Chevy Volt. I have used 46 gallons of gas since January 2011 driving over 14,250 miles. So, I have bought 37 gallons of gas in 17 months.
ReplyDeleteAs for electricity costs since I qualified for a time-of-use rate having the Volt instead of my original amount-of-use rate, my electricity cost has gone down by $30-50 a month even after charging my Volt at home.
So, I am saving between $280-$300 per month of transportation fuel costs when compared with my Volt's lease payments of $520 a month. This means that for me the total cost of owning/operating my car is less than or equal to my gas costs for my 2000 Chrysler Concorde that the Volt replaced.