How Much Would You Pay For Better Fuel Efficiency?
A new survey shows $1,000 is the magic number for some drivers -- far less than the price differential for most hybrids.
"You plug the Volt in each night and drive to and from work without using gas."
This depends greatly on where you live and if you have a long commute. I'm still not on board with electric since a lot of power plants are still fueled by coal. So how is that really saving you money or the environment in the long run?
You can't simply look at the extra cost of the Hybrid vs. the high MPG non Hybrid. You also have to take into account the cost of ownership for each of them. Is it going to hold it's value much better if you get the Hybrid? What is the cost for insurance for each? How are they rated for reliability?
If you can find a Hybrid that makes up that initial cost difference at purchase through the above, then it's worth it. You cannot simply say that buying a Focus, for example, is a better deal for you than a Prius because it costs less, you actually have to do some homework or you may save up front but lose big on the tail end.
A recent article here proved that for instance, buying an Explorer because it cost less than a 4Runner was not actually saving you money because the 4Runner had a much lower cost of ownership.
Forget it. I would never drive a gasoline electric anything; if it is not clean diesel, I do not want it. Besides, the Volt (actually it is the Opel Ampera) is an automatic-only vehicle. I would rather walk or bike than drive an automatic ever again. Finally, the Volt is a sedan instead of a station wagon: impractical. Ditch.
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