Living with a Chevrolet Volt

Discussion in 'The Garage' started by martinjlm, Nov 17, 2012.

  1. martinjlm
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    martinjlm Member

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    When we took delivery of my wife's 2012 Chevrolet Volt back in March, I figured we'd be putting gas in it every 6 weeks or so.

    Now, here we are 8-1/2 months and 8,930 miles later and I'm refueling it for the first time. Spent $24.50 for 6.6 gallons of premium (tank is 9.3 gallons, so there was still about 2.7 gallons left)

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    When I did my first calculations to see whether it made more sense to lease the Volt or go with our second or third choice vehicles (2012 Chevrolet Equinox or 2013 Chevrolet Malibu) I factored in the idea that the first 35 miles would be electrically driven, then I added in gas driven miles. What I did not factor in is that since most of my wife's trips are less than 20 miles, she would be returning home and plugging back in, so by the time she needed to make another trip, she would be back at or near a full charge.

    As a result, she often went weeks without burning any gas. So our total energy cost for the car are $344.50 for 8+ months. That's $320 in electricity cost (we have a flat $40/mo deal with DTE Energy) + $24.50 in gas. That amounts to 3.86 cents per mile driven.
     
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  2. Truthmatters
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    Truthmatters BANNED

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    very cool
     
  3. percysunshine
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    percysunshine Gold Member

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    How did you calculate the electric bill apportioned to the car and not the house? I am going to call BS on the $320 over 8 1/2 months. Nobodies electricity is that cheap.
     
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  4. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    2013 MSRP on a Volt is just shy of $40,000 but it costs GM 60-70,000 to build, Thank you Gov't subsidy!. Contrast that with my Wife's Toyota Yaris which was $14,000 and gets an average of 38-40 MPG (44 on one stretch).

    How many years would it take to make up $26,000 in gas savings to justify the initial expense?
     
  5. percysunshine
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    percysunshine Gold Member

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    It will catch fire first...
     
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  6. PoliticalChic
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    PoliticalChic Diamond Member

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    1. Based on energy use, the Volt has been averaging close to 2 miles per kilowatt-hour, which, according to the EPA, is the equivalent of 65 mpg. But that’s for the first 25 miles or so, on battery alone.

    2. GM says recharge times are about 4 hours with a 240-volt supply, and 10 to 12 hours with 120 volts. Our Volt has been taking almost 13 kWh in about 5 hours every time we charge. Volt buyers should purchase a 220-volt (Level 2) charger.

    a. At the national average rate of 11 cents per kWh, the Volt costs about 5.7 cents per mile in electric mode and 10 cents a mile after that- if gas is $3 per gallon.

    b. A Toyota Prius costs 6.8 cents per mile, and a gas powered Honda Fit costs about 10 cents per mile (but the price is less than half of that of the Volt).

    3. In the Northeast, electricity cost is a lot higher. For example:
    Sep. 22, 2010: ($0.27 per kWh)
    Aug. 23, 2010: ($0.24 per kWh)
    Jul. 23, 2010: ($0.29 per kWh)
    Jun. 23, 2010: ($0.28 per kWh)
    May 24, 2010: ($0.41 per kWh)
    Apr. 23, 2010: ($0.87 per kWh)
    W303 » New York City Electricity – Con Edison Kwh Charge History


    4.So, the Volt works as an electric car with a gas backup….but it is not much of a money saver in many places. For now, the Volt is an expensive way to be green.
     
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  7. martinjlm
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    martinjlm Member

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    I'll see your BS and raise you the 2nd separate meter installed by DTE Energy to monitor the 240V ChargePoint station that is installed in my garage.

    Follow this link ---> DTE Energy - Plug-In Electric Vehicle Rates
     
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  8. martinjlm
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    martinjlm Member

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    So you were NOT paying attention over the past several months when every reputable news outlet debunked the accounting assumptions the author of the report used? There are SEVERAL threads on USBM that tracked that. Should be easy for you to find.
     
  9. martinjlm
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    martinjlm Member

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    That is true if the vehicle is PURCHASED. We are LEASING the vehicle for 36 months. With our down-payment, my original estimate of electricity costs (higher than actual), and my original estimate of fuel costs (way higher than actual), the Volt was still a financially better move than leasing an Equinox or a Malibu at that time.

    Since then, the lease rates for Volt have dropped another $100/month, so it would REALLY be a better deal for us.
     
  10. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Pay no mind. She is Conservative and the only posts they accept is.....The Volt must FAIL
     
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