Quote from Sandybestdog:
No, I'm just somebody who likes my car and don't appreciate when others spread lies about it, especially when they don't know what they are talking about. As previously mentioned, I am a Chevy salesman. I sell Volt's, but they make up a small (though increasing) portion of my total sales. I am not here on behalf of GM. I don't work for them. The opinions I express are mine alone.
For the last time, I received an email saying a post had been made to an earlier thread (I'm sure the moderators will fix the problem). I decided to search to see if any others had come up in the past few months and that's how I found this. I don't come to ET much anymore as I am not actively trading right now. As you can see, I have been a member here for 5 years and comment on other threads. I don't comment as much as I read because generally I have more to learn than to contribute.
1)What repairs would be out of warranty? The Volt is covered by a 5yr/100k powertrain and an 8yr/100k battery warranty.Quote from pspr:
SBD, the only things you missed were:
1) Out of warranty repairs. Those repairs on the volt will be much much more expensive. And
2) We were discussing the impact and cost to GM and effect it will have on their profitability. It's and Edsel.
Your compairson of final cost is too close to opt for electric technology. The volt isn't the answer, obviously.
I guess that would be the electonics and everything else.Quote from Sandybestdog:
1)What repairs would be out of warranty? The Volt is covered by a 5yr/100k powertrain and an 8yr/100k battery warranty.
2)Another poster asked for a cost comparison between the Volt and a regular car. The Cruze ECO is as close a comparison that you can get. I was happy to oblige.
Edmunds shows a 5 year 75,000 mile total cost of ownership is $38,587 for the Volt.Quote from Sandybestdog:
2013 Cruze ECO automatic
MSRP: $21,670
Invoice: $21,148 (selling price)
Processing fee $200
Tags $292
Tax (6%) $1280
Total purchase price $22,920
Monthly payment at 3% for 60 months $412
Total payments after 5 years: $24,720
100,000 mile cost of ownership:
Gas: 100,000/EPA estimate of 31 MPG average = 3225 gallons x local price of $3.87 = $12480
Oil change: 19 (every 5,000 miles) *$25 = $475
Tire rotation: 12 (every 7,500 miles) * $25 = $300
Change air filter: 2 * $49 = $98
Onstar for 2.5 years (Volt is free for 3 years, Cruze for 6 months) : $747
Total cost of ownership over 100k miles: $38,820
Approximate trade in value at 100,000 miles: 25%*21,148 = $5,287
Net cost: $33,533
2013 Volt
MSRP: $39,995
Invoice:$39,016 (selling price)
Processing fee $200
Tags $292
Tax (6%-$2000 MD rebate) $353
Total purchase price $39,861
Monthly payment at 0% for 60 months $664
Total payment after 5 years : $39,861-$7500 = $32,361
100,000 mile cost of ownership:
According to Voltstats.net, 71.4% of Volt driving is done on electricity. With the 10% increase for 2013, that should yield an increase to 78.5% (Iâm personally at 86%)
Electricity: 78,500 miles/38 (EPA estimate) miles per charge = 2065 charges * 10.8 KWHRâs per charge = 22,302 KWHRâs used * 8.5 cents per KHWR (my current rate) = $1895
Gas: 21,500/EPA estimate of 37 MPG average = 581 gallons x local price of $4.29 = $2,492
Oil change: 2 (every 24 months) *$25 = $50
Tire rotation: 12 (every 7,500 miles) * $25 = $300
Change air filter: 2 * $49 = $98
Total cost of ownership over 100k miles: $37,196
Approximate trade in value at 100,000 miles: 25%*$31,516 ($39,016 - $7500) = $7,879
Net cost: $29,317
I think it is odd that Edmunds shows the out of pocket cost of repairs to be higher for the Cruze than the volt given the higher technology of the volt.Quote from Lucrum:
Edmunds shows a 5 year 75,000 mile total cost of ownership is $38,587 for the Volt.
Although of course there may some be differences in the calculations.
http://www.edmunds.com/chevrolet/volt/2012/tco.html?style=101388714&zip=30114
The Cruze: $40,471 for 5 years and 75,000 miles
http://www.edmunds.com/chevrolet/cruze/2012/tco.html?style=101390881
The Prius: $37,975 for 5 years 75,000 miles
http://www.edmunds.com/toyota/prius-plug-in/2012/tco.html?style=101384757
Quote from pspr:
I guess that would be the electonics and everything else.
The electronics? You mean the same electronics used in the Cruze, 2013 Malibu, Camaro, Equinox, and Buicks and Cadillacs. You forget who you're dealing with here. I sell this stuff for a living. We have already established the battery components are covered for 8yrs/100k miles. If your concern is the electronics, you shouldn't worry. The bluetooth, nav, OnStar and software is virtually identical to every new car that GM has come out with in the past 3 years. So if it could go wrong on a Volt, it could go wrong on a Cruze, which you don't seem to be worried aboutQuote from pspr:
I think it is odd that Edmunds shows the out of pocket cost of repairs to be higher for the Cruze than the volt given the higher technology of the volt.
See, now we are starting to cross the line into a reasonable discussion. Watch this thread suddenly lose interest.Quote from Lucrum:
Edmunds shows a 5 year 75,000 mile total cost of ownership is $38,587 for the Volt.
Although of course there may some be differences in the calculations.
http://www.edmunds.com/chevrolet/volt/2012/tco.html?style=101388714&zip=30114
The Cruze: $40,471 for 5 years and 75,000 miles
http://www.edmunds.com/chevrolet/cruze/2012/tco.html?style=101390881
The Prius: $37,975 for 5 years 75,000 miles
http://www.edmunds.com/toyota/prius-plug-in/2012/tco.html?style=101384757
Ford Fusion: $44,893