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Originally posted by manbird12000
The stupidity of the whole thing reveals itself when you see that in order to save xx amount of dollars, you have to spend 10 fold.
If I sold you a light bulb that lasts forever and you would never have to change it, that would be a good thing wouldn't it? I spend about $15 bucks a year on light bulbs and roughly $600 dollars in a lifetime, so that would be a great thing to have.
Now, what if the bulb costs $1,000 dollars? Well, that would be more than the amount of money I would have spent on the normal bulbs to begin with!!!!!
Same thing goes for this VOLT car. It only will last about 6 years or so, which will only give you about $6,000 worth of gas savings.............at a price tag of $40,000!!!!!!!!!!!!
Then after the car breaks down you have to buy another 40K car or perhaps a $20k car with normal MPG!!!
It's the most dumb thing I've ever seen revealed in the public eye.
Now, if they produce a car that lasts 50 years then we can talk! But don't price it at $1,000,000 dollars!!!
IMHO they will have to price the VOLT to around $4k for it to make sense to buy. Because $4k for a car that would save me $6k worth of gas IS a savings. But not the other way around.
Originally posted by manbird12000
Exactly, that's why the Prius was an utter joke. It cost about $60k on the market (if you were lucky enough to be next in line), and it only saved people a thousand bucks worth of gas!!!!
It's a scam at the highest degree! This VOLT will most likely break down in 3 years because of the cheap Chinese labor that will go into the components, the replacement parts will no doubt cost an arm and a leg. Charging this piece of novelty junk will cost quite a bit especially if the Cap and Trade get's going which ultimately will get passed down to the consumers.
The smallest cost in a car is the gas that it uses. Therefore, it can never make sense to BUY a car to cut that cost.
That's like buying a whole new house because it has better constructed closet doors.
The sad thing is that most people will be blind to that fact.
Originally posted by OmegaPoint
reply to post by deltaboy
It's a nice looking car. I want one. The savings in gas make it worth it. Any half decent car is going to run you over 20K anyway.
Would look really cool with better rims, a skirt package, and a spoiler, along with a blue-tourquois metalic paintjob, with darkened out tinted windows, and a lightening bolt painted on the center hood..
Originally posted by dariousg
Yes, this is good news that this technology will be released. However, it just pisses me off that they think we are ignorant enough to believe that ALL OF A SUDDEN they can achieve this kind of mileage after bankrupcty and years of saying that this kind of mileage was a decade away.
While most will say that this is a great thing, I say it simply proves that these big business people are criminals.
There is already a thread for this HERE.
Originally posted by CosmicYahtzee
It really is not an incredibly poor investment,
The volt cost 40k, a normal car cost 20k
you save about 400 dollars a year on gas
If you keep the volt for 5 years then the savings on gas will equal 2k
the resell value of the volt will be around 50% of the initial cost after 5 years. Lets just assume the rate of depreciation is the same for both vehicles and the maintenance cost are equal (which they probably arent).
The rough final cost of the volt would be
a normal car would depreciate by the same rate after 5years, no savings on gas.
So a person saves/loses an extra $8,000 but the benefits are that you help the environment and provide funding for a company that is trying do good.
If i could afford it, i would so buy it.
[edit on 11-8-2009 by CosmicYahtzee]
Originally posted by CosmicYahtzeeIf you keep the volt for 5 years then the savings on gas will equal 2k
Originally posted by deltaboy
Now thats awesome. Too bad it cost 40k so I'm not going to buy it at that price, not to mention the technology is still new as well as the vehicle so I rather wait for a few more years when they deal with all the problems it may face, as well as any problems that the people deals with when driving, parking, charging, etc. Even if it does not bode will, at least we can improve this technology which is still a hybrid since it says it has a combustion engine in it.
(visit the link for the full news article)
Originally posted by tothetenthpower
Well I have one on order just waiting for them to ship. I can't wait to set my hands on it and actually test out this new car.
If anything this just shows to me that at least GM is attempting to break out of the big oil mold and provide us with a sustainable car that won't gouche your wallet.
And if you think about it 40K isn't that bad, especially considering what you will save on fuel every year.
Originally posted by Donnie Darko
they've probably had this technology since like the 1980s and just hid it from us.