Posts Tagged ‘volt’

Some Used EVs Offer Better Deals Than Their Gas Counterparts

October 8th, 2015

Used electric cars continue to drop in value. Willing to cut the fuel hose out of your life? It might prove less expensive to buy a used electric vehicle than its gas-powered counterpart.

The CarGurus CarValues page helped me do some research on the Instant Market Value of used electric vehicles and their gas-powered counterparts. It’s a helpful tool that helps you see the true cost of what used cars are selling for in your area in real time. (Your results may vary from mine based on geography and other fluctuations, because Instant Market Value can change as more cars get listed for sale.)

Fiat 500e

Fiat 500e used car photoLet’s look at the Fiat 500e as an example. A 2014 model has an Instant Market Value of $13,445 for a used version with 24,000 miles on it. In this instance, a 2014 Fiat 500 in the Pop trim level will be less expensive at $11,929.

However, as the EPA’s fuel economy site points out, it will cost you $7,000 in average in fuel costs to drive the gas-powered Fiat for 5 years. The 500e has a 5-year energy cost of $2,500. It will take you only about 18 months to make up the difference. That’s probably worth it depending on how long you plan to keep the car.

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Car Minded, Car Shopping, Electric Vehicles, General Chat, Used Cars , , , , , , , ,

Can the Chevrolet Volt Bring EVs into the Mainstream?

January 28th, 2013
2011 Chevrolet Volt

Chevrolet Volt

Sometimes the universe chooses crazy ways to tell us things.

Whether in life, love, or work, sometimes things happen that are just too much to write off as coincidence and can only be described as the work of fate.

In addition to pulling the strings of how and when people meet or opening the door to new potential career paths, it seems the universe has taken an interest in the furtherance of electric cars.

Allow me to explain.

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Car Minded, Car Shopping, Domestic Cars, Electric Vehicles, Gas for your car..., General Chat, Hybrid Cars , , , , , ,

More Volt Sales: Bad News for GM, Good News for Used Shoppers

September 11th, 2012

2012 Chevrolet Volt

You might think that the good people over at General Motors would love to read a news story that begins with this sentence:

General Motors sold a record number of Chevrolet Volt sedans in August.

That’s really good news for the maker of the slow-selling $40,000 electric car, right?

Well, yes, it is, but there’s a huge problem with those increased sales numbers.

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Car Industry News, Car Minded, Car Shopping, Domestic Cars, Electric Vehicles, General Chat, Green Updates, Hybrid Cars , , , , ,

Biggest Product Flops of 2011: FIAT 500 and Chevy Volt?

December 30th, 2011

New Coke was a product flop. Bic disposable underwear was a product flop. I won’t even mention the Ford Edsel.

But the new FIAT 500 and Chevy Volt?

Yahoo! Finance has determined, perhaps as nothing more than a way to generate year-end web traffic, that those two new cars were some of the biggest product flops of 2011, right up there with Qwikster.

Yes, sales have been a disappointment, but calling them flops is a bit unfair and premature. Well, for one car, anyway.

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Car Industry News, Car Minded, Domestic Cars, Electric Vehicles, Foreign Cars, General Chat, Hybrid Cars , , , , , ,