
Originally Posted by
michealb
Of course now that gas is down to $1.92 a gallon who is going to buy it for the projected 40 thousand dollar price tag?
I paid $1.83 the other day here in South Texas; besides, back in 2005 I bought myself a Toyota Echo Hatchback (think Yaris) and get anywhere from 30 to 40 miles per gallon. I have an 11 gallon tank, you do the math, it's not affecting me all that much. However with the price low again I can now take our second vehicle out for a longer drive, it's a gas guzzler SUV.
Gas will continue to go up, in 7 years time (economic ups and downs tend to occur in 7 year cycles); gas will likely be $8 per gallon. So if you are making a new purchase, think ahead.
As long as the electricity they add to the grid isn't oil based (hydro, nuclear, clean coal, wind, etc.) I would think that it will be a better deal to charge up the Volt than run your car on gas.
Oh, and good point michaelB; there is so much capacity in the non-peak hours that it shouldn't be a problem charging the new cars.