RV Fuel Issues & Prices - Post 'Em Here!

Bumpyroad wrote:

tomman58 wrote:


Wrong again! My 2yr lease on the Volt is 177 a month with 2500 down stroke. Figuring the difference in the cost of our old car (20mpg) subtract that from the lease and it costs me $900.00 a year to own. go re-figure!
Don't worry about wind as those farms are growing in the US tremendously. The "grids" are being improved to take care of the "new" energy coming on them. The worst thing about the subsidy was Texas using it to buy windmills from China, real American that!.

With all the refinery fires this week we should see much higher gas prices for a while.

when you turn in your leased vehicle, if it is not worth what they anticipated it would be when you got your lease, will you not owe more money? I thought that was how leases work. When these vehicles are getting a few years on them and a $10,000 battery bill is on the horizon, what will the hulk be worth? A while back the paper had a comparison of cost of a gas vs hybrid car, I think it was a honda civic or some such, and it took 7-10 years for the hybrid to break even.
bumpy

You are missing the concept of a lease! I will owe nothing and own nothing at the end of the lease! I would've bought the car but one doesn't know (as you said) what the resale is going to be as there is no track record. as for battery replacement after about 10 years. There is a plan for the utilities to purchase the batteries for about 40% of the replacement costs, this we will have to see how it plays out also.
I just filled up my Chevy Dmax cost over 50 bucks egh.

I do like the idea of just plugging in for as much as we drive in a day.
Oh the other thing, my nephew a very intelligent EE and working on new and improved batteries has said that the electrics are here to stay and the new batteries are very good. In 2 years I will turn in this car and hopefully a new and improved one will be waiting.
Of course the same holds true with my Diesel I will be wanting a new one in 2 years and I really hope GM has something good that gets better millage and is as great as the present Dmax!

Heck in 2 years the price of gas could be $4.50.