Wednesday, March 30, 2011

2011 Chevy Volt First Reviews

The 2011 Chevy Volt has gotten a lot of press as to it being the next big thing in hybrids, fuel efficient, availability, price, is it real?, you name it. So what do those that have actually driven one have to say about it now?

According to Carey Russ of The Auto Channel: "It feels like, and is equipped like, a regular car. There are no discrete gears, so no shifting, much like an internal-combustion or hybrid car with a continuously-variable transmission (CVT)."

What Edmunds Says: The 2011 Chevy Volt plug-in hybrid is arguably the most fuel-efficient car on the market, but it's pricey for what you get.

U.S. News says: "With plenty of test-drives under their belts, reviewers agree that the Volt, which is the 2011 North American Car of the Year, exceeds their expectations."

Of course this car was won car of the Year awards in many places, but everyone says that the price is just way too steep. The Volt’s MSRP is $41,000. You are able to factor in the federal government’s $7,500 plug-in car tax credit, but even after the credit, $33,500. Quite a lot for a mid-sized sedan, even if it is a hybrid with some of th ebest fuel-efficiency on the market.

The biggest issue for most is going to be the cost. If I'm going to buy a hybrid I want to save money on fuel. I'm not really buying it so that I can save the environment,as I don't think this is going to do that anyways. Should I spend $20K on a comparable sedan that costs me an extra $100 in gas? Am I really going to keep a car long enough to foot the bill of the car and achieve gas savings worth it? This is really the only concern I have. I'd rather buy the other car with more HP and pay for the gas with the $200 a month I am saving on my car loan and dump it into some NC short term health insurance so I don't have to get Canadacare.

No comments: