Kelley Blue Book Says 2012 Chevy Volt is Cheaper to Own Than Nissan LEAF
Kelley Blue Book Says 2012 Chevy Volt is Cheaper to Own Than Nissan LEAF
Kelley Blue Book Says 2012 Chevy Volt is Cheaper to Own Than Nissan LEAF
The 2012 Chevrolet Volt costs a lofty $39,995, but according to Kelley Blue Book (KBB), it’s still the 2012 Total Cost of Ownership award winner in the Electric Car category.
2012-Volt-019
Despite its lower price tag, at $35,200 for the base-level SV trim, the 2012 Nissan LEAF was trumped by the Chevy Volt in KBB inaugural cost of ownership analysis. According to KBB, the 2012 Volt’s expected five-year ownerships costs ring in at $40,629, compared to $42,089 for the 2012 LEAF.
“Notable wins include the Chevrolet Volt, which was neck and neck with the Nissan LEAF. The Volt’s slightly lower maintenance and insurance costs gives it the competitive advantage, making it the 2012 Total Cost of Ownership Award winner in the Electric Car category. The Chevrolet Volt has a five-year ownership cost expected to total $40,629, while the Nissan LEAF’s five-year expected total is $42,089 with all key costs to own a vehicle considered.” - Kelley Blue Book
KBB didn’t disclose exact details on how it calculated ownership costs, including how it determined what percentage of the Volt’s miles were powered by electricity. Without this vital info, it’s difficult to assess the legitimacy and context for KBB’s results.
It will be interesting to note how other future pure electric cars introduced into the market stack up against upcoming plug-in hybrids in future KBB cost-of-ownership studies.
Read More / Source : Plug In Cars
CFC Clean Fuel Connection is leading the charge in alternative fuels with strong support in the electric vehicle and compressed natural gas industries. We have been consulting, installing and distributing ev chargers since 1999 for cities, businesses and home owners. We are also a leader in CNG products, installation and consulting. We are the exclusive dealer of Galileo natural gas products in the United States. For more information on our services please visit the Clean Fuel Connection website.
7 Cool Electric Cars Jun 14, 2010
Solar Energy vs. Nuclear Power Mar 28, 2011
South Coast Plaza Intalls EV Chargers Jan 11, 2011
7 Cool Electric Cars Jun 14, 2010
Solar Energy vs. Nuclear Power Mar 28, 2011
South Coast Plaza Intalls EV Chargers Jan 11, 2011
Fattmerris Feb 20 2012 - 9:31 am
It’s not possible for the Volt to have a lower cost of ownership than the LEAF. KBB’s major flaw in their calculation was that the insurance on the LEAF was $4000 more than the Volt over 5 years. That is completely incorrect. I own a LEAF and have State Farm full coverage insurance which costs me $80 per month. That’s $4800 over 5 years. It’s the same rate I would pay if it was a Volt or Ford Explorer. KBB failed miserably on this. Second, KBB said the maintenance costs of the Volt is less than the LEAF over 5 years. Again, way off. The LEAF only requires a tire rotation every 7500 miles. That’s it! The Volt has a gasoline engine and all the maintenance that comes with it (Oil Change, Transmission fluid, fuel filter, radiator flush, belts, etc…). Unfortunately Time Magazine took the KBB numbers and published an article in the Feb 6th issue about cost of ownership. KBB owes Nissan an apology and a full disclosure of their calculations.
Chris Mar 2 2012 - 12:03 pm
your an idiot, do your research, the volt has a generator engine to recharge the battery as your driving, no Transmission fluid, radiator flush, belts, etc and you change the oil every 2 years and the first one is free thru chevy, spreading these lies is what keeps americans from prospering, IDIOT