24 Feb '12, 3pm

Truth-Telling Snopes Site Goes To Bat Over Chevy Volt E-Mail

While those emails are inaccurate in their details, they may be closer to the truth than the costs estimated here, which must be very inaccurate, as they ignore battery replacement and initial purchase cost. Last time I heard anything, GM personnel were claiming that the Volt battery pack cost roughly $14,000, which has to be close to correct, considering the high cost of the vehicle. The battery will likely last 8 years, making the battery replacement costs roughly $1750 per year, plus the cost of installation. Cost of ownership must also include the initial cost of the vehicle, which I estimate to be roughly $25,000 more than an equivalent gas powered econobox. I can't accept arguments claiming the Volt a cheap way to go. It ain't.

Full article: http://www.greencarreports.com/news/1073374_truth-telling...

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