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Conversion Table
Miles Per Gallon (U.S.)230.00
Kilometer Per Liter 97.78
MPG (U.K. gallons) 276.23
Miles Per Gallon (U.S.)230.00
Kilometer Per Liter 97.78
MPG (U.K. gallons) 276.23
A new hybrid vehicle (the Chevy Volt) is said to go an unbelievable 230 MPG . This beats the current hybrids which go about 50MPG and your standard car which goes between 10-30MPG.
This vehicle is said to be released 2010 and Est. of about 40,000USD.
I had been doing some research on this car and many people are spreading false rumors about this. The facts are based on Manufacturer details so they are not fully tested.
The Battery can be charged by a power outlet at night and can drive the car about 40 Miles (64.37376) on battery alone before it needs recharging or before it consumes gas (petrol). How it works is that the car will use the battery up before it consumes the gas. Theoretically you can travel locally without have to buy gas.
Now some people has been saying that it isn't worth the money you save because you are investing and extra 20K (USD) into this car. Let me do the math (there are many variables which give too many different answers. So this calculation is based on the average American using and American car:
Assume 20MPG
12,000 Annual Miles @ the current rate of 2.5USD/Gallon.
(annual miles are based on the lesser average in the US)
Based on the above details, your total average cost of gas annually comes out to 1500USD.
An American car will last about 200K Miles before you need a new one. (Japanese cars will go about 400K, but you are also paying double the money for it if in the US).
200k/12k = approx. 16.7 years. Then times that by 1.5K = 25,050USD Total Gas Cost.
For electric cost: Assuming an average electric cost of 8.7 cents per KWA, the equivalent of a gallon of gasoline would cost $1.02. [(0.087 * 37 / 0.95) * 0.3] If you can get your electric power at off-peak rates available from some utilities, your cost may be half this much.
(Note: GM are trying to guarantee that the battery @ 5k USD per unit, will last at least 10 years.)
Over 20 years the expected total cost of operation of this hybrid is assumed at 9k USD + 5K for the battery replacement after 10+ years. Total = 14K
*notes: we are not factoring in parts from either car, it is assumed that parts for both are equivalent.*
25K - 14K = 11K
So based on theory alone, you will loose 9,000 USD by buying the Chevy Volt. But this does not factor in owners who can charge up for free, in which case you will only loose about 4K assuming you buy a new battery.
Now keep in mind that this car qualifies for a 3,000USD tax credit every year so you can actually make out big if your income tax is 3K + a year. Based on the IRS chart you need an income of 30,000USD @ 10% cut to get back 3K.
I hope this gives you some ideas.