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Discussion Starter #1 (Edited)
asking $24k at a local certified dealer. is it worth it? i drive about 3000 miles a month.

edit: also should be noted i can take interstate and get up to 80mph, or back roads and not break 60mph with lots of stop and go. was looking at the ioniq but came across this one.
 

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Mine was a "demo" with about 6k when I bought it. You still get full warranty and the milage is a good negotiating tool
 

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Your 3,000 miles a month is three times what I drive. Therefore, I am guessing that you may not achieve enough battery charge utility to provide enough increased mileage to make the Volt the correct vehicle for you. I suggest that you do a lifetime cost analysis comparison with several vehicle models to determine what is the best match for your driving patterns. You did not explain enough about the criteria that led you to a Volt. I would like to purchase a certified used 2016 or 2017, preferably the premium package, but am waiting for my price point of $20,000, a few years from now.
 

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Discussion Starter #4
Your 3,000 miles a month is three times what I drive. Therefore, I am guessing that you may not achieve enough battery charge utility to provide enough increased mileage to make the Volt the correct vehicle for you. I suggest that you do a lifetime cost analysis comparison with several vehicle models to determine what is the best match for your driving patterns. You did not explain enough about the criteria that led you to a Volt. I would like to purchase a certified used 2016 or 2017, preferably the premium package, but am waiting for my price point of $20,000, a few years from now.
i drive about 90 miles round trip and would be able to charge up during the day and/or at lunch.
 

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Discussion Starter #6
Have you checked out the Bolt? Seems like it would fit the bill nicely for your needs.
yeah its a little out of my budget. plus it would limit my weekend jaunts (thats how i get to 3000 miles a month is the long road trips on the weekends with the kiddos!)
 

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i drive about 90 miles round trip and would be able to charge up during the day and/or at lunch.
You'd deplete a full charge one way, need to charge 5 hours on level 2 to get back a full battery, and then deplete that for the return trip home.


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And with regard to your question on whether it is worth it or not, I'd say unless you intend to drive it till it dies, you're better off leasing. Automotive technology is moving so quickly that 3 years from now your car is likely to take a bigger depreciation hit than you probably anticipate. Leasing hedges your risk. Again, moot if you intend to drive it into the ground.


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It would depend on how it's equipped. Keep in mind the base Volt is 34k less the $7,500 tax credit will make it effectively $26,500. If its a base model, for the difference I would probably just buy a new one. If it's premium with all the options, then yes I would go for it. I'm putting on the miles also, and the Volt is definitely saving money on fuel & maintenance.
 

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And with regard to your question on whether it is worth it or not, I'd say unless you intend to drive it till it dies, you're better off leasing. Automotive technology is moving so quickly that 3 years from now your car is likely to take a bigger depreciation hit than you probably anticipate. Leasing hedges your risk. Again, moot if you intend to drive it into the ground.


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Uhh, I haven't seen many lease deals with more than 36,000 miles (3 yr term) and at the rate of 3,000 miles/month, that's one year of driving. :eek: I think purchasing is the only way to go with OP's use case.

OP, I'd try to negotiate down a few thousand on the -'17 CPO and then take the deal.


Joe
 

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Uhh, I haven't seen many lease deals with more than 36,000 miles (3 yr term) and at the rate of 3,000 miles/month, that's one year of driving. :eek: I think purchasing is the only way to go with OP's use case.

OP, I'd try to negotiate down a few thousand on the -'17 CPO and then take the deal.


Joe
That's true, I forgot about his annual mileage.
 

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I would say for the commute the Volt would be far better than anything available. Lets say the OP manages 50 miles each way on battery only (could be more or less), that leaves about 40 miles for gas and lets say a gallon for that. We're still out of Prius territory with 90mpg. With weekend trips, the Prius might do better depending on driving pattern and charging opportunity.

I don't drive nearly as much as the OP, but I still manage about 20K/yr. So far this year I've gone about 6000 miles and have used roughly 51 gallons giving me about a 117mpg average since the beginning of January when I reset one of my trip meters. Although it doesn't look like I'll make 20K this year, with summer here my out of town drives will be limited, but once it starts to cool, I'm sure I'll have a few trips to Vegas as well as a number of trips to LA which is my normal driving pattern.
 

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My CPO 2016 LT w/Comfort Pkg and Bose had 16k miles and was a GM executive car, never been on a dealer lot before I got it, was $21k.
 

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Uhh, I haven't seen many lease deals with more than 36,000 miles (3 yr term) and at the rate of 3,000 miles/month, that's one year of driving. :eek: I think purchasing is the only way to go with OP's use case.

OP, I'd try to negotiate down a few thousand on the -'17 CPO and then take the deal.


Joe
I believe that my son had a 45,000 mile/39 month lease on his 2016 with GM (whatever the name of the financial group is).
 

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I just leased a new 2017 Volt LT with the comfort package for 28k, not sure a used one is worth 24 with that many miles already with the rebates going around? I'm no expert but I think I got a decent deal even with the fees.

I have about a 90 mile commute and can only charge at home. I have been getting right around the advertised miles at 53 or so, then charge at night. Went just under 1000miles on the tank the dealer put in.

I had been driving a beat up 98 Civic with almost 300k on it that gets about 30mpg. I really like the Volt
 

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I believe that my son had a 45,000 mile/39 month lease on his 2016 with GM (whatever the name of the financial group is).
Point taken. I've also read the new Hyundai Ioniq has an unlimited mileage lease option. I'd like to see some of those great leasing deals come to the midwest.

Never leased before but definitely thinking about it. I have a 60 mile RT commute with no charging available at work (and I'm afraid they would be downright hostile toward the idea). I do about 20k miles/yr (with 3 vehicles) but I'm looking to cut that to 2. I would definitely need minimum 15k annually.

Joe
 

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I got my 2013 Premium new for $21k so your $24k with 24k miles on it seems pricey to me. You didn't state whether it was a premier or and LT and what options it has, so there's no way for us to tell if it is a decent deal or not. If it is an LT with no options, then horrible deal. If it's fully loaded, well, that's better, not the deal of the deccade, but better.
 

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Discussion Starter #19
I got my 2013 Premium new for $21k so your $24k with 24k miles on it seems pricey to me. You didn't state whether it was a premier or and LT and what options it has, so there's no way for us to tell if it is a decent deal or not. If it is an LT with no options, then horrible deal. If it's fully loaded, well, that's better, not the deal of the deccade, but better.
yeah i meant to post the link but was on my phone!

so here it is. i don't know all the available options so thats why im asking here first!
 

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yeah i meant to post the link but was on my phone!

so here it is. i don't know all the available options so thats why im asking here first!
It is a base model LT, it has cloth seats. I don't see any options. A base LT; sticker when branch new is $34000 minus $7500 federal tax rebate = $26500. Locally, they are listed at around $31000 or about $3500 off, so figure $23500 for a brand new version of approximately the same car you are looking at; http://www.autonationchevyaustin.com/VehicleSearchResults?model=Volt&pageNumber=1&visitedVD=true
 
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