Both the Volt lease and the toyota lease (cited by another poster) require $2500 down, amounts paid above that number are the result of options and/or taxes which will vary somewhat from jurisdiction to jurisdiction, but the toyota program does not include those items either. I believe consensus was the best option comparison to the base volt is the Prius III w/ Nav.
At the risk of distracting with data, last week: 191.3 EV miles @ 32.6 kWh/100mi (vs. 36 EPA) 12 miles on the ICE with .36 gallons (33.3MPG) I happened to catch the "exact" fuel number (my wife was driving it) before the car reset it, which it does with each full charge. Very interesting data with the Edmunds long term Volt/Leaf tests. They are averaging 34.8 kWh/100mi in the Volt vs. 31.5 for the Leaf.
Hmmm... I don't recall ever saying anything like that. I've never been interested in buying a Prius but was always impressed with the technology. I certainly would never use "geekmobile" as anything but a compliment, as anyone who knows me would attest.
Ok, he is not doing it for the payback nor emission. Does he just want to drive on the battery? Just trying to understand.
Obviously you didn't say that! A GM CEO did, perhaps less than a year ago. http://priuschat.com/forums/prius-h...ius-geek-mobile-i-wouldnt-caught-dead-in.html
Yes, the motivation is to minimize fuel purchases. A financial justification does not exist for the purchase esp since his current vehicle is a 2010 Prius IV.
I don't know if your Dad is retired or not. If he is, note the $7,500 credit is non-refundable, so he may not get the entire thing, if for instance he is on Social Security. If so, it may make more sense for you to buy it if you have enough income to qualify for the full credit. Then do a financial arrangement with your dad. I don't mean to pry into your personal details, just FYI.
Thanks. I've always wondered about that. I'm always forgetting about the huge impact of extreme cold weather on mileage, since I don't experience it first hand.
An excellent point. As an alternative to your suggestion, he is trying to arrange a vehicle lease where the leasing company can claim the $7,500 credit. The residual value would be increased by $7,500 above what it otherwise might be, so that he would enjoy the value of the credit via reduced monthly lease payments. You are right. However from his perspective he is paying a Hawaiian Electric Co. bill and not a Chevron credit card bill...
You know, that federal $7500 tax credit is tricky. If you owe money on your taxes, you get credit for up to $7500 for what you owe. It's possible not to actually get $7500 back. That's the way I understand tax credits.