Best electric after 5 years of ownership
February 11, 2012
Kipplingers, Forbes, Intellichoice, Consumer Reports, US News & World Reports, etc. have all offered up best and most cost-effective vehicle lists in recent months, and it’s sometimes a little surprising the lack of consensus. Consequently, I’ve often wondered if there isn’t some sort of advertising-related objective.
Regardless, these lists are still interesting and usually useful for buyers, and the latest one comes from Kelly Blue Book.
According to Kelly Blue Book the Chevy Volt offers the lowest cost of ownership after 5 years, at $40,629, just edgig out the Nissan Leaf, despite its higher price. Thanks to slightly lower maintenance costs and much cheaper insurance, the Volt edged out the Leaf.
Lower maintenance costs? Higher insurance? Seems kind of funny assuming 5 year costs on two cars that haven’t been around for but a year and that have only moved around 10,000 units apiece. Still, until the data proves otherwise, the bragging rights go to the Volt.
For more KBB picks, check out Most cost-effective hybrids and plug-ins.
Posted by dahcredyns, aka Chad Snyder.
--> Join the Soultek
Hybrid Car Club. |
