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Join Date: Jul 2010
Chevrolet Volt Cheaper to Drive than Toyota Prius Plug-in for Sub-70 Mile Journeys
While the Toyota Prius has long been the automotive ambassador of the green movement, Pike Research conducted a Cost of Driving test to find out whether the all new 2012 Toyota Prius Plug-in can trump the Chevrolet Volt. According to its findings, by first establishing the price for every gallon of gas at $3.50 and every kilowatt-hour for 11 cents for the test, the Volt earned a more economic and cost effective result than a Prius Plug-in for trips under 70 miles.
For the first 15 miles of the graph, the lines are not visible because both vehicles will be capable running full electric. By 30 miles, the Volt's cost for every mile gets significantly more expensive until it eventually crosses over Prius' costs at 70 miles of driving.
Of course, if pricing parameters on gas and electricity were to change, then a different result would surface. All in all, customers should consider their driving routines day to day. When trips taken are no longer than 70 miles, as is often the case in urban regions where electric vehicles are popular, then a Volt proves to be more appealing.
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