<<  <  Page 8/8
Dave Palmer
User Rank
Re: Back to the drawing board
Dave Palmer   2/9/2012 10:24:58 AM
@rickman: Your point about long-term cost of ownership may be valid, but most peoples' cash flow doesn't allow them to make decisions which take five years to pay off.  I need to pay my bills from month to month.  So money which is available right now is worth much more to me than money which I might have five years from now. (Besides, if the car gets totalled in an accident, or some other unforseen event happens, the long-term savings which the spreadsheet predicts might never materialize).

You may have a point when it comes to leasing.  But in any case, I'm not in the market for a fully-loaded Prius, either.  I might consider a $19,000 Prius C.

User Rank
Re: Back to the drawing board
rickman   2/9/2012 7:02:23 AM
Am I the only person left who still uses a spreadsheet these days? Take a 2012 Volt w/ leather, and Bose. Skip the chrome rims and Nav for now. Take a comparable 2012 Prius (i.e. leather, stereo upgrade, tele-whatever (whatever their onstar equivalent is), and other comparable features. Apply the tax credit. Good? Now assuming typical driving habits, cost them out year by year for gas purchase and electric cost. Amazing what happens in year five right? VOLT IS CHEAPER. Change the price of gas to $4 or $5 and that savings kicks in on year 4 or 3. So if after 3-5 years of ownership the Volt equals or is lower in cost than a Prius, why is the Volt 'priced out of market' and a loaded Prius is not? 

Let's take it one step further. Assume you LEASED both cars. Well, in that case the Volt is cheaper day ONE, since the Volt's attractive lease deal puts it ahead of a comparable Prius lease (assuming similar mileage and down payment).

Do the numbers before you try blasting the numbers.


Beth Stackpole
User Rank
Back to the drawing board
Beth Stackpole   2/9/2012 6:41:26 AM
"See if the Volt has legs"??? Is that suppose to portend an early demise for the Volt? Talk about a ding in GM's reputation. Why not get that engineering team back on the design and figure out a way to make the batteries smaller and take cost off the BOM?

I know automotive development cycles are far longer than other products, but isn't agile and iterative engineering what it's all about, especially when you're talking about new technology like EV vehicles. Obviously, you need to strike a balance so you don't have the market sit and wait until you finally get it right. Maybe there's some sort of rebate or upgrade plan for  brave early adopters. But it is far too soon to give up on the Volt, PR problem or not.

<<  <  Page 8/8

Partner Zone
Latest Analysis
Imagine being able to illegally download a physical product the same way you can with music and videos. That’s basically what’s happening with 3D printing and digital manufacturing, with huge repercussions in the intellectual property domain.
Our latest Design News Quick Poll reveals that readers are facing serious cyber security challenges.
Ford will be the first automaker to commercially use Alcoa's tough & fast Micromill aluminum alloy process and materials, debuting on several 2016 F-150 truck components. Alcoa will also license its Micromill process and materials technology to Danieli Group.
Even as an increasing number of instrument manufacturers migrate toward modern touch screens, many engineers say they still prefer the tactile feel of knobs and buttons, a new survey says.
Caterpillar Inc. demonstrated this week at Design and Manufacturing Philadelphia that heavy industry can reap big benefits from 3D printing.
Design News Webinar Series
10/1/2015 11:00 a.m. California / 2:00 p.m. New York
9/10/2015 11:00 a.m. California / 2:00 p.m. New York
10/20/2015 8:00 a.m. California / 11:00 a.m. New York
11/10/2015 11:00 a.m. California / 2:00 p.m. New York
Quick Poll
The Continuing Education Center offers engineers an entirely new way to get the education they need to formulate next-generation solutions.
Oct 19 - 23, Embedded System Design Techniques™ - Driver Design Patterns and the Internet
SEMESTERS: 1  |  2  |  3  |  4  |  5  |  6 |  7

Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.
Learn More   |   Login   |   Archived Classes
Twitter Feed
Design News Twitter Feed
Like Us on Facebook

Sponsored Content

Technology Marketplace

Copyright © 2015 UBM Canon, A UBM company, All rights reserved. Privacy Policy | Terms of Service