...are much lower than manufacturers expected. This isn't a surprise to most of us in the enthusiast community. We've predicted this since Day 1. We said that the car companies were over-optimistic about demand. Well, the writing is on the wall and the companies have been forced to look at it for what it is. They have lots of supply but not much demand. In order to move their inventory, manufacturers have been giving steep discounts, including Ford who reduced the price of the electric Focus $4,000. However,
the car still costs $35,995. IMO, that is an astronomical amount of money to pay for a small car which such huge limitations.
http://www.usatoday.com/story/money/car ... f/2506693/
Let's do a little simple math. For all you Math gurus and financial geniuses, give me a little leeway here. I'm not compounding or depreciating anything or talking about incentives. Just some basic addition, subtraction, multiplication, and division of sticker numbers, K?
Base price of a Ford Focus electric is $35,995
Base price of a Nissan Altima 2.5 w/ CVT is $21,760
Difference is $14,235.00
At $3.50/gallon (avg cost/gallon in AZ right now), that $14,235 would buy 4,067 gallons of fuel.
At a combined 33 mpg, the Alti can travel 594 miles between fill-ups. That 4,067 gallons of fuel could power the Alti 134,211 miles, or more.
If you had the cash in hand, would you really be tempted to go buy the Focus just because it is the "green" thing to do? I know I wouldn't. Especially knowing that at 100,000 miles the Altima won't be facing near the maintenance costs as that electric car will. What do you do? Go buy a new car every 100,000 miles just so you can be a slave to the dealership? You know you don't want to have to pay out of pocket to replace that battery.
So, are any of you any closer to purchasing an electric car than you were two years ago? what would it take to make you buy one, or would you ever?