The Volt looks like it could be a big hit. It can run on pure electricity. It has an extender for long trips. But how much could the (possibly) perfect car cost? Well it costs enough that GM wants to rent you the battery pack. They plan on having you pay weekly payments that would end up costing about the same as gas today. Autobloggreen has these comments from Nick Reilly, the president of General Motors Asia Pacific:
- "It looks as if it is going to cost a lot more to buy a car like this, however the fuel economy is enormous"
- "People won't buy a full car. They will buy a car and rent or lease the battery and the cost of leasing the battery will be the same as, or less than, the cost they're paying today for petrol. So the motoring costs of an electric vehicle don't necessarily have to be much higher than the cost of today's vehicles"
- "Before we were saying it will be an awfully long time before we can get the costs down so people can afford it, but actually if you offset the fuel costs, people can afford it."
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