The new Chevy Volt is advertising 93 mile per gallon. Wow!

Now, at first this may sound fantastic. But, that 93 miles per gallon is a combination of gas and electricity. This means that they run the car on electricity until the batteries die and then they use the gas engine. So, the actual cost of running the car includes not only the gallon of gas but also the electricity used to charge the batteries.

The car has a limited range of 35 to 50 miles on a charge with a gas range of over 400. The recharge time is between 3-8 hours depending on whether there is 240 VAC available. Probably the biggest drawn back is the $40,000 price. Still, if you drive 50 miles per day, it might prove to be a good alternative for transportation.

While the 93 mile per gallon may seem attractive, the $40,000 purchase price isn’t.  But, time will tell.