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Electric Reality Check

January 14, 2011

The Chevrolet Volt and Nissan Leaf are officially on sale. Should you join the early adopters of electric vehicles?

The two cars are pricey (starting at $41,000 and $32,780, respectively, but you get a virtually pollution free car, off-the-charts fuel economy and reduced maintenance, plus a $7,500 tax credit from Uncle Sam. Waiting lists for the two cars are long, and sales are confined to just a few areas of the country. If you do snag one, you’ll need to charging dock installed in your home. For most drivers, range shouldn’t be an issue; the Leaf can travel 73 miles on a charge and the Volt can travel 379 miles. As more EVs (electronic vehicles) go into production, prices should start to fall. The Leaf and the Volt will be available nationwide within a year or so, and by then, the electric Ford Focus and Mitsubishi “i” will be on sale too.

Let GAI (gunwel.com) help you receive all the tax credits Uncle Sam has to give you. Give us a call at 212-979-6830 or drive by in your new EV as there are parking garages directly across from our offices. See you soon!

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