I live 3 miles from work and thinking of replacing my 06 Equinox before something major breaks. I have been looking at manufacturer certified used cars (all brands) and not seeing anything that match my wants for a price that I want (under $13000). I know there are a lot of other used cars out there, but I prefer the peace of mind of a manufacturer warranty for at least the first two years that I own the car.
My wants:
1. Elevated Seating Position. I prefer the seat/driving positions on Crossover/SUV over Sedans. Some ground clearance is also nice.
2. Big increase in gas mileage. I currently get about 15 MPG or so and spend about $100 in gas each month. I figure if I want to replace my current car, might as well save some money in gas. There are a lot of Crossovers out but the fuel economy does not seem that great for short trips.
3. Low Maintenance Cost.
4. Roomy, 5 seats preferred.
Regarding other EV/PHEV. I have sat/tested the Volt, Leaf, Fusion and CMAX. I really like the CMAX.
So right now I am thinking of leasing a 2014 CMAX Energi. Depending on the package I would be looking at $300-$400 a month depending on the equipment packages. Right now I have been getting quotes for zero/very low down and $6500 in rebates.
Most importantly, I have a charging station at work/most shopping centers. So if I plan it correctly, I will probably never have to pay for gas to get to work 🙂.
Doing that math, I know I probably won't ever make up the cost of paying more for a PHEV, but with my current gas mileage, age/more risk of repairs. A lease gives me peace of mind for the next 2-3 years and reduction in gas costs over my current car. In addition this would be a good opportunity to see if an electric car makes sense for the next car after the CMAX.
Current Car:
GM Certified 06 Chevy Equinox LS FWD
-109,000 Miles
-No recalls yet 🙂
-Paid $11,300 for it 5.5 years ago. So far I have been really lucky and have not had to any major repairs. But I have a feeling that these short trips aren't going to help with the reliability and rather replace it before something major breaks.
Any input is greatly appreciated.
My wants:
1. Elevated Seating Position. I prefer the seat/driving positions on Crossover/SUV over Sedans. Some ground clearance is also nice.
2. Big increase in gas mileage. I currently get about 15 MPG or so and spend about $100 in gas each month. I figure if I want to replace my current car, might as well save some money in gas. There are a lot of Crossovers out but the fuel economy does not seem that great for short trips.
3. Low Maintenance Cost.
4. Roomy, 5 seats preferred.
Regarding other EV/PHEV. I have sat/tested the Volt, Leaf, Fusion and CMAX. I really like the CMAX.
So right now I am thinking of leasing a 2014 CMAX Energi. Depending on the package I would be looking at $300-$400 a month depending on the equipment packages. Right now I have been getting quotes for zero/very low down and $6500 in rebates.
Most importantly, I have a charging station at work/most shopping centers. So if I plan it correctly, I will probably never have to pay for gas to get to work 🙂.
Doing that math, I know I probably won't ever make up the cost of paying more for a PHEV, but with my current gas mileage, age/more risk of repairs. A lease gives me peace of mind for the next 2-3 years and reduction in gas costs over my current car. In addition this would be a good opportunity to see if an electric car makes sense for the next car after the CMAX.
Current Car:
GM Certified 06 Chevy Equinox LS FWD
-109,000 Miles
-No recalls yet 🙂
-Paid $11,300 for it 5.5 years ago. So far I have been really lucky and have not had to any major repairs. But I have a feeling that these short trips aren't going to help with the reliability and rather replace it before something major breaks.
Any input is greatly appreciated.