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Honda's funny math on cost of driving Fit electric vehicle
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07-05-2012, 02:25 PM
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Moderator
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Join Date: Nov 2007
Vehicles: 2000 Honda Insight
Location: Durango, CO
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Honda's funny math on cost of driving Fit electric vehicle
 Honda's fuel comparison for its electric Fit leaves out the mileage penalty for driving beyond the lease limits.
Jerry Hirsch - LATIMES - July 02, 2012
Who's ready to get Fit? --Ed.
Honda is using funny math in the press materials for the all-electric version of the Honda Fit hatchback that went on sale this month.
The automaker claims that the cost of powering the electric car is $3,981 less over three years than an average of small and compact gasoline-powered cars.
Not really.
Honda bases its data on driving the Fit for 15,000 miles a year, or 45,000 miles for three years. However the automaker is only selling a lease for the car, and it has a limit of 36,000 miles. Any consumer driving the Fit to the 45,000 miles used in the comparison would incur $1,800 in penalties, reducing the operation savings to about $2,200.
Honda officials said they picked the 15,000 miles number because that is a standard used for comparing fueling costs of vehicles by the Environmental Protection Agency. But besides the fact that a consumer couldn’t drive that amount annually without paying the big penalty, it also favors electric vehicles because they cost less to fuel per mile... [Read More]
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07-05-2012, 03:45 PM
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Veteran
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Join Date: Sep 2009
Posts: 6,464
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Re: Honda's funny math on cost of driving Fit electric vehicle
this article is a bit picky, how does the Fit EV compare to an F250 with a gasoline V8?
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07-05-2012, 04:31 PM
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Senior Member
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Join Date: Oct 2009
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Re: Honda's funny math on cost of driving Fit electric vehicle
LOL. Those word problems are a stinker.
Honda's Marketing Department needs to do some remedial mathematics!
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ScangaugeII (TPS,IGN,Fwt,AVG)+ (SoC,Flv, GPH, RPM)
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07-06-2012, 04:56 PM
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Saving more by using less!
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Join Date: Jan 2009
Vehicles: 2011 Honda Fit 5MT (Silver), 2003 Honda Accord LX 5MT (Graphite)
Location: SW, MO
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Re: Honda's funny math on cost of driving Fit electric vehicle
I want the hatch spolier that they have on the EV.  Looks much more functional than the one they have on the gasser.
see the picture on the actuall artical.
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-Jason
Fit
Best: 57.85 MPG / Longest: 615.2 miles (8/7/12)
Best Seg: 89.1 / 1.2 miles (urban)
Truck - Best tank:516@25.06MPG (traded)
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07-07-2012, 02:58 PM
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Witch with wry sense of humor
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Re: Honda's funny math on cost of driving Fit electric vehicle
Mathematics involving a lease is always a dicey proposition (as it makes no economic sense to pay full price for a car you never get to own.)
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Indigo's Moral Compass
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07-25-2012, 04:04 PM
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PZEV, there's nothing like it :)
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Re: Honda's funny math on cost of driving Fit electric vehicle
Hi All:
All the BEVs/PHEVs include the “funny” math. And this is most certainly not anything new either  I see PR’s on the electrified vehicles touting savings all the time but the average Joe knows his $179/month is affordable. $230 with huge $’s down and a minimum number of miles is not. And of course we all know electricity is free of course…
Wayne
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