[citation][nom]coverfire[/nom]well considering I can go to work and home on a single charge and then be recharged by the next day I would save roughly 200.00 a month in gas.[/citation]If you are spending $200/mo in gas, you won't save $200/mo with an all electric vehicle. Electricity to charge the Volt is about 1/2 the price per mile as when it's running the gas engine to charge the battery and/or power the motor.
If you're currently driving a 16MPG SUV, then switching to a 40-50MPG car would cut your gas purchases to 1/3 of what you're currently spending. And you could save about that amount with a $20k-$25k Honda Civic hybrid or Toyota Prius. If you're currently spending $200/mo on gas for a 16MPG vehicle, you could cut that to $60-$80/mo.
If you typically drive less than 40mi/day, then the Volt might save you another 1/6 of what you're currently spending. If you're currently spending $200/mo for gas on a 16MPG vehicle, the Volt might reduce that to $35-$60/mo for gas and electricity.
If you're already getting 30+ MPG, the Volt won't save you that much, despite GM's completely bogus 230MPG estimate. If you're driving ~40mi/day, 6 days a week (25 days a month), that's 1000mi/mo and currently have a 33MPG vehicle, you're buying 30 gals/mo @ 2.75gal = $82.50/mo. With a Volt, you might reduce that to ~$30/mo for electricity (and maybe a little gas), with a net savings of ~$50/mo.
BTW, GM isn't 100% to blame for the bogus estimate, they used the EPA formula to make the estimate, but GM should NOT have given that estimate, it's deceptive.
Don't forget, with a $40k Volt financed for 60 mo. @ 0% interest and $0 down payment, you'll have a $670/mo car payment.