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| Hybrid car costs (Read 516 times) |
| view log A real tan line |
posted: 6/17/2008 at 4:10 PM |
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| view log Playmaker / nemesis |
posted: 6/17/2008 at 4:28 PM |
| Quote from modal on 6/17/2008 at 4:22 PM: 98.5 years? Seriously, if you own an Lexus LS600H you need to include a driver in the operating costs.
At 98.5 years, the trick is to skip the hybrid altogether and apply the $18.9k hybrid premium to the cost of a driver. At least, that's what I do.  |
20th Century: 800m: 2:04 |1600m: 4:37 |3200m: 10:06 |5k: 16:23 |10k: 35:38 |15k: 54:20 25k: 1:35:59
21st Century: 5k: 19:42 |10k: 43:00
What are you doing? |
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| view log Giants Fan |
posted: 6/17/2008 at 5:43 PM |
Very interesting! Thanks for the info. CC |
Pain is temporary...quitting lasts forever.
-Lou Holtz |
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posted: 6/17/2008 at 5:46 PM
modified: 6/17/2008 at 5:50 PM |
It appears the main reason to get a hybrid these days is to (supposedly) help the environment or to make a statement. Some people claim that mining the Nickel that goes into the Prius batteries does way more damage to the environment than driving a Prius offsets and you'd do less damage driving a Hummer. No way I'm putting down the cash for any hybrid anyway, when they don't get that much better mpg than a standard Accord or Camry.
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| view log Deep Dish |
posted: 6/17/2008 at 6:26 PM
modified: 6/17/2008 at 6:27 PM |
I just saw something on the Today show last week about how long it takes to break even after buying a hybrid and was pretty shocked.
The expert on the show said that you should consider buying a hybrid if you do a lot of city driving. The Prius actually turns off when stopped at a light. I didn't know that.
But you have to consider another point that this chart does not take into account.
If you're driving a huge gas guzzling SUV, you probably paid at least $35k for it. By stepping down to a hybrid sedan you're already saving yourself a huge wad of cash as opposed to buying another SUV, so the time to recoup the savings is meaningless.
This chart is applicable to folks like me that already drive an Accord or something similar. |
| The Gaijin Samurai. a.k.a The attorney dissin' attorney.
Read and Listen
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posted: 6/17/2008 at 6:34 PM |
If you're driving a huge gas guzzling SUV, you probably paid at least $35k for it. By stepping down to a hybrid sedan you're already saving yourself a huge wad of cash as opposed to buying another SUV, so the time to recoup the savings is meaningless.
This chart is applicable to folks like me that already drive an Accord or something similar.
Good point. If you are buying a new car anyway then it makes sense to get something small and efficient. I'm pretty sure our next purchase will be an Accord. |
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posted: 6/17/2008 at 6:43 PM
modified: 6/17/2008 at 6:52 PM |
I also hate that people are buying into the whole Ethanol thing. I guess politicians in the corn producing states are really feeling the heat to push it hard. It takes more energy to produce the ethanol than we get from it.
Good Ethanol article.
"If all the automobiles in the United States were fueled with 100 percent ethanol, a total of about 97 percent of U.S. land area would be needed to grow the corn feedstock. Corn would cover nearly the total land area of the United States." |
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posted: 6/17/2008 at 6:43 PM
modified: 6/17/2008 at 6:52 PM |
dup
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| view log Deep Dish |
posted: 6/17/2008 at 7:49 PM |
FWIW, I am in Illinois. Huge corn producing state.
Currently E-85 is about $3.65 a gallon. But I have only seen some GM cars that can use the stuff. |
| The Gaijin Samurai. a.k.a The attorney dissin' attorney.
Read and Listen
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posted: 6/17/2008 at 8:06 PM |
| Quote from DJ Marcus on 6/17/2008 at 6:26 PM: If you're driving a huge gas guzzling SUV, you probably paid at least $35k for it. By stepping down to a hybrid sedan you're already saving yourself a huge wad of cash as opposed to buying another SUV, so the time to recoup the savings is meaningless.
Umm, OK. Here's another way to look at it. If you ALREADY paid $35k for your big ole SUV that $35K is GONE. Nobodys gonna give you $35k for it. You'll be giving away your already depreciated SUV and paying for yet another car to depreciate rapidly. In almost all cases, the most economical thing to do is to keep driving the car you already own.
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2008 Goals:
2000 miles for the year
100 mile week
Sub 3:10 marathon
Sub 19min 5K
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posted: 6/17/2008 at 8:09 PM |
| Quote from kencamet on 6/17/2008 at 8:06 PM: Umm, OK. Here's another way to look at it. If you ALREADY paid $35k for your big ole SUV that $35K is GONE. Nobodys gonna give you $35k for it. You'll be giving away your already depreciated SUV and paying for yet another car to depreciate rapidly. In almost all cases, the most economical thing to do is to keep driving the car you already own.
That's my thinking. Now that my truck is paid off, my monthly gas bill is about the same as my truck payment. From a budget point of view - it's like my gas is "free". |
Your monkey gives me the creeps. - andahuff
Chruch of Trent |
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| view log Deep Dish |
posted: 6/17/2008 at 8:19 PM |
| Quote from Bonkin on 6/17/2008 at 8:09 PM: That's my thinking. Now that my truck is paid off, my monthly gas bill is about the same as my truck payment. From a budget point of view - it's like my gas is "free".
That's a good point. Keep what you have especially if it's paid off. Drive it until the wheels fall off.
My point was for those that are going to get a new car (for whatever reason) and currently own something less fuel efficient, they will experience savings simply by downsizing on the purchase price alone.
Bonkin: lives in Texas and owns a truck. How novel. 
Hook 'Em! |
| The Gaijin Samurai. a.k.a The attorney dissin' attorney.
Read and Listen
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| view log A real tan line |
posted: 6/17/2008 at 8:28 PM |
| The other thing to think about is that you have to replace the batteries and my understanding is that they are very expensive. |
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