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Old 06-24-2008, 08:08 PM   #16 (permalink)
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Re: Most consumers willing to pay for hybrid cars

keep these numbers coming, its really interesting!
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Old 06-24-2008, 08:37 PM   #17 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Model/trim:Prius base option B
Price of vehicle:$24,110
Tax credit: - $3,150
Rebate: -
Net price of vehicle: $20,960
MPG (city + hwy / 2): 46.5 mpg
Miles driven per year x 5: 75,000
Gas price: $4.25
Gas (gal = 75,000 / mpg): 1,613
Gas cost (gal x $4.25): $6,855
5 year cost (including gas): $27,815
Value after 5 yrs (“Excellent”): $11,575 sell price
TOTAL spent: $16,240


Model/trim: Corolla S option C
Price of vehicle: $19,505
Tax credit: -
Rebate: -
Net price of vehicle: $19,505
MPG (city + hwy / 2): 31 mpg
Miles driven per year x 5: 75,000
Gas price: $4.25
Gas (gal = 75,000 / mpg); 2,419
Gas cost (gal x $4.25): $10,280
5 year cost (including gas): $29,785
Value after 5 yrs (“Excellent”): $8,300 sell price
TOTAL spent: $21,485


Model/trim: Cobalt 1lt w/ options
Price of vehicle: $17,750
Tax credit: -
Rebate: -$2,000
Net price of vehicle: $15,750
MPG (city + hwy / 2): 28.5 mpg
Miles driven per year x 5: 75,000
Gas price: $4.25
Gas (gal = 75,000 / mpg): 2,632
Gas cost (gal x $4.25): $11,186
5 year cost (including gas): $26,936
Value after 5 yrs (“Excellent”): Cavalier $4,675 * $6,175 sell price
TOTAL spent: $20,761

Prius: http://autos.msn.com/kbb/trim.aspx?t...2822&zip=94535
Corolla: http://autos.msn.com/kbb/trim.aspx?t...2834&zip=94535
Chevy: http://autos.msn.com/kbb/trim.aspx?t...2238&zip=94535

*Note: Back in 2003, “Cobalt” didn’t exist, so I used a Cavalier to get the $4,675. The Cobalt is better, so I am willing to add $1,500 to my projected value for the Cobalt.

This doesn’t factor: Oil changes, wipers, tires, washer fluid, insurance, registration, tax, title, licensing, alignment, satellite radio/On-Star subscription, lien interest etc.

I chose the Prius first to get a baseline of how the average Prius might be equipped. The Corolla had to be stepped to an “S” to get the 6 CD in dash radio. I chose the best mpg Cobalt to better compete with the Prius long term. My result show the Cobalt does favor well, and beat the Corolla. Keep in mind GM’s 72 month 0% financing is very appealing, 2009 Corolla has 0% APR but for only 36 months. There are no finance incentives for Prius. However the Prius #’s look pretty darn good. And if gas goes higher, or more miles are driven, then the Prius advantage increases exponentially.

Last edited by eurohazard : 06-24-2008 at 09:08 PM.
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Old 06-24-2008, 08:47 PM   #18 (permalink)
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Re: Most consumers willing to pay for hybrid cars

wheres the cost of the battery in those calculations? If people are willing to buy hybrids why isn't there a long lineup to buy hybrid Tahoes. They get as good milage as a Camray in the city not so good on the highway. GM's 2 mode system is better than Toyotas and Hondas also. This fall or next spring GM is bringing out a 2 mode Saturn Vue. This should come close to Prius milage in a bigger roomier vehicle. Lets see if people will buy it
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Old 06-24-2008, 09:09 PM   #19 (permalink)
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Re: Most consumers willing to pay for hybrid cars

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Originally Posted by 64malibu View Post
wheres the cost of the battery in those calculations? If people are willing to buy hybrids why isn't there a long lineup to buy hybrid Tahoes. They get as good milage as a Camray in the city not so good on the highway. GM's 2 mode system is better than Toyotas and Hondas also. This fall or next spring GM is bringing out a 2 mode Saturn Vue. This should come close to Prius milage in a bigger roomier vehicle. Lets see if people will buy it
That's because the GMT-900 hybrids are expensive. $50k to start... that's a lot of money that many people don't have nowadays.

The Vue isn't that cheap of a car either. I am guessing the two-mode Vue Hybrid will start at least $30k, since it uses the 3.6L v6 as the gas motor.

The Prius can be had for $21k. It's large enough for most people, and most importantly, it's affordable enough.
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Old 06-24-2008, 09:37 PM   #20 (permalink)
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Re: Most consumers willing to pay for hybrid cars

I'm not sure why people buy hybrids, maybe they are ignorant and think it saves money, or maybe they do it because they feel it's better on the economy. I know I saw a thread on some forum where a Jeep diesel got 1 mpg less than a Prius in a real world test, so IMO hybrids are just a way for companies to sell cars to the ignorant or misinformed. Anyways just my 2 cents.
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Old 06-24-2008, 09:53 PM   #21 (permalink)
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Re: Most consumers willing to pay for hybrid cars

When will GM have a real hybrid?
Regardless of what all of us say, people want them.
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Old 06-24-2008, 09:54 PM   #22 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by genjy View Post
That's because the GMT-900 hybrids are expensive. $50k to start... that's a lot of money that many people don't have nowadays.

The Vue isn't that cheap of a car either. I am guessing the two-mode Vue Hybrid will start at least $30k, since it uses the 3.6L v6 as the gas motor.

The Prius can be had for $21k. It's large enough for most people, and most importantly, it's affordable enough.

All GMT-900s are expensive, and you can easily hit $50K on a Tahoe, so that combined with hybrid tax cuts, and reduced fuel costs negate the cost quickly. GM has Hybrid ads; however, they also have near identical fuel cell commercials airing. How many NON car nuts know the Hybrids are actually in production, not just a test fleet like the fuel cells?
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Old 06-24-2008, 10:11 PM   #23 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by allenk2 View Post
I'm not sure why people buy hybrids, maybe they are ignorant and think it saves money, or maybe they do it because they feel it's better on the economy. I know I saw a thread on some forum where a Jeep diesel got 1 mpg less than a Prius in a real world test, so IMO hybrids are just a way for companies to sell cars to the ignorant or misinformed. Anyways just my 2 cents.
Which of the bolded are you? Check out the posts in this thread, some Hybrids are worth it. If the diesel Liberty was near as fuel thirfy as you claim....why did Jeep drop it? It sold for like 2 years. http://www.dieselpowermag.com/featur...sel/index.html

Dude, here's an article where a Jeep Liberty diesel didn't match an Escape Hybrid....let alone a RAV4 non-hybrid in gas mileage. http://trucktrend.automotive.com/580...ats-price.html
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Old 06-24-2008, 10:13 PM   #24 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by eurohazard View Post
Model/trim:Prius base option B
Price of vehicle:$24,110
Tax credit: - $3,150
Rebate: -
Net price of vehicle: $20,960
MPG (city + hwy / 2): 46.5 mpg
Miles driven per year x 5: 75,000
Gas price: $4.25
Gas (gal = 75,000 / mpg): 1,613
Gas cost (gal x $4.25): $6,855
5 year cost (including gas): $27,815
Value after 5 yrs (“Excellent”): $11,575 sell price
TOTAL spent: $16,240


Model/trim: Corolla S option C
Price of vehicle: $19,505
Tax credit: -
Rebate: -
Net price of vehicle: $19,505
MPG (city + hwy / 2): 31 mpg
Miles driven per year x 5: 75,000
Gas price: $4.25
Gas (gal = 75,000 / mpg); 2,419
Gas cost (gal x $4.25): $10,280
5 year cost (including gas): $29,785
Value after 5 yrs (“Excellent”): $8,300 sell price
TOTAL spent: $21,485


Model/trim: Cobalt 1lt w/ options
Price of vehicle: $17,750
Tax credit: -
Rebate: -$2,000
Net price of vehicle: $15,750
MPG (city + hwy / 2): 28.5 mpg
Miles driven per year x 5: 75,000
Gas price: $4.25
Gas (gal = 75,000 / mpg): 2,632
Gas cost (gal x $4.25): $11,186
5 year cost (including gas): $26,936
Value after 5 yrs (“Excellent”): Cavalier $4,675 * $6,175 sell price
TOTAL spent: $20,761

Prius: http://autos.msn.com/kbb/trim.aspx?t...2822&zip=94535
Corolla: http://autos.msn.com/kbb/trim.aspx?t...2834&zip=94535
Chevy: http://autos.msn.com/kbb/trim.aspx?t...2238&zip=94535

*Note: Back in 2003, “Cobalt” didn’t exist, so I used a Cavalier to get the $4,675. The Cobalt is better, so I am willing to add $1,500 to my projected value for the Cobalt.

This doesn’t factor: Oil changes, wipers, tires, washer fluid, insurance, registration, tax, title, licensing, alignment, satellite radio/On-Star subscription, lien interest etc.

I chose the Prius first to get a baseline of how the average Prius might be equipped. The Corolla had to be stepped to an “S” to get the 6 CD in dash radio. I chose the best mpg Cobalt to better compete with the Prius long term. My result show the Cobalt does favor well, and beat the Corolla. Keep in mind GM’s 72 month 0% financing is very appealing, 2009 Corolla has 0% APR but for only 36 months. There are no finance incentives for Prius. However the Prius #’s look pretty darn good. And if gas goes higher, or more miles are driven, then the Prius advantage increases exponentially.
The tax credit on the Prius has been phased out.. There no longer is a $3,150 credit. So add that straight onto the cost of the Prius.

You have overstated the price of gas. The national average is $4.069. Adjust your numbers and the cost of the Cobalt will go down more than the cost of a Prius.

A Cobalt 1LT with the XFE package gets a combined 30.5 mpg, not 28.5. I do not know what you mean by "w/ options", but an LT is not a stripper, and it costs $2,000 less than the figure you use.
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Old 06-24-2008, 10:32 PM   #25 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by eaton53 View Post
Those numbers are more like it.

Of course, here's some more numbers...

Prius: 78-hp gas, 67-horsepower electric
Corolla: 132 hp
Cobalt SS 2.4(which cost a lot less than $17155): 171 hp

Drive a slow ass, no handling Toyota and save nothing? Pffft!!!
Uhh, no it doesn't, Maybe after incentives it does. A base 2.2 is $15,110, and the 2.4 you speak of is $20,355, and that's the base price and according to the EPA it requires premium. And do keep in mind that your gas savings varies with how much you drive. Someone who drives 30k miles a year will see a bigger benefit than someone who only drives 12k.
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Old 06-24-2008, 10:36 PM   #26 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Yea well after working with Hybrid cars you won't see me buying a car with any sort of High Voltage battery. No Volt or Hybrids in this house, just good old Gas/Diesel engines.
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Old 06-24-2008, 10:37 PM   #27 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by blank disk View Post
When will GM have a real hybrid?
Regardless of what all of us say, people want them.
People want the IMAGE of one.

Why?

People are retards, simple as that.
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Old 06-24-2008, 10:48 PM   #28 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by DuSpinnst View Post
Yea well after working with Hybrid cars you won't see me buying a car with any sort of High Voltage battery. No Volt or Hybrids in this house, just good old Gas/Diesel engines.
Does your house have electricity?
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Old 06-24-2008, 10:50 PM   #29 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by eurohazard View Post
Does your house have electricity?
That's 120 Volts @ 15 Amps.

The Car is 300 Volts, and don't forget the car is made of METAL, my house isn't.
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Old 06-24-2008, 11:16 PM   #30 (permalink)
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Re: Most consumers willing to pay for hybrid cars

Quote:
Originally Posted by HoosierRon View Post
Get a Cobalt 1LT with the XFE package, and it would be the cheapest. Given that this is the point of the comparison (which car is cheapest to own), I would think it would be the most appropriate choice. 1LT base price is $15,780. With the XFE package, it gets better mileage than the Corolla.
This is a great point to bring up Ron. It's one that 'til now no one has really considered..

If one is interested in the 'cheapest transportation' then comparing the least expensive new cars would lead one - in this case - to choose a strippie Cobalt XFE or a strippie Corolla or a strippie Accent. But better yet if one added into the mix a USED Taurus or USED Stratus from the late 90's. Now those latter two would be really inexpensive transportation for the next 5 years.

Comparing dissimilar vehicles such as a strippie XFE to a Pckg #2 Prius then opens the discussion to also adding a 3 y.o. Hybrid Civic. Why not? Priced at $13000 or so with a 5-7 yr warranty still in place it would probably be almost as inexpensive as the Taurus or Stratus. It could get outlandish eventually comparing the original 3 to a bicycle or one's own two feet which are the least expensive.

That's the reason that I noted originally that the three being compared were NEW vehicles of approximately equal equipment if not price.
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