Don't let gas prices scare you into a hybrid- Do The Math., page 2
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reply posted on 11-5-2008 @ 12:09 PM by CAPT PROTON
Your thread sounds suspicious indeed since a similar story appeared on yahoo today. Same argument, but instead of using Ford in your example, you used Toyota. Interesting.

biz.yahoo.com...

Anyway, you sure throw a lot of irrelevant numbers around like a salesman. All I want to know is how big is the tank and driving range based on mpg. And revised fuel mileage standards are still relevant since they scale down.

Toyota Prius
Avg. price $22,000
tank capacity 11.9 gallons
driving range 547.4 miles
at $3.50 to fill up a bone dry tank, $41.65
average person would fill at 10 gallons, so $35.00

Toyota Corolla
Avg. price $13,000
tank capacity 13.2 gallons
driving range 409.2 miles
at $3.50 to fill up a bone dry tank, $46.20
average person would fill at 10 gallons, so $35.00

And judging from this I can see the Prius' 138.2 mile driving range advantage is muted by the higher cost of ownership in terms of car payment. Plus people don't drive til the tank is bone dry, so the average fill up is the same. And the extra trip to the gas station for the Corolla is less than the Prius when you take into account the car payment for the month.

Which is real curious since all cars having a driving range of 350-400 miles. Funny huh? Couple that fact with a rare US law that dictates any fuel economy car not made in the US must carry at least $4000+ in extra cost or reduce fuel mileage. They get them either way.

So the playing field is petty level, and the real choice one needs to make is how big a loan do they want to carry and how big a tank do they want to fill. So in my example, I would take the cheaper payment of the Corolla, since average fill-ups are fairly the same. On the plus side, I get more power and the maintenance is cheaper because its a simple combustion engine, which would probably last longer.


reply posted on 11-5-2008 @ 10:46 PM by tamerlane
reply to post by Threadfall



Hi Threadfall

You're right that it is possible to save with hybrids in the long run, but my point is that most people won't. If you look through the figures that I set out, you're paying more for the hybrid for the first 5 years until it is paid off. Then you start saving money on the fuel and somewhere between the 8th and 12th year of owning the vehicle, your fuel savings finally equal what you paid extra to get the hybrid (depending on exactly what you pay for it and what fuel costs are which are impossible to gauge precisely).

If you are willing to keep the car that long, and use it as your primary vehicle for the entire time, then it would begin to pay off and you could finally begin saving somewhere around $60 - $90 per month in gas.

Your average person will not keep a car that long, though. Speaking from experience, most people that come to a dealership for a new car are trading in a car that still hasn't been paid off. You said that you have a 97 Explorer right? Did you buy that car new and use it as your main source of transportation since then? If so, you are certainly in the minority, and maybe you would do well to get a hybrid with your ownership habits.

If someone is concerned about their economic situation here and now because they are struggling to pay the bills, my advice is to not buy the hybrid, but rather a small, economical non-hybrid, and they will be able to save more. Plus, if we stop buying the hybrids, the auto manufacturers might actually produce truly clean vehicles which is what most people concerned with the environment or our oil dependence really want.



reply posted on 11-5-2008 @ 11:10 PM by tamerlane
reply to post by CAPT PROTON



I checked out the link to the Yahoo article, and I suppose it does have a ring of similarity, but I honestly hadn't seen it before. The point is a little different, too. They seem to be saying you probably shouldn't trade in your old SUV at all, whereas I'm saying that if you are thinking of getting a new car, the hybrid simply isn't as good a deal as a small economical non-hybrid. At least not for a minimum of 8 years or so. But I am in agreement in a broad sense that you should consider many aspects besides just gas mileage to see if the new vehicle you are considering is really the best for your budget.


reply posted on 12-5-2008 @ 07:19 AM by Long Lance
today's hybrid cars are crutches anyway, they have an IC engine AND an electric one, complete with complicated transmission, carrying the weight of both engines and the gearbox around... ie. even more polished heavy metal than your usual car.

on top of that, batteries are toxic waste, but that issue could be overcome by stringent recycling.

if they used electric transmission and a well matched, efficient (in that role) combustion engine in conjunction with a moderately sized battery or condenser package, tangible reductions in weight and therefore, fuel consumption could easily be realised and at a lower cost. note: if anyone jumps on me for insisting on a combustion engine, i advise you to search ATS for a thread called 'Why the Hydrogen Economy does not Matter'. afaics, the only alternative is currently pure electric.


the industry wants to sell the bleeding edge, while it's still new and the shiny gloss is blinding buyers. it's about marketing, mostly and it ticks me off that GW is so successful in that role.


of course, since you probably can't build your own car from scratch, you're out of luck, kinda, and have to take what's there and a hybrid car might just be the best available solution for you, depending on your requirements, ie. how much you drive and how well you conserve the car and how long you keep it, etc, but:

keep in mind that one hurricane, tornado, hailstorm or the odd sleepy truck driver is perfectly capable of nulling your entire planning, therefore, saving reliably from the start is very much preferrable to paying more now and saving in a few years.

PS: if you can, test drive any car to see how much milage it really offers, manipulating mpg ratings is just too tempting, isn't it?


reply posted on 23-5-2008 @ 01:14 PM by tamerlane
This thread is about the best way to save money on a car and showing that it is not by buying a hybrid. I realized that my examples showed how to save more money, but not how to save the most money. I'll add some more suggestions now which I hope will help those who are thinking of trading-in.

Well, naturally, the number one way to save money when buying a car is to pay cash for it rather than financing. Not only do you not have the finance charges, but you can carry the minimal insurance rather than the full coverage that banks will require. The insurance difference alone can be well more than a hundred dollars per month. I can remember several occasions when one of my deals fell apart because someone who was driving an older, paid-off beater had decided that now they could afford something newer, but they balked when they realized how much more they were going to pay in insurance.

Most people have a car payment, however, and especially those needing a different car to save money probably don't have much saved up to be able to pay cash. So is it better to buy used and pay less but possibly pay more in repairs, or buy new and have a warranty?

I would say this depends on the type of car you plan to buy and the way that different makes hold value. You are probably aware that not all cars lose value at the same rate, and that the rate of depreciation is much greater in the first few years than later on.

Some cars that hold value very well are Toyota, Honda, (and their luxury lines Lexus and Acura), Mercedes, BMW, Volvo, and Volkswagen. If you are considering one of these, I recommend buying new. Buying a car a few years older when not save you that much on one of these vehicles and you will already have significant wear and less warranty.

Value retention is much more about the perceived quality of a vehicle than its true quality. There are vehicles manufacturers that have similar complaint records to Toyota and Honda and such, but people have a worse perception of them so they lose value more quickly. I highly recommend buying one of these vehicles that is 1 - 3 years old. That way, the vehicle does not have much wear, but the previous owner has already taken the worst of the depreciation. So you get a newer, reliable car at a bargain price and probably still under warranty.

Some vehicles that fall in this category are Chevrolet, Dodge, Chrysler, Hyundai, Mitsubishi, and Pontiac. Out of these
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