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ralphieboi1976's Blog

by ralphieboi1976 from Benton Park West

Last Post 130 days, 11 hours Ago


Hybrids are gaining spot light.  People are wanting a vehicle with the greatest MPGs.  Okay, I think we need to weigh in all the info before assuming that we NEED a Hybrid.

Example A.

A 2008 Toyota Prius prices out at $23,000.  (You pay sticker on these folks)  It gets an average of 40-48 MPGs.  With no money down on a 60 month note and good credit, your looking at a payment of $475 per month (Give or take a few dollars)

Example B.

A 2008 Ford Focus prices out at $14,000 with all the incentives.  It gets an average of 25-35 MPGs.  With no money down on a 60 month note and good credit, your looking at a payment of $285 per month (Give or take a few dollars)

Example C.

A 2008 Chevrolet Aveo prices out at $10,000 with all of the incentives.  It gets an average of 24-34 MPGs.  With no money down on a 60 month note and good credit, your looking at a payment of $200 per month (Give or take a few dollars)

You spend 30 % more on fuel for vehicle B or C but you save $190 to $275 per month on car payments.  If you are a car flipper and like to trade every 24 months, you would seriously never see the savings that Hybrid will bring.  You will see the savings in your 4th year unless fuel reaches $10 per gallon within the next 2 years.  I doubt it. 

Another thing you need to consider.  With a Hybrid, you have an electric motor that drives the vehicle and a Gasoline Engine that acts as a generator.  You have two (2) work horses under your hood.

If you are a highway commuter like myself, Hybrids get worse MPGs on the highway than they do in the city.  On the Highway the system does not have the oportunity to recoupe power from coasting and braking and the generator is forced to run constanly.  Check to see if the engine (generator) runs when the A/C is on.  Not much savings there.  I cannot sweat and go from work site to work site.  I have to run the A/C. 

Bottom Line....My message is to weigh in all the facts before you dive into a Hybrid full force.  I would not see the benefit myself.  You might, but you might not.

11 Comments |  Add a Comment

Member Comments Total Comments: 11
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AnswerMan read my blog
Jul 15, 2008 | 9:08 PM

I wouldn't hesitate - it'd be the Toyota Prius in a heartbeat. You have much better quality and residual value therefore killing the MSRP argument.

On the gas mileage issue the Prius gets 15-21 mpg higher than either car.

If I were to get the Toyota Prius I would rather lease it on a 24 month basis therefore lowering my payment and guaranteeing no cost for new batteries.

If you are looking strictly for gas mileage - the Toyota Prius wins hands down.
Ford Focus is $16,240 with A/T, Toyota Prius is $23,500 while the Chevy Aveo is $12,300.

ralphieboi1976 read my blog
Jul 16, 2008 | 12:16 AM

I agree on the residual aspect. I agree that the best way to get a Hybrid is on a lease. Most people drive more than a lease will allow though. On a lease the car is not yours, if it is worth more at the end, it is not yours.

A car is not a home or property. You do not buy a car to make a profit. If that was the case I would be talking to you about the Diesel VWs. They are holding their residuals pretty nicely that is if you did not get your head ripped off with the $2,000-2,500 market adjustment all the dealers are trying to get away with.

On your pricing. Did you remember all of the rebates on the Ford and Chevy? Toyota offers $0. Did you remember to adjust the MSRP to compensate for the fact that a Ford or Chevy dealer are willing to discount the Price? A Chevy Aveo's invoice with A/T and minus the $500 rebate is $10,025. A Ford Focus's invoice with A/T and minus the $1,500 rebate is $13,900. The Prius is worth more in 3-4 years because you pay more.

My point was strictly dollars out of pocket on a monthly basis. Not MPGs. Total out of pocket experience.

Thank you for the comment. I had to go verify my figures to make sure I got them right.

Biker2Max read my blog
Jul 16, 2008 | 7:32 AM

I agree speedo on the prius being the best overall purchase. If one is truly looking to save money then none of the three are good choices. The Korean crap are under 10,000 (Rio/Accent) thus matching the Aveo or Focus on mpg. Price only not quality.

b8kedbeans read my blog
Jul 16, 2008 | 12:41 PM

my two ford festivas get about 45mpg

Biker2Max read my blog
Jul 16, 2008 | 1:04 PM

Yep those Festivas were pretty decent little 2 door rides. For a car being around approximately 6 years you still see some today. That little 1.3L engine had a great 2nd gear acceleration.

PSylvester20 read my blog
Jul 16, 2008 | 10:15 PM

I'm waiting to see what kind of maintenace issues arise in the hybrids. Sure, they're great now. They are all new! What happens when you have to replace that battery? What are we going to do with all the old batteries when they're no good anymore?

downtowner read my blog
Jul 16, 2008 | 10:18 PM

My little 1954 Nash metro got around 40 m.p.g.
it cost me $78.00 a year.... 12,000 a year
300 gallon at 26 cents gallon =$78.00
and it was a convertible too












But it run off with a a tractor trailer ...

Exerciser999
Jul 16, 2008 | 10:23 PM

does anyone know if prius has a 20 inch rim option? i might wanna put some spinners on my ride.

Pugman
Jul 17, 2008 | 2:52 PM

I will stick with my 2003 Jetta TDI w/5sp as I am averaging 51+mpg city and 58+mpg hwy. We bought my wife's 2003 Jetta TDI Wagon new Sept. 2002 for $21,500. The 2009's are starting to hit the dealer's and from what I have seen, they are in the $20-23K range.

The best thing is we do not have to worry about replacing those very expensive batteries!

Pugman
Jul 23, 2008 | 3:54 PM

There was a diesel vs Hybrid challenge done out in California! From what I have read, they came out just about equal in the fuel mileage department. Here are the links for those that want to read them.

http://www.king5.com/localnews/stories/NW_071508WAB_toy
ota_jetta_challenge_LJ.59e00247.html

http://www.pnwlocalnews.com/south_king/aub/business/255
75664.html

http://forums.tdiclub.com/showpost.php?p=2215837&postco
unt=47

Exerciser999
Jul 24, 2008 | 9:06 PM

i saw a prius this afternoon with four people in it. the back end of the car was sitting much lower than the front so it may not be a true four person car. and those people didnt look anything large like me.

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ralphieboi1976

I am an self employeed insurance salesman. I am 32 y.o. My partner of 10 years and I live in the heart of S. STL. We are both ex-service members, me Navy, him Air Force.

Member Since: 6/30/2008