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The Great Hybrid Battery Debate

669 messages,  Last post on Apr 06, 2009 at 2:32 PM

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#117 of 669
Taxi driver approached 200K miles in 2001 Prius by larsb
Nov 29, 2004 (7:39 am)
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That taxi operator in Vancouver went "almost 200,000 miles" according to this article. If he had battery problems, he never told anyone about it.
 
"That Yellow Taxi May Be Turning Green"
 
By MATTHEW L. WALD (NYT) 522 words
HYBRID cars' first buyers were environmentalists willing to pay extra for a vehicle that was cleaner and more efficient. The next market may be taxicabs.
Andrew Grant, a taxi owner-operator in Vancouver, British Columbia, bought a 2001 Toyota Prius in the fall of 2000, and drove it nearly 200,000 miles before he replaced it with a 2004 model. ''The car actually pays for itself,'' he said."
 
So to say that there are "no" Priuses out there with that many miles is conjecture at most.
 
And remember: there are 1997 model year Priuses in Japan, so those guys could EASILY be exceeding 200K miles if used heavily.
#118 of 669
Re: Taxi driver approached 200K miles in 2001 Prius [larsb] by gagrice
Nov 29, 2004 (7:59 am)
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Replying to: larsb (Nov 29, 2004 7:39 am)

And remember: there are 1997 model year Priuses in Japan, so those guys could EASILY be exceeding 200K miles if used heavily.
 
That is conjecture. Cars in Japan usually rust away before the engine dies. That is why we get all those used engines from Japan.
 
Your example of the Taxi in Vancouver has been covered many times. His is a good example of a good use for the Prius. I have never read anything of any trouble he had, so assume it was a good car. I don't think miles will be the downfall of the battery. I think it will be years of inactivity. We already have cases where people left the car sitting for a few weeks and the battery discharged and was ruined. We have a case where one sat at a dealer for too long and when it was sold they had problems and had to return it. I agree with those that claim IF you keep the battery in a middle range of charge. Not overcharged or run down it will last a very long time. I am not sure that will happen over a 10-15 year period.
 
One final note. A 2002 Prius is currently on eBay with 100k miles. It is currently at $6350. It ends on Dec. 1st. I'll keep you posted as to the final price. I bet it does not reach half of the blue book value because of the mileage.
#119 of 669
Ebay car pricing model is not "TMV" by larsb
Nov 29, 2004 (8:36 am)
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"And remember: there are 1997 model year Priuses in Japan, so those guys could EASILY be exceeding 200K miles if used heavily.That is conjecture."
 
Yes, but it is EDUCATED CONJECTURE rather than a broad generalization. Educated because by doing the math, 7 years since 1997, 28K per year = 200K.
 
"One final note. A 2002 Prius is currently on eBay with 100k miles. It is currently at $6350. It ends on Dec. 1st. I'll keep you posted as to the final price. I bet it does not reach half of the blue book value because of the mileage.-"
 
Sure, any high mileage 2002 car is going to take a BIG HIT. Nothing AT ALL to do with the fact that it is a Hybrid or that it has a battery. I had a 2002 Avalanche with high miles that took a $5000 hit on trade value JUST because of high miles, and it is NOT a Hybrid. That is completely based on uneducated conjecture to assume that it is because of the battery issue.
 
And remember: Ebay is not a good model for selling or buying cars. Look at the Edmunds TMV to get a value based on ACTUAL SALES AT DEALERSHIPS. Ebay car selling is not indicative of real msrket values, usually. You either get a heck of a deal or you pay too much.
 
Lastly: TMV for a 2002 Prius with 100K miles is 12K-16K.
#120 of 669
Prius Research by falconone
Nov 29, 2004 (10:19 am)
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I find it odd that someone who has no interest in buying a Prius does the MOST research on it. Just curious why Gary seems to be so stuck on finding fault with this incredible car.
#121 of 669
Re: Prius Research [falconone] by gagrice
Nov 29, 2004 (12:26 pm)
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Replying to: falconone (Nov 29, 2004 10:19 am)

Just curious why Gary seems to be so stuck on finding fault with this incredible car.
 
Remember I test drove one and liked it back in 2000 when they were selling at $20k. They were also backed by a 100k mile 8 year bumper to bumper warranty. Now you cannot get a straight answer as to what is covered under the mandated CA 150k mile warranty. They are selling for way more than they are worth. There are people on the forum that want to hear the whole story not just the positive aspects of the hybrids.
 
Maybe you can tell us, are you happy with your Prius or are you still kicking tires like most of us this forum.
 
I don't want to buy a car that is worthless after 2 years and 100k miles. Some here think because a car is on a lot for X amount of dollars that is what it is worth. Nothing could be further from the truth. Any car is worth what you can get someone else to pay for it. Does not matter if it is listed on eBay or the Trader. Cars sold in the Trader will never give you the selling price. Last car I bought through the Trader was asking $8k. I gave him $4500 cash and he jumped on it.
 
Edmund's says the eBay car should sell between $15k and $18k. This is on a Toyota dealers lot in Washington DC. So if they don't pull a fast one, to save their butts on this one, we should see what the real value is of a 2 year old Prius with a 100k miles. It is at $6600 right now. If you watched car prices as I do you would see that most of the Prius never get close to the reserve. That is what makes this one unique it has no reserve.
#122 of 669
Re: Prius Research [gagrice] by larsb
Nov 29, 2004 (12:54 pm)
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Replying to: gagrice (Nov 29, 2004 12:26 pm)

Gary, how much credence do you put on E-Bay motors prices versus Edmund's TMV? I think an E-Bay expert like yourself can realize that what I said is mostly true: E-Bay is not a good model for selling a car and CERTAINLY not a good model for Buying a car. Who in their RIGHT MIND would buy a car without seeing it, touching it, driving it first?
 
I think what you said about "a car is worth what you can get someone else to pay for it" is absolutely true. But the fact is that here in the good ole' USA, we have a system called "Blue Book Value" that dictates a car's worth, like it or not, agree with it or not. Smart buyers do not go by prices on a "bad model" like E-Bay. If you want to buy a car unseen, then you are risk taker and deserve to either lose your money or get a good bonus if you find a bargain.
 
Here is my main point, pay attention: "Just because you can get one yokel out of 280 million Americans to sell a Prius for $6600 does NOT MAKE THAT PRICE THE NORM."
 
And my second major point: Any car, Hybrid or not, with 50K miles on it per year WILL LOSE MASSIVE AMOUNTS of value. That is an incredible, unusual amount of mileage that will cause an avalanche of depreciation.
#123 of 669
Re: Prius Research [larsb] by gagrice
Nov 29, 2004 (1:15 pm)
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Replying to: larsb (Nov 29, 2004 12:54 pm)

Gary, how much credence do you put on E-Bay motors prices versus Edmund's TMV?
 
They are both a point of reference. I personally have never bought or bid on a car on eBay. I have friends that buy cars all the time on eBay. It is best to look and drive a car for sure. This particular Prius has my interest because it is on a Toyota dealers lot. Why hasn't he sold it to a local? It is also the first one I have seen for sale with 100k miles. That being the battery warranty for most of the USA, it may be a sale killer. This is a very high mileage car also. 50k miles per year is excessive. I find the book value to be excessive for that amount of miles. How many 2002 Prius have been resold? I think Edmund's TMV is unrealistic. Maybe a 2004 with 100k miles would be worth $13k. Not a 2002 that sold for $20k to start with. I think we agree that 100k miles is near the useful life of many cars. You expect stuff to quit. None of our cars have 100k miles on them and two are 15 years old and the Suburban is going on 7 years old. The only thing I would buy with that kind of mileage would be a classic.
#124 of 669
Re: Prius Research [gagrice] by larsb
Nov 29, 2004 (1:57 pm)
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Replying to: gagrice (Nov 29, 2004 1:15 pm)

Let's attack this like a lawyer would.
 
In light of the IRREFUTABLE fact that high mileage on new cars is a KNOWN resale price KILLER, I present the fact that ANY 2002 vehicle with 100K miles is going to be worth a FRACTION of MSRP, Hybrid or not. Look at ANY of the used car sites, including Edmunds, and find a 2002 with 100K miles and look at the resale value compared to MSRP.
 
And in addition, it is a known fact that ANY car dealer will tell you that when a vehicle reaches that mythical "100,000 mile mark" it's resale value will plummet accordingly.
 
Your hypothesis that the "battery issue" is resale price killer is based on what evidence, other that your assumption?
#125 of 669
by kirstie_h HOST
Nov 29, 2004 (2:14 pm)
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Enough with the ALL CAPS - it really looks hostile, guys. Also, if you're veering off the course of batteries and back to resale values, you know where that conversation belongs.
 
kirstie_h
Roving Host & Future Vehicles Host
#126 of 669
Re: [kirstie_h] by larsb
Nov 29, 2004 (2:39 pm)
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Replying to: kirstie_h (Nov 29, 2004 2:14 pm)

Sorry about that, I often times use all caps to "stress" a word, not to hostile it. I will REALLY try to curtail, but that's my style - see my previous posts.....thanks....

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