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Paying more than MSRP for (new) Hybrids, Depreciation/Value of used Hybrids - READ ONLY

671 messages,  Last post on Feb 07, 2007 at 1:35 PM

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Messages Page 67 of 68

#652 of 671 Re: By the way ....... [falconone] by roberte1

Nov 03, 2005 (6:37 pm)

Replying to: falconone (Nov 03, 2005 6:29 pm)
Change is coming !!!!! It is called low sulfer fuel . Something that Europe has had for a long time . The US is just behind on desiel techkownlege . Exspect to see a V10 TDI in CA before the end of 2006 .

#653 of 671 And if that wasn't enough by roberte1

Nov 03, 2005 (6:11 pm)

Honda Accord 19.3 Years, Toyota Prius 21.6, and the Lexus RX 400h 23.2 years all at 12,000 miles per year ($3.00 per Gallon) with comprable equipped models . That's comparing the Prius to a Corolla .

#654 of 671 Re: And if that wasn't enough [roberte1] by kdhspyder

Nov 03, 2005 (6:46 pm)

Replying to: roberte1 (Nov 03, 2005 6:11 pm)
Again you need to rethink what you are saying... Prius vs keeping what you have.. the cost differential is infinite..
 
synopsis: Do NOT buy a hybrid only to save money on fuel. Its usually not worth it.. BTW I would pay for the differential in 14 mo's with the driving I do. So it's relative. LOL
 
P.S. The Prius is not in the same class as a Corolla or Civic. They are not comparable as apples/apples. But if you are going to compare it to something you might compare it to a 2.0L Passat.
 
You might be surprised by this little item but the Prius is almost exactly the same size as your Passat.
0.4" difference in wheelbase
more cargo room in the Prius
Passenger room is the same or slightly more in the Prius.
 
Oh and you recover the 'hybrid premium' the instant you drive off the lot. The Prius goes for less.. similarly equippped. YPMV..

#655 of 671 Re: And if that wasn't enough [kdhspyder] by roberte1

Nov 03, 2005 (6:48 pm)

Replying to: kdhspyder (Nov 03, 2005 6:46 pm)
The point is you will never save the money !!!

#656 of 671 Re: And if that wasn't enough [roberte1] by kdhspyder

Nov 03, 2005 (6:52 pm)

Replying to: roberte1 (Nov 03, 2005 6:48 pm)
No it cost a lot LESS to drive a Prius than a Passat. That's the correct comparison.
  
2.0L Passat w/ Navi, no leather ~$29900
HSD Prius w/ Navi, Bluetooth, SKS ~$27300
 
Thereafter every mile you drive the differential gets greater. no brainer

#658 of 671 Re: And if that wasn't enough [kdhspyder] by falconone

Nov 04, 2005 (6:39 am)

Replying to: kdhspyder (Nov 03, 2005 6:52 pm)
I definitely have to agree. Diesel fuel is $0.50 MORE than regular here in these parts!! VW are very high maintenance and cost LOTS to repair. I'd take my chances with the Prius and the nice juicy tax credit plus 150,000/ten yr warranty. Gotta love it!!!!!

#659 of 671 Paying more than MSRP for (new) Hybrids, Depreciation/Value of used Hybrids by misterme

Nov 13, 2005 (11:59 am)

Back to the actual title of this thread, my 2004 HCH has crossed 50K miles. Given it's almost 2 years old I checked the Kelly Blue Book to see how it is holding up.
http://www.kbb.com/kb/ki.dll/ke.kb.sp?kbb&&&usedCars;slp
 
I bought my car for about $18,500 and now it's listed at $16,500, about $2,000 difference.
 
I did a comparison with its nearest sister, a similarly equipped Civic EX. That similarly equipped EX went for about $17,300 at the time.
Kelly lists the same car at $13,300.
 
Both cars 50K miles, excellent condition.
HCH depreciation is about $2,000
EX depreciation is twice at about $4,000.
(Private party sales)
 
The hybrid version of the Civic holds its value twice as well as its non-hybrid version.

#660 of 671 Re: Paying more than MSRP for (new) Hybrids, Depreciation/Value of used Hybrids [misterme] by gagrice

Nov 13, 2005 (3:03 pm)

Replying to: misterme (Nov 13, 2005 11:59 am)
The hybrid version of the Civic holds its value twice as well as its non-hybrid version.
 
The way to find true market value is to ask a dealer what they will give you in trade on a new one. I was told when I thought about trading my primo Suburban in that they never consider a car in Excellent condition. I doubt that Honda will give you KBB wholesale for an HCH. That in light of the fact that Honda is deeply discounting the 2005 HCH cars left on the lots.

#661 of 671 Re: Paying more than MSRP for (new) Hybrids, Depreciation/Value of used Hyb by falconone

Nov 13, 2005 (4:06 pm)

Replying to: misterme (Nov 13, 2005 11:59 am)
The true measure of your statement would be if someone indeed was willing to give you that type of money for the car. As you know, it always makes sense to conduct a private sale instead of trading.

Messages Page 67 of 68

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