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Prices Paid: Buying & Leasing Experiences Toyota Prius Prices Paid and Buying Experience
1691 messages, Last post on Aug 16, 2008 at 11:53 PM
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Replying to: anttrouble4 (Jun 10, 2008 6:42 am) At 15,000 miles a year at EVEN A WHOPPING $7.00 per gallon of gas, that would mean.... Yaris $3,387.10 Prius $2,282.61 WOW!!! WATCH OUT BILL GATES, WE HAVE AN ANNUAL SAVINGS OF $1,104.49 IN GAS MONEY!!!! 5 year loan at 6% plus 8% sales tax for $27,000 Prius = $563.74 per month 5 year loan at 6% plus 8% sales tax for $14,000 Yaris = $292.31 per month Prius costs $271.43 more per month but saves only $92.04 in gas money AT $7 PER GALLON!!! That's a NET LOSS of $179.39 per month for 60 months = -$10,763.40 FOR THE ENTIRE LOAN. HMMMM...WE COULD BE INVESTING THAT $179 PER MONTH AND MAKING MONEY (MORE ON THIS LATER). The media has brainwashed us (except me) into thinking we must all drive a Prius. Again, these numbers were assuming $7 GAS. It's realistically even sadder for the Prius assuming $4-$5 per gallon. And since it's now 2013 after you pay off the loan, the market is now flooded with the Prius and other Hybrids and 40-50MPG vehicles, you can bet that resale values after 5 years are NOT going to make up for that almost $11,000 LOSS. Plus, as I said earlier, if you had invested that $179 you would have saved per month with the Yaris, even at 5% gains you would have a small fortune which would be impossible for the Prius' resale value to compare to.
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Replying to: chuck68516 (Jun 10, 2008 8:54 pm) As a positive to Prius you need to consider the difference in resale between Prius and Yaris. As a negative to Prius you need to consider battery expenditure. I've long thought the same about Prius vs. small conventional car. But I think we're now pretty close to Prius becoming the more economical choice. The trick is in predicting resale and gasoline prices 5 years out. However, if you research Toyotas sold elsewhere youll find the 1.0 liter, 67hp Aygo sold in UK, toyota.co.uk, gets the same mpg as Prius and costs less than half as much with similar features. It's smaller and goes 0-60 in 14 seconds vs. Prius' 10 seconds, but they are both rated about 100mph top speed. The Aygo gets better mpg than Prius at highway speed. Now those are the numbers that are hard to dispute. Contact Toyota customer service,http://www.toyota.com/help/contactus.html, and tell them to bring the Aygo to the US. Tell them you'll buy a Honda Fit if they bring it over with 1.0 liter, 67hp. Then contact Honda and tell them you'll buy a 1.0 liter Toyota Aygo if they bring it first. Tell them you're putting off buying a car until that day. I'm tired of marketing execs thinking Americans are power-addicted brutes (even if most of us actually are).
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Replying to: anttrouble4 (Jun 10, 2008 6:42 am) |
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Replying to: sewkap (Jun 08, 2008 10:47 am) |
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I'd like to know what some of you are paying for an extended warranty for a new 2008 Prius Touring with Package 6. Thank you in advance for your help.
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Replying to: syinsd1 (Jun 11, 2008 9:43 am)
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Replying to: 3c3 (Jun 11, 2008 10:18 am)
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Replying to: syinsd1 (Jun 11, 2008 9:43 am) Tip: Get a quote for the warranty but decline it saying you'd do it for, say, $1100. Finish the contract on the car. At settlement time they'll offer you the deal again, probably at or near your price. That's what happened to me. Saved over $1,000 from the initial quote. I am delighted with my warranty and feel certain it will more than pay for itself when I go to sell the car before the warranty is up as mine is transferable one time.
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Replying to: bob104 (Jun 11, 2008 3:20 pm) |
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Replying to: bob104 (Jun 11, 2008 6:26 am) Some of you guys are way too pessimistic. Gas will not be over $10 per gallon in our lifetime. There's no way. It's a media fear tactic. It's just a fairytale just like Y2K, imminent nuclear war, acid rain, the ozone layer, etc. If you look back at history you will see all the "for sure" disasters that were supposed to have happened. |
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