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Hybrid Vehicles Toyota Camry Hybrid New Toyota Camry Hybrid Owners - Give Us Your Report
558 messages, Last post on Oct 30, 2009 at 1:05 PM
You are in the Toyota Camry Hybrid Forum. Your Host is pf_flyer
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Replying to: jaxs1 (Apr 04, 2008 9:17 am) They are usually pushing why it's nice to drive the new car. I have had them comment on resale as a selling point of the new car (ex. Honda, Toyota), but not as reason to dump current car.
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Replying to: mikec (Apr 04, 2008 10:27 am) However, the new car will you purchase today will depreciate at a much higher rate than an older will over the same time period, so depreciation cost isn't a savings.
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Replying to: jaxs1 (Apr 04, 2008 10:38 am) In my example, I am not talking the accounting term of depreciation - I am talking the value of the car today on the market vs one year later on the market. Older and more used = less value. |
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I'm considering a TCH, and was wondering how the A/C handles 100+ degree days. How about when you come out to the car after it's been in the sun all day? Any differences?
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Replying to: texases (Apr 04, 2008 12:00 pm)
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Replying to: pgnyc (Apr 30, 2007 5:58 am) This has nothing to do with the valet.
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Replying to: gmyatko (Apr 04, 2008 1:23 pm) |
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Replying to: mikec (Apr 03, 2008 11:19 am) Buy now: Net cost of purchase $16,000 less refund of warranty -$200 Total is $15800. Buy next year: Net cost of purchase: $20,000 Additional maintenance: $2000 Additional Fuel $1500 less refund of warranty $50 Total is $23550 Difference is $7750 But I edited my previous message and it didn't take for some reason. I was generally ignoring your use of "opportunity cost" which distorts the real cost of ownership. Based on "opportunity cost" the lowest opportunity cost when buying new cars is to buy a new car every year (or even more often) because the only cost is the first year of depreciation -- and there is no repair cost on a 1 year old car. But when looked at over time, this is by far the most expensive approach as, for instance, an average 3 year old car is just going off warranty and has a three year depreciation rather than three (much higher) one year depreciations.
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Replying to: mikec (Apr 04, 2008 1:09 pm)
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Replying to: jaxs1 (Apr 04, 2008 2:20 pm)
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