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Toyota Camry Hybrid, Toyota Highlander Hybrid, Honda Civic Hybrid, Ford Escape Hybrid, Chevrolet Malibu Hybrid, Lexus RX 400h, Hybrid Cars
#334 of 627 Price cut on Camry Hybrid
Jul 21, 2007 (8:20 am)
Good news...the Camry Hybrid will now cost less.
A recent JD Power finding that hybrid popularity is giving way to more interest in diesel powertrains may have some legs to it after all. Even though gas prices have been hovering above $3 for months, Toyota is still trimming the entry price of its 2008 Camry Hybrid by about $1,000. To help pay for the unexpected price drop, Toyota eliminated standard items like the JBL audio system, leather steering wheel and shift knob, Homelink, and electrochromic mirror with compass. $25,860 will now get you a hybrid powertrain plus steel wheels, and a single CD player, which aren't exactly luxury components. Unless the folks from Aichi, Japan have achieved manufacturing efficiencies from increased hybrid output, this could be bad news for Toyota and the many automakers on the precipice of introducing their own hybrid systems.
#335 of 627 Re: Price cut on Camry Hybrid [moparbad]
Jul 21, 2007 (12:01 pm)
Like the Prius this may be the signal that they are going to ramp up production and aim for a larger group of buyers.
Now that they've hit the 1 Million mark in hybrid vehicles I'm certain that whatever developmental costs they had budgeted are now covered. IF that budgeted cost is now extinguished then it flows to the bottom line as profit or it can be partially used to lower the MSRP.
#336 of 627 $50,000 Prius - Plug it In, Plug it In
Jul 22, 2007 (10:40 am)
Plug In Prius
Want to be the first on your block with a $50,000 Toyota Prius?
Head to Hybrids Plus in Boulder, Colo., and leave your Prius with their technicians. Go skiing or something, come back in three or four days with a check for $24,000 and you will have one of the nation's very few plug-in hybrids that should easily get 100 miles per gallon.
A plug-in is an ordinary hybrid with an electric motor and gasoline engine that has been modified -- usually by upgrading its battery pack or adding more batteries -- so it can go a lot farther on electric power than it normally does. On Thursday, a study funded by the Natural Resources Defense Council and a power-industry group lined up behind advocates in dubbing plug-ins the car of the future, albeit the distant future.
That study said greenhouse gas emissions and domestic oil consumption would drop sharply if plug-in hybrid technology became widespread by 2050. Mass production of the vehicles, however, is years away.
Still, Bay Area Prius lovers can have their very own supergreen car right now -- for a price.
#338 of 627 Re: Price cut on Camry Hybrid [moparbad]
Jul 23, 2007 (6:07 am)
Unfortunately, removing $2000 of options (based on LE price list) when dropping the base price by $1000 sure looks like a $1000 price increase to me. The hybrid premium is going up rather than down.
Since production has been ramping up, we should be seeing a drop in the premium. Maybe the demand is too great so Toyota has no impetus to drop the prices? From what I understand, here in Oregon, the gas Camry isn't the largest selling Toyota -- the Prius is!
#339 of 627 Re: Price cut on Camry Hybrid [talmy1]
Jul 23, 2007 (7:17 am)
I have a feeling, only a feeling, that production capacity of the hybrid components may be limited. The Prius gets first shot at them, then the TCH then the HH. just supposition though.
#340 of 627 Re: $50,000 Prius - Plug it In, Plug it In [moparbad]
Jul 23, 2007 (10:19 am)
$24k is way too expensive. Here's a quote from the CEO of A123 Systems. They are the company developing the battery pack for the Chevy Volt.
After focusing on fleet testing this year, A123systems intends to market the PHEV conversion modules starting in 2008.
It will be certified to meet all applicable new car test standards and will be installed by trained mechanics in less than 2 hours, without any changes to the underlying electronics, mechanics or materially useable space of the production hybrid other than the installation of the plug in the rear bumper.
The applicable market in the US for standard production hybrids will be approaching 1 million through the course of this year. With almost two dozen hybrid models expected by the end of 2008, there will be 5 million standard hybrids on the road by 2010. At an initial 40 mile module installed price of $10,000 supported with a $3,500 tax credit, the payback period for a fleet owner with $3.00/gallon gas is 2.5 years, against an expected life of 10 or more years. The payback period for the average commuter driving 11,000 miles per year would be 5.5 years. These calculations place no value on the net reduction of approximately 100 tons of carbon dioxide and other emissions over the life of the vehicle and take no account of the cost reductions which could accrue from additional materials research and increasing production volumes.
#342 of 627 A cheaper hybrid less configured is still a hybrid
Jul 25, 2007 (5:45 am)
A $1000 savings to get into a hybrid is still a $1000 savings.
Toyota wants to get more people into the hybrid Camry, and lowering the "out the door price" of the base model will help sales.
I can tell you right now that if my base model 2007 would have been $1000 cheaper without the extra frills it would have made my bank account about $1000 happier and I still would have bought the car.
Less focus on whizbang and more focus on the awesomeness of hybridology.
The 50% size and cost reduction Toyota has ordered from the engineers on the hybrid components is not here yet - look for that on the next Gen Prius.
#343 of 627 Re: A cheaper hybrid less configured is still a hybrid [larsb]
Jul 25, 2007 (6:12 am)
The problem as I have read it, the new base TCH costs $1000 less and they removed $2000 in amenities. How is that a good deal? Except for Toyota?