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Hybrid Vehicles Hybrids - News, Reviews and Views in the Press
567 messages, Last post on Oct 30, 2009 at 9:21 PM
You are in the Hybrid Vehicles Forum. Your Host is pf_flyer
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Thanks for pointing out that just like MPG in reality, the expectation of higher hybrid option cost is too high. Is the diesel option on passenger cars $2800? Not usually. Just like the hybrid option for cars is nowhere near $5250. This is a study which measured PRICE AND MPG EXPECTATIONS, not reality. |
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Replying to: moparbad (Jul 30, 2007 1:33 pm) Answer: Yes, because: 1. they are taxed in a higher bracket and get to keep less of their money percentagewise, 2. they are closer to retirement (55) and therefore are most likely in SAVE SAVE SAVE mode by age 55, 3. as you enter higher income brackets, the cost to live your accustomed lifestyle goes up, 4. tax incentives for hybrids benefit the $30K family just as they do the $100K family, 5. some people (incorrectly so in my estimation but this is true nonetheless) use the tax break as a dealbreaker on what car they buy and end up buying the cleaner emission hybrid, which is good for all of us. If tax breaks for gasoline/electric hybrid can stimulate 250,000 buyers a year, then maybe tax breaks for plug-in hybrids can stimulate even more clean car purchases.
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Replying to: larsb (Jul 30, 2007 2:31 pm)
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Replying to: tpe (Jul 30, 2007 3:06 pm) I have no idea why the Hollywood set is pushing for tax credits on PHEVs. There are NONE for sale in the USA.
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Replying to: gagrice (Jul 30, 2007 8:42 pm) Let me 'splain it to you: They are getting ready for the inevitable, which is PHEVs for sale in the USA. And you know very well that as long as things take in Congress, starting this early is a good idea. Whether it's the Hollywood set, the Green Bay set, the New York City set, or the BumFrap Louisiana set, we should be glad that someone is laying the groundwork for trying to get the PHEVs out of the gate fast when they do become available.
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Replying to: gagrice (Jul 30, 2007 8:42 pm) Using the word 'mostly' makes this an exageration, except that it might be true in SoCal. If definitely is not true in the working middle class/military area of SE VA and N Carolina where a $50-$100K family income is predominant. As you know all generalizations are wrong. 
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Replying to: kdhspyder (Jul 31, 2007 6:02 am) Are you going to try and tell this forum that the tax incentives did not benefit the dealers more than the buyers? |
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Replying to: larsb (Jul 31, 2007 5:24 am) Maybe in your mind it is inevitable. Until a reasonable storage device is invented, they and mainstream EVs are not inevitable. We had a $4000 tax credit until the end of 2006 on EVs. The major recipients were those that bought golf carts. It was based on the new cost. That was a waste of legislative energy just as the PHEV tax credit will be. Not to mention the wasted tax dollars.
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Replying to: gagrice (Jul 31, 2007 7:13 am) But tax credits for a road-viable PHEV which can be used for a commute by hundreds of thousands of US citizens is NOT a waste of tax dollars. If Toyota can do a PHEV Prius for less than CalCars, say only by 20% less, that puts the Plug-in option at about $10K. If the govt could tax credit half of that 10K, then it would certainly hasten development and increase sales. I know I'm going to be a customer for the first PHEV that comes on market, and I pay my taxes. So any tax break I get for being an early adopter I will be happy to get. |
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Replying to: gagrice (Jul 31, 2007 7:05 am) However in more competitive areas such as the Middle Atl states where Prius were/are going for $200 over invoice( ! ) the tax benefit is far more beneficial to the buyer and to Toyota than to the dealer. Here on the EC a dealer selling at $200 over invoice might make $600 total from which he has to pay a salesperson $100. The buyer who previouisly got a $3100 tax benefit was by far the winner. It also allowed Toyota to sell more and recover development costs quicker. In this regard, at least here, the program worked to perfection benefitting the two parties having the risks. Even at the current reduced credit of ~$790 the greater benefit is to the buyer..and the manufacturer. Yes in this area that is exactly what I'm telling this forum.
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