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Automotive News & Views Are gas prices fueling your pain? 
10042 messages, Last post on Jul 12, 2008 at 3:07 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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How many of you have seen commercials paid for by some state dept. of tourism promoting a visit to their state? Why are tax dollars being used to encourage people to drive, or fly then drive more? I know - because each state is looking out for its best interest, rather than the country as a whole. Is this local-selfishness good? Why does the government sit idly by and let new homes be constructed with oil-heat if we want to wean ourselves off oil? There needs to be some coordination between these government agencies as it looks like many people are at opposites on setting a goal, and how to get there. |
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Good article in today's WSJ about the shorter payout for hybrids at $4/gallon. Here's the table: 
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Replying to: texases (Jun 12, 2008 8:37 am) If gas is $1 higher next year, that break-even time will be down another 20% - the Prius is under battery pack warranty for 7 years at those mileages in the computation, so that's 4.5 years of half-price gas as payback on a Prius purchase as of next summer... |
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Replying to: texases (Jun 12, 2008 8:37 am) The Honda Civic Hybrid costs $3,000 more than the regular Civic EX. But the chart shows a $3,600 difference on top of the tax credit. You guys can check the msrp on each car for yourselves. After I bought my Civic Hybrid last year for $22,000 plus TT&L, I got a $2,100 check from the IRS. That takes the payback down to about 2 years ..... even less if you drive more than 15,000 miles per year like I do. Those tax credits are smaller this year (or gone, in the case of the Prius), but they still count for something. BTW, I love that 99 year payback on the Lexus LS600H!
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| I drive more like 8,400 miles a year. It would take me much longer to reach the break-even point. At least my two choices - the Malibu and Civic hybrid show a tax credit. | |
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why there's such a large disparity in payback periods with the Malibu hybrid, versus the Aura? Ditto the Yukon and Tahoe hybrids. As for my driving, I'm down to maybe 5,000 per year these days so from a purely economic standpoint, I guess none of the hybrids would ever make sense for me. Unless they start getting to the point that the technology just doesn't boost the price of the car very much. |
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| ...were equal to a pure ICE car, I'd definately get one as long as performance was comparable or better. Like all technologies, hybrid technology will become more affordable until it is the de facto standard or obsolete. | |
...to get the Lexus LS460h. I heard it only gets something like 20 MPG HWY. Geeze, my non-hybrid Cadillac DTS Performance gets 24 MPG HWY. My old Park Avenue will do 29 MPG HWY. Shoot, if the hybrid Lexus is that bad. How lousy is the regular car?
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Replying to: kdhspyder (Jun 12, 2008 6:22 am)
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Replying to: lemko (Jun 12, 2008 10:04 am) No one who buys that car gives a darn about payback. Just like they don't give a darn about payback for their second and third vacation homes, or their 60' yacht, or their villa in the South of France. It's the biggest, baddest, most expensive Lexus. About 1/2 the buyers probably buy it merely for THAT reason alone. |
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