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Automotive News & Views GM News, New Models and Market Share
8631 messages, Last post on Dec 06, 2009 at 6:18 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: circlew (May 23, 2009 5:47 am) Right, and no one else bought it either right? Because there is no emotion involved in buying a car, its all about the most practical cheapest way to get from point A to point B... The Prius vs. the Volt would be the same argument. That's all I'm saying. But its not the same argument, people aren't buying a Prius to save money. People are buying it because it's "Green." And you know what, Gd bless them for it. If that is how they feel they are helping the environment driving around in an underpowered floaty penalty box, thats awesome. |
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Replying to: bpizzuti (May 23, 2009 5:53 am) The payback on a Prius when it came out was in the decade range, and only dropped now because of the "assumed resale value," which has plummeted as gas went down again. The Prius was also half the price they're threatening to sell the Volt for, before any rebates. The Prius was always targeted to be a volume vehicle with a volume pricetag. The Volt, at $40k....isn't. The Prius was priced at the max someone would pay for an underpowered sub-compact. The Volt is closer to the Tesla than the Prius - its a BEV with an on-board generator. |
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Replying to: lilengineerboy (May 23, 2009 8:59 am) Remember, you like dealing with facts. Most did buy Prius because of financial rather than "green". That's why sales peaked during the previous energy price spike. Unlike classic technology “early adopters,” people who purchased Prius automobiles did not feel that they paid a premium for the privilege of owning an environmentally friendly car. While the environmental benefits were a major consideration for them, they also saw clear financial benefits from their purchase, says a new study, Why People Really Buy Hybrids, by Topline Strategy Group. I'll try to help you stay on track as the cost is EXACTLY what is top priority in each Hybrid segment vs. the ICE equivalent. When cost parity is reached, Hybrid sales will exceed the oil burners. Plug-in is going to take even longer to make a great financial case unless we get back to >$5/gal. gas. The point is, past attempts by Detroit regarding fuel efficiency were feeble at best and shows they were asleep at the wheel as the Asians spanked their pants (and market share) off! Just trying to keep it real.  Regards, OW
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Replying to: lilengineerboy (May 23, 2009 9:03 am) The Prius and the Insight will rule for the foreseeable future until the skeleton of Detroit morphs into a strong technology-based auto industry here in the USA. At the end of the day, the Volt would have NEVER saved GM. Another pie in the sky advertisement to promote a failed brand. Nice try. Regards, OW
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Replying to: lilengineerboy (May 23, 2009 8:59 am) There is no emotion such as desire with most of the vehicles on the market now, let alone a Highlander. If the Hybrid saves you pulling out of the Dealer on day one, it leads sales. Not going to happen and parity after 10 years will not work in this economy. Prius and Insight win on that score. Wherever you been?? It's the point A -B thing these days. As the big oil guys continue to rule the landscape, all emotion is removed unless you could care less about spending more on gas then your rent. There is plenty of emotion in the performance/luxury segment if that's what floats your boat. Regards, OW
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Replying to: nvbanker (May 21, 2009 8:19 am) |
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Replying to: gagrice (May 23, 2009 5:32 am) That's the most accurate and concise encapsulation of this situation I have yet seen. Hear hear! |
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Replying to: lilengineerboy (May 23, 2009 5:24 am) By selling 1 in 4 vehicles world wide until 2 years ago... Yeah, selling at wholesale prices and wholesale quality, don't forget the details. And getting confused with the banking industry... Nope. They deserve to be placed in the same pits of hell. What's so confusing about it? |
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it turns in to a Socialist idea, that we all should care enough to want to keep GM running if nothing else but to save GM and Chrysler jobs. Ford seems to have totally righted itself. The new Ford Fusion Hybrid and it's 81.5mpg run the other day is absolutely incredible and got my attention. I have put the Ford Fusion Hybrid in third place on my "green" car list. 1) 2010 Mitsubishi i-MiEV 2) 2011 BYD e6 3) 2011 Ford Fusion Hybrid |
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Replying to: lilengineerboy (May 23, 2009 5:29 am) The payback on a Prius when it came out was in the decade range, and only dropped now because of the "assumed resale value," which has plummeted as gas went down again. Of course I'm right.  Prius owners buy them just to be green, there's no financial purposes there, right? I'd say it's true for original Prius, but at roughly 25k the roomy 2nd gen and current model are just as practical as they are green . And I don't make my calculations based on resale value, in fact I never put them into consideration at all. Remember this one point carefully: at least a Prius doesn't cost almost $40k.
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