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Hybrid Vehicles Toyota Prius Help me understand the value of the hybrid.
38 messages, Last post on Sep 11, 2008 at 8:55 PM
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Replying to: kenlw (Aug 28, 2008 11:47 am) As an engineer you will appreciate the significance of the following data points.... In 41 states, soon 40, the hybrid warranty is 8 yrs or 100,000 miles. In 9 states, soon 10, the hybrid warranty is 10 yrs or 150,000 miles. Toyota has benchtested the HV batteries to 180,000 miles ( 20% longer than the longest warranty ) and found no deterioration in the HV battery system. It's statement is that the battery packs should last the life of the vehicle under normal conditions. The DOE at the direction of the Fed govt is in the process of testing all hybrids on the road. Idaho National Labs is doing these tests in real world conditions to 160,000 miles. The early tests on the first ones are done with no detrimental deterioration of the batteries. The Fuel economy is even improved somewhat. The Prius is THE No 1 most reliable vehicle in its class in both CR and JD Power's annual surveys. The Camry Hybrid is No 4 in the class. Your resale comment is speculation at best. There is no proof of that whatsoever. In fact the Prius right now today is by far the best vehicle in holding its resale value. This is not a joke but you can sell a 1 y.o. used Prius for well above the MSRP of a new 2008 Prius. It's currently happening hundreds of times a day. A lot of your opinions are unfounded fears from early in this decade. You might want to bring yourself up to date. Keep current ( ewwww) on the engineering validations and the increasing body of date being formed by over 1 million of these vehicles now in NA. |
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Replying to: klas (Aug 28, 2008 12:53 pm) Personally I moved from a comfortable 4c Camry to a Prius. Since I drive 35000-40000 miles annually there is no comparison between the two. At the end of my 6-7 yr ownership at about 250,000 miles I will be well over $10000 ahead of the game a safer vehicle with more features. So there is a personal benefit. Many of the owners I know also drive huge miles each year. A friend who also posts here is now at 210,000 miles in 4.5 yrs ( it's his office ) and will reach 250,000 miles when the next Gen 3 arrives next summer. That will be his third Prius. He's made a HUGE amount of money billing his mileage at the IRS rate while paying far less than that in actual outlays. There is definitely personal benefits to be found for yourself. You need to open your mind somewhat. |
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kdhspyder: a 1 yr old Prius is not anywhere near the 100k mark.
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Replying to: kenlw (Aug 29, 2008 6:24 am) Now if you want to do a comparison of like vehicles, hybrid and non-hybrid... use a 2004 Prius and its non-hybrid sibling the Matrix. Or take a 2002 Prius and compare it to a 2002 Corolla. At average miles and average condition the Prius holds more value than either one. That old 'flat worlder' fear of battery-life just isn't supported by actual facts. It doesn't fly for 1-y.o. vehicles, 5-y.o. vehicles or 7 y.o. vehicles. In fact according to both Toyota and the DOE hybrids ( all of them ) perform the same or better at 160,000 miles as does a new vehicle. Another unfounded misconception is put to rest. |
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| I am considering an '07 Camry Hybrid with 42K. Toyota's warranty is 10 yr/100k on the battery pack. I am concerned that at nearly half of the 100k has already been used up and then what would I face as the packs are expensive?? | |
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Replying to: bob204 (Sep 03, 2008 12:45 pm)  The point is, just because the warranty is only 100k miles doesn't mean the battery won't last much longer than that. |
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Replying to: bob204 (Sep 03, 2008 12:45 pm) The CARB state warranty is 10 yrs / 150,000 miles The rest of the country gets an 8 yr / 100,000 mile warranty. As backy noted above, end of warranty doesn't automatically mean replacement. Most Toyota and Honda and Nissan and now Hyundai vehicles have Powertrain Warranties that end at 60,000 miles but nearly all of them are good for 150,000 to 250,000 miles. YMMV. In fact Toyota has stated that their replacement rate on the hybrid batteries is about 1 in 40,000 or 0.003%. In other words almost none. |
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Replying to: kdhspyder (Sep 03, 2008 3:08 pm) Maybe you should check your data also.
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Replying to: backy (Sep 03, 2008 7:01 pm)
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Replying to: kdhspyder (Sep 03, 2008 8:05 pm) |
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