Posted by BobDavis on January 3, 2007, 7:40 pm
Hybrid car cost calculator
Thinking about purchasing a hybrid vehicle? This Department of Energy
site will allow you to compare the lifetime costs and air emissions of
a hybrid to those of a conventional vehicle. It even has data on makes
and models, so you won't have to enter any information.
For example: Compare a 4-cylinder Toyota Prius to a 6-cylinder Ford
Escape. For the Prius, the purchase price is $9,222, with a fuel
economy of 60 mpg in the city and 51 on the highway. The Ford Escape,
at $3,280, gets 18 mpg in the city and 22 on the highway.
Enter your annual mileage (15,000), the lifespan of your vehicle (7
years) and average gasoline cost ($.20). Other factors are resale
value and annual maintenance costs. Enter yours or use the site's
default for your chosen vehicles. In this case, the cumulative cost of
the Prius over seven years was $0,838.30 (taking into consideration a
resale value of $,598.53), while the cumulative cost of the Escape
was $0,914.28 (with a resale value of $,269.98). That's an average
annual savings of $,439.43 and an average per-mile savings of $.10
with the Prius.
Posted by B. Peg on January 3, 2007, 9:43 pm
Seriously, what Ford is worth $,300 in 7 years? None I've ever owned.
Hell, I only got $00 out of a 7 year old Saturn at trade-in. With the glut
of trade-ins and used cars, resale values are way down.
Also, I haven't seen gas down to $.20/gal. in California in a long time.
It's currently about $.40 higher than it was last year at this time.
Locally it is $.63 for reg. and $.09 in Santa Barbara, CA. If you dare
stop in Bridgeport, CA its more likely to be $.99/gallon.
Posted by Michael Pardee on January 4, 2007, 12:56 am
If the calculator is right, I'm more than $000 ahead with the Prius over
the comparable (but downscale) Corolla! Ours is a 2002 model, which was
$0.5K when we bought it.
Of course, that is assuming gas will stay around $.20 for the next ten
years. It will, won't it? When we bought the Prius the comparisons were
being made with gas at $.50.
Posted by Michelle Steiner on January 4, 2007, 4:31 am
I tried to use the calculator to compare the Prius with the Acura that I
had previously, but the calculator does not take into account the
twenty-cent difference between regular and high-test gasoline.
Support the troops: Bring them home ASAP.
Posted by on January 4, 2007, 8:17 pm
How much did it cost you for a brake job? The tranny? Or anything else that
craps out on other cars?