Posted by Cathy F. on July 14, 2008, 5:34 am
The way I read it, I think they were comparing apples & oranges: a Prius & a
regular gas engine Camry, not a hybrid Camry.
Posted by Michelle Steiner on July 14, 2008, 1:10 pm
They were comparing various hybrids to their closest equivalent
conventional car (e.g., a Civic Hybrid to a Civic, a Camry Hybrid to a
Camry, and a Prius to a Camry). Somehow they concluded that a Camry
Hybrid saves more money than a Prius does, when both are compared to a
Donate to the Leukemia and Lymphoma Society; help send Michelle to the marathon.
Posted by Gosi on July 14, 2008, 3:15 pm
When calculating total cost of ownership you need to know the total
life of the car.
You need to know the initial cost, cost of repairs each year, what it
costs to run and how many years it is likely to last.
I am not sure we know what the normal lifespan of a Prius will be.
If we assumes it lasts same number of years as an ordinary car it may
cost more to own.
If it lasts longer it may be cheaper per year to own.
As far as I am told the resell value of the Prius is high which may
indicate that it will last many more year than ordinary cars.
It has less moving parts so it would be natural to assume it to last
much longer and then be less costly per year.
Posted by EdV on July 14, 2008, 4:09 pm
Would you advice a person who drives 90% freeway and 10% city driving
to buy a hybrid? What amount of city driving should one have to even
consider driving a hybrid?
Posted by Cathy F. on July 14, 2008, 4:13 pm
Yes, I would - because people I know who bought a Prius in '04 (or '05?)
were getting 55 mpg on the NYS Thruway.