Posted by Mike Rosenberg on January 16, 2008, 1:10 am
> > OK, I'm sure somebody has already done the math. What would the
> > difference between buying a 2008 Corolla with, let's say, 30 mpg for
> > $4,000 or a Prius that gets, let's say, 45 mpg but costs $4,000?
>
> If you're looking at the $4K Corolla, then don't look at the $4K
> Prius. Look at the $1K base model, just like the Corolla is base.
>
> Apples to apples.
Yes, and then one also has to factor in how much the car will be driven.
The more miles driven annually, the more sense the Prius makes.
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Posted by Bob & Holly Wilson on January 16, 2008, 7:29 am
>
> > OK, I'm sure somebody has already done the math. What would the difference
> > between buying a 2008 Corolla with, let's say, 30 mpg for $4,000 or a Prius
> > that gets, let's say, 45 mpg but costs $4,000?
>
> If you're looking at the $4K Corolla, then don't look at the $4K
> Prius. Look at the $1K base model, just like the Corolla is base.
>
> Apples to apples.
A used Prius ofters a lot of life with a significant reduction in
purchase price. In 2005, I bought a 2003 with 49k miles for $7.3 when
new Prius were still having a $k 'dealer profit' added to the purchase
price.
GOOD LUCK!
Bob Wilson
Posted by Michelle Steiner on January 16, 2008, 4:41 am
> OK, I'm sure somebody has already done the math. What would the
> difference between buying a 2008 Corolla with, let's say, 30 mpg for
> $4,000 or a Prius that gets, let's say, 45 mpg but costs $4,000?
> Would it ever be more cost effective to buy the Prius? Please tell
> me yes and in a short time because I really like the Prius.
Seriously, if the only reason you want to buy a Prius is to save money,
don't get one. If my math is correct, you would have to drive 50,000
miles at $.00 a gallon to break even.
However, if you want to conserve fuel and reduce pollution, then buy the
Prius.
--
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Posted by Elmo P. Shagnasty on January 16, 2008, 11:13 am
> Seriously, if the only reason you want to buy a Prius is to save money,
> don't get one. If my math is correct, you would have to drive 50,000
> miles at $.00 a gallon to break even.
So? Do you think people don't drive 50,000 miles?
AFTER the 50,000 miles, the savings start (and that's at current gas
prices, right?) Are you thinking that people don't keep cars more than
36,000 miles? That's ridiculous.
Posted by richard schumacher on January 16, 2008, 4:56 pm
>
> > Seriously, if the only reason you want to buy a Prius is to save money,
> > don't get one. If my math is correct, you would have to drive 50,000
> > miles at $.00 a gallon to break even.
>
> So? Do you think people don't drive 50,000 miles?
>
> AFTER the 50,000 miles, the savings start (and that's at current gas
> prices, right?) Are you thinking that people don't keep cars more than
> 36,000 miles? That's ridiculous.
Nota Bene: Michelle Steiner knows a lot more about cars and
microeconomics than do the great majority of posters. She was merely
providing one datum for comparison.
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> > difference between buying a 2008 Corolla with, let's say, 30 mpg for
> > $4,000 or a Prius that gets, let's say, 45 mpg but costs $4,000?
>
> If you're looking at the $4K Corolla, then don't look at the $4K
> Prius. Look at the $1K base model, just like the Corolla is base.
>
> Apples to apples.