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Old 01-07-2006, 03:01 PM   #1
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I was told there are 2300 to 2400 toyota dealerships in the US?

Taking the number of 2300.... lets take 60000 cars to be sold before the credit dwindles, divided by 2300, and that equals 26 cars sold average per dealer to reach that figure.

I know some dealers are very small and some are big, but does anyone have any better definative numbers on how soon the numbers of cars sold will hit 60000?

Does anyone know how many prius's were sold last year?.... the number should maybe double this year?
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Old 01-07-2006, 03:06 PM   #2
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Quote:
Originally posted by windstrings@Jan 7 2006, 03:01 PM
I was told there are 2300 to 2400 toyota dealerships in the US?

Taking the number of 2300.... lets take 60000 cars to be sold before the credit dwindles, divided by 2300, and that equals 26 cars sold average per dealer to reach that figure.

I know some dealers are very small and some are big, but does anyone have any better definative numbers on how soon the numbers of cars sold will hit 60000?

Does anyone know how many prius's were sold last year?.... the number should maybe double this year?
[snapback]185457[/snapback]
This might be of help
http://pressroom.toyota.com/Releases/View?...YT2006010484765

I have wondered the same thing.
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Old 01-07-2006, 03:13 PM   #3
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Quote:
Originally posted by GreenMachine@Jan 7 2006, 01:06 PM
This might be of help
http://pressroom.toyota.com/Releases/View?...YT2006010484765

I have wondered the same thing.
[snapback]185463[/snapback]

Yea.. a copy from that link.....
Quote:
The Prius gas-electric hybrid posted best-ever December sales of 9,027 units, an increase of 43.6 percent over the same period last year. Year-end Prius sales reached 107,897 units, up 100.5 percent over 2004.
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Old 01-07-2006, 03:20 PM   #4
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I know this has been talked about extensivly, but here is a copy of the rules...
http://hybridcars.about.com/od/news/...dtaxcredit.htm

Reading from here.. once they hit 60000, it then becomes "time sensitive" rather than numbers?.... they say they will honor 100% for the first quarter after they hit that mark... here is a copy.

Quote:
Hybrid Car Tax Credit Phase-Out Details

    * Beginning January 1, 2006 and up through the quarter that the automaker sells 60,000 hybrid vehicles, 100% of the credit is allowed.
    * 100% of the hybrid car tax credit continues for the next consecutive quarter.
    * The next two quarters after that, the tax credit is reduced to 50% of the original hybrid car tax credit.
    * Then, for the next two quarters after that, the tax credit is reduced to 25% of the original hybrid car tax credit.
    * Finally, the hybrid car tax credit for that automakers’ hybrids drops to zero.
So once we hit 60K, we are good for one more quarter, then it drops to 25%.... does this about talley it up?...

If this is true, now all we have to know is "when" they hit 60K?

If they only sold 10K in December.. at that rate, it would take 6 months to hit 60K, then one more quarter, so we should be good till about the 3rd quarter of the year?
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Old 01-07-2006, 03:23 PM   #5
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well there are 27 Toyota dealers in WA

23 in Oregon... that would seem to make the "average" be about 12-1500 for the country. obviously CA would have more, but i can easily see several states that would have much much less. so i think i would have to double check that figure you have.

couple things to look at. on the "official" Toyota dealers list for both states, there is double listing for what seems to be a single location. maybe your figures are a bit inflated...

from WA state;

I-5 Toyota
1500 Nw State Avenue
Chehalis, WA 98532
Phone: (360) 748-3355
Fax: (360) 748-4947

James Hill Toyota
1500 Nw State Avenue
Chehalis, WA 98532
Phone: (360) 748-3355
Fax: (360) 748-4947
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Old 01-07-2006, 03:50 PM   #6
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Quote:
Originally posted by windstrings@Jan 7 2006, 03:20 PM
I know this has been talked about extensivly, but here is a copy of the rules...
http://hybridcars.about.com/od/news/...dtaxcredit.htm

Reading from here.. once they hit 60000, it then becomes "time sensitive" rather than numbers?.... they say they will honor 100% for the first quarter after they hit that mark... here is a copy.
So once we hit 60K, we are good for one more quarter, then it drops to 25%.... does this about talley it up?...

If this is true, now all we have to know is "when" they hit 60K?

If they only sold 10K in December.. at that rate, it would take 6 months to hit 60K, then one more quarter, so we should be good till about the 3rd quarter of the year?
[snapback]185479[/snapback]
A lot of us did not buy in December because of the tax credit. I bet January will be double what it was last January. February should even back out to the curve.
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Old 01-07-2006, 04:09 PM   #7
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Quote:
Originally posted by GreenMachine@Jan 7 2006, 01:50 PM
A lot of us did not buy in December because of the tax credit. I bet January will be double what it was last January. February should even back out to the curve.
[snapback]185494[/snapback]
Excellent point!..... and it could escalate from then on!... at least until the credit peters out, then may even off.
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Old 01-07-2006, 04:27 PM   #8
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Quote:
Originally posted by windstrings@Jan 7 2006, 03:20 PM
I know this has been talked about extensivly, but here is a copy of the rules...
http://hybridcars.about.com/od/news/...dtaxcredit.htm

Reading from here.. once they hit 60000, it then becomes "time sensitive" rather than numbers?.... they say they will honor 100% for the first quarter after they hit that mark... here is a copy.
So once we hit 60K, we are good for one more quarter, then it drops to 25%.... does this about talley it up?...

If this is true, now all we have to know is "when" they hit 60K?

If they only sold 10K in December.. at that rate, it would take 6 months to hit 60K, then one more quarter, so we should be good till about the 3rd quarter of the year?
[snapback]185479[/snapback]
Don't forget to count the Highlander and Lexus hybrids. They are all added together, so Toyota will probably reach 60,000 vehicles sometime in Q2 2006. That would mean the full credit should be available through Q3. Q4 should be 50%, then at some point it'll go to 25% and then zero. I'm not sure what the reduction schedule is but it's pretty quick.
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Old 01-07-2006, 05:19 PM   #9
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There is good coverage of this in the Phase-out_of_the_hybrid_tax_credit section of the Toyota_Prius_FAQ along with the ASE.org - Alliance to Save Energy - Phase-out of the hybrid tax credit link.
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Old 01-07-2006, 06:09 PM   #10
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Quote:
Originally posted by Kiloran@Jan 7 2006, 05:19 PM
There is good coverage of this in the Phase-out_of_the_hybrid_tax_credit section of the Toyota_Prius_FAQ along with the ASE.org - Alliance to Save Energy - Phase-out of the hybrid tax credit link.
[snapback]185554[/snapback]
Very good info there. Thanks.

But I doubt that Toyota will sell 60,000 vehicles in Q1. Even if demand goes up because of the tax incentives (or anything else for that matter), Toyota is already selling Hybrids as fast as they can make them and I have not heard of plans for any significant increases in production. The Camry hybrid probably won't be available until Q3 or Q4 so that won't affect the schedule.
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