'10 Prius Lowest Cost of Ownership?

I'm looking at the little chart on Automobilemag.com ( 2010 Toyota Prius II Hatchback Ownership Costs & Maintenance at Automobile Magazine) and so far out of all the cars I've looked at, it has the 2nd lowest COO.

Here are the numbers:

Prius II - $24,479
Fit Sport - $24,990
Fit base - $23,645
Insight EX - $27,192
Civic LX - $26,538
Corolla XLE - $26,241
Accord LX-P - $32,471

Not bad...

That fits in very well with what I expect. I'm going to be buying my Prius next month, trading up from a Corolla. The Corolla has been an excellent car, very reliable, but I'm convinced to make the $3500 jump in MSRP up to a Prius because I'm confident it will come back to me in trade-in value and gas savings.

The Corolla was no slouch, getting an honest 40mpg in mostly highway driving, but if I can get 50+ from the Prius, it's a no-brainer.

My Prius has definately cost me less in overall ownership than any of my previous vehicles in terms of everything but initial cost.

The COO on the 2010 will take a few years to be determined since it is a new model and there may be quirks/bugs that show up later on.

Where's Art Spinelly when you need him ... shouldn't he be continuing to rant how the Hummer has the lowest C.O.O. ? Or is it because GM is bankrupt, that no more spin money is available ...



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