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The PIP will lose market share in 2013 to the VOLT and be overtaken by the Tesla

Discussion in 'Gen 1 Prius Plug-in 2012-2015' started by JMD, Feb 4, 2013.

  1. JMD

    JMD 2012 Prius 4 Solar Roof

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    GMAC Mortgage. If GM just stuck to the knitting.
     
  2. JMD

    JMD 2012 Prius 4 Solar Roof

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    Looks like in 2014 or 2015 the next Gen Volt will come out. Any thoughts on what it will include?
     
  3. John H

    John H Senior Member

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    I just want it to have a 6.6kW charger. I'm ok with the Cadillac version having more swag and power.
     
  4. Smurf1000

    Smurf1000 Junior Member

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    Interesting....

    Perhaps Toyota learned something from GM and Nissan about which markets are worth it and which ones are not...
     
  5. John H

    John H Senior Member

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    trying to not sound like a PiP basher (but it will sound that way anyway) I think the PiP is only appealing to Prius owners that want a HOV sticker.
     
  6. Smurf1000

    Smurf1000 Junior Member

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    That still remains to be seen. GM's opinion with Volt Gen 1 was that the US charging infrastructure is insufficient and that most charging would be at home. It is questionable whether enough has changed in 4 years to make GM change their mind.
     
  7. JMD

    JMD 2012 Prius 4 Solar Roof

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    The sticker is only good for 2 years in Cali I heard.

    I'm the biggest PIP fan out there and my initial thought was for a 10 mile range and the hassle of being a slave to the plug it ain't worth it. 10 miles is nothing for me. 40 mile range now that is good. The Gen 4 Pip will have an extended range at the same price point Is my prediction. Thinking 25-40 miles and greater speed above 62 MPH. Wireless charging option and 75 MPG on the hybrid side.
     
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  8. Smurf1000

    Smurf1000 Junior Member

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    I do not know.

    What the heck is wrong with doubling your mileage? (Something a lot of PIP drivers are doing)

    My buddy doubled his mileage going from Prius to PIP, and he does not live in a state with HOV stickers for the PIP.

    Even as a Volt owner I have to see that we are making "significant" improvements in mileage in the PIP. That is worth the extra money in my opinion...
     
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  9. John H

    John H Senior Member

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    I agree, the existing charging infrastructure is the 120V outlet in the garage, and it also happens to be off-peak. I would be happy if the 6.6kW was a $1000 upgrade option.

    opportunity charging at 20 miles of EV per hour would bump me from 85% EV to 95% EV and increase my daily EV range to 100+ for the same 14 cents per day.
     
  10. JamesBurke

    JamesBurke Senior Member

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    Ditech, based in Costa Mesa, California,[1] was a lender, offering mortgages and lines of credit as a member of Ally Financial, specifically GMAC ResCap (GMAC) which purchased Ditech from its private owner in 1999. The company's name is a portmanteau derived from the phrase DirectTechnology.[2]
    In late 2006, a controlling interest(51%) of GMAC was acquired by private equity outfit Cerberus Capital Management. As of 2008, Ditech is part of Residential Capital, LLC (also known as "ResCap") which includes ditech and several GMAC-branded lending businesses. Ditech opened in 1995 and is based in Costa Mesa, Orange County, California; several significant firms in the mortgage lending and mortgage brokerage industry are based in Orange County.

    Former GMAC puts mortgage unit in bankruptcy
    Ally Financial, the former GMAC, which still owes taxpayers about $12 billion $17.2 billion in loans it got as part of the General Motors and Chrysler bailouts, has nudged its home mortgage subsidiary into bankruptcy court to try end the drag of its toxic mortgage assets on Ally's profitable businesses, such as car loans and direct banking (ad above).
    Taking ResCap into bankruptcy carries political implications because it's a part of the auto bailout that didn't turn out as planned. The government still owns 74% of Ally, and it's repaid only $5.5 billion of $17.2 billion it got in the bailout so it could keep offering car dealer and buyer financing for GM and Chrysler. Ally received more than twice the taxpayer help as Chrysler.
     
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  11. JMD

    JMD 2012 Prius 4 Solar Roof

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    The heat is on for Toyota.
     
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  12. JMD

    JMD 2012 Prius 4 Solar Roof

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    What a train wreck.
     
  13. JamesBurke

    JamesBurke Senior Member

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    I'm still wondering what was lost at Newark because of Sandy. How many Pip?
    What will be the reaction if a significant number of buyer's find out they can't use all the Fed tax credit particularly the $7,500 credit.
    The Pip is still the only versatile friends and family model out there. The rest are either big boy toys or commuter curio's.
     
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  14. 3PriusMike

    3PriusMike Prius owner since 2000, Tesla M3 2018

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    For me, I get 13 to 16 miles per charge, and it covers 100% of my daily commute. Since I charge at work I could have twice the commute miles and still get 100% of my miles on EV.
    If you look at the numbers, a lot of people are in this range.

    However traditionally Prius owners, probably have longer than average commutes, and thus the desire to save on gas costs.

    Mike
     
  15. JMD

    JMD 2012 Prius 4 Solar Roof

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    Then why are sales so disappointing ?
     
  16. Zythryn

    Zythryn Senior Member

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    I'm guessing here, that it is because Mike is one person, not the market at large.
    This is a great example of someone finding the right car for their needs.
    I am surprised he never hits 62mph in Silicon Valley. However, if the PiP fits his drive that perfectly, more power to him:)
     
  17. dmaxwellh

    dmaxwellh New Member

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    or those of us with 5-7 mile commutes! :)
     
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  18. bzyrice

    bzyrice Active Member

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    The PIP fit our situation as well.. My wife works less than 3 miles away.. Never needs to fill up.. When we traded our 2011 Prius in for the 2012 the way the numbers worked we were making the same exact payment.. It was a no brainer!!

    I also took a look at the tesla and the volt. These were my conclusions.. Tesla would take to long to get. Hated te volt rear seats.. Prius just fit in what we needed.
     
  19. john1701a

    john1701a Prius Guru

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    It's easy to avoid that by including data with the comment. Heck, I could make the very same statement about Volt, since we did indeed see a surge in sales in CA when the HOV model was introduced there.

    Knowing how much Prius owners want more electric-only driving opportunities, more electric-only power, and a plug from countless discussions in the past, without any reference to HOV, that "only appeal" comment doesn't hold much water. Do some searches on the EV button. You'll find an abundance of examples.

    We even had a number of threads & surveys discussing how much that battery & plug augmentation should cost. The merits of keeping cost in check verses offering lots of capacity generated lots of participation. It was a very popular topic prior to PHV rollout.

    Now that there are PHV owners sharing detail of their ownership experiences, commenting on a wide variety of observations, interest is growing. Look at the volume of activity in the plug-in section of the forum. HOV rarely gets mentioned. It's obviously helps justify the purchase, but how many of the 15 initial rollout states even offer that?

    Lastly, think about how many Prius fence-sitters there have been, those who found Prius appealing but wanted a little bit more from the electric side. That increase in battery-capacity with the addition of a plug as a reasonably priced package option, could prove just enough to push them over the edge.
     
  20. RBooker

    RBooker Member

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    The market share of the PIP and all members of the Prii family will depend on whether the competition and build a cost effective platform for their vehicles that also appeals to consumers. Toyota's margins on the PIP are better than most. It simply has to find the right sticker price for the PIP given the value added. I suspect in 2014 Toyota will boost the EV milage and perhaps redesign the exterior.
    I consider purchasing a Cmax Energi. The prerelease data was very positive. However, I think Ford may have made a big mistake in terms of both build quality and its exaggerated EPA milage. To be honest the recent data suggests the fuel economy of the Cmax Energi is similar to that of a standard Prius. The graph below suggests it is the aerodynamics is a drag on the Energi's overall fuel economy. While the initial reviews on the PIP were not that great most owners are very pleased with their purchase. In the short-term it is all about PHEVs. The Volt is an excellent product. However, I think it the Volt is a significant upgrade compared to the PIP. The Cmax Energi is a direct competitor. However, at this point the real world MPG results are disappointing (MPG Cmax Energi ~ standard Prius). As a result, over the next 12 months, I think the PIP's market share will remain flat or increase slightly.



    Is this an example of poor engineering on Ford's part?
     

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