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Chicago Tribune: 3 years to pay off Prius vs Camry

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by clickerman, Oct 5, 2011.

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  1. Corwyn

    Corwyn Energy Curmudgeon

    Joined:
    Mar 6, 2011
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    Location:
    Maine
    Vehicle:
    2007 Prius
    Model:
    II
    In the housing upgrade trade, anything under a seven (7) year simple payback is considered a no-brainer, yes decision. Phrase it in terms of return on investment and you will see why.
     
    #21 Corwyn, Oct 7, 2011
  2. Sergiospl

    Sergiospl Senior Member

    Joined:
    Apr 22, 2011
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    Location:
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    Vehicle:
    2011 Prius
    Model:
    Two
    Wonder how long is the "payoff" for a smartphone versus a feature phone.
     
    #22 Sergiospl, Oct 7, 2011
  3. bedrock8x

    bedrock8x Senior Member

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    Never!

     
    #23 bedrock8x, Oct 7, 2011
  4. Skoorbmax

    Skoorbmax Senior Member

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    Location:
    Western NY
    Vehicle:
    2010 Prius
    Model:
    II
    30k/year is silly but when I leased my prius it was approx the same price as a leased camry, so in that case it had an immediate day 1 payoff.
    Yep, 3 years is an insane return on investment and should always be done.
     
    #24 Skoorbmax, Oct 7, 2011
  5. jrb451

    jrb451 Junior Member

    Joined:
    Nov 2, 2010
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    Location:
    Conway, AR
    Vehicle:
    2010 Prius
    Model:
    IV
    Last October when I bought my Prius I figured up that I was saving $20 per week commuting back and forth to work and this was when gas was $2.50 per gallon. I still have the same drive and gas has been above $2.50 per since November 2010.
     
    #25 jrb451, Oct 7, 2011
  6. billnchristy

    billnchristy Active Member

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    My Fiesta is cheaper to drive than my Prius but the Prius is much more handy and I would never have 2 Fiesta sized cars. It is strictly a commuter and day trip car.
     
    #26 billnchristy, Oct 7, 2011
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