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I'm sure you've all heard this before ......

Discussion in 'Gen 2 Prius Main Forum' started by KProspero, Sep 18, 2006.

  1. KProspero

    KProspero New Member

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    Ok, I'm a new Prius owner. Just got the car on Friday.

    Was with some friends today, and one of them gave Reason #1 -- "You'll never save enough to break even."

    What makes it funny is that the friend drives a new BMW. Fully Loaded. Think about it, the car must have set him back $50,000? $60,000 and he's talking a about Break Even?????? Hell, I'm probably $35,000 or so ahead driving out of the show room.

    Fortunately, it was a good friend. When I pointed out this absurdity of what he had just said, and told him that I wanted the Prius, and to leave it at that, we both got a good laugh.

    Just thought I'd share.
     
  2. berylrb

    berylrb Member

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    <div class='quotetop'>QUOTE(KProspero @ Sep 17 2006, 11:25 PM) [snapback]321025[/snapback]</div>
    Hey welcome KP! did you friend acknowledge his irrational, and slightly hypocritical comment?
     
  3. mywhitenoise

    mywhitenoise New Member

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    well, a decent car will run you about 18 - 20 thousand...might as well make it a good one that not only gets great mileage, but helps the environment as well. Not to mention all the great features.
     
  4. Alpha13

    Alpha13 New Member

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    You friend does have a point. BMWs are emotional purchases and thus don't need any rational justification for why they are a good purchase (people want, them, not need them) however I think many people see the prius as a logical purchase, one that is financially sound. You certainly could do much worse but the prius is not worth the price when compared to some used offerings on the market. Yet as an emotional purchase it doesn't have the appeal of other cars like a BMW.

    Yet I still like it :D
     
  5. ekpolk

    ekpolk What could possibly...

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    <div class='quotetop'>QUOTE(Alpha13 @ Sep 18 2006, 01:39 AM) [snapback]321058[/snapback]</div>
    Isn't this statement a bit like a declaration that chocolate ice cream is "better" than strawberry? Maybe, maybe not. I suspect that there are a bunch of hard core Prius owners who wouldn't be caught dead in a BMW. All depends upon what "appeals" to you. ;)
     
  6. Rangerdavid

    Rangerdavid Senior Member

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    they'll never get their money back, whereas w/ the Prius you will after 2 or 3 years. But, what a stupid question, when has anyone ever gotten their money back on ANY vehicle? let alone on a BMW???? B)

    Enjoy the Prius!
     
  7. daronspicher

    daronspicher Active Member

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    If you're trading off a 43mpg diesel jetta for a prius, you may not recoup your money with the hybrid at all, or not very fast.

    I would never trade my F250 for a Corolla or a standard civic in an attempt to buy cheap and get 30mpg. Those two cheaply priced reasonable mpg cars would drive me nuts because they're just a plain car brand car...

    The prius having all the gadgetry, computer display, 50+mpg potential all came together to be what it took to pry me out of my F250 diesel.

    For me, comparing a 30+mpg corolla to a 50+mpg prius and then determining that I'll never recoup the difference is not a valid arguement because I'd never buy the corolla. It is not and never will be about driving the cheapest car on the planet.

    The other falsehood that keeps coming in the articles about "You'll never recoup" is that they always base it on 15k miles per year. If you are that 15k miles per year person, you should run the numbers because you very well may not recoup the hybrid cost.

    Those article writers should be adding caveat... if you drive 30k miles a year, you'll easily recoup the money and then much more.

    For me, in 209 days of ownership (about 7 months, 24000 miles) have saved just over $2700 in fuel cost vs. having continued to drive my F250 diesel pickup. Next march when I do my tax return it will be another 6 months from now, so we'll be in the $5400 fuel savings range + 3150 tax credit... in the first year, I've cashed in a $8500 difference in vehicle operating expense.

    I will then have a 1 year old Prius with 40,000 miles on it rather than a 8 year old F250 with 160,000 miles on it.

    I think I did ok on my prius purchase. I'm also averaging 52.5ish mpg over the first 25,000 miles.

    As for gallons of fuel that I did not buy from the middle east, I left 892 gallons in the sand for later use thus far in 7 months. This is one car... If we had 1 million more prius's on the road in the hands of people who drive 25,000 miles or more a year this is a huge fuel savings for the country.

    I track all my stats here...
    http://d.spicher.home.comcast.net/prius/LifetimeStats.html
     
  8. TonyPSchaefer

    TonyPSchaefer Your Friendly Moderator
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    Welcome, KProspero.
    You are right to be skeptical. There is no other car - or type of car - that has ever been addressed for it's ability - or lack thereof - to earn the owner money. I'm disregarding business vehicles.

    For that reason, this is not a valid point.

    When it comes to environmental action and sustainabile living, there are 5 basic types of people.
    1) Those who fight it and/or disregard it.
    2) Those who adhere to the minimum as required by law.
    3) Those who realize that they can personally benefit from it.
    4) Those who start to internalize it but only until it costs them money.
    5) Those who go out of their way to incorporate it into everything they do and will spend more than they get back.

    Yes, there are acceptable cars that cost less than the Prius.
    Yes, there are very nice cars that cost more than the Prius.

    The question is, which level are you? Once you understand that, you will have a crystal-clear perspective on where your friend's questions are coming from. Be confident with your choice. As long as you have chosen for yourself and not for the benefit - or to impress - others, you have made the right decision.
     
  9. Ari

    Ari New Member

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    This weekend there was a full page article in the Parade section of the SD Union Tribune titled "Are Hybrids worth the hype?" (in 70-point letters) There's no substance to the article, and basically all they say is "right now analysts say they are not worth it."

    There is a ton on FUD being spread about hybrids. Even my own mother in law asked "can you go above 60 mph?" All the FUD is rather ironic because there is essentially NO hype out there, it's mostly FUD. The only thing perceived as hype is the EPA estimate on the window sticker, and 99% of people don't know what the EPA estimates mean.

    It's a normal car, for crying out loud! Well, it's much better, but at the core it's still just a car and it's only better/worse/worthwhile depending on what you drove before it. Compared to my BMW 325i it's a great car.

    Enjoy your purchase! [​IMG]
     
  10. KProspero

    KProspero New Member

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    Thank you all for the kind words on my joining the club.

    TonyP -- you make excellent points.

    In my case, it's a kind of middle ground. When looking fo a new car, I had two criteria:

    1. I needed good gas mileage, for both environmental reasons and oil dependency reasons. I'd rather be part of the solution than a part of the problem. I set 35mpg highway (mimimum) and a good environmental rating criteria that any car I was looking at would need. Now, fortunately, there is a positive economic component to this -- higher gas mileage = lower costs. However the economics weren't paramount, and in cases of social conscious shouldn't be.

    2. I needed enough storage capacity in the car to get my daughter to college.

    I wasn't initially committed on a Prius or any hybrid, and found some excellent choices in traditional cars. Ultimately, for me, the choice came down to a Scion Xa or the Prius (Nissan Versa was a close runner up too). Given this choice -- flat out, I liked the Prius better.

    Again, it's not economics. With 12,000-15,000 miles/year driving, I don't know whether the Prius or the Scion is the 'economic' choice. But fortunately, I'm in a position where I didn't have to base my decision on this factor.

    The point of my original post was to share a laugh. I found it funny that someone who paid mega bucks for a luxury car would criticize someone choosing a car that may not be the most economically efficient.
     
  11. daniel

    daniel Cat Lovers Against the Bomb

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    For me, the Prius was as emotional a decision as the BMW was for your friend. I was dissatisfied with the lack of safety features in my '89 Civic station wagon (principally air bags, which were uncommon back then) but I didn't want to give up the convenience of a station wagon body style. The Prius answered the convenience point and was available with the full compliment of air bags plus VSC. But what really sold me was the pure emotional draw of SULEV/PZEV, the high mpg (for emotional/environmental, not economic reasons) and the coolness of a transmissionless drive train that had never existed in any car before the Prius, and was capable of driving on pure electric power, at least under limited circumstances.

    Pure emotion. A recent-model used Civic or Corolla would cost far less over the life of the car. But I get emotional over my near-zero pollution, my lessened impact on the world oil market, and my super-cool transmissionless drive train.
     
  12. Soylent

    Soylent The v isn't a station wagon! It's just big boned

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    People don't realize that we buy it not *only* for it's gas efficiency. Personally, I love how high-tech it is.
     
  13. dachshund

    dachshund New Member

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    Yeah, I don't know how anyone would "break even" on buying a new car, and paying for gas. Ironically, the used Priuses are selling for close to the new car cost, aren't they? That sounds like "breaking even" to me. :)

    I own a 5 year old BMW, which I will now sell. I loved this car, and I thought I'd really miss the smooth driving experience. I actually don't (but don't tell your BMW-driving friends, they won't believe this.) I no longer want the stiff driving experience, so this was a good time to get something more comfortable to sit in.

    Why did I even consider a Prius? I believe that global warming is real. If you believe that gas emissions should be reduced, then it's a short jump to wanting a cleaner vehicle. And I looked into the alternatives, bio fuel, etc. The only thing better might be a plug-in hybrid and renewable energy for your home.

    The full tax refund made me hurry up and make my decision. Getting 50 mpg doesn't hurt, and all things considered, the Prius has more storage space, high-tech features, and comfort. I also like the fact that it's unique looking.

    Now, if it cost the same as a five year old BMW, then I could break even!
     
  14. bhaynnes

    bhaynnes Member

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    <div class='quotetop'>QUOTE(Soylent @ Sep 18 2006, 08:46 AM) [snapback]321148[/snapback]</div>
    Amen to that.
     
  15. rebbi

    rebbi New Member

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    <div class='quotetop'>QUOTE(TonyPSchaefer @ Sep 18 2006, 10:18 AM) [snapback]321091[/snapback]</div>
    Right. I have a 5-year-old — every decision I make today, including the emissions levels of the car I drive — has an impact on her future. I'm picking up my new Prius tomorrow. I made the decision to go with the Prius because (not in any particular order):

    1) I want to drive the cleanest practical car on the road.
    2) I think it's way cool. :p
    3) I want to say "Way to go!" to the marketplace and to Toyota.
    4) Yes, I'll say it: I want to make a statement, and I don't think I need to apologize for that.
    5) The less petroleum I consume, the better for everybody.

    Best regards,

    Steve
     
  16. Pinto Girl

    Pinto Girl New Member

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    The Prius was an emotional decision for me, too. I think the idea that a BMW is more appealing in that light begs the question, "to whom?"
     
  17. PA

    PA Member

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    I bought a Prius for a variety of reasons:
    I've been fascinated with the idea of the hybrids ever since they came out.
    I was spoiled with good mileage on my 1990 Honda Civic 2-dr. hatchback (33 mpg city/40 mpg hwy).
    I realize we can't all keep living the way we are by poisoning our air.
    I don't want to give any more of my money to Osama bin Laden, et al., than I have to.

    Sometimes doing the right thing is not the cheapest alternative.
     
  18. hobbit

    hobbit Senior Member

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    As Rangerdavid pointed out ... someone *buys* a car, and then intends
    to spend some time *using* it. What are you "recouping"? What scale
    is this supposed mythical "savings" matched up against? Trying to
    compare to a Corolla is a specious apples/oranges connection, because
    they really are different cars. Just because two cars have a similar
    body dropped on top really doesn't justify thinking of it as this
    "hybrid premium" nonsense that the press has locked onto.
    .
    _H*