Should we all thank Honda for the 2010 Prius prices???

Discussion in 'Gen 3 Prius Main Forum' started by sluday, Apr 23, 2009.

  1. sluday

    sluday New Member

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    I think Toyota aggressive pricing on the 2010 model is do to the new Honda Insight coming in at just over $20k. I also think that when the Prius 1 package comes out, it will blow away any chance the Insight had at being a threat in the hybrid market. I just went to the New York car show last week and was looking only at hybrids and gas sipping cars to purchase this summer for my commute. My top three were the Prius, Insight and Civic hybrid and normal version. Once I saw the Prius pricing it pretty much knocked the hondas out of contention. Better fuel economy, more technology, more passenger/cargo room and slightly better looking car. I think the new Insight will end up like the old one unless honda can drop the price in the $18000 range to steal some Civic and Corrola buyers.

    :tea:
     
  2. saxamoophone

    saxamoophone New Member

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    Yeah, I was going back and forth between the Insight and the Prius for awhile now. Looks like I'll probably end up getting the Prius III w/ Nav. For $2,000 you might as well go for the bigger car with more features, better MPG, and more size..
     
  3. Danny

    Danny Admin/Founder
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    Maybe we should all write a nice thank you to the Honda HQ :)
     
  4. effwitt

    effwitt Paparazzi Magnet

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    The world economy should get a nice thank-you card in addition to a get-well card. I imagine that all car prices will be stable this year with so many acres of unsold cars gathering dust.
     
  5. dvdirv

    dvdirv Member

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    Motor Trend says Insight is Better

    In the May issue of MOTOR TREND there is a comparison between the 2010 Prius and Insight models.

    Their conclusion is that although the Prius is better appointed, they would vote for the Insight since MSRP is at least $3000 more.

    Well, with the new pricing, that is not the case. The difference is closer to $1200.

    So are we going to get a new appraisal from Motor Trend? :confused:
     
  6. jginnane

    jginnane New Member

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    FWiW, there are scattered reports in insightcentral-dot-net of brand new Insights already being discounted $500-800 off MSRP.

    I don't know if this is going to be prevalent, or whether it might be a couple dealers in trouble. The flip side is ... we don't know if Toyota dealers are going to do the same in the first 30 days of inventory, either.

    If you look at the larger market, cars with stale sheet metal (no change from 2008 MY to 2009) are getting 20-30% knocked off sticker, through a range of dealer incentives and cashback. Many cars that are new as of last year are already 15-20% off sticker, like the Acura TL (we've been watching).

    So, until we know the economy has bottomed, it is not unreasonable to anticipate substantially lower prices later this year. At least one owner who got a new TL when they were just out complained that, with 20% down and a 48-month payment plan, he still owes more than if he'd bought the car today.
     
  7. usbseawolf2000

    usbseawolf2000 HSD PhD

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    The Insight is much better than the traditional gas idling, shift shocking, torque converter lagging, frictional brake wasting, and pollution generator on wheels.

    However, a big HOWEVER.... We all should thank Honda for introducing the first eonobox hybrid. 2010 Insight is the first of it's kind. The kind that people thought Prius was.... a cheaply built, slow, small and unrefined... something comparable to the traditional econoboxes.

    The base Insight came with steel wheels. Standard equipments are not up to the standard (Prius set it). It is not as refined, roomy, nor quiet. It does not come loaded with modern high-tech features. It can not be upgraded to plug-in because it was not designed to. Hey but more people can afford it because it is 6% cheaper ($1,200).

    I question if the Insight will make hybrids more affordable to everyone (as Honda claimed) or will it it give the hybrids a bad name and ruin the iconic Prius image. I think the worse possible outcome is both of them becoming true....
     
  8. sluday

    sluday New Member

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    Re: Motor Trend says Insight is Better


    Typical car magazine statement. They are always guessing features and prices to mislead the public. How can they even compare two cars if they don't have the prices and options yet? As with all car magazines, whoever pays the most in advertising wins the comparison tests.
    :rolleyes::rolleyes:
     
  9. Lafferty

    Lafferty Member

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    Once June rolls around, I'm sure Honda will slash the price of the Insight, or offer low financing rates to steal some of the G3's thunder.

    At this point, it seems foolish to opt for the Insight EX instead of the G3 Package II for almost the same price. Who knows what the market will be like a month from now, and if Toyota dealers will mark up the G3 or only offer expensive packages that most customers don't want or need. I have a feeling that some Toyota dealers will drive people to the Insight because of greed. I hope I'm wrong because the Prius Team has done such a fantastic job with the launch, and you can tell they truly care.

    I think it's important to remember that many potential hybrid customers don't care if the HSD is superior to the IMA. They do care about MPG's, and so far the Insight is performing better than expected in that regard.
     
  10. JimN

    JimN Let the games begin!

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    Dear Honda,

    Thank you for building & selling the Insight II. Without competition there is only stagnation. I am sure that your vehicle encouraged Toyota to put a better Prius on the market earlier. It will be interesting to see if the original Insight's fuel economy can be matched by the new Prius.

    JimN.
     
  11. spwolf

    spwolf Senior Member

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    sure... but i think Prius is competing more with Camry's and Corolla's than Insights. Gen3 is going to make as big difference in the mainstream as did Gen2 (vs Gen1).
     
  12. usbseawolf2000

    usbseawolf2000 HSD PhD

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    Not only matched but the 2010 Prius eCVT (50 MPG) has already passed the original CVT Insight's 47 MPG. The MPGs are the comparable 2008 numbers.
     
  13. cmumford

    cmumford Junior Member

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    I agree. I'm curious how much of an improvement the econ mode will have if the A/C isn't in use. But then again I got 79.9 mpg (2.94 L/100km for the Canadians) on my drive in to work today. I may miss the fuel economy, but I'm sure I'll love the PIV - can't wait.
     
  14. JimN

    JimN Let the games begin!

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    The EPA numbers are only a start. 2007's Tour to the Shore rally was won by Meredith's Insight at ~75mpg. 2008's was won by an Insight at ~125mpg. In 2007 I did beat an Insight because the driver didn't know how to drive it & he got lost.
     
  15. usbseawolf2000

    usbseawolf2000 HSD PhD

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    For extreme MPG contests, vehicle weight and tire width become more than others. When comes to real-world driving speed and conditions, it is a different story. It will be interesting to see how 2010 Prius performs in that rally.
     
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