Depreciation vs MPG

I value comfort above depreciation. So I'm going to vote prius

Posted via the PriusChat mobile app.

 

Not sure what you mean by "depreciation fee".

 

Be comfortable and take the more reliable car - the Prius.

 

What a paradox!

 

Is this Prius on a lease? If so, please give us details of this fee, or the excess mileage charge it will create at the end of the lease.

If not leased, then calendar depreciation seems just as significant as mileage depreciation. I'd take the more comfortable, more reliable, safer car.

 

I thought something like that. I would just put it out of mind, use the car, enjoy it.

 

^^^ Me too.

 

There's a way to calculate this, sort of. First, look up average yearly maintenance cost for Prius, and average miles driven yearly, to get average maintenance cost per mile. Then assume you're going to keep your Prius for 5 years and find the costs for mileage for 5 year old Pri's on Edmunds, Nada, and/or KBB. Add the two figures. My guess is that there won't be any monetary advantage to either car.

 

i think the prius is depeciating so fast, the extra miles won't matter, and might be good for the battery.

 

Yes. We have problems with just one car, running it frequently enough to keep the 12 volt battery in good shape. Aim to run it every second day if possible, sometimes it stretches to 3 or 4.

 

Depreciation is also demand-dependent, so 2008 when gaso was $4 and used cars were popular, then Prius depreciated slowly with time. Now new cars are the "in" thing and gas is $2. So really 3 variables time, miles, demand.

Re: HV battery, some like to go ahead and put the miles on, so if it fails with the 10-yr window you'd be covered. Ideally you would use 150k miles just before 10 years in OR (CARB).

 

If you aim to keep your Prius as long as you kept your Camry, no need to worry about depreciation or wear and tear.
You can also save more $ by getting rid of one car instead of saving thru reduced MPG's and wear and tear.

 

I would say if you're driving the car infrequently and/or doing a lot of short trips, it'd be good to get into monitoring the 12 volt battery's status, and do periodic recharge, with a smart charger, around 4 amp range. But that's just me, a lot of owners just drive 'em till they drop, lol.

 

i was going to say use the prius because it's basically use it or lose it in terms of HV battery life.
but seeing that the OP put 25000 miles in one year, my statement may not apply.

 

Worrying over 650 miles.