Hybrid vs non-hybrid costs?

Discussion in 'Generation 1 Prius Discussion' started by fthorn, Jan 4, 2012.

  1. fthorn

    fthorn From gas hog to greenie to gas hog

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    Ok. Now that my drive battery needs replaced, I was wondering if anyone wanted to 'do the math' on overall cost of ownership versus regular non-hybrid?

    Initial cost
    value today
    fuel savings/cost
    battery cost across life

    My 2001 has 140,000 miles on it and let's just say Toyota battery replacement is $2500. Or about 1.7¢ per mile.

    new it cost, what $20k? A normal gas car could have been had for $10k? (versa almost still can be had for that price)

    I am not original owner, and not sure how easy it would be to know and calculate a week-by-week gasoline price fluctuation and its effect on overall costs. But I would say it'd be safe to compare let's say a 20 mpg to 50 mpg or so difference? Well, I got about 50 mpg overall average; some might not have; do not know. I DOUBT any regular gas car averaged over its lifetime significantly greater than 20 mpg. It might PEAK at 30-40, but all-round; all season....do not know.

    And, being a former finance university teacher (prof aid), we would need to compare apples to apples by discounting to today's dollars or some other date - today likely being the easiest.
     
  2. Gurple42

    Gurple42 New Member

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    Want to quess what repairs would have been done on a 10k new car that is now 11 years old and has 140k. Clutch maybe, air conditioner oops no 10K car would have had that. Transmission, a stick, probably no. Alternator, maybe.
    You should know that you can't do the math on guesses.
    If you like the car fix it, if not dump it and get something else.:confused:
     
  3. F8L

    F8L Protecting Habitat & AG Lands

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    Are you seriously trying to compare a $10k car with a $20+k car?
     
  4. usnavystgc

    usnavystgc Die Hard DIYer and Ebike enthusiast.

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    This is so futile. Why do people keep posting stupid stuff like this. The Prius is by no means comparable to a $10k car. No one can touch it for fuel economy, not Lincoln, not Acura, not BMW. No one!!! I'm really kind of sick of this argument.