i suppose it would depend on the level. our hycam was 34k msrp, that's what they use for valuation. it's now worth around 12k i think. i would think a camry would be similar?
What, the hybrid? The LE models had a $3800 difference in MSRP. I'm guessing they would depreciate at the same rate, so that gap should shrink. Do they publish those depreciation rates? I went looking for the info for North Carolina, and they wanted VIN and address before sharing an estimate.
Here is Washington State's depreciation schedule. While the legislature has passed an update, it cannot go into effect until the 1999 transit bonds are retired in 2028. WA State Licensing (DOL) Official Site:RTA MVET depreciation schedule
when you go to the rmv to register a used car, they have a little tiny book they look in. not sure if it is published anywhere, but it has always been higher than kbb, or even what you paid for it
Ahhh yes... The man is always trying to tax you for trying to save money. Virginia is trying to do the same.
When you get some guy that tells the DMV clerk that they paid $500 for a used Vette, the book's going to come out.
For those in wa state with a hybrid or an electric car and want to save the $75 and your tags expire within 6 months before Sep 30th u may renew your tabs and avoid the fee, if you renew them after OCT 1, 2019 u may have to pay the fee depending on how fast they update their system.
the government giveth than the government taketh away just when we thought they had our best interests in mind. "Some things change and something stay the same" The Matrix "reloaded?"
One of the towns I commute through paved the roads a couple of months ago, so they were really nice and smooth. Well, just this past week, the gas company decided to put in new pipes, so they tore up the nicely paved roads. Now, where they're done, the roads are bumpy and sunken in. Your tax dollars at work.
Interesting. I can understand why they are doing this but I would prefer to see it as a sliding scale based on annual mileage. I do agree that EVs should have to contribute to the maintenance funds that are used by gas taxes, but I think (a) like gas-burners it should be a function of how much driving you do and (b) whatever it is, it should be less per mile than most gas burners for ecological reasons. Using my home state of Oregon as an example, I believe the state gas tax here is 36 cents. So if we assume a Prius Prime gets 55 MPG in HV mode, that's about 0.65 cents per mile. I would think anything more than about 0.5 cents per mile ($50 per 10,000 miles) for EVs would be bad policy, though I agree they shouldn't get a free ride (literally). Even more so with a PHEV because some of its mileage does come from gasoline which has been taxed.
Yep, Our legislators really did a poor job on this one. Their decision shows a lack of understanding and an 'us and them mentality' between old tech and new tech. We get a penalty for making an educated and environmentally concerned decision on our choice of vehicle to drive. I am extremely disappointed with our legislature on this one. We get penalized for good behavior and intelligence.
I am trying to get the gist of this thread: Is it true that some states are surcharging the annual registration for non-plug-in hybrids? In other words, you bought a VERY efficient gasoline-powered car, and now you aren't buying as much gasoline and paying as much of the associated fuel taxes, so we are going to penalize you for not buying a gas guzzler. I understand that there is a problem finding a fair way to tax cars that partially or entirely use a non-taxed fuel, such as electricity. But non-plug-in hybrids get all their energy from the taxed gasoline.
yes many states penalize you for owning a regular hybrid gotta make up that $5 of tax you save vrs a standard econobox
Former Washingtonian. The price from the magic book is based on MSRP. BTW, gas In Ehrenberg, Arizona today Regular is $1.89 a gallon. Cross the river to Blythe, CA and the typical price is $1 higher. And crude oil is in negative selling price. Meanwhile, electricity for all of you Tesla and plug ins is $0.19 per Kwh. Parity between electric rates and gas are no longer even close! Hybrids win by a mile, but don't plug them in! Gasoline is KING!
Most electricity is generated from fossil fuel. Sure, there are a few places where hydro, solar and wind make up quite a bit of the grid power, but this just shifts the pollution to areas without those natural resources. Nuclear, which is the obvious answer, is not fashionable (except on aircraft carriers and in France). You are in Boston. Over two thirds of your electricity is from natural gas, a fossil fuel. Which is cheaper and more efficient to operate from a pollution standpoint in Boston: A Prius or a Tesla? I would hazard that a run at the numbers would show that the Prius, in Boston, is a greener car. And the economics are just not comparable. No Tesla can be had for $25,000. My thinking is that the overall engineering in the Prius is what makes it the winner. It is the most efficient car on the road, as far as I can see.
i'm paying 24 cents/kwh, but still plugging in. while some areas may be dirtier, they are getting cleaner all the time. promotion of ev is the pollution solution. i have nothing against hybrids for now.