> The low mileage '96 Mazda Protege I inherited from Mom doesn't get the
> mileage of newer econoboxes, especially as it's
> mostly used for the kind of driving where hybrids shine in mileage. But even
> a slightly used Prius won't pay out as a
> replacement before it has turned to dust.
>
We put about 40,000 miles on our vehicles each year. The payback in
our case is pretty quick. The difference in purchase price for
equivalent prius vs corolla is about $3000 of the used vehicles. The
payback for the $3000 is probably not very logical if we run the
wheels off the cars, but resale value is worth something and the OLD
prius cars are still maintaining an edge. So, for the entire ownership
cycle, the prius isn't that bad of a deal.
But, let's assume I run the car off to 200,000 miles. Rounding to
150,000 miles of ownership for me, at 10 mpg difference...
4285 gallons at 35 mpg for the carolla
3333 gallons at 45 mpg for the prius
Basically about $3000 in savings at $3.00 per gallon. So, it is a
break even thing. But when gas prices go up, then it really starts to
swing the calculations in favor of the prius.
Just for grins.
8333 gallons at 18 mpg for the Jeep Grand Cherokee
$15,000 in savings at $3.00 per gallon. That's a lot of digital cameras.
AG
--
Ken Norton
ken@xxxxxxxxxxx
http://www.zone-10.com
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