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re: how long will it take prius owners to recoup their costs with $1.50 gas?
Posted on 2/12/16 at 2:31 pm to CAD703X
Posted on 2/12/16 at 2:31 pm to CAD703X
You only drive 500 miles a month? Seriously? Why have a car?
At 30,000+ miles a year the fuel savings make sense. Come post this crap when you drive enough to justify more than a Schwinn.
At 30,000+ miles a year the fuel savings make sense. Come post this crap when you drive enough to justify more than a Schwinn.
2
Posted on 2/12/16 at 2:31 pm to ell_13
quote:
But, buying a Prius(or any of its cousins), even when gas was high, was a sign of financial stupidity.
wut
The premium paid for any of these cars over comparable normal engine cars CANNOT be made up in anything vaguely resembling a reasonable amount of time.
You'd have to drive a fricking 100K per year.
Posted on 2/12/16 at 2:33 pm to J Murdah
How am I homophobic?
Posted on 2/12/16 at 2:34 pm to J Murdah
Who gives a frick what people drive as long as they don't go slow in the left lane, forget to turn right on red, and stay off their cell phone.
Posted on 2/12/16 at 2:36 pm to Macavity92
quote:
At 30,000+ miles a year the fuel savings make sense. Come post this crap when you drive enough to justify more than a Schwinn.
No. No it doesn't.
For an average of an extra $6K, you get AT BEST, a 20mpg advantage in mileage.
At $2.50 per gallon, even driving 30K, you would then be paying $1500 per year in gas for the Prius.
For the worse mileage car? $2500 per year.
Even assuming those most advantageous numbers, you don't BREAK frickING EVEN for 6 years.
Oh. And at today's prices?
Posted on 2/12/16 at 2:36 pm to ShortyRob
Lots of folks get a Prius because its "environmentally friendly", not to save money. It has been proven they aren't a better investment in most cases.
Whatever floats their boat, as long as they aren't bothering or hurting anybody.
Whatever floats their boat, as long as they aren't bothering or hurting anybody.
Posted on 2/12/16 at 2:38 pm to TheCaterpillar
quote:
Lots of folks get a Prius because its "environmentally friendly", not to save money. It has been proven they aren't a better investment in most cases.
The best part of that is that it turns out, they're more environmentally friendly in one area while not so much in another.
No one knows what to do with the friggin old batteries and..........um, I guess the fact rare earths required for those batteries aren't mined in the U.S. allows us to ignore what THOSE mines look like.
Posted on 2/12/16 at 2:38 pm to CAD703X
It's impossible and unthinkable that gas prices will ever go back up.
Posted on 2/12/16 at 2:40 pm to Macavity92
I'm at almost 38k per year. 50 mpg = 760 gallons in a prius. 20 mpg = 1900 gallons in the most fuel efficient truck.
@ $1.50/g that's a savings of $1,710 per year.
@ $3.00/g that's a savings of $3,420 per year.
My used prius cost me $15k with 40k miles and 2 years old. Most used trucks at those numbers will be twice that.
All that being said, I have one out of necessity. At present time, a truck isn't necessary for me. Driving so much, I needed something to keep my monthly expenses down. It's worked well. I'll use it as long as it lasts. I've already got over 150k miles on it.
No ragrets.
@ $1.50/g that's a savings of $1,710 per year.
@ $3.00/g that's a savings of $3,420 per year.
My used prius cost me $15k with 40k miles and 2 years old. Most used trucks at those numbers will be twice that.
All that being said, I have one out of necessity. At present time, a truck isn't necessary for me. Driving so much, I needed something to keep my monthly expenses down. It's worked well. I'll use it as long as it lasts. I've already got over 150k miles on it.
No ragrets.
Posted on 2/12/16 at 2:41 pm to ShortyRob
quote:I simply don't buy anything new. It works quite well at that point.
The premium paid for any of these cars over comparable normal engine cars
Posted on 2/12/16 at 2:44 pm to ell_13
quote:Wait.
My used prius cost me $15k with 40k miles and 2 years old. Most used trucks at those numbers will be twice that.
You just compared a Prius to a truck?
Well frick. OK. That's a valid comparison.
quote:So, you reduced your gas expense in exchange for a larger up front expense and a higher car payment(unless you paid cash)?
All that being said, I have one out of necessity. At present time, a truck isn't necessary for me. Driving so much, I needed something to keep my monthly expenses down
You did NOT reduce your expenses. A Prius costs more than any COMPARABLE car that provides similar size and features.
And, it's gas mileage advantage cannot make up the difference in even a vaguely timely fashion.
I mean yeah, if you compare it to buying a TRUCK.........but, that's a fricking retarded comparison.
The point is, if you didn't want the mileage of a truck, you could have bought a car SIMILAR to a prius for FAR less with close enough gas mileage that your savings would have been GREATER with the non-Prius.
I mean come the frick on. You compared the Prius to buying a truck.
Posted on 2/12/16 at 2:45 pm to ell_13
quote:
I simply don't buy anything new. It works quite well at that point.
So, you think that a used prius doesn't have a premium over say, a used civic or corolla or some other similar sized car?
Dude. Accept it. There is NO financially valid argument in favor of the Prius unless you are a HUGE compiler of driven miles.
Posted on 2/12/16 at 2:47 pm to J Murdah
quote:
Perhaps we actually like driving a Prius.
55 down votes for that comment
Posted on 2/12/16 at 2:48 pm to ShortyRob
quote:Just about everyone has in this thread. I kept asking OP what he was using for comparison for his "recoup". He never answered. I can use cars as well.
You just compared a Prius to a truck?
quote:We can use cars, too. I paid $15k for a 2 year old car with 40k miles. Say that's a $5k difference than a comparable car. I made that money back in 2 years in gas. Because for the last 4 years I've had it, prices have been closer to $3 than $1. I also paid it off in 2 years. My rate was 1.99%. I know the math. It worked and continues to work for me.
You did NOT reduce your expenses. A Prius costs more than any COMPARABLE car that provides similar size and features.
This post was edited on 2/12/16 at 2:51 pm
Posted on 2/12/16 at 2:49 pm to ShortyRob
quote:100 miles a day for me during the week for work alone.
Dude. Accept it. There is NO financially valid argument in favor of the Prius unless you are a HUGE compiler of driven miles.
Posted on 2/12/16 at 2:52 pm to ell_13
quote:
We can use cars, too. I paid $15k for a 2 year old car with 40k miles. Say that's a $5k difference than a comparable car. I made that money back in 2 years in gas. Because for the last 4 years I've had it, prices have been closer to $3 and $1
You said you average 30K per year.
That's $1800 in gas for the Prius at $3 per gallon.
Even assuming you have a 20mpg advantage(which is absurd because there are MANY cars closer than that).
That would be $3000 per year in gas.
A 1200 difference.
Using your $5K price premium.............well. Let's just say you need to work on your math.
Posted on 2/12/16 at 2:52 pm to ell_13
Congrats on saving $2
Posted on 2/12/16 at 2:56 pm to ell_13
quote:Apparently not because at $3 per gallon and a 20mpg advantage, you would have saved $1200 per year in gas expenses.
I know the math. It worked and continues to work for me.
And you assumed a $5K price premium on your used car.
Do I need to do the math on 5/1.2 for you?
Posted on 2/12/16 at 2:57 pm to ShortyRob
quote:38k.
You said you average 30K per year.
quote:It's $2,280 for 38k miles at 50 mpg. It's a 2010 car. So let's say other cars at that age and price range get 30 mpg. Very reasonable for that year. 20 mpg difference is just over $1,500 savings per year. Just over 3 years to "recoup". Right, not 2. But the point stands. Is that not viable? Reasonable?
That's $1800 in gas for the Prius at $3 per gallon.
Posted on 2/12/16 at 2:57 pm to ell_13
Probably about the same time that their stupid cars destroy the planet. I just about ceases to amaze me how stupid people are thinking that a prius is helping the environment.
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