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Hybrids in the News

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Comments

  • gagricegagrice San DiegoPosts: 28,680
    Q1:
    How does that match up to the projection by CR on resale value? You say a 5 year old hybrid loses 60-65% of it's original value. That seems like a big hit to me. I mostly have bought PU trucks which don't lose nearly that much.

    Q2:
    I can see that. Someone could buy a Prius with a 140k miles and bring it into CA to get the extra coverage.
  • backybacky Twin CitiesPosts: 18,628
    In Vermont at least, the laws say that the extended emissions warranty pertains to "the ultimate purchaser and each subsequent purchaser".

    http://tinyurl.com/h5o9h
  • gagricegagrice San DiegoPosts: 28,680
    I looked for that on the CA website. Never found it. I think VT is similar to CA on emissions if memory serves me. To my way of thinking it should force the auto makers to replace anything that changes the emissions levels. Such as atalytic convertors, sensors etc.
  • backybacky Twin CitiesPosts: 18,628
    And in a hybrid... batteries and such.
  • library1library1 Posts: 54
    Value and Cost and Money are three separate items.

    So you "save" X thousand dollars on buying a Corolla. You have little chance of being in an accident, so you have saved some serious money.

    But, if you are hit by some idiot? Maybe the dollar savings are equal to the increased medical costs over an accident in a Prius. But, I will forgoe the PAIN. :sick: It is a cost too.
  • gagricegagrice San DiegoPosts: 28,680
    But, if you are hit by some idiot? Maybe the dollar savings are equal to the increased medical costs over an accident in a Prius.

    I'm not sure I follow you. The Corolla is rated safer than the Prius for both driver and passenger. According to the NHTSA. If you buy a new Civic it is even safer than the Corolla. So you can save money and your hide.
  • kdhspyderkdhspyder Posts: 7,160
    ahh.. but as the iihs states, dont compare different weight classes. The NHTSA 'indications' are at best a 'go/no go' guidance. The tests as they admit are outdated and no where near as difficult as the rest of the world's testing.

    According to the iihs every vehicle now is 'Good' in frontal impact protection ( in their more difficult test ) - except the new Fusion for some weird Ford reason and the old Stratus/Sebring.
  • library1library1 Posts: 54
    Look at http://www.iihs.org/brochures/ictl/ictl.html
    for the IIHS PDF file titled "INJURY, COLLISION, & THEFT LOSSES by make and model, 2002-2004 models"

    CARS Injury (100= average medical costs)

    Toyota Corolla 167
    Toyota Prius 4dr 67
    Honda Civic Hybrid 4dr 89
    Toyota Echo 193 (- my old car!)
  • gagricegagrice San DiegoPosts: 28,680
    I don't think they have tested the Prius at IIHS yet, have they? I know the Prius Classic was given a wink by the NHTSA to get them out to the public. They are less than stellar safety wise. I think the truth is they never tested the Prius until 2006 and realized they are not top notch safety wise. What other reason to go from 5 stars to 4 stars?
  • gagricegagrice San DiegoPosts: 28,680
    I questioned that very chart a while back. First it does not include the Prius II at all. It is 2001-2003 MY listing. Second according to all I have read the Prius Classic was built on the Echo chassis. So whatever the Echo got should have carried to the Prius. You also have to take into account these are based on actual injuries and costs related to accidents in given vehicles. How many Prius were sold in that 3 year period? How many actually crashed to give a legitimate accounting? I think we will have to wait a while till the database gets a few more collisions to make an honest appraisal of the Prius crash worthiness.
  • kdhspyderkdhspyder Posts: 7,160
    Where did you get these impressions from? Other than 'stirring the pot' as is your inclination ;) .

    The IIHS has not tested the Prius and given it's success I don't know why not. The NHTSA tests every vehicle, I'm assuming admittedly, but the test methods are out of date. So I give it little credence.

    The european ins industry has tested the Prius and it's right next ( alphabetically and quantitatively and size wise ) to the Passat. Want the link?
  • gagricegagrice San DiegoPosts: 28,680
    You have not accounted for the down grading of the Prius from 2005 to 2006. I find that interesting. What did Toyota cut out to cause that? I am very familiar with the EU tests. You also know that the vehicle sold in the EU is of a higher quality in several ways to the US version. It is also more expensive. So how can that be used as an example. The facts are you are 33% more apt to get a serious head injury in the 2006 Prius than the 2005.

    PS
    I did not bring up the IIHS ratings for the Prius.
  • gagricegagrice San DiegoPosts: 28,680
    Where did you get these impressions from?

    I guess I did not answer your question. I got that straight from the manager of El Cajon Toyota. When the first Prius arrived I went down for two test drives. In the course of asking questions about safety. The Sales manager told me that Toyota had been given a by on testing as the Prius was built on the already tested Echo platform.
  • backybacky Twin CitiesPosts: 18,628
    And you believe everything you hear from a salesperson? Not a good idea, IMO.

    The Prius is not built on the same platform as the Echo. They share a common rear suspension design (beam vs. independent) but that is about all. Anyway, even if the two cars did share a platform, it would not cause the NHTSA or IIHS to give the Prius a "bye" since the cars have much different sheet metal and differ in many other ways including engine, weight, and length. As an counterexample, both the Hyundai Elantra and Kia Spectra have been tested by both the IIHS and NHTSA even though both are based on the same platform.
  • stevedebistevedebi LAPosts: 3,719
    "The Prius is not built on the same platform as the Echo."

    Actually, I think the Echo was based on the Prius platform. The Prius was developed first.
  • backybacky Twin CitiesPosts: 18,628
    The 2004 Prius first shipped in fall 2003. The 2000 ECHO first shipped in fall 1999. Are you saying that the original Prius, the ECHO, and the 2004+ Prius all use the same platform? Do you have any substantiation for that? I just find it hard to believe given the differences in the cars.
  • gagricegagrice San DiegoPosts: 28,680
    The 2004 Prius is completely different. I believe the 1997-2003 Prius was the same platform as the Echo. I have to believe the Toyota sales manager until I see some proof to the contrary. The only significance to the CR report is resale value of the older technology. I believe the hybrids will age faster than the ICE only vehicles. When they lose the glamour they lose their resale value.
  • varmintvarmint Posts: 6,326
    Whether the original Prius was based on the Echo platform or not, you cannot assume it would have achieved similar crash results. There are significant differences in the engine compartment and passenger compartment. Structure is only half the battle. Passenger restraints and things like the distance from roof or pillar to the occupant's head are equally important. And based on my recollections, the Prius and Echo were not that similar inside.

    Right now, Hybrids are selling based on their high-tech image. Because the technology is changing so rapidly, I expect early models will not have particularly good resale value. Who want to buy last year's cell phone or last year's iPod? I don't think that factor will have a huge impact on resale, but it will have an impact.
  • kdhspyderkdhspyder Posts: 7,160
    The bigger consideration is the supply and that the Prius is Toyota ( Civic a Honda ). Both of these factors favor the hybrids holding value.

    E.g.
    2001 Gen1 Prius ( really basic ) with 75K mi rough book is about $8000; this is the 'old tech' version.

    2001 Camry LE ( basic ) with the same miles, rough book is about $6700
  • snakeweaselsnakeweasel a Certified Edmunds Poster.Posts: 11,563
    if I may ask what was the original selling prices for those two cars?

    There are three types of people in this world. Those who are good at math and those who are not.

This discussion has been closed.