Does the current situation affect hybrid sales more?
Does the turmoil in the Detroit and with the economy hurt the sales of hybrids more than non-hybrid economy cars?
The $4 gas prices this past summer certainly drove people away from trucks and SUV's. Faced with uncertainty in the financial markets, people are quite naturally "pulling in their horns" and not spending as much. Do you think this will translate into a bump in the road for sales of hybrids?
The $4 gas prices this past summer certainly drove people away from trucks and SUV's. Faced with uncertainty in the financial markets, people are quite naturally "pulling in their horns" and not spending as much. Do you think this will translate into a bump in the road for sales of hybrids?
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On the other hand I won't be in the market for at least a year ir two so I'll see what things look like then.
How long is it recommended that a car sit in one spot without being bought?
I'm still waiting for them to just start giving cars away. They're getting there.
My brother in law just bought a new Escape with V6. He was thinking about the Hybrid Escape. Said it was almost $10k more than he paid. Did not think he would ever use that much more gas. I told him he made a wise choice.
The VW Jettta TDI wagon looks better every day.
you basically can't find one here in new england.
some dealers in california have a good supply.
I like the idea of a hybrid if it is put in a practical car that doesn't look so strange. Even I was tempted to purchase a Insight from a friend from out of state. But now I can hold on till they come out with a EV city car, I hope. Still I don't think lower fuel prices will effect hybrids from Toyota and Honda. It might push the manufacturers into some small diesels but that would be fine as well. I prefer some comfort over strangeness for strangeness sake.
I would say the cheap gas has made the hybrids a lot less desirable.
1. I was looking at the macro perspective and wanted to do my part in lessening our dependency on oil... I just got back from Iraq with the military, so I guess that pretty much sums up this reason.
2. Our county charges personal property tax for every vehicle owned... hybrids are tax exempt from these taxes. So my savings in the payoff difference has now accelerated compared to just saving fuel.
3. The vehicle is very roomy, comfortable, and is surprisingly a very quiet vehicle (can't say much in comparison to a Prius... but I'd imagine it's better).
4. In the DC area, we can ride in the HOV lanes as a single passenger with hybrids... for those that's driven in DC before, that in itself is a lifesaver!
5. Of course, the environment - I guess I'm helping a little bit in that too.
6. The Highlander Hybrid uses regular unleaded. For a vehicle that has all the premium features that it has, I don't have to rely on paying extra for premium fuel as other vehicle manufacturers recommend with similar vehicles in it's class.
7. Great reviews from Consumer's Report so far and so far from my experience, I'd have to agree with them.
8. Toyota reliability and resale value (although it will be interesting how hybrids will fit into the equation years down the road.. but I planned to run it to the last mile anyway).
9. From what I understand, less wear and tear and the engine since it's assisted with the hybrid technology... brakes are also less prone to wear and tear as well since the hybrid electric motors take some of the load off in braking to regenerate it's charge in the batteries.
I avg about 24-30mpg (mainly depends if I run the heater a lot, how conservative I drive it).
I guess it depends on how you look at things by putting all the considerations together... if you really enjoy driving your vehicle, see the overall value(s) in what you're getting out of it, the benefits that you're gaining from the additional cost in the long run, and feel that you got a good price for what it serves... then at least you're making an informed decision. Although I may have paid some extra... I still feel pretty good about the purchase regardless.
You may indeed have made a smart move if you bought your hybrid a few years ago when gas was cheap. That takes courage. So many folks though ran out in a panic this summer and dumped their SUV for a 10K loss while picking up their hybrid for 3K over sticker.
They would have to drive to the moon and back to have saved any real money. That's just foolish in my book.
I think the smart move now would be to buy a SUV for pennies on the dollar and drive it on the cheap gas. In a year or so when all the people who bought hybrids get tired of them and trade them in, there will be a glut on the market and you can walk away with one cheap.
Buying a car so you can feel smug is usually not a good idea from a financial point of view. This applies to both hybrids and SUVs.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Why? Because it's not soft and cushy. It's firm and supportive. Just personal preferences I guess.
You are right it does not minimize road noise at all. It's the trade off between extra weight for sound dampening materials and lighter weight for better fuel economy.
I'd also imagine that the Prius has some kind of special tire that's a little extra hard, to reduce rolling resistance?
I've never driven a Prius, but I have ridden in a few. I think it's pretty comfy and roomy. Definitely a step above something like a Yaris or Corolla. I don't think it has enough shoulder room to rightfully be called a midsized car, even if the EPA says it is. But IMO it's a very comfy 4-seater.
My biggest beef with the Prius is that I just can't get past the styling. Well that, and the fact that I don't drive nearly enough to justify ever buying something like that. But I can see its appeal, in the right circumstances.
Nothing special one way or another. $60 at Tire Rack.
However back to the subject today gas was $1.88 for regular in Riverside, Ca. You would be very hard pressed to get the additional money a hybrid costs over their non hybrid counterparts. So unless I could get Insight fuel mileage why jump on any bandwagon? Hybrids need to optimism fuel mileage and if and when they do then it will not matter what fuel cost they will sell. When they get 15 to 20 percent better fuel mileage than their counter parts and in return cost 15 to 20 percent more they will not sell.
Google News shows not stories yet....WTH?
This occurs several times a year and all the vehicle makers agree to the procedure.
which "this" are you referring to here?
The post was inaccurate in attempting to sling mud at hybrids in general. The Malibu 2-Mode and the Camry hybrid and the Escape hybrid and the Civic hybrid and the GS 450h are not uglier than their non-hybrid counterparts. In fact they are no different. So that whole misconception is faulty.
The second paragraph is factually inaccurate as well except for the price of gas in Riverside.
I don't mind the difference of opinion about the Prius but I do mind misinformation and negitive inuendoes by others. I speak with 95K miles under my belt in an '04 Prius. If someone doesn't like the styling or they think there's a bit too much road noise that's just fine but when the issue is a hybrid doesn't make itself worth the extra money I say baloney. I've saved in access of 10 Grand in gas money. Everyone reading this site must know that gas will rise again. It's just a matter of time. Funny..Remember when we all thought gas was high when it crowded 2 bucks 6 or 7 yrs ago? The resale of a Prius ranks up there with the best of em. Owners are consistantly glad owners. The car has a great track record and has been the receiver of accolades from just about every noteworthy critic and that is a fact that sez it all. I will be looking forward to the 3rd Gen Prius and any car that attempts to follow Toyota's lead to build quality, dependable and "smart, green " cars. I also have hopes that this country of ours gets back on its' feet soon so we can put the last few years behind us while learning from our blunders. Ever wonder if gas was just a buck and a half over these last 5 or 6 yrs we'd be in as much trouble as we are? Some might say that gas started it all. Who knows?
Your stats on the Prius are dubious and even if close it says nothing about the car that the same figures say about the rest of the industry. How about the sales numbers of Hummers ..Escalades.. and...the last of the Excursions? They're collecting rust and dust as the situation worsens. Take a look at another vehicle that's taking a beating worse than the "Big 3". Recreational vehicles are litteraly dead. Indiana laid off thousands this past summer and that's just the beginning of this problem. Ask an R.V.er if he can sell his behemoth that's sitting in the yard collecting cobwebs.
Given the current economic "state of mind" I think hybrid sales, as with the sales of any higher priced item are going to suffer a bit more than sales of basic items.
That was not a slam on the batteries. It was in reference to those that said there was a shortage of Prius because there were no batteries available. I think you are blinded by your love of the hybrids. It is true that the market overall is down. Toyota has sold more Sequoias and Landcruisers this year than last. Even November was in the plus column for the big ToyLex SUVs.
The question was Does the current situation affect hybrid sales my post was stating that yes Cheap gas has affected hybrids sales more than most small cars.
I don't think it's just cheap gas that's affected the hybrids, but a combination of cheap gas and the recession. Hybrids always carried a price premium, and now that the economy is shot, that premium might be putting them out of reach of many buyers.
The recession might be making some buyers re-think what they really need, and go for something cheaper and more economical, regardless of gas prices. As a result, some cars like the Civic, Corolla, etc, might still not do too bad in this economy. But a hybrid, and the price premium it carries, is going to be viewed as more of a luxury item.
Cars like the Prius also might have been over-sold back when gas was at its peak, pulling forward buyers who might have bought one, but just at a later date. So that could also partly explain why sales have fallen off so sharply.
Also, I'd think that something like a Prius isn't the type of car that people are going to trade in every few years. These are probably people who did the math, figured out their breakeven point, and intend to drive the car until it gets there. So while some cars, especially those with a high lease rate might commonly get replaced every 2-3 years or so, the typical Prius owner might hold onto their car longer. And that lower turnover is going to saturate the market more quickly.
About 1990 CARB mandated 10% ZEV cars by 1998 in CA. Clinton authorized a few billion to build next generation cars in 1993. The money was only allocated to the Big 3. They did in fact come up with high mileage hybrids. Toyota went to Japan and got funding to also build a hybrid at the same time. The Big 3 showed off their hybrids in 2000. The Dodge intrepid ESX was being tested in 1997. There are many stories as to why they never built them. Most was related to the high cost of lightweight materials. These cars were all capable of 72-80 MPG. The Big 3 were also working on EVs to satisfy the CA mandate. The impracticality of the lead acid and NiMH EVs was soon apparent. And with the hybrids just around the corner CARB changed their mind. That gave Toyota a great opening for the Prius. I know for a fact they could not give them away to start with. I test drove one of the first ones in San Diego. I thought it was cool and it was being offered for $20k with a great 8 year B to B warranty. Wife hated it and that ended the Prius in my garage. The Big 3 lost out because they did not think it would ever sell. It did and Toyota got the jump on the Big 3.
http://www1.eere.energy.gov/vehiclesandfuels/facts/favorites/fcvt_fotw128.html
That is how it happened. Sadly the RAV4 EV was a decent vehicle. Those that have them are still going. Some have replaced the NiMH with Li-Ion batteries. As is still the case, the batteries are expensive and will need to come down a lot to bring EVs back to the forefront.
The top five best sellers were: Ford Fseries (37,900, -18%), Chevy Silverado (29,500, -22%), Camry (25,200, -29%), Corolla (21,800, -13%), and Civic (17,700, -29%).
If that is the case I may have to reverse my earlier post. I simply didn't think it would effect hybrids anymore than other cars.
Oh did I mention currency currency currency .... again for the 27th time. The JY / US$ exchange rate stood at 94 / 1 yesterday !!!!! At this rate there is NO incentive at all to ship products form there to here. Every month this same subject comes up and every month I have to keep bringing up the reminder about the currency.
With the industry down 20-30% for the year it's pretty strong that Prius sales are down only 10% due to the super strong in spring and summer
In sheer volume, Toyota's Prius was hardest hit.
Although still the industry leader with slightly more than half of all hybrid sales in November, Prius volume of 8,660 for the month was down 48.3 percent from 16,737 sold a year earlier and off 26.7 percent from 11,804 sold in October.
"It's just too expensive" when gas prices are low, said analyst Caldwell.
Not the time to be expecting higher ticket items to move big numbers.
I'm not buying that. Why are the hybrids stacked up on the dealers lots? Yaris is up in sales YTD. It takes up as much room on the ship as a Prius. I think cheap gas has tempered the average buyers willingness to spend $5k to $10k more for a car that only gives marginal increase in MPG. What will a Prius do that a $12k Yaris won't do? They get easy 40 MPG highway.