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Hybrids Success in the Marketplace - Hybrid Sales Numbers

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Comments

  • larsblarsb Posts: 8,204
    There was a "big naysayer" comment last month about how the Prius was a "whole 3 percent" below the 2005 sales figures.

    As of the end of September, it's now 0.6 percent behind, or in total cars sold, 103 cars behind the 2005 pace.

    I doubt it surpasses 2005 by very much, but I think it will.
  • terry92270terry92270 Posts: 1,247
    Exactly.

    Remember the rush to buy before the Federal Tax Credits expired helped them deplete standing inventories, and are not reflected in those figures, which won't be released until next month, or the end of Quarter. ;)
  • gagricegagrice Pahrump, NevadaPosts: 31,224
    I doubt it surpasses 2005 by very much, but I think it will.

    What great incentive to buy a hybrid now? Cheap gas and no HOV stickers left. If they did not pass 2005 it could be Toyota holding back on manufacturing also. The statement was made that Toyota would sell 250,000 hybrids in 2006. I don't think it will be close to that.
  • terry92270terry92270 Posts: 1,247
    How funny human nature is, that we so easily forget the past, and consider only now.

    You think there is "cheap" gas now? Simply because it has declined from $3.30 for regualr unleaded to $2.85 :confuse:

    What was it one year ago? 18 months ago? Two years ago?

    Saving even $50 per month is a big deal to most people. Hybrids save, no matter what the retail price of gasoline is, and no matter what, they will go farther on less gas, than anything else made for the mass market. Period.

    As for HOV stickers, that depends upon where you live, and most quotas re-set in January elsewhere.
  • gagricegagrice Pahrump, NevadaPosts: 31,224
    Not sure where you are paying $2.85 for regular. Even in San Diego it is under $2.50 now and oil dropped into the $58 range today. There have been volumes written on whether you save any money buying a hybrid. You say yea, I say nay. It will be a long time before any real data will be available to sort it out. If there was to be a big year for hybrid sales this was it. Big tax breaks and HOV lane privileges. I agree that saving $50 a month is a lot for some. Is it enough to take on another payment for a more expensive vehicle? I don't think so. Or jam your teenagers into a Civic when they would be more comfortable in a larger vehicle. If you commute more than 50 miles a day I would probably recommend a hybrid. Otherwise I think they are a waste of money.
  • terry92270terry92270 Posts: 1,247
    We don't disagree. It is merely a matter of degree. ;)

    Gasoline in Reno, Nevada is still above $2.85, and that was the case last week in the Bay Area and Sacramento.

    Highlander Limited Hybrids, as posted in this very forum, have been going for very little over $2000 over their ICE counterparts at dealers lately. As my Dad once told me while calling me an idiot for forgoing AC because of the price: "You're financing the car! How much, in the end, do you think that $600 for AC is really going to save you?". Even $3000 extra, over 60 months is $50 per month. So the minimum savings on gas washes the extra price in 5 years, and if a person drives 15-20K per year, or the price of gasoline really dives back upward again, the savings are very real indeed. And of course the Hybrid Highlander has more power than the ICE one. :P

    Add in the intangibles, like being better for the environment and its cool tech display, it really isn't a big issue, the price. Besides, even Consumers Reports has reversed itself, and they once agreed with you. ;)
  • larsblarsb Posts: 8,204
    Wednesday, 4 October 2006
    Despite Oil Change Hybrids Sell
    Topic: New Vehicles
    Event though gas prices have fallen well below $3 in most of the country the top-selling hybrid models continue to move out of dealerships. Truck sales are still slipping, but not as badly as in the previous months. Perhaps consumers who are opting for fuel efficiency won't ever go back to larger vehicles.

    A quick scan of the numbers from September:

    Toyota boosted passenger car sales in September by 12.4 percent over last year, including a 23.1 percent jump in Prius' sales. Honda's best selling Civic Hybrid shot up 25.9 percent, while Honda car and light trucks rose 7.3 percent.


    Hybrids still hot
  • Saving even $50 per month is a big deal to most people. Hybrids save, no matter what the retail price of gasoline is, and no matter what, they will go farther on less gas, than anything else made for the mass market. Period.


    Save 50 a month in gas, while spending 4000 more to buy the vehicle.

    Can you say "penny wise and pound foolish"
  • terry92270terry92270 Posts: 1,247
    The prices, as posted in these forums, don't support your statement at all.

    People are buying Toyota Camry Hybrids for no more than the price of a LE or XLE. Read the prices paid forum. ;)
  • larsblarsb Posts: 8,204
    Sales of Toyota hybrids were down 4,136 vehicles in October 2006 versus September.

    Some of that I'm sure is lower gas prices.

    Wonder how much is a lower tax credit as of Oct 1st for the 'Yota/Lexus hybrids?

    Let's hope people (car buyers) are not so shallow and sheep-like that so many of them were only buying hybrids for the tax break.

    Shame on them if they were !!! :mad:
  • gagricegagrice Pahrump, NevadaPosts: 31,224
    Let's hope people (car buyers) are not so shallow and sheep-like that so many of them were only buying hybrids for the tax break. Shame on them if they were

    You are funny guy. It was not just the price of gas or the tax break. It was also the HOV sticker. When they are all gone NO one will buy a Prius or HCH.

    I think the TCH has a better chance of making it on its own merit. As long as they sell them at a price break that is acceptable to the buyers.

    I guess you also noticed that Prius sales are lower for the year. In fact Toyota overall sales increase is mostly in the truck division. The Corolla and Scion have kept the numbers high for Toyota cars. People really want an SUV. The knee jerk reaction to higher gas prices was go buy a Corolla or Scion. When the gas prices were peaking out is when they should have bought that SUV they wanted.

    What's the bet Prius does not make their 110k goal for 2006?
  • larsblarsb Posts: 8,204
    Prius will not hit 110,000 for sure, because that would mean 10,164 each month in Nov and Dec, and that's not very likely.

    Anyone with a brain knew the TCH would take some sales out of the Prius camp. And lower gas prices are probably the most damaging issue.

    The HOV stickers were extended to take in 10,000 more hybrid owners, so that's probably not much of a factor.

    And saving the best for last:

    gary says: "When the HOV stickers are all gone NO one will buy a Prius or HCH. "

    Let's make a bet on THAT one big fella.....are you saying Prius and HCH sales are based SOLELY on HOV access? In what state? There's no hybrid HOV access privilege in Arizona, but they still sell plenty of hybrids.

    Anyone who buys a hybrid for only ONE reason, the HOV privilege, is a fool. That's right, a FOOL. :shades:
  • gagricegagrice Pahrump, NevadaPosts: 31,224
    If anyone is looking for a Prius. Check out Bob Baker Toyota of Lemon Grove. They have 30 Prius on the lot with 30 more coming in. Prices start at $21,725 according to their website?

    Prius fire sales

    PS
    They show 64 Highlander Hybrids in their inventory. Is that possible for one dealer, even a big one?
  • larsblarsb Posts: 8,204
    Google search of news finds no stories about hybrid glut.

    However excited you are about the prospect Gary, I think it's a little early to start thinking that dealers will be selling them off at invoice prices..... :shades:
  • gagricegagrice Pahrump, NevadaPosts: 31,224
    They have been selling the Highlander Hybrid at invoice for several months. Several posters have gotten big discounts on the Prius over the last month. The Tax credit strangle hold is a non issue now.

    I have not seen the HCH sales figures for Honda. I doubt it is anything to shout about. The Civic sales are off 10% over last year. The old generation Corolla ate their lunch. If it were not for big gains in SUV and minivan sales, Honda would have a losing year.
  • larsblarsb Posts: 8,204
    Allow me to enlighten you:

    Honda Civic sales in October were:

    2,288

    and for the year are:

    26,637, which is 25.3% higher than the YTD HCH sales in October of 2005.

    So they are UP.

    HAH sales are down 67.8% in 2006 versus 2005.

    Insight sales however are UP 27.1% over 2005 figures.

    YTD Honda hybrid sales are:

    32,278

    which is down 13% from this time last year, mostly on the tanking of the HAH sales.

    from this page:

    Honda reports Oct 2006 sales
  • terry92270terry92270 Posts: 1,247
    I understand what you are saying, however if you look at all sales figures, for all models and manufacturers, what do you see?

    Lots of models are way down. :P
  • gagricegagrice Pahrump, NevadaPosts: 31,224
    No comment on the fact that Toyota and Honda are making their real gains selling SUVs and trucks? That is the real story of American vehicle sales. Those of us that would like to use less energy are not winning. The main reason? Polarization. I want to save with diesel you want to save with complex technology. The same battle is being fought at a much higher level. Where we have little or no say in the matter.

    Look at the bright side. Honda can probably sell their hybrids for at least another year before the incentive gets cut in half. Then GM will get a shot at the Pork with their new hybrids.
  • terry92270terry92270 Posts: 1,247
    "The main reason? Polarization"

    Exactly.

    Just as we see in most other areas of society; Polarization, impatience, anger and intolerance of other points of view.

    Including board forums. ;)
  • larsblarsb Posts: 8,204
    No, absolutely the main reason is not POLARIZATION between diesel and hybrid advocates. That's a little egotistic to say that we are so important, eh?

    Even diesel and hybrid combined is less than 8% of the market.

    Us battling amongst ourselves has nothing to do with Joe SixPack taking up GM on that 6-yr zero interest SUV offer.

    People in the USA like trucks and SUVs when gas prices are "low" and nothing we diesel or hybrid advocates can do will change that.
This discussion has been closed.