On 5/2/06, Zaphod Beeblebrox <[EMAIL PROTECTED]> wrote:
> There's a fault with this argument though.  If you were considering a
> non-hybrid prius against a hybrid prius, the argument may be valid.  But if
> you buy a prius to have a prius, you're not paying anything above the
> "normal' cost.

No fault in the argument, though the fact that there is no such thing
as a non-hybrib Prius does make comparisons a little more difficult.

> If we're going to use that argument, we all need to driving old geo metros
> since they're cheap and get decent mileage.

My argument was simply that X is more expensive than Y.  Yes, you
could take that to an extreme, but that was clearly not my point.

> Also, what happens 3 years down the line and say gas goes up to $6 a
> gallon.  How much will your gas only vehicle retain in value vs a hybrid?

That actually would be a good problem for someone in finance.  Even a
good assignment for a college kid in finance classes.  The real
question is that if you can assume gas price is the only significant
unknown variable, where is the break even point?

Edmunds.com has done an article on this and they predict that gas
would have to be at least "$5.60 per gallon for hybrid drivers to
break even if they drove 15,000 miles per year over the five years"
(http://www.edmunds.com/help/about/press/105827/article.html). 
Admittedly, this article's almost one year old, and that break even
point will come down a bit as technology advances, but IMHO is
unlikely to be reached during the lifetime of a car purchased today.

-Cameron

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