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Hybrids pay for themselves
Message
From
24/08/2006 16:14:44
 
 
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01147985
Message ID:
01148361
Views:
16
Hi Fred,

Because this is the second time you've mentioned cost-effectiveness, I just had to ask...

Given the vehicles we see on the road, what percentage do you honestly think pay ANY attention to the cost-effectiveness of their vehicles?

I'd say less than 5% myself.

I believe this cost-effectiveness "argument" is just a handy one to hide other factors that REALLY are the issues. The Prius became "fashionable" amongst a certain set and others followed the trend. And production has, in my opinion, been kept deliberately low to keep the cachet alive.

My take is: I would have bought a Prius if I could have afforded the price of buying it because doing my bit for the environment is far more important than any calculated "cost-effectiveness". I bought compact fluorescent lught bulbs when they were $25.00 each for the same reason. Those I could afford, but $38,000. for a car was too much.

cheers


>Hi Bob,
>
>I agree, they certainly need to keep trying. It's just the current version ain't quite good enough!
>
>I've read there's a conversion kit you can add to an existing hybrid that bumps the MPG up to 100 but it's several thousand more $$$. If they came from the factory with that capability, and the cost wasn't too much, and the ROI was more like under 2 years, then they'll have something. As it is, they're not yet cost effective.
>
>
>>Hi Fred,
>>
>>At least the car companies are trying now, I predict that fleet averages of new cars will increase several MPG over the recent past (not because of hybrids). When they do, we need to bump up the CAFE standards while its hard for the auto manufacturers to say how hard it is and how much it will cost.
>>
>>Bob
>>
>>>>>>New study shows some hybrids pay for themselves in three years.
>>>>>>
>>>>>>http://www.foxnews.com/story/0,2933,210038,00.html
>>>>>
>>>>>Not unless you got the hybrid version cheap, got a big incentive, drive more than 500 miles a week and gas prices approach $5.00.
>>>>>
>>>>>For example:
>>>>>
>>>>>NMPG = Nonhybrid MPG 35
>>>>>HMPG = Hybrid MPG 60
>>>>>MilesWeek = 400 miles a week (more than most people drive)
>>>>>HybridPremium = $3000
>>>>>GasPrice = $2.79
>>>>>
>>>>>PayBackYears = HyBridPremium/(((MilesWeek*52)/NMPG-(MilesWeek*52)/HMPG)*GasPrice)
>>>>>
>>>>>Using the above numbers, it's over 4 years 4 months. And that doesn't even include the probably higher maintenance costs of the hybrid technologies. For Gas at $3.50 and 250 miles/week it's over 5.5 years. And most Hybrid premiums are larger than $3K. YMMV ;)
>>>>
>>>>Don't forget to factor in the need to replace the batteries after they can no longer be re-charged.
>>>
>>>I just don't see hybrids as being viable until the cost difference is nearer to zero, or gas goes to $10.
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