AirgunSavant
Thread starter
I understand that but I'm looking at under $23K but I never buy hybrids based on cost factors and pay back.
Never did. That said when gas gets back to $4 then that math may get interesting but I do agree.
There are people that would spend a $100K for 65 mpg and be happy doing so- not me but you get my drift.
I'm not a greenie either but I think its more of an engineering thing with me. But you're right!
Originally Posted By: Nick1994
If your goal is to save money, a Prius isn't going to do it for you. Get out a calculator and do the math.
2017 Corolla msrp - $17,300 - 31 mpg combined
2017 Prius msrp - $24,685 - 52 mpg combined
20,000 miles a year, $2.25 a gallon, 31 mpg is $1,451 in gas per year
20,000 miles a year, $2.25 a gallon, 52 mpg is $865 in gas per year
A $586 difference. With a $7,385 purchase price difference, it would take 12.6 years just to break even. And even by then, you've probably had to replace the hybrid battery, so then it takes longer to break even.
But maybe if you can get some rebates it might help but it'll still take a long while to break even.
Never did. That said when gas gets back to $4 then that math may get interesting but I do agree.
There are people that would spend a $100K for 65 mpg and be happy doing so- not me but you get my drift.
I'm not a greenie either but I think its more of an engineering thing with me. But you're right!
Originally Posted By: Nick1994
If your goal is to save money, a Prius isn't going to do it for you. Get out a calculator and do the math.
2017 Corolla msrp - $17,300 - 31 mpg combined
2017 Prius msrp - $24,685 - 52 mpg combined
20,000 miles a year, $2.25 a gallon, 31 mpg is $1,451 in gas per year
20,000 miles a year, $2.25 a gallon, 52 mpg is $865 in gas per year
A $586 difference. With a $7,385 purchase price difference, it would take 12.6 years just to break even. And even by then, you've probably had to replace the hybrid battery, so then it takes longer to break even.
But maybe if you can get some rebates it might help but it'll still take a long while to break even.