Hybrid Fit among three new honda hybrids soon
Push My Button
Joined: May 2007
Posts: 4,997
From: Calgary, Alberta
I agree with most of the people on here, Hybrids are just hyped eco cars for people with cash to burn. Just like E85 (which is turning out to be a giant bust).
A small gas engine car is still the most reliable and nearly most ecenomical car you can get. Easy and cheap to fix, fuel sources are everywhere and you arn't paying a premium for questionable technology.
A small gas engine car is still the most reliable and nearly most ecenomical car you can get. Easy and cheap to fix, fuel sources are everywhere and you arn't paying a premium for questionable technology.
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Someone that spends his life on FitFreak.net
Joined: Feb 2006
Posts: 1,092
From: san francisco, ca, USA
http://www.autobloggreen.com/2008/07...international/
I wonder if this is the CRZ. It looks like it, minus a top. That would be sick if the CRZ is a convertible!
I wonder if this is the CRZ. It looks like it, minus a top. That would be sick if the CRZ is a convertible!
New Member
Joined: Jan 2006
Posts: 18
From: Clemmons, NC
That's an OSM, or Open Study Model, not a CR-Z.
I think that Americans and the rest of the world have a different idea as to what constitutes as small.
A small gas engine car is still the most reliable and nearly most ecenomical car you can get. Easy and cheap to fix, fuel sources are everywhere and you arn't paying a premium for questionable technology.
New Member
Joined: Jul 2008
Posts: 3
From: Union city, CA
Thanks for the very well said explanations above..
I still don't buy this types of cars, maybe when it's out in the market for a very long time and had proven it's worth, then that's the only time that I'd go for it =)
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I still don't buy this types of cars, maybe when it's out in the market for a very long time and had proven it's worth, then that's the only time that I'd go for it =)
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Homeowners Insurance Quotes debt consolidation
Member
Joined: Feb 2008
Posts: 28
From: Florida
Ok information to consider.
Before you purchase one get the facts and do the math.
EPA avg MPG for both or actuals if it's been around for some time.
Cost MSRP or going price for each
hybrids are and will be at MSRP or more. That's a fact and market driven.
A Take the COST difference between the two cars ($22k- $15k = $7k)
B Estimate you annual miles you drive 12,000
C Pick a gas cost like $4, $4.5 and $5
calc the cost of each car to drive the distance B at the cost of gas C
Subtract the two
Divide that into the cost diff of the two cars A
examples
(12,000/55)*4 = $873 - (12,000/40)*4 = 1200. $1200 -$873 = $327
(12,000/55)*5 = $1091 - (12,000/40)*5 = $1500. $1500 - $1091 = $409
(20,000/55)*5 = $1818 - (20,000/40)*5 = $2500. $2500 - $1818 = $682
$7k / $327 = 21 years ($4/gal, 12k miles)
$7k / $409 = 17.1 years ($5/gal, 12k miles)
$7k / $682 = 10.3 years ($5/gal, 20k miles) worst case???
Thats the number of years to arrive at the point the hybrid is making a return on the higher cost.
I did this when I bought my Fit. Looking at a Prius and it was well over 10 years (expected ownership time) ie not a good investment.
You can get into more detail like the other cost to own a hybrid. At some points all that extra stuff will fail. Batteries will need to be replaced at some point and they cost $5k+
OK figured I'd help with real math and you can have fun blasting at it but to me if $$$'s is on your mind this tells it all.
I made a spread sheet to do this so I could adjust the numbers easy
Before you purchase one get the facts and do the math.
EPA avg MPG for both or actuals if it's been around for some time.
Cost MSRP or going price for each
hybrids are and will be at MSRP or more. That's a fact and market driven.
A Take the COST difference between the two cars ($22k- $15k = $7k)
B Estimate you annual miles you drive 12,000
C Pick a gas cost like $4, $4.5 and $5
calc the cost of each car to drive the distance B at the cost of gas C
Subtract the two
Divide that into the cost diff of the two cars A
examples
(12,000/55)*4 = $873 - (12,000/40)*4 = 1200. $1200 -$873 = $327
(12,000/55)*5 = $1091 - (12,000/40)*5 = $1500. $1500 - $1091 = $409
(20,000/55)*5 = $1818 - (20,000/40)*5 = $2500. $2500 - $1818 = $682
$7k / $327 = 21 years ($4/gal, 12k miles)
$7k / $409 = 17.1 years ($5/gal, 12k miles)
$7k / $682 = 10.3 years ($5/gal, 20k miles) worst case???
Thats the number of years to arrive at the point the hybrid is making a return on the higher cost.
I did this when I bought my Fit. Looking at a Prius and it was well over 10 years (expected ownership time) ie not a good investment.
You can get into more detail like the other cost to own a hybrid. At some points all that extra stuff will fail. Batteries will need to be replaced at some point and they cost $5k+
OK figured I'd help with real math and you can have fun blasting at it but to me if $$$'s is on your mind this tells it all.
I made a spread sheet to do this so I could adjust the numbers easy
a very good study. this is something more people should think about when buying a prius. very smart. can you sent me the spread sheet that was made. thanks
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