Toyota estimates the Prius battery will need to be replaced in 8-10 years. At that time, they expect the price to be down to $1000, and reconditioned battery packs will also be available. One of my car magazines had an article on it this month and they calculated that under those conditions the cost per mile of a Prius still dominates most gasoline cars even with the battery replacement factored in.Originally posted by: Daaavo
Originally posted by: maluckey
So where's the savings atwith the new hybrids? The mileage is average, the production costs and materials are more expensive, and the life expectancy of the batteries is short......I don't see any benefits except to say that you have one. A curiosity of sorts, nothing more.
I was in buying a couple oil filters at the local Toyota dealer last week and I asked the parts guy what the price of the main battery on the Prius cost. His first response was, "Ooooh, they are expensive!". He mentioned that on the first generation Prius the price was $8,000, but he thought the price of the latest version was a bit cheaper. After a little digging in his computer, he found it: $4,800 for the main battery on the 2004 Prius.