My hubby is going to sell his car :( **pics**

Originally posted by: Viper GTS

Originally posted by: jumpr

Originally posted by: Skoorb

Viper GTS is saying that a hybrid costs more to own than a regular old gas-fired engine. I'm telling him that while the initial cost is higher, if gas remains consistently priced, the costs of owning a hybrid come down continuiously as more miles are driven and less gas is used.

Well it depends on the hybrid in question and the ultimate cost of repairs on hybrids, including batteries, and likely gas prices, etc.

For the Accord Hybrid vs. the Accord V6, every 8000 miles @ $2/gallon of gas, the Accord Hybrid's costs will decrease by approximately $183. Seems pretty clear to me. The initial costs of the Hybrid are relatively quickly evened out by reduced consumable costs.

I don't think you understand how this works.

True cost to own covers things like depreciation, depreciation affects the Hybrid worse than the standard.

The hybrid's cost doesn't "decrease," it will always cost more to drive the hybrid vs the regular (unless gas prices change drastically).

Viper GTS

Right. I'm saying that while cost to own remains consistent, gas prices differ by $183 every 8000 miles (@ $2/gallon). After 150,000 miles, that adds up to almost $3500 saved by driving a hybrid (and 1715 gallons of gas, which is important if you care about that sort of thing).

 

[Viper GTS]

Originally posted by: jumpr

Originally posted by: Viper GTS

Originally posted by: jumpr

Originally posted by: Skoorb

Viper GTS is saying that a hybrid costs more to own than a regular old gas-fired engine. I'm telling him that while the initial cost is higher, if gas remains consistently priced, the costs of owning a hybrid come down continuiously as more miles are driven and less gas is used.

Well it depends on the hybrid in question and the ultimate cost of repairs on hybrids, including batteries, and likely gas prices, etc.

For the Accord Hybrid vs. the Accord V6, every 8000 miles @ $2/gallon of gas, the Accord Hybrid's costs will decrease by approximately $183. Seems pretty clear to me. The initial costs of the Hybrid are relatively quickly evened out by reduced consumable costs.

I don't think you understand how this works.

True cost to own covers things like depreciation, depreciation affects the Hybrid worse than the standard.

The hybrid's cost doesn't "decrease," it will always cost more to drive the hybrid vs the regular (unless gas prices change drastically).

Viper GTS

Right. I'm saying that while cost to own remains consistent, gas prices differ by $183 every 8000 miles (@ $2/gallon). After 150,000 miles, that adds up to almost $3500 saved by driving a hybrid (and 1715 gallons of gas, which is important if you care about that sort of thing).

Cost to own is NOT constant. PURCHASE PRICE is constant.

This is not complicated folks.

Also, for further comparison of a new vehicle vs keeping your existing used vehicle:

I paid $2800 10 months ago for my 1995 Impreza. I have since put 11K miles on it. I have spent $500 on maintenance ($450 for OEM timing belt/water pump/etc/etc/etc + $50 for tire rotation & 4 wheel balance). I would estimate I have spent $1000 on gas. That's a total of $4300 for 11K miles. My first 11K miles cost me $0.39 a mile. Note that even accounting for the ENTIRE purchase price of my vehicle my per mile costs over 11K miles are still lower than the new Accords we're comparing.

Let's take my next 11K miles of driving into account. I'll allot $500 for repairs/maintenance since it is a 10 year old car and another $1000 for gas. Hell, call it $1200 to account for gas going up 20%. That's $1700 for another 11K miles, or $0.15 a mile. The first 22K miles cost me $6,000 or $0.27 a mile. And that's assuming $0 residual value of my car! I could total it tomorrow & walk away cheaper per mile than buying anew car. In reality I could sell my car for probably $3,000 quite easily, which makes my TRUE cost to own roughly $0.13 per mile.

Viper GTS

 

[imthebadguy]

just dont replace it with a japanese, you will be sorely disappointed

 

[BMdoobieW]

That is one sweet car! Please don't sell it.

 

[remagavon]

Originally posted by: blazert40
I can't believe how many people are getting rid of their cars because the gas prices have gone up 40 cents a gallon, doesn't seem like its enough to justify it IMO.

Just my 40 cents

BTW I have a 14 MPG Tahoe so I know how it feels, but I'm not gonna try an get rid of my ride as a result.

Edit: my math sucks, nevermind!

 

[imported_malcontent]

Originally posted by: jumpr
That is the cleanest 13-year-old car I've ever seen.

Absolutely! Looks like it's in perfect condition. Awesome car.

 

[Kenazo]

Originally posted by: imthebadguy
just dont replace it with a japanese, you will be sorely disappointed

The mileage would be better w/ one of these though.

 

[RbSX]

Originally posted by: Sealy
My husband as an awesome '92 500E Mercedes, and he's advertising it to sell

We could afford to keep it, even with gas being the way it is...but he drives a lot for his work, and it's just too crazy. He could think of better things to spend his money on than stupid gas prices!

Oh well!

I love that car...it's very fun to drive! Here are some pics!500E

edited

 

[Gigantopithecus]

Originally posted by: Viper GTS

Originally posted by: jumpr

Originally posted by: Viper GTS

Originally posted by: jumpr

Originally posted by: Skoorb

Viper GTS is saying that a hybrid costs more to own than a regular old gas-fired engine. I'm telling him that while the initial cost is higher, if gas remains consistently priced, the costs of owning a hybrid come down continuiously as more miles are driven and less gas is used.

Well it depends on the hybrid in question and the ultimate cost of repairs on hybrids, including batteries, and likely gas prices, etc.

For the Accord Hybrid vs. the Accord V6, every 8000 miles @ $2/gallon of gas, the Accord Hybrid's costs will decrease by approximately $183. Seems pretty clear to me. The initial costs of the Hybrid are relatively quickly evened out by reduced consumable costs.

I don't think you understand how this works.

True cost to own covers things like depreciation, depreciation affects the Hybrid worse than the standard.

The hybrid's cost doesn't "decrease," it will always cost more to drive the hybrid vs the regular (unless gas prices change drastically).

Viper GTS

Right. I'm saying that while cost to own remains consistent, gas prices differ by $183 every 8000 miles (@ $2/gallon). After 150,000 miles, that adds up to almost $3500 saved by driving a hybrid (and 1715 gallons of gas, which is important if you care about that sort of thing).

Cost to own is NOT constant. PURCHASE PRICE is constant.

This is not complicated folks.

Viper GTS

Nor is this.

Like the OP stated, there are better things to spend your money on than terrorist-breeding despots.

 

[SSP]

Is you hubby still a goalie?

 

[Eli]

Dun dun dun, another one bites the dust..

 

[Sealy]

Originally posted by: SSP
Is you hubby still a goalie?

Goalie?? In hockey? He plays Defence in hockey...sometimes in beer league hockey!

 

Originally posted by: Sealy
My husband as an awesome '92 500E Mercedes, and he's advertising it to sell

We could afford to keep it, even with gas being the way it is...but he drives a lot for his work, and it's just too crazy. He could think of better things to spend his money on than stupid gas prices!

Oh well!

I love that car...it's very fun to drive! Here are some pics!500E

For all of you wonderful people arguing, see bolded statement. I really don't want to get into your rehashed hybrid thread arument.
Ok, I can't resist.
ViperGTS: In the beginning of this thread you referenced cost to own as something that does not change, then you said cost of ownership is not constant. Which is it?
I understand the edmunds TCO is an ok gauge, but it's not hard fact. I also see the way both of you are approaching the argument. There are different reasons for car ownership.
But enough of that hybrid car dicussion...

When you drive a lot of miles for work the gas mileage you are getting is constantly on your mind. I drive 1000 miles or more a week for work and change in gas mileage makes a big change in the wallet. Also bulletproof reliability is obviously a huge factor.

That being said, I'll take the car off of you ... $29.95!

 

[Aquaman]

I hope you get a good price for it

Cheers,
Aquaman

 

[Jassi]

That is a sweet car!

 

[Viper GTS]

BTW, just for you jumpr:

http://www.edmunds.com/advice/specialre...59897/article.html?<E:track%20comp='cto'%20lCode='1'%20/>

At this point you are probably wondering how Edmunds comes up with these figures. There are seven categories of TCO costs: depreciation, financing, insurance, taxes and fees, fuel, maintenance and repairs. The costs are researched and placed into a series of proprietary algorithms developed by Edmunds' statisticians. The result is an estimated total ownership cost for a five-year period. This information is presented on a single page on Edmunds.com for each vehicle (beginning with 2002 models). The information is standardized, so expenses for different cars can be accurately compared.

In short, TCO INCLUDES fuel costs. In fact fuel comprises less than 10% of the TCO. Gas would have to more than double before the Hybrid would pay for itself.

Viper GTS

 

Originally posted by: Viper GTS
BTW, just for you jumpr:

http://www.edmunds.com/advice/specialre...59897/article.html?<E:track%20comp='cto'%20lCode='1'%20/>

At this point you are probably wondering how Edmunds comes up with these figures. There are seven categories of TCO costs: depreciation, financing, insurance, taxes and fees, fuel, maintenance and repairs. The costs are researched and placed into a series of proprietary algorithms developed by Edmunds' statisticians. The result is an estimated total ownership cost for a five-year period. This information is presented on a single page on Edmunds.com for each vehicle (beginning with 2002 models). The information is standardized, so expenses for different cars can be accurately compared.

In short, TCO INCLUDES fuel costs. In fact fuel comprises less than 10% of the TCO. Gas would have to more than double before the Hybrid would pay for itself.

Viper GTS

You got my PM. I'll respond here too.

The only major disparity in costs between the Accord hybrid and the normal Accord are the depreciation costs. If you take out edmunds arbitrary cost of depreciation, the hybrid and the normal car cost nearly exactly the same to run from the start.
As time goes on and all costs stay constant like edmunds thinks they will, the hybrid will cost you less to fuel.

In reality, it's a wash.