Someone explain to me the logic behind buying a Toyota Prius over a Toyota Yaris

[krunchykrome]

A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

 

[Demon-Xanth]

The Prius comes with an image.

 

[krunchykrome]

Originally posted by: Demon-Xanth
The Prius comes with an image.

The label of an environmentially conscience person is not worth $10700. And I know the added value isn't found in it's looks or styling. The Prius does have some nice options that the Yaris doesnt have for example the HID lights. But nothing and I mean nothing on or in that car beats these other economy cars in value.

 

[theNEOone]

it's the extent to which some people go to *gasp* help reduce carbon emissions.


=|

 

[Demon-Xanth]

Most people buy cars based off the image that they portray. The price isn't worth it to you, but it is for a lot of people.

 

[desy]

The cabin space of a Prius is supposed to be equivilant to a Camry so thats the comparison they would like you to make.

 

[chuckywang]

Originally posted by: krunchykrome
A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

Dude, the Yaris costs more than that. You have to get some upgrades that'll cost a few thousand.

 

[pray4mojo]

Originally posted by: krunchykrome

Originally posted by: Demon-Xanth
The Prius comes with an image.

The label of an environmentially conscience person is not worth $10700. And I know the added value isn't found in it's looks or styling. The Prius does have some nice options that the Yaris doesnt have for example the HID lights. But nothing and I mean nothing on or in that car beats these other economy cars in value.

Its probably not worth $10700 to you but it may be to some others.

 

[krunchykrome]

Originally posted by: chuckywang

Originally posted by: krunchykrome
A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

Dude, the Yaris costs more than that. You have to get some upgrades that'll cost a few thousand.

Dude, those prices are MSRP prices without any options or packaging. That includes the Prius too. You wanna price the Prius with a package option and price the Yaris with a package option and see what happens?

 

[chuckywang]

Originally posted by: krunchykrome

Originally posted by: chuckywang

Originally posted by: krunchykrome
A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

Dude, the Yaris costs more than that. You have to get some upgrades that'll cost a few thousand.

Dude, those prices are MSRP prices without any options or packaging. That includes the Prius too. You wanna price the Prius with a package option and price the Yaris with a package option and see what happens?

No, that price is nothing more than a marketing tool. If you go to build a Yaris online, you HAVE to add on "options" that'll cost at least 700 dollars.

 

[krunchykrome]

Originally posted by: pray4mojo

Originally posted by: krunchykrome

Originally posted by: Demon-Xanth
The Prius comes with an image.

The label of an environmentially conscience person is not worth $10700. And I know the added value isn't found in it's looks or styling. The Prius does have some nice options that the Yaris doesnt have for example the HID lights. But nothing and I mean nothing on or in that car beats these other economy cars in value.

Its probably not worth $10700 to you but it may be to some others.

Well, obviously. But to those of us that are intelligent enough to recognize BS, it makes no logical sense what so ever.

 

[sandorski]

If you don't want it, don't buy it.

 

[DingDingDao]

Originally posted by: chuckywang

Originally posted by: krunchykrome

Originally posted by: chuckywang

Originally posted by: krunchykrome
A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

Dude, the Yaris costs more than that. You have to get some upgrades that'll cost a few thousand.

Dude, those prices are MSRP prices without any options or packaging. That includes the Prius too. You wanna price the Prius with a package option and price the Yaris with a package option and see what happens?

No, that price is nothing more than a marketing tool. If you go to build a Yaris online, you HAVE to add on "options" that'll cost at least 700 dollars.

And you don't think that the same thing applies to the Prius? :roll:
The Yaris, with options, might run you about $14K OTD (including TTL). If you think you can get a Prius OTD for less than $30K, good luck with that.

 

[theNEOone]

Originally posted by: krunchykrome

Originally posted by: pray4mojo

Originally posted by: krunchykrome

Originally posted by: Demon-Xanth
The Prius comes with an image.

The label of an environmentially conscience person is not worth $10700. And I know the added value isn't found in it's looks or styling. The Prius does have some nice options that the Yaris doesnt have for example the HID lights. But nothing and I mean nothing on or in that car beats these other economy cars in value.

Its probably not worth $10700 to you but it may be to some others.

Well, obviously. But to those of us that are intelligent enough to recognize BS, it makes no logical sense what so ever.

yes, very true. i am now recognizing your post as BS and not making any logical sense.

tell me, what's the price tag that you put on 10 extra HP? or a console with certain placement of knobs? how much is a particular style of wheel worth over another? they're called preferences and some people pay for them. you might pay $80k for a porsche because of the style and performance whereas someone would wipe their ass with an $80k car and buy something else that falls in line with their preferences.


=|

 

[DaShen]

Originally posted by: krunchykrome

Originally posted by: Demon-Xanth
The Prius comes with an image.

The label of an environmentially conscience person is not worth $10700. And I know the added value isn't found in it's looks or styling. The Prius does have some nice options that the Yaris doesnt have for example the HID lights. But nothing and I mean nothing on or in that car beats these other economy cars in value.

I disagree... Cars in Modern Society is set up to be a status symbol. Why do people insist on buying high end $100,000 vehicles when they probably can't even drive it that fast. ANSWER - Status.

I think it is ridiculous and a car is a mode of transportation to me, not something I want to sell my future kids education. I would say for the most part cars are highly overpriced to begin with.

Add status, with being socially and environmentally aware (while still being an item used for a family), and you have a winning combination. That is where the Honda Insight went wrong. They geared it to hipsters and made it impratical for the average family driver (one of the biggest markets for cars).

 

[krunchykrome]

Originally posted by: DingDingDao

Originally posted by: chuckywang

Originally posted by: krunchykrome

Originally posted by: chuckywang

Originally posted by: krunchykrome
A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

Dude, the Yaris costs more than that. You have to get some upgrades that'll cost a few thousand.

Dude, those prices are MSRP prices without any options or packaging. That includes the Prius too. You wanna price the Prius with a package option and price the Yaris with a package option and see what happens?

No, that price is nothing more than a marketing tool. If you go to build a Yaris online, you HAVE to add on "options" that'll cost at least 700 dollars.

And you don't think that the same thing applies to the Prius? :roll:
The Yaris, with options, might run you about $14K OTD (including TTL). If you think you can get a Prius OTD for less than $30K, good luck with that.

Thats what I tried to explain in my reply to him but I guess I wasn't too clear. Priced with options, that $10700 would increase by a couple more thousand dollars.

 

[chuckywang]

Originally posted by: DingDingDao

Originally posted by: chuckywang

Originally posted by: krunchykrome

Originally posted by: chuckywang

Originally posted by: krunchykrome
A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

Dude, the Yaris costs more than that. You have to get some upgrades that'll cost a few thousand.

Dude, those prices are MSRP prices without any options or packaging. That includes the Prius too. You wanna price the Prius with a package option and price the Yaris with a package option and see what happens?

No, that price is nothing more than a marketing tool. If you go to build a Yaris online, you HAVE to add on "options" that'll cost at least 700 dollars.

And you don't think that the same thing applies to the Prius? :roll:
The Yaris, with options, might run you about $14K OTD (including TTL). If you think you can get a Prius OTD for less than $30K, good luck with that.

It doesn't apply to the Prius. You can buy the Prius with just the base model price, and not add any options. You can't do that with the Yaris. Just try to build one online and you'll see what I'm talking about.

ie, go here.

 

[dullard]

Gas savings is NOT the reason people buy it.

Thus using gas savings math to say it is a bad buy is a stupid useless exercise.

 

[krunchykrome]

Originally posted by: dullard
Gas savings is NOT the reason people buy it.

Thus using gas savings math to say it is a bad buy is a stupid useless exercise.

Logic was the topic of this thread. I never said that the gas savings were the reason people were buying it. I explained the gas savings because that was the main difference between the two cars and that would be the only logical explanation for purchasing a Prius over a Yaris, even though that alone would be ridiculous logic to base such a purchase on.

The majority here is saying that consumers are purchasing the Prius over the Yaris because of the green label that comes along with owning a Prius. $10K for this label seems ridiculous to me when the label you are buying the Prius for is "gas saver" when in reality, you're not saving anything.

I can totally understand purchasing cars based upon an image. People buy Acura over Honda, Lexus over Toyota, Infiniti over Nissan, etc, all for that image. But Acura is more refined than Honda, and Lexus is more refined than Toyota, and everyone knows this.

A Toyota Prius isn't much more of a gas saver or a environmentally friendlier car than a Toyota Yaris is and Im sure Im not the only one who understands this. Thats why I say that a $10000 difference for this particular image is absurd.

 

[mrchan]

Hybrids never made any economic sense.

It's for the tree huggers and the wannabe tree huggers.

 

[JulesMaximus]

Originally posted by: krunchykrome
A 2006 Yaris costs $10950 MSRP and the 2006 Prius costs $21725 MSRP. Highway MPG are 39 and 51 respectfully.


Lets say we drive 20000 miles every year and the gas price is a consistent $3.00 (gas price fluxuations do not make a difference)

Fuel costs for the Prius annualy would be $1176 while the fuel costs for the Yaris would be $1538. You would be saving $362 a year on gas if you purchase the Prius. But the Prius costs $10775 more than the Yaris. What added value are you gettng with this $10775? It would take you 29 years to make up that difference in gas savings alone.

This doesnt take into consideration depreciation, maintenance costs, and insurance.

That Yaris could be replaced with a Chevy Aveo, or a Honda Fit, hell even a used Toyota Echo.

I think the Hyrbid idea was fantastic, although it's more of a marketing scheme at the moment.

The Prius is a larger car with more passenger room and more trunk space, even though they are both labeled compact sedans. Also, the Prius gets 60mpg city (according to Edmunds.com) and the Yaris gets 34mpg city (Edmunds). Most people in large cities drive in stop and go traffic even on the freeway. The Prius has even more of an advantage in city driving over the Yaris.

Also, here in California you can use the carpool lanes even when driving by yourself in a Prius or Honda Civic Hybrid. Less time in the car sitting in traffic equals better quality of life.

Not to mention the tax breaks.

Edit-Gas has been well over $3/gallon here in SoCal for the past 9-10 months. Between $3.20 and $3.50/gallon actually.

 

[sandorski]

Originally posted by: krunchykrome

Originally posted by: dullard
Gas savings is NOT the reason people buy it.

Thus using gas savings math to say it is a bad buy is a stupid useless exercise.

Logic was the topic of this thread. I never said that the gas savings were the reason people were buying it. I explained the gas savings because that was the main difference between the two cars and that would be the only logical explanation for purchasing a Prius over a Yaris, even though that alone would be ridiculous logic to base such a purchase on.

The majority here is saying that consumers are purchasing the Prius over the Yaris because of the green label that comes along with owning a Prius. $10K for this label seems ridiculous to me when the label you are buying the Prius for is "gas saver" when in reality, you're not saving anything.

I can totally understand purchasing cars based upon an image. People buy Acura over Honda, Lexus over Toyota, Infiniti over Nissan, etc, all for that image. But Acura is more refined than Honda, and Lexus is more refined than Toyota, and everyone knows this.

A Toyota Prius isn't much more of a gas saver or a environmentally friendlier car than a Toyota Yaris is and Im sure Im not the only one who understands this. Thats why I say that a $10000 difference for this particular image is absurd.

It's both "gas saver" and "CO2 reducer"(pretty much due to less gas used ). Savings in Fuel costs are not the reason, although with the way Price of gas is going $10k difference may not matter in the future.

 

[HombrePequeno]

Yeah, I guess the enviro friendly image doesn't really make much sense if you're spending $10k to do it. For that price you can get some solar panels and probably be even more eco-friendly while getting a nice tax credit.

 

[Tylanner]

isnt there tax breaks that come with the prius?

 

[dullard]

Originally posted by: krunchykrome
A Toyota Prius isn't much more of a gas saver or a environmentally friendlier car than a Toyota Yaris is and Im sure Im not the only one who understands this. Thats why I say that a $10000 difference for this particular image is absurd.

To you, $10,000 for a slightly better vehicle and better image is absurd. There is no logic that will ever convince you otherwise. To other people, no it is not absurd and buying the Yaris (or equivalent) is absurd. We could have this discussion about anything where there is a big price discrepancy.

Why buy $100+ name brand jeans when Walmart sells jeans for $15?
Why buy a Rolex when you can save thousands and get a watch for $20?
Why buy a mansion when you can get a trailer home for 1/20th the price?
Why buy a $999 CPU when a $100 CPU can also work?

Why? Because people value the slight differences between the cheap model and the expensive one. And yes, there are differences.

Plus if you want to use math, at least use depreciation in your numbers. 1 year old Priuses have gone UP in value. 1 year old Yaris (or equivalent) go down in value. Then, you can think of it as an investment (anyone who bought and sold the first year model was paid to drive the Prius and also got the best gas mileage). Of course this is an oddity and the trend won't last forever.