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Also the article doesn't get into the cost of
Posted by Noel (more from Noel) on Tue, 27 Sep 2005 05:53:28
In Reply to: Before you buy that hybrid..., Bob M, Mon, 26 Sep 2005 12:45:15
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replacing the battery pack several years out. Whether it's the original owner or the next one, it's a cost that has to be paid--and figured into the cost of the car. Industry estimates are about $3000.
I did a calculation last year that factored in the premium many dealers are putting on hybrids (as much as $5K), $3K for replacing the battery pack at 7 years and even with the lower gas cost and you wouldn't reach break even if you kept the car 10 years. If the dealer premium is taken out, it gets better, but not a whole lot.
IMHO, to really incentivize hybrid adoption the tax benefit must be continual--to the tune of a grand or two per year for say, 5 years--the life of a typical loan. Then you buy another and start the deduction or tax credit again.
posted by 69.163.38...
Posts in this Thread:
- Before you buy that hybrid..., Bob M, Mon, 26 Sep 2005 12:45:15
- Re: Before you buy that hybrid..., Ernesto
, Fri, 30 Sep 2005 14:51:46 - Less oil used is a good thing, thor-in-2004, Tue, 27 Sep 2005 05:59:55
- Yep..., Mattias.se, Tue, 27 Sep 2005 11:13:18
- Also the article doesn't get into the cost of, Noel, Tue, 27 Sep 2005 05:53:28 <-- Viewing This Message
- Good sales ammo..thanx.....nm, Mike Lynch
, Mon, 26 Sep 2005 16:35:39
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