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#1
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Who Says Cars Aren't an Investment?
In article >, Scott en Aztlán wrote:
> The KTLA Morning News reports that *used* Toyota Priuses are selling > for as much or more than new ones. One apparently sold for $31,000. > Maybe I'll buy a Prius or two for MSRP and auction them off on eBay > for a quick profit... This really is proof that math education in the USA is rather poor. |
#2
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"Scott en Aztlán" > wrote in message ... > The KTLA Morning News reports that *used* Toyota Priuses are selling > for as much or more than new ones. One apparently sold for $31,000. > Maybe I'll buy a Prius or two for MSRP and auction them off on eBay > for a quick profit... > You can't buy a Prius for MSRP, though. Well, odds are a worse than a snowball's chance in hell. The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP. Prius has a demand and buzz that's even bigger than the PT Cruiser and the VW Beetle, relative to the supply. |
#3
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In article >, Magnulus wrote:
> The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP. > Prius has a demand and buzz that's even bigger than the PT Cruiser and the > VW Beetle, relative to the supply. The joys of a perception based society..... |
#4
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Magnulus wrote: > > "Scott en Aztlán" > wrote in message > ... > > The KTLA Morning News reports that *used* Toyota Priuses are selling > > for as much or more than new ones. One apparently sold for $31,000. > > Maybe I'll buy a Prius or two for MSRP and auction them off on eBay > > for a quick profit... > > > > You can't buy a Prius for MSRP, though. Well, odds are a worse than a > snowball's chance in hell. > The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP. > Prius has a demand and buzz that's even bigger than the PT Cruiser and the > VW Beetle, relative to the supply. Really? A local dealer has run an add with a price below MSRP. I think dealers plant stories like this to con the weak willed. Ed |
#5
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On Tue, 12 Apr 2005 12:39:31 -0400, Magnulus wrote:
> > "Scott en Aztlán" > wrote in message > ... >> The KTLA Morning News reports that *used* Toyota Priuses are selling >> for as much or more than new ones. One apparently sold for $31,000. >> Maybe I'll buy a Prius or two for MSRP and auction them off on eBay >> for a quick profit... >> > > You can't buy a Prius for MSRP, though. Well, odds are a worse than a > snowball's chance in hell. That's because people are stupid. Even at $5/gallon a Prius' total cost of ownership is much higher as the one of any comparable small economy car - and that's not counting costly repairs to the battery, which has a limited lifespan. > The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP. > Prius has a demand and buzz that's even bigger than the PT Cruiser and the > VW Beetle, relative to the supply. It's a fad. The people, who drive Priusses do so, because they want to look intellectual, not because they care for the environment. It's the Volvo of the new decade. Chris |
#6
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On Tue, 12 Apr 2005 12:35:22 -0700, "C.H." >
wrote: >It's a fad. The people, who drive Priusses do so, because they want to >look intellectual, not because they care for the environment. It's the >Volvo of the new decade. Really? And you know this how? When I considered a hybrid, it certainly wasn't because I wanted to look "intellectual". Believe it or not, some people actually give a **** about the environment. |
#7
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On Tue, 12 Apr 2005 14:20:26 -0700, N E One wrote:
> On Tue, 12 Apr 2005 12:35:22 -0700, "C.H." > > wrote: > >>It's a fad. The people, who drive Priusses do so, because they want to >>look intellectual, not because they care for the environment. It's the >>Volvo of the new decade. > > > Really? Yes, really. > And you know this how? I see the same idiots that usually are driving very old Volvos strutting towards their new Priusses, maneuvering them ineptly out of their parking and driving off. > When I considered a hybrid, it certainly wasn't because I wanted to > look "intellectual". Believe it or not, some people actually give a > **** about the environment. So do I, which is why I don't junk my non-hybrid car and buy a hybrid vehicle that takes a lot of energy to produce and uses a lot of poisonous chemicals in its batteries, which have only a very limited lifespan, but rather accept a lower mileage. Even if my car was old, junking a perfectly good driver to replace it by a questionable hybrid is not an economic or environmental decision but a fad for misguided and uninformed people. Chris |
#8
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On Tue, 12 Apr 2005 15:20:30 -0700, "C.H." >
wrote: >On Tue, 12 Apr 2005 14:20:26 -0700, N E One wrote: > >> On Tue, 12 Apr 2005 12:35:22 -0700, "C.H." > >> wrote: >> >>>It's a fad. The people, who drive Priusses do so, because they want to >>>look intellectual, not because they care for the environment. It's the >>>Volvo of the new decade. >> >> >> Really? > >Yes, really. > >> And you know this how? > >I see the same idiots that usually are driving very old Volvos strutting >towards their new Priusses, maneuvering them ineptly out of their parking >and driving off. And this includes every driver of every Prius or other hybrid you've ever seen? > >> When I considered a hybrid, it certainly wasn't because I wanted to >> look "intellectual". Believe it or not, some people actually give a >> **** about the environment. > >So do I, which is why I don't junk my non-hybrid car and buy a hybrid >vehicle that takes a lot of energy to produce and uses a lot of poisonous >chemicals in its batteries, which have only a very limited lifespan, but >rather accept a lower mileage. Forget your red herring about replacing a perfectly good car, since it's not safe to assume that people wouldn't be replacing their old POS as I was when I considered one. Quantify the environmental costs of producing these batteries vs. those of burning a whole lot more fossil fuels. Is it really more costly? No fair assuming the batteries will be disposed of improperly - assume they are disposed of properly. > >Even if my car was old, junking a perfectly good driver to replace it by a >questionable hybrid is not an economic or environmental decision but a fad >for misguided and uninformed people. > Prove it then. Show us that producing the battery for 1 hybrid car is going to be worse for the environment than all the extra fuel you would burn in a regular old gasoline engine. I'll be very surprised if you can. >Chris |
#9
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"C.H." > wrote in message news > That's because people are stupid. Even at $5/gallon a Prius' total cost of > ownership is much higher as the one of any comparable small economy car - > and that's not counting costly repairs to the battery, which has a limited > lifespan. If you could buy a Prius for 22,000-23,000 dollars, with current gas prices, it would pay for itself vs. buying another similar car, in about 2-5 years. Not too bad, really. If gas prices climb to 3 dollars or more, it will take alot less time. The problem, of course- almost nobody is selling a Prius for 22,000 dollars. The dealer I visited said I had to pay 28,000 dollars just to get a Prius with side-curtain airbags, either that, or take a used Prius, no frills (no airbag, basic sound system), with 35,000 miles for 22,000 dollars. Also, I don't think Toyota has ever come clean about how much it costs them to make the Prius- are they serious about the technology, or is it just a way to hedge into CAFE a bit? Carmakers do sell cars at losses for all sorts of reasons (Ford sells the Focus at a loss to increase their CAFE). |
#10
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On Tue, 12 Apr 2005 20:26:58 -0400, Magnulus wrote:
> > "C.H." > wrote in message > news >> That's because people are stupid. Even at $5/gallon a Prius' total cost of >> ownership is much higher as the one of any comparable small economy car - >> and that's not counting costly repairs to the battery, which has a limited >> lifespan. > > If you could buy a Prius for 22,000-23,000 dollars, with current gas > prices, it would pay for itself vs. buying another similar car, in about 2-5 > years. So you want to catch up on 10000 dollars difference to a similiar Corolla in 2-5 years by getting 20% better mileage if that? Apparently you need some help with math too, not only with car stuff. Chris |
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