Originally Posted by Wormhole
So you think investing in the Saudis, Hugo Chavez, BP, your local E company every month, week and day is less costly to the US. Yeah rite.
You are a financial genius.
Toyota will take care of your batteries for free for life. One less concern.
OK I admit it I am loaded and I could drive anything I want. I can also influence policy with what I buy.
You can't. Bummer. Better get successful otherwise people like me will run you over in their E cars while you'll be paying 10$/gal.
I'm all for energy independence. Offer me a good alternative at the same price point and I'm all over it.
Right now, I'm looking to get the most value and quality for my money. Currently, it is much more economical to buy a $2,100 used car that gets 28 mpg than it is to buy a used Prius for $10,000+.
Even if gas were $10 a gallon, at the rate I currently drive, it would take nearly 4 years for me to arrive at the $10,000 mark for money spent on gas.
Also take into account the money I save on registration and insurance.
It's really a no-brainer.
Regarding the Prius batteries, they are covered under warranty for 8-10 years or 100,000 miles. If they fail outside of warranty, you have pay $3000 - $4000 to replace them.
As you can see, I'm trying to do my homework, live within my means and lay a good financial foundation for my future.
Someday, I'll probably buy a slightly used hybrid in cash. Right now, it just doesn't make any financial sense for me to do so.