indy_500
Well-known member
My trucks worth more than $100 in scrap metal so... Your wrong!
Not sure if the the junkyard accepts plastic though....
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Mpg
- Thread starter snocrazy
- Start date
My trucks worth more than $100 in scrap metal so... Your wrong!
Not sure if the the junkyard accepts plastic though....
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lenny
Guest
Ahh, but your case is built on a new Prius vs. your truck, both vehicles must be driven for 10 years. Your case, not mine. Your case is not built on a used Taurus with 85k, it is built on a NEW Prius. To start with, the new Prius has $0 in repairs for the 1st 3 years (warranty). And, you are still ignoring the increasing cost of gas. Can't do that. Gas price increases affect the truck owner more than the Prius owner.
BTW, you might be right, but your "do the math" argument is flawed. You cannot ignore gas prices in a gas price based argument. You cannot ignore repair costs new vehicle vs. old argument.
Do the math!!
0 for repairs for the first 3 years? With all the miles what about all the wearable, maintenance stuff. 0 for repairs is not even close. Also, all the prius I looked at range from 23-37K. I think the numbers thrown out there are flawed. People who buy used cars and maintain them themselves, which is what Indy does will be thousands ahead of the game at the end of 10 years. A major flaw in thinking is the life expectancy of a vehicle. With proper care a car should go well over 200k along with the rest of the car. Don't forget to add in the full coverage insurance the prius will need and the liability the old used car will need. Also, all the interest for the borrowing of the cash for a prius.
Did you also add in that the prius will be replaced every 2 years and taking the hit that people do from new to selling off is great and X that times 5!
The chart is major league flawed
Any 4 wheel drive truck that runs is always worth 1-2 grand even if the body is ready to fall off.
The chart shows 1 prius but you forgot he is going to buy 5 within the 10 years. I seen no numbers in there for financing, maintenance, repairs. Warranty do not cover everything.
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$0 for repairs first three years. Indy's case stated it was a new Prius, 3 year warranty, bumper to bumper. Indy's case, not mine.
Price- Indy's case was built on a new Prius at $23,000, that was the nature of HIS case, not mine
Life expectancy doesn't matter. Indy's case was built on 2 vehicles being driven a fixed number of miles for 10 years. Exceeding that doesn't matter to the parameters of Indy's case. It was buy the vehicles, drive for 10 years, sell them. His case, not mine.
Insurance- Indy's case stated insurance was equal.
Prius cannot be replaced under Indy's case. His point is it must be driven 10 years.
The 4 wheel truck cannot be worth 2-3 grand, as Indy already paid less, he paid $1600. In 10 years the value of that truck will not go up.
No, you cannot replace the Prius, you must drive it for 10 years, Indy's case, not mine or yours
Maintenance and repairs are in there for both vehicles.
And Indy, even if your truck is worth $1000 after 10 years it only reduces the benefit of the Prius by $900. Still comes out ahead.
Lenny, I don't care about this, really. I'm just poking around with Indy because he built a fact based argument on facts that were blatantly incorrect and said "do the math". I did. I came out with a different answer. I don't care if it's right or wrong.
But I do know that the parameters of the proposition were defined by Indy, the challenge was laid down by Indy "do the math", I did the math on his parameters (not yours) and his case is disproven. In a debate (not an argument) I need not prove my case is right, that burden lies with the affirmative -Indy. As the negative, I must prove that the case presented by the affirmative is invalid, I need not provide an alternative.
I don't care about the cars, really. Indy laid down the challenge, I simply picked it up. And it was fun, and I'm done!
Later, Boys!
You have to put something in because I absolutely positively guarantee you it will not be $0 on either vehicle. Put in any number you want, reach any conclusion you want. I don't care which vehicle comes out ahead, really, don't give a s**t either way. I was trying to get Indy to tighten up his argument which claimed that over a 10 year period the price of gas would not go up, there would be no repair cost, and there would be no residual value of either vehicle at the end of his 10 year test.
I DON'T CARE WHICH COMES OUT ON TOP!
BTW, taking out repairs lowers the Prius advantage to $2500.
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Hey Indy-
It doesn't make a difference because the case you laid out started with a $1600 cost for the vehicle. Your case, not mine.
What a mess I've created just to make you work a little harder on your assumptions!
True, very true. A test of those parameters would decimate the new Prius because it is the cost of gas in the less efficient vehicle (the truck) that eats up the savings. But Indy set the parameters of the test, not me. His truck vs. a new Prius.
LOL, me neither, but you sure wasted a lot of time trying to prove Indy's math was off. But, debating is something you like to do, so I expected nothing less.
LOL, me neither, but you sure wasted a lot of time trying to prove Indy's math was off. But, debating is something you like to do, so I expected nothing less.
Ha! And yes I do! Ya see, my motel is open again, so I am now in that part of the year where I am in the office with a pc for 12 hrs a day, 7 days a week, 24 more weeks. Since it was slow yesterday I had plenty of time to crank up Excel and throw some numbers around.
What really surprised me is that no one questioned my assumptions on gas prices, which would have shot down my argument like the Hindenburg!
Oh well, the fun of the JD site!
Later Skylar! You too Lenny and Indy!
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lenny
Guest
lol,,,we certainly thought it though. I was gonna question you on that but since you never responded to the financing of the Prius or gave a explanation of maintenance and repairs I saw no point,,,,,LOGIC!!!!!!!!!!!!!!!!!!!!!!!!!
Anyways, I've been out driving my gas hog Touareg but man is it a comfortable ride,,,just may have to keep it!
Anyways, I've been out driving my gas hog Touareg but man is it a comfortable ride,,,just may have to keep it!
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lenny
Guest
Hey Bruce, I have a topic for debate, since you like to debate. It's a good one but I don't know if were ready for it
Lenny, come to Door County and we'll debate in person!
I did the math last year.
Need a vehicle to run back and forth to my cabin, 4 people & one small dog.
It wasn't until I got over 150,000 miles that I broke even buying a Prius.
Since I doubted I'd make it that far riding in the "womb" as they said in the movie. I didn't go for the Prius
Need a vehicle to run back and forth to my cabin, 4 people & one small dog.
It wasn't until I got over 150,000 miles that I broke even buying a Prius.
Since I doubted I'd make it that far riding in the "womb" as they said in the movie. I didn't go for the Prius
Here is the way that our math works out with our Prius.
We drive 480 miles each weekend plus the 200 miles back and forth to work each week. My wife drives our Tundra to work at 4 miles each way.
If we drove the tundra all the time (which we were doing) - 680 miles per week @ 16mpg @$3.75 a gallon = $159 in gas / week or $8268 per year @ 35,000 miles a year
If we drive the Prius the same amount (which is what we are doing NOW) - 680 miles per week @ 50mpg @ $3.75 a gallon = $51 in gas / week or $2652 per year @ 35,000 miles a year
Over a year that saves us $5616 JUST IN GAS. Now, I do have tires (cheap)that I replace but I do get an 80,000 mile bumper to bumper with 1.9% interest. For us, it is a no brainer. The car pays for itself. I know there is depreciation but all cars depreciate - some faster than others but in me trading in these cars, I have not been taken for more than I expected. This of course is not part of my equation (which I am sure someone will think is flawed). I love driving our truck. But for the amount of miles we drive, it makes sense for us to drive a prius with a payment and a car that is new every 2 years (when the warranty runs out). I should also mention that we have a place up north where we do not tow back and forth at all. I had an old beater truck up north that we used when we needed a truck - it died - badly. I scrapped it for $150. I have since then inherited a 2009 Toyota Tacoma that stays up north in my garage for any of our needs up there. If i did not have that, it would be a different story as i use that truck quite a bit up there for hunting and fishing.
Again - I am not looking for a pissing match. Just providing why we bought a prius. If you have not driven a prius, I urge you to take a test drive. You will be pleasantly surprised how it compares with a regular gas car of similar size.
If I knew that i could save $5616 per year on a $23000 investment, I would be all in.
We drive 480 miles each weekend plus the 200 miles back and forth to work each week. My wife drives our Tundra to work at 4 miles each way.
If we drove the tundra all the time (which we were doing) - 680 miles per week @ 16mpg @$3.75 a gallon = $159 in gas / week or $8268 per year @ 35,000 miles a year
If we drive the Prius the same amount (which is what we are doing NOW) - 680 miles per week @ 50mpg @ $3.75 a gallon = $51 in gas / week or $2652 per year @ 35,000 miles a year
Over a year that saves us $5616 JUST IN GAS. Now, I do have tires (cheap)that I replace but I do get an 80,000 mile bumper to bumper with 1.9% interest. For us, it is a no brainer. The car pays for itself. I know there is depreciation but all cars depreciate - some faster than others but in me trading in these cars, I have not been taken for more than I expected. This of course is not part of my equation (which I am sure someone will think is flawed). I love driving our truck. But for the amount of miles we drive, it makes sense for us to drive a prius with a payment and a car that is new every 2 years (when the warranty runs out). I should also mention that we have a place up north where we do not tow back and forth at all. I had an old beater truck up north that we used when we needed a truck - it died - badly. I scrapped it for $150. I have since then inherited a 2009 Toyota Tacoma that stays up north in my garage for any of our needs up there. If i did not have that, it would be a different story as i use that truck quite a bit up there for hunting and fishing.
Again - I am not looking for a pissing match. Just providing why we bought a prius. If you have not driven a prius, I urge you to take a test drive. You will be pleasantly surprised how it compares with a regular gas car of similar size.
If I knew that i could save $5616 per year on a $23000 investment, I would be all in.
tealracing16
Member
GM, Ford and Dodge all have 1/2 ton diesels ready to go, I've seen them, the economics don't make them feasible here in the states (and diesels have a bad rap). And rumor has it Cummins is making a new smaller diesel for other vehicles, I believe things like the Exploder and similar sized stuff.
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lenny
Guest
excellent post and I applaud you for for doing what works best for you. No one can argue with you on that because it works well with your situation. I'd probably do the same if I were you. Thanks for all that info
I have never bought a new car. The immediate depreciation just messes with my head I guess.
I picked up a 2006 Jetta TDI with 115,000 miles on it for $12,500. 42MPG avg
New this car sold for over $25,000 (ouch)
I drive between Northbrook, IL and Munising, MI at least every other week.
700 miles round trip.
Resell prices on the tdi is very good. Even the early 2000 model cars with 300,000 miles on them selling for over 5000$
Had a few cocktails this evening so spelling and grammer may have left the building. My point also....
Great posts in this thread. Enjoyed reading.
I picked up a 2006 Jetta TDI with 115,000 miles on it for $12,500. 42MPG avg
New this car sold for over $25,000 (ouch)
I drive between Northbrook, IL and Munising, MI at least every other week.
700 miles round trip.
Resell prices on the tdi is very good. Even the early 2000 model cars with 300,000 miles on them selling for over 5000$
Had a few cocktails this evening so spelling and grammer may have left the building. My point also....
Great posts in this thread. Enjoyed reading.