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Yesterday, a Karl
on Cars post, claimed that as gas prices go down,
so does the hybrid advantage. Wow. And if it gets
darker there is less light?
Anyway, this whole gas thing has me thinking about
what Angus MacKenzie recently claimed about who could
have foreseen $4.00 gas prices and how short-sighted
the US auto industry and many auto consumers have
been. Perhaps gas prices are going to drop below $3.00
for the next 5 years, but I doubt it. Gas prices will
recede at times during the next few years, but in the
next 5 years we'll probably set new records.
Moreover, I recently checked out KBB and Toyota
Prius resale value for my neighborhood in SoCal is
extremely minimal. So, if I buy a Prius today at
sticker, I'll recover my hybrid costs in a little over
4 years according to the latest Edmunds analysis, and
after 5 years, my Prius will be worth just a couple
thousand less than when bought?
And how much will a gas-guzzler be worth in 5 years?
I'll stick with hybrid
cars.
Labels: Hybrid Vehicles, toyota prius
