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To: Red Badger

Kinda strange that Honda is taking the lead over Toyota on this. I thought their Chairman was kind of ragging on Hybrids as a cyclical fad a year or two ago.

I love my Honda Hybrid. I really hate these lease arrangements, though. They can take the car back without a purchase option, just like they did with their electrics a while back.


4 posted on 11/14/2007 2:59:50 PM PST by Wiseghy ("You want to break this army? Then break your word to it.")
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To: Wiseghy

Is it a lease only option? You can’t buy to own?


7 posted on 11/14/2007 3:05:53 PM PST by Blue Highway
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To: Wiseghy

Also where does one get their tank filled up with hydrogen?


8 posted on 11/14/2007 3:06:41 PM PST by Blue Highway
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To: Wiseghy
” I really hate these lease arrangements, though. They can take the car back without a purchase option, just like they did with their electrics a while back.”

It seems that Honda is assuming all the risks inherent in a new technology, through the leases. It’s better to pay a flat amount, than assume an unknown amount of risk. Even if the vehicle worked perfectly, you’d be at risk for technological advances that could hammer the resale value. It’s likely that fuel cells will be more powerful, more efficient, more reliable, and cheaper in three years -- which would make older vehicles worth a lot less. Buy when the technology has matured a bit, and has a track record of reliability.

10 posted on 11/14/2007 3:09:25 PM PST by USFRIENDINVICTORIA
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