Sounds like the market for hybrids is collapsing
Our overlords will determine the commerce clause gives them free reign to mandate we must buy hybrids or ev’s as a health care stipulation.
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I don't think that recently purchased hybrid cars are ready to be replaced.
I think these are people who purchased hybrid cars who chose not make their second-car purchase a hybrid, too.
People may be thinking that one hybrid car in the family is enough.
Well one commentor on the article is very optimistic:
“Electric is the wave of the future—coupled with photovoltaic roof panels to charge your car free with the sun forever free of OPEC and Big Oil !!!
By 2018 batteries will be being mass produced with 500 to 1000 mile range and that will KILL the gasoline car forever.”
‘Cause that’ll be the day when I die.
Never owned a hybrid, but I just got an ‘09 Prius as a company car (it’s a loaner til the new one, a ‘12, comes in in the next couple months or so). I was prepared for a little, silent go cart; in other words, I was prepared to hate it.
Imagine my surprise. That little sucker will s**t ‘n’ git.
My liberal co worker drove her Prius around for a few years, now drives a Lexus SUV.....she says she wanted more room and felt she did her bit to help the environment....I suspect that could be a reason for the none repeat customer....
These are the same spawn that spend 150$+ on college, and then can’t figger out why it didn’t work out.
... down from a high of 2.9 percent in 2008 ...
One wonders about depreciation on new hybrids. When it is sold in 3-4 years isn’t there a big ownership loss that vastly exceeds the fuel savings?
Is there actually a market for used hybrids?
On a commercial hybrid there might be some value to taking the rapid depreciation on the more expensive vehicle
FNC ran another story on this today. Here’s how nuts the hybrid craze is...for comparison:
I spent $6200 on my old ‘87 T-Bird last year — new heads, headers, duals, pistons, valve springs, new(er) cam and intake. According to the trip computer, highway gas mileage jumped from 24mpg to 27mpg (which is what a 5.0L version was rated for when new). If I took all of my tools out of the trunk, I bet I could get it to 28mpg.
The car is old, so a few years ago I spent $5200 and had it repainted had all rust fixed (done correctly — two primer coats, with acid etching and sanding in between, then paint + clear coating).
So for a total of about $11,500 the car has basically been reset. What do hybrids cost again?