Valdemar said:
thankyouOB said:
Valdemar said:
I had 10k in rebates, so out of pocket with taxes was around 27k, today I can sell it maybe for 15k. Tomorrow who knows but I suspect there won't be too many buyers looking for a car with 3-4 CBs missing.
the value proposition is better than your talking points.
reading your data...that means you paid about $3k+ in taxes; making it about 24k price on the car after incentives/rebates, so you are 9k lost to depreciation, some of which you made back; about 6-7k in gas if you drove 40k so far, as you say.
just sayin'
i never heard of anyone who includes the taxes in the depreciation equation, but ymmv.
Fair enough, my view is probably overly pessimistic. Still, those who primarily want to buy a car to save money should seriously consider the Prius over Leaf.
Disagree, per my case and local incentives.
In comparision against: 2013 Prius Invoice: $24,009
2013 Leaf SV Invoice (tax excluded): $30,958
- $10,680 ($7500 Fed Credit & $3180 IL Credit)
=$20,278
Other Local perks, per my case
$0.03/mile vs $0.11 in my 30mpg ICE ($1200 savings vs buying gas over 13k miles)
$1000 IL Charging station rebate (50%)
$146 IL license tag reduction (2 yrs vs ICE license tag)
Maintenance costs over 13000 Miles
$6 cabin filter
$40 wiper blades
no other out of pocket maintenance required for another 13k-15k miles, which will be the same 2 items above.
Oh, and I initially paid $1000 under invoice for my Leaf.
General Common arguments:
1) You can go farther in a Prius: Agree. The Leaf is not a one size fits all. But if it fits, then you're golden. If you have a 2 car household then you have further flexibility
2) Battery degrades in a Leaf: Sure, in certain climates it's an issue. I have 13k miles and all my gids. I have a mechanic friend who's seeing 150k+ mile Prius's come in with a check engine light, pointing to defective battery. Solution is to replace the battery costing around $3k. Owners can still drive the car, however it'll be running on gas the entire time. That may be ok, except when it comes time for emissions testing the car will fail due to check engine light, and will be considered non-road worthy and illegal to operate.
Leaf Choice was easy for me
my $0.02