Posted on 04/14/2005 2:25:36 PM PDT by Diana in Wisconsin
Hummer Vs. Prius Waiting List For Hybrids Pushing Up Cost
MADISON, Wis. -- GM is taking the wraps off the 2006 military-style, Duramax turbo-diesel V-8 Hummer H1.
A 300-horsepower engine moves the 7,600-pound beast.
But with gas prices inching toward $2.50 this summer, the Toyota Prius is the hot ride in the Madison area. The Prius hybrids are well known for their fuel efficiency, but now they're also becoming known as one of the only mass-produced cars that can demand $1,000 or more -- used -- than its original price.
Joanne McCann just bought her second Prius and wants to sell her first one.
"I paid a little over $20,000 for the car in '01, and I'm selling it for $15,000," McCann said.
With 19,000 miles on it, she feels this is a steal.
"There certainly is a market now for these cars," she said.
It's not common to pay more for a used car than a new one, but with gas prices increasing, dealers say it's also not surprising.
"Supply and demand can dictate that," said Doug Peitz, sales manager at Jon Lancaster Toyota. "Instant gratification is that you can get the used Prius right now. Some people don't want to wait the four to eight months to get a new Prius."
Peitz says at least two requests come in every day for hybrids -- 22 people are already on the April waiting list.
Other hybrids like the Honda Accord and Civic are also selling like hotcakes, but dealers here say they;re not dealing with a shortage of these hybrid vehicles.
A Kelly Blue Book survey says if gas hits $3 per gallon, 77 percent of buyers will seriously consider a more fuel-efficient car.
McCann said the growing price of her Prius is not what she expected when she bought the car, but is definitely not worried about getting it sold.
"You expect real estate to go up, but whenever you buy a car you expect it to depreciate -- that's just how it is," McCann said.
Because the Prius is so popular, other companies are coming out with hybrid vehicles. Look for them beginning this summer.
News 3 auto expert Matt Joseph said not all used Priuses will sell for more. Joseph said that while the hybrid cars bring a premium, they don't routinely sell for more than new cars.
And that motorcycle rider isn't okay.
Do you mean bio-diesel hybrid?
You gotta love the Civic. One of the most reliable cars in the world. I particularly like it because it is practically invisible, especially if it's black. I drive in Atlanta traffic every day, and I drive fast. Up to about 100 it handles like a dream, after that it can be a little scary. My only regret is that it doesn't have enough giddy-up. I've driven my 97 for 119K and have only changed the tires, oil (strictly), filters, and brake pads.
Well, not all. My friend is a former NASA official and his Prius averages 50 MPG. He lives out in the country and needs all the help he can get to make the drives to and from the grocery store. He is a far right Republican too and eats normal foods. The waiting list for a Prius around here is now six months. Must be something about wanting to save money and I certainly do as my retirement pay does not increase with inflation.
Not as much as this does
In other words, she got tired of her first Prius after only 19,000 miles.
Well then give me his address so I can send him a bumper sticker that says, "I'm not a vegan weenie."
EXACTLY why I don't drive tiny tincan sh**box cars anymore...
Imagine if the bike had been a Boss Hoss. The car would have been cut in half.
Even with high gas prices I still want an SUV. This is America !
The new (2nd. generation) Prius is vastly superior to the original one.
This is truly the age of the ugly car and the ugly car name.
(Song) Oh My CJ-5's got 4 wheel drive and Smokey's got a Ford.
Can't remember the rest of it . . .
Hudson's are great cars. Wish I had a Terraplane or a Hornet. But when all is said and done, you couldn't afford to drive a '49 Hudson far enough or fast enough to catch me. :)
"In my opinion, the Hummer has replaced the Corvette as the #1 small penis car"
Too funny!
Summit Point is road course (2 miles, 10 turns.) I'd never drag it, it wasn't built for that.
I wonder what model you're driving. I drive a 1998 Civic HX CVT two-door coupé and thanks to the unusual CVT automatic transmission, acceleration is very good and I still get 33-36 mpg, depending on how I drive. I may keep this car for a while.
I hang them off the side of my truck like you might hang a lifeboat off a ship.
I got broadsided in my 78 K-5 by a Suzuki somethingorother. The Suzuki front end was a mangled mess with pieces all over the road. Damn thing busted my right rear tire.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.