LTLFTcomposite
Well-known member
Herm said:LTLFTcomposite said:Even if the battery does not need replacing, which has the lower TCO, a 2011 Prius or a 2011 Corolla?
http://www.edmunds.com/tco.html" onclick="window.open(this.href);return false;
From the Edmunds 5 year TCO calculator:
2011 Prius II TCO $35.7k gas $5.2k
2011 Corolla S (4 speed AT) TCO $35.9k gas $8.95k
Priuses are VERY durable, very little to go wrong in them, very high resale value also.. note that at 10 years you would be further ahead on the Prius.
BTW, the Leaf wins at a TCO of $33.7k
I sit corrected. There's some big assumptions there though, for starters how good a deal can you get on the two cars. The Corolla has lots of competitors (better ones at that) whereas if you want a Prius you have to take whatever the Toyota dealer dishes out.
Taking the Edmunds numbers at face value though, it's a leap of faith to put out an extra 5-7 grand up front to save $200 over several years. I stand by my original assertion that hybrids just aren't compelling... basically the savings in operating costs does not enure to the owner, but rather goes back to the manufacturer and dealer.