Hybrids Cost Less Than Peers Over Long Term - Mercedes-Benz Forum

 
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post #1 of 10 (permalink) Old 03-10-2007, 03:08 PM Thread Starter
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Hybrids Cost Less Than Peers Over Long Term

"DETROIT, MI (January 8, 2007) - A survey released today by PRIMEDIA's IntelliChoice.com, the leading source for automotive ownership cost and value analysis, reveals that the twenty-two hybrid vehicles currently on the market save their owners more money than the other vehicles in their respective classes...."

IntelliChoice.com Survey: Hybrids Cost Less Than Peers Over Long Term
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post #2 of 10 (permalink) Old 03-10-2007, 04:46 PM
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Survey on 5-years ownership?
Don't hybrids require replacing the battery bank after 7 years?
For about 10 grands?
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post #3 of 10 (permalink) Old 03-10-2007, 04:59 PM
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Yes. That article probably failed to pick that up.

That's why diesel is better.
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post #4 of 10 (permalink) Old 03-10-2007, 05:00 PM
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How long have hybrids been around?

2002 Mercedes-Benz ML320 (sold)
2011 Chrysler Town & Country
2008 Toyota Camry Hybrid
2003 Yamaha V-Star 650 Classic
2002 Jaguar X-Type 2.5

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post #5 of 10 (permalink) Old 03-10-2007, 05:15 PM
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Let me compare. We bought our 99 ML320 for $34.900.
Spent in 8 years about $1000 on maintenace, new tires and brakes.
The car got totaled and insurance paid $14,500 for it.
So total cost for 8 years was 21,400 or $13,350 for 5-years period.
AND WE LOOK GOOD!
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post #6 of 10 (permalink) Old 03-10-2007, 05:17 PM
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Originally Posted by asianml
How long have hybrids been around?
Prius which was the first I believe since the late 1990s, like 1999....not sure though.
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post #7 of 10 (permalink) Old 03-10-2007, 05:36 PM
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Quote:
Originally Posted by Kajtek1
Let me compare. We bought our 99 ML320 for $34.900.
Spent in 8 years about $1000 on maintenace, new tires and brakes.
The car got totaled and insurance paid $14,500 for it.
So total cost for 8 years was 21,400 or $13,350 for 5-years period.
AND WE LOOK GOOD!
Let me get this straight - in 8 years you spent $1,000 on maintenance and tires for 1999 ML320? Some people are spending about a thousand a month on that car.
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post #8 of 10 (permalink) Old 03-10-2007, 05:48 PM Thread Starter
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Quote:
Originally Posted by Kajtek1
Survey on 5-years ownership?
Don't hybrids require replacing the battery bank after 7 years?
For about 10 grands?
This LA Times article is stating:

"Battery replacement costs have dropped to about $3,000 today from $10,000 or more in 2001 — about the same cost as replacing a worn-out gasoline engine in a conventional vehicle. Toyota has said the cost should continue dropping as battery volumes increase along with hybrid production."

Also the batteries have a warranty:

"Another issue — the lifespan and replacement cost of the high-voltage battery pack that is the heart of the electric drive part of the hybrid system — remains a question. The batteries are under warranty for 10 years in California — eight years in most other states. Toyota says that except for a few unusual cases resulting from an accident or other external damage, it has not had to replace a Prius battery pack."

L.A Times Article "Prius Keeps Car Dealers -- but Not Repairmen -- Busy" - GreenHybrid - Hybrid Cars
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post #9 of 10 (permalink) Old 03-10-2007, 06:37 PM
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Quote:
Originally Posted by deanyel
Let me get this straight - in 8 years you spent $1,000 on maintenance and tires for 1999 ML320? Some people are spending about a thousand a month on that car.
Hey! This is free country
My first service A was abouot $50 (cost of the filter and dino oil).
To cover 60,000 miles I replaced only 2 tires and brake pads. Couple of small repairs was covered under the warranty.
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post #10 of 10 (permalink) Old 03-10-2007, 07:09 PM
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That's crap; it costs more to buy one, they depreciate fast, no one knows the real cost of ownership because the battery failure rate hasn't been established yet, and you can buy a 6-cyl that will get close to the same mpg.

Or, you can spend $12000 and get an excellent condition E300D that'll get a combined mpg of 30+ even when driving like a psycho. Screw hybrids - they're for the ones who don't know better.

- Brian



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