Showing posts with label Toyota Prius. Show all posts
Showing posts with label Toyota Prius. Show all posts

Friday, June 27, 2008

Used Toyota Prius cars Selling for Over $35,000! How Stupid is that?

The same market that rightfully shunned large SUVs and pickup trucks in a blink of an eye as soon as gas prices surpassed the $3.50 a gallon mark has made hybrid cars so popular, that in many cases dealers/private sellers are asking over 35 grand for a used Toyota Prius as the Japanese carmaker cannot satisfy the demand. If you head over to Toyota’s official website, a brand new fully equipped Prius Touring has an MSRP of $23,770…

For the record, we checked out used Prius prices on Autotrader, Cars.com and Craigslist. Surprisingly, there were hundreds of cars priced thousands of dollars over Toyota’s official MSRP. Of course, private sellers and used car lots can ask whatever they want, but it’s up to you to decide what you’re willing to pay for it. In our opinion it’s totally not worth it and we’ll tell you why. -Continued

If you want to save money, just go buy a normal compact car. For example, a similarly sized all-new Toyota Corolla XLE sedan with an automatic gearbox has an MSRP of $17,550 (the base model costs $15,250). According to the fueleconomy.gov site, if you drive an average of 15,000 miles a year (based on 45% highway, 55% city) with a fuel price of $ 4.08 per gallon, the Corolla will cost you $2,038 annually while a Prius, $1,328.

If you chose the Prius, then in 5 years you’ll have theoretically saved $3,550. That’s still not enough to cover the price difference between the official MSRP of the two cars which is $6,220, let alone the spiked prices dealers are asking for a… used Prius.

Heck, even if in the unrealistic scenario that gas prices in the U.S. skyrocket to $7 a gallon tomorrow morning (knock on wood), do the math and you’ll see that in five years, a Prius driver will have theoretically saved $6,090 in gas costs over a Corolla buyer. That still leaves the Corolla owner with $110 surplus.

Friday, May 30, 2008

Toyota Reportedly in Talks with GM for Production of Prius in California

Citing unnamed inside sources, daily Japanese newspaper “Tokyo Shimbun” reported today that Toyota and GM are in talks about producing the Prius, now made in only Japan and China, at their joint venture plant in Fremont, California. The report said that Toyota’s is planning to export the main components of the Prius from Japan and assembling the hybrid car at the Californian plant.

Asked about the report, Toyota said that it hasn’t made any final decisions yet. “Nothing has been decided on production of Prius at the joint venture New United Motor Manufacturing Inc., even though Toyota is always seeking ways to build the most appropriate production system," said Toyota's spokesperson

Friday, May 23, 2008

Video Fuel Economy Test: Prius vs Jetta Diesel vs Smart vs Focus

The lads over at Edmunds organized a “mini” fuel economy marathon by comparing some of the most gas efficient cars available in the North American market: the 2008 Toyota Prius 1.5 Hybrid, the 2005 VW Jetta 2.0 TDI Diesel, the 2008 Smart Fortwo 1.0 and the 2008 Ford Focuse SES Coupe 2.0. The smackdown included tests on the highway and in the city along with measuring the cars’ CO2 footprint. Check out the video after the jump. –Continued

Via: Edmunds

Thursday, May 15, 2008

Toyota Prius Worldwide Sales Top 1 Million Mark

What started out as a niche green car when Toyota unveiled the first generation Prius in 1997 has become a huge success with Toyota announcing that cumulative sales have passed the 1 million mark, with approximately 1,028,000 units sold as of the end of April, 2008.

The model that created all the hybrid buzz was launched in Japan in 1997 and began selling in Europe, North America and other markets in 2000. In 2003, the Japanese carmaker introduced the current, second-generation Prius. Two years later, Toyota began first overseas production of the Prius in Changchun, China. -Continued

Toyota says that Prius vehicles worldwide have contributed to a significant reduction in CO2 emissions by producing approximately 4.5 million tons less CO2 when compared with gasoline-powered vehicles in the same class and of similar size and driving performance.

Of the 1,028,000 Prius sales worldwide, 591,600 were sold in North America and 315,000 in Japan and 100,700 in Europe Toyota said.

Wednesday, May 14, 2008

Toyota Prius Hybrid Sells Like Crazy as Fuel Prices Spike

Have you tried to find a new Prius at a Toyota dealership lately? Well we did this past Sunday when we went car-scouting for a friend. We paid a visit to Toyota Westborough in Massachusetts and listen to this; not only is there a one month waiting period to get the compact hybrid (once you pay the $1,000 deposit) but the dealer didn’t even have a single Prius in the lot for us to see, let alone drive!

The same goes for most Toyota dealers across the U.S. as Prius inventories are limited by production capacity in Japan, which must be shared with Asia and Europe. Talking about the problem, John Hanson, a Toyota spokesman in Torrance, California, told Bloomberg, “This is a special vehicle, and as fuel prices keep rising, it gets more special. Rght now, U.S. customers can get a Prius. Next month or the month after that, it's tough to say”.

Thursday, May 1, 2008

Toyota Prius Convertible: The Sky is Green

Well, the sky is actually blue -for the time being- but after seeing these pictures of Newport Convertible Engineering’s (NCE) drop-top conversion of the Toyota Prius Hybrid our eyes are aching so much that we nearly went color-blind.

The California-based speciality tuner’s proposition brings to mind those horrid BMW E30/E36 3-Series Bauer conversions of the late 1980’s – early 1990’s with its intrusive, but nevertheless necessary, roll bar and chopped window frames. If you can take it, there are more pictures after the jump.








Via: Winding Road

Tuesday, March 18, 2008

Toyota Prius, Peugeot 206, Daewoo Matiz Three-Wheeler Chinese Clones!

Chinese carmakers are just unbelievable! Following a whole bunch of four-wheel knockoffs like the Toyota RAV, Fiat Panda, Scion, BMW X5, Smart Fortwo and MINI Cooper clones, now some Chinese carmaker has launched a series of three-wheelers that shamelessly imitate the looks of a Toyota Prius, a Daewoo Matiz (Chevrolet in Europe) and a Peugeot 206!!! Seriously now; wouldn’t it be great if these guys could just concentrate in using use their vivid imagination to create uniquely designed products? –Continued after the jump


Via: Autoblog.it & Chinacartimes

Toyota Prius, Peugeot 206, Daewoo Matiz Three-Wheeler Chinese Clones!

Chinese carmakers are just unbelievable! Following a whole bunch of four-wheel knockoffs like the Toyota RAV, Fiat Panda, Scion, BMW X5, Smart Fortwo and MINI Cooper clones, now some Chinese carmaker has launched a series of three-wheelers that shamelessly imitate the looks of a Toyota Prius, a Daewoo Matiz (Chevrolet in Europe) and a Peugeot 206!!! Seriously now; wouldn’t it be great if these guys could just concentrate in using use their vivid imagination to create uniquely designed products? –Continued after the jump


Via: Autoblog.it & Chinacartimes

Toyota Prius, Peugeot 206, Daewoo Matiz Three-Wheeler Chinese Clones!

Chinese carmakers are just unbelievable! Following a whole bunch of four-wheel knockoffs like the Toyota RAV, Fiat Panda, Scion, BMW X5, Smart Fortwo and MINI Cooper clones, now some Chinese carmaker has launched a series of three-wheelers that shamelessly imitate the looks of a Toyota Prius, a Daewoo Matiz (Chevrolet in Europe) and a Peugeot 206!!! Seriously now; wouldn’t it be great if these guys could just concentrate in using use their vivid imagination to create uniquely designed products? –Continued after the jump


Via: Autoblog.it & Chinacartimes

Toyota Prius, Peugeot 206, Daewoo Matiz Three-Wheeler Chinese Clones!

Chinese carmakers are just unbelievable! Following a whole bunch of four-wheel knockoffs like the Toyota RAV, Fiat Panda, Scion, BMW X5, Smart Fortwo and MINI Cooper clones, now some Chinese carmaker has launched a series of three-wheelers that shamelessly imitate the looks of a Toyota Prius, a Daewoo Matiz (Chevrolet in Europe) and a Peugeot 206!!! Seriously now; wouldn’t it be great if these guys could just concentrate in using use their vivid imagination to create uniquely designed products? –Continued after the jump


Via: Autoblog.it & Chinacartimes