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Old 01-11-2012, 08:11 AM   #1 (permalink)
320touring
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The Mistress - '88 Bmw 320i Touring SE
Team m8
Last 3: 27.17 mpg (US)

Germany Beadle - '91 Mercedes 300td (estate, N/A)
90 day: 24.63 mpg (US)

The Bloodylingo - '05 Citroen Berlingo Multispace Desire
90 day: 39.77 mpg (US)

Shanner Scaab - '03 Saab 9-5 estate Vector
90 day: 26.19 mpg (US)

Clio 182 - '05 Renault Clio RS 182 182
90 day: 31.73 mpg (US)
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The Economics of a Prius 2?

Ok, so I was bored at lunch today..

had a look at the Nissan Leaf as Old Mech's thread has be intrigued.. its £25000 here ($38500) so I'm out the game there

What else is available either electic or hybrid that I could afford?! A quick search found me this 2008 Prius

2008 Toyota Prius T3 Hybrid 1.5L 5dr

Initial inspection looks promising- nice colour, low miles, 1.5 lump-reasonable price plus warrenty...

So I got thinking- What would be the savings to me if I swapped the iS for a Prius?

My car spends approx 75% on the motorway, mostly journeys under 30 miles. Rest of the mileage is either Town or country driving

This is the result.. (spreadsheet attached-xls format)

Based on 15k miles PA
Same % over epa applied to COMBINED IMP MPG for both cars (113% so is 39.6mpg, prius 74.3mpg)

Taxation based on 12 months

Depreciation based over 5 years (typical loan period) WITHOUT compound interest-I'm not that good!

Repair cost for Prius set at 1/2 the iS (includes tyres/brakes etc)

Servicing set at same rate

Fuel priced at £5.91/ imp gallon (£1.299/litre)



Interesting to note that even without the monthly repayments on the £9000 loan being factored in (I'd reckon the loan for the Prius would be circa £200/month for 48 months)

I'd be 1p per mile better off in the iS.. that's £750 over 75000 miles.


I know that I'm not including several factors (actual repair requirements/tax increases/ residual value at end of 5 yrs etc) but it's an interesting start point..


What is your take on it?

Thanks

Neil

Attached Files
File Type: xls Prius option.xls (25.5 KB, 42 views)
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US MPG for my Renault Clio 182


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