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Who Says Cars Aren't an Investment?



 
 
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  #1  
Old April 12th 05, 05:36 PM
Brent P
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Default Who Says Cars Aren't an Investment?

In article >, Scott en Aztlán wrote:
> The KTLA Morning News reports that *used* Toyota Priuses are selling
> for as much or more than new ones. One apparently sold for $31,000.
> Maybe I'll buy a Prius or two for MSRP and auction them off on eBay
> for a quick profit...


This really is proof that math education in the USA is rather poor.


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  #2  
Old April 12th 05, 05:39 PM
Magnulus
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"Scott en Aztlán" > wrote in message
...
> The KTLA Morning News reports that *used* Toyota Priuses are selling
> for as much or more than new ones. One apparently sold for $31,000.
> Maybe I'll buy a Prius or two for MSRP and auction them off on eBay
> for a quick profit...
>


You can't buy a Prius for MSRP, though. Well, odds are a worse than a
snowball's chance in hell.
The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP.
Prius has a demand and buzz that's even bigger than the PT Cruiser and the
VW Beetle, relative to the supply.


  #3  
Old April 12th 05, 06:45 PM
Brent P
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In article >, Magnulus wrote:

> The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP.
> Prius has a demand and buzz that's even bigger than the PT Cruiser and the
> VW Beetle, relative to the supply.


The joys of a perception based society.....


  #4  
Old April 12th 05, 06:48 PM
C. E. White
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Magnulus wrote:
>
> "Scott en Aztlán" > wrote in message
> ...
> > The KTLA Morning News reports that *used* Toyota Priuses are selling
> > for as much or more than new ones. One apparently sold for $31,000.
> > Maybe I'll buy a Prius or two for MSRP and auction them off on eBay
> > for a quick profit...
> >

>
> You can't buy a Prius for MSRP, though. Well, odds are a worse than a
> snowball's chance in hell.
> The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP.
> Prius has a demand and buzz that's even bigger than the PT Cruiser and the
> VW Beetle, relative to the supply.


Really? A local dealer has run an add with a price below
MSRP. I think dealers plant stories like this to con the
weak willed.

Ed
  #5  
Old April 12th 05, 08:35 PM
C.H.
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On Tue, 12 Apr 2005 12:39:31 -0400, Magnulus wrote:

>
> "Scott en Aztlán" > wrote in message
> ...
>> The KTLA Morning News reports that *used* Toyota Priuses are selling
>> for as much or more than new ones. One apparently sold for $31,000.
>> Maybe I'll buy a Prius or two for MSRP and auction them off on eBay
>> for a quick profit...
>>

>
> You can't buy a Prius for MSRP, though. Well, odds are a worse than a
> snowball's chance in hell.


That's because people are stupid. Even at $5/gallon a Prius' total cost of
ownership is much higher as the one of any comparable small economy car -
and that's not counting costly repairs to the battery, which has a limited
lifespan.

> The graft of the dealership is anywhere from 3,000 to 5,000 over MSRP.
> Prius has a demand and buzz that's even bigger than the PT Cruiser and the
> VW Beetle, relative to the supply.


It's a fad. The people, who drive Priusses do so, because they want to
look intellectual, not because they care for the environment. It's the
Volvo of the new decade.

Chris
  #6  
Old April 12th 05, 08:50 PM
Paul
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Default

On Tue, 12 Apr 2005 11:36:17 -0500, Brent P , said the following in=20
rec.autos.driving...=20

> In article >,=20
> Scott en Aztl=E1n wrote:
> > The KTLA Morning News reports that *used* Toyota Priuses
> > are selling for as much or more than new ones. One=20
> > apparently sold for $31,000.
> > Maybe I'll buy a Prius or two for MSRP and auction
> > them off on eBay for a quick profit...

>=20
> This really is proof that math education in the=20
> USA is rather poor.=20


That and the "must have it now," entitlement to the utmost in convienence=
=20
that people are accustomed to these days that they are willing to pay=20
thousands over MSRP for a used car rather than wait a couple of months=20
for delivery of new one...
  #7  
Old April 12th 05, 09:28 PM
Brent P
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Posts: n/a
Default

In article et>, Paul wrote:
> On Tue, 12 Apr 2005 11:36:17 -0500, Brent P , said the following in
> rec.autos.driving...
>
>> In article >,
>> Scott en Aztlán wrote:
>> > The KTLA Morning News reports that *used* Toyota Priuses
>> > are selling for as much or more than new ones. One
>> > apparently sold for $31,000.
>> > Maybe I'll buy a Prius or two for MSRP and auction
>> > them off on eBay for a quick profit...

>>
>> This really is proof that math education in the
>> USA is rather poor.

>
> That and the "must have it now," entitlement to the utmost in convienence
> that people are accustomed to these days that they are willing to pay
> thousands over MSRP for a used car rather than wait a couple of months
> for delivery of new one...


The thing is, besides the look-at-me-i'm-driving-a-hyrbid factor, I was
refering to the cost analysis. They think they'll make it back on fuel
savings, but unless gasoline hits $4-5 a gallon they would have been
better off with a conventional gasoline powered car of similiar size with
the best available fuel economy.


  #8  
Old April 12th 05, 10:20 PM
N E One
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Default

On Tue, 12 Apr 2005 12:35:22 -0700, "C.H." >
wrote:

>It's a fad. The people, who drive Priusses do so, because they want to
>look intellectual, not because they care for the environment. It's the
>Volvo of the new decade.



Really?

And you know this how?

When I considered a hybrid, it certainly wasn't because I wanted to
look "intellectual". Believe it or not, some people actually give a
**** about the environment.
  #9  
Old April 12th 05, 11:20 PM
C.H.
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Posts: n/a
Default

On Tue, 12 Apr 2005 14:20:26 -0700, N E One wrote:

> On Tue, 12 Apr 2005 12:35:22 -0700, "C.H." >
> wrote:
>
>>It's a fad. The people, who drive Priusses do so, because they want to
>>look intellectual, not because they care for the environment. It's the
>>Volvo of the new decade.

>
>
> Really?


Yes, really.

> And you know this how?


I see the same idiots that usually are driving very old Volvos strutting
towards their new Priusses, maneuvering them ineptly out of their parking
and driving off.

> When I considered a hybrid, it certainly wasn't because I wanted to
> look "intellectual". Believe it or not, some people actually give a
> **** about the environment.


So do I, which is why I don't junk my non-hybrid car and buy a hybrid
vehicle that takes a lot of energy to produce and uses a lot of poisonous
chemicals in its batteries, which have only a very limited lifespan, but
rather accept a lower mileage.

Even if my car was old, junking a perfectly good driver to replace it by a
questionable hybrid is not an economic or environmental decision but a fad
for misguided and uninformed people.

Chris
  #10  
Old April 13th 05, 12:01 AM
N E One
external usenet poster
 
Posts: n/a
Default

On Tue, 12 Apr 2005 15:20:30 -0700, "C.H." >
wrote:

>On Tue, 12 Apr 2005 14:20:26 -0700, N E One wrote:
>
>> On Tue, 12 Apr 2005 12:35:22 -0700, "C.H." >
>> wrote:
>>
>>>It's a fad. The people, who drive Priusses do so, because they want to
>>>look intellectual, not because they care for the environment. It's the
>>>Volvo of the new decade.

>>
>>
>> Really?

>
>Yes, really.
>
>> And you know this how?

>
>I see the same idiots that usually are driving very old Volvos strutting
>towards their new Priusses, maneuvering them ineptly out of their parking
>and driving off.


And this includes every driver of every Prius or other hybrid you've
ever seen?

>
>> When I considered a hybrid, it certainly wasn't because I wanted to
>> look "intellectual". Believe it or not, some people actually give a
>> **** about the environment.

>
>So do I, which is why I don't junk my non-hybrid car and buy a hybrid
>vehicle that takes a lot of energy to produce and uses a lot of poisonous
>chemicals in its batteries, which have only a very limited lifespan, but
>rather accept a lower mileage.


Forget your red herring about replacing a perfectly good car, since
it's not safe to assume that people wouldn't be replacing their old
POS as I was when I considered one.

Quantify the environmental costs of producing these batteries vs.
those of burning a whole lot more fossil fuels.

Is it really more costly?

No fair assuming the batteries will be disposed of improperly - assume
they are disposed of properly.

>
>Even if my car was old, junking a perfectly good driver to replace it by a
>questionable hybrid is not an economic or environmental decision but a fad
>for misguided and uninformed people.
>


Prove it then. Show us that producing the battery for 1 hybrid car
is going to be worse for the environment than all the extra fuel you
would burn in a regular old gasoline engine.

I'll be very surprised if you can.

>Chris


 




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