costs
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Like many articles, this one started with a reader question. Casey Krakowiecki wrote: I'm interested in buying a new Toyota Prius hybrid. I hope you can answer a couple of questions that will help me. (1) Are the rechargable batteries guaranteed for 8 years? If they fail at 7 years and 11 months, do you get them replaced free of charge, or are they prorated? (2) What happens to the resale value of a Prius if you want to keep it for six or seven years, knowing the cost of replacing batteries is $3,000? They're both good questions. To answer the first one, John Hanson, Toyota's National...
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Could Gas Prices Fall This Summer? Don't Count On It
Every year, as the weather improves in the spring, gasoline prices start to creep higher. But this year, could it be that the pattern is broken? The recent run-up to record levels--California is now paying an average of $4.26 per gallon--might be halted, even reversed, if wholesale oil prices...
John Voelcker -
How Much Gasoline Can You Save With A Hybrid Or Plug-In Car?
As of the middle of April, gasoline is approaching $4.00 per gallon across the United States and oil is surging past $110 per barrel. More and more energy observers are talking about "$5 per gallon fuel" here in the U.S. So how do you minimize your gasoline costs and maximize your mileage? What...
George Parrott -
How Much Does a Tesla Model S Battery Pack Cost You? We do the Math
Yesterday Tesla Motors Vice President of Worldwide Sales and Ownership Experience George Blankenship wrote an update on the upcoming Model S electric sedan on the company blog. Alongside an update on the alpha testing of Tesla’s much anticipated seven seat sedan, Blankenship outlined the...
Nikki Gordon-Bloomfield -
U.S. Drivers: Shut Up, Stop Whining, You Don't Pay $8/Gallon
Turmoil in Libya is making global oil markets nervous. That means higher gasoline prices. Cue the creeping unease and outright fear that Our American Way Of Life May Be In Peril. Well, it's Monday morning, and we have a brisk message for our U.S. readers: Shut up and stop whining. So gas is over $3...
John Voelcker -
Virginia Utility Tests Cheap Rates for Electric Car Owners
Dominion Virginia Power announced yesterday that is waiting for Virginia State Corporation Commission approval to offer two electricity tariffs exclusively to electric vehicle owners in a bid to encourage customers to make the switch to electric cars. As we’ve discovered before, more and more...
Nikki Gordon-Bloomfield -
It's a concern that comes up over and over: If I buy a hybrid car, won't I have to spend thousands of dollars to replace the battery pack in a few years? The answer is, No. Not only are automakers required to warranty the high-voltage battery packs in hybrid-electric vehicles for 8 years/100,000 miles or 10 years/150,000 miles, depending on state, but now we have data to show that those packs don't get replaced any more often than any other part. Older hybrids used as taxi cabs in cities like San Francisco have been retired with well over 300,000 miles on their battery packs, and no...
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Cheap Insurance For EVs? LEAF May Benefit, Will Others?
With all the talk of purchase price, charging costs, tax incentives, congestion charging exemptions and maintenance costs for EVs, there's one financial area which often gets overlooked - insuring them. With so few EVs on the road it's been difficult to gauge whether they'll cost more or less than...
Antony Ingram -
EV Vs Gas Vs Diesel: Breaking Down The Costs
Thanks to the limited availability of electric cars on the market thus far and lack of parity between EV models and their gasoline or diesel counterparts, comparing the relative costs of the three isn't the easiest of tasks. The human race wouldn't have got very far if we'd only ever done what was...
Antony Ingram -
Why The Cost of Insuring Your Hybrid Car Is Going To Rise
We already knew that the quintessential hybrid car, the Toyota Prius, costs a little more to repair than non-hybrid cars. Now, the news gets worse: Insurance rates for hybrids are going to rise, probably at a faster rate than auto insurance premiums overall, according to Mitchell International's...
John Voelcker -
Low Theft Losses: Another Reason to Love Toyota Prius Hybrids
Not a lot of buyers end up choosing between a Toyota Prius hybrid and a Cadillac Escalade full-size sport-utility vehicle for their new car. Now, in addition to its top-of-the-charts gas mileage--50 mpg on the EPA combined cycle--there's another reason to opt for the Prius: Its earlier models have...
John Voelcker -
U.S. Buyers Save Less Using EVs (But It's Not About Payback)
Auto industry analysts get paid to issue reports, and most of them are vastly better at data analysis and number crunching than we'll ever be. That doesn't mean, however, that sometimes their data isn't misleading. It's important to keep context in mind, and not miss the forest for the trees...
John Voelcker -
More than a year ago, we wrote an article pointing out the flaws in the U.S. practice of measuring a car's gasoline use with the familiar miles-per-gallon (MPG) measure. Now, no less a body than the august National Research Council has agreed with us. As it noted in a pre-publication summary released by the National Academy of Sciences: Fuel economy data cause consumers to undervalue small increases (1-4 mpg) in fuel economy for vehicles in the 15-30 mpg range. Display consumption as well as MPG Its panel strongly urged that the information should be displayed to consumers as fuel consumed...
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A Tale of Two Toyota Corollas: U.S. Buyers Get More For Less
When auto editors go on vacation, we rent cars too. Which is how a pair of very plain 2010 Toyota Corollas in South Africa taught us a few lessons about fuel economy, green value, and what other countries drive. The bottom line: U.S. buyers get a lot more car, for a lot less money, than elsewhere...
John Voelcker -
Infrastructure Hurdles Hinder Mini E Trial
Being a pioneer isn't easy. Just ask BMW North America CEO, Jim O'Donnell. As the German automaker continues to test 450 electric Minis (aptly called Mini Es) in New York, New Jersey and L.A., creating the charging network has proven challenging. "We are learning a heck of a lot just about the...
Robert Scardino -
Yet Another Reason To Buy a Toyota Prius: Cheap Insurance!
There are many excellent reasons to buy a Toyota Prius, new or used, leading off with the hybrid's superb fuel economy: 50 miles per gallon for the new 2010 Toyota Prius. Now you can add to that list another justification. It turns out that the Toyota Prius will save you money on insurance. The...
John Voelcker