Toyota World

The Cost Analysis of Hybrid

Posted on July 12, 2009 with No Comments

The price recommended by the MSRP (manufacturer suggested retail price) is $22,000 for the all new third-generation 2010 mid-size Toyota Prius II. This price is $1,806 less than the $23,806 median price of the mid-size sedan section. When the industry loan averages is used the Prius will have a monthly payment of $435.
The annual fuel costs based on the EPA-figured fuel economy ranking of 50 mpg for combined city and highway is $2.62 a gallon. The statistics is based on the national average as of 6/8/2009. The Prius is economical to the tune of around $172 per year or $14 a month.
So for a mere few extra dollars one can get a more spacious vehicle which is a full hybrid. It also gives better mileage ratings, improved performance, vehicle constancy control, driver’s knee airbag, belt less engine, rear disc brakes etc. Thus when hybrid affordability has to be considered then it has to be looked beyond MSRP.

Source: Press room Toyota