Price of a new Prius $30,000 roughly.


From the web:

I bought my brand new Prius from a dealership in Waterford, MI in the fall of 2005. It is the only car I have ever kept until the loan was paid off, and even then I was in no hurry to sell or replace it. Then the hybrid battery died.

We put over 100,000 miles on the car over the past eight years, and the only maintenance we ever really had to do were oil changes, brakes, and tires.

We took the car to an auto repair shop nearby that we trust. The mechanics there are friendly, honest, and good at what they do. A $120 diagnostic fee and five hours later, we got the news that they identified the dreaded P08A0 error code: Replace Hybrid Battery Pack.

The cost to install a new hybrid battery pack? $4,033! According to Kelley Blue Book the car is only worth about $7500 on the street, and our mechanic wanted us to pay more than half of that just to keep it running.

The hybrid battery pack in 2004 and later Prius models is warranted for only eight years or 100,000 miles (10 years or 150,000 miles in states that have adopted the stricter California emissions control standards), which means there are hundreds of thousands of Prii on the street that are out of warranty and will need the hybrid battery pack replaced.


Deprecation almost $3,000 a year.

Gas cost for conventional car  at 25 MPG 12,000 miles and $3.50 a gallon is $1680 per year.



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