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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Square_Dealings who wrote (22128)	11/21/2004 6:08:20 PM
From: XBrit	Read Replies (2) of 110194

OT: >>I got 3.9% loan on a Prius a couple of months ago and the dealer told me that the US subsidizes the vehicle at about $10k each. Unbelievable technology for $25k and when gasoline goes to $5/gal... Getting 46 mpg currently...<< What did you pay for the Prius, like $30k or something? I just bought a 1997 Civic HX stick-shift from a family member for blue-book value of $8k, and getting consistently 37-38 mpg. Looks nice, very pleasant to drive. Hard to see how a Prius could be a better buy ever, under any plausible scenario for gas prices. Even with the subsidy, they're just too darned expensive for the benefit they offer.

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