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First off I don't worry about Lexus being caught with products that aren't quite right because they seem to manage inventory better than anyone.
Second, your post focuses mostly on the economics of hybrids and while that's a factor for most people, I think most people buy hybrids regardless of the economics, as a 'conscience' decision, because hybrids put out less emissions overall than non-hybrids. As an aside, while they may be buying based on the 'feel good' that what comes out the exhaust isn't as bad as non-hybrids, they're not considering all the nasty stuff and chemicals that goes into creating a hybrid system, particularly the batteries.
So people buy hybrid today to be 'good eco citizens'. The unique Lexus angle says hybrids can appease both the left and right brains, the 'sensible, consciencious, save the earth' side, and the 'I want a fast vehice!' side. Electric drive-trains are almost silent also, which fits into the ultra quiet Lexus drivetrain philosophy also.
Onto Lexus' specific hybrid models...
- the RX400h doesn't exact a relevant space penalty for the hybrid (it's under the back row of seats), and the vehicle is peppier, so I think it fits the model I outlined above well.
- the GS450h does exact a space penalty on a vehicle that already has a fairly small trunk, well it wasn't that small really, but the opening is too small. So the buyer for a GS450h is going to be a truly conflicted individual.
"Save the world, love the oomph, need to carry a family-load of groceries? Well yes, but mmmm.... don't care, it's fast and unique..."
A sports sedan is already a conflicted vehicle, not truly practical or truly sporty (M5 comes closest) and Lexus has just muddied the water further.Bottom lines:
- as you've eloquently stated, hybrids don't make economic sense.
- hybrids are wanted by those who feel guilty about car emissions (despite the fact that modern non-hybrid cars put out 100th or less the bad emissions that cars 30 years ago did).
- hybrid drivetrains make more sense on large vehicles and vehicles custom designed to have a hybrid drivetrain (Prius).
By the way, I haven't gotten into it in too much detail yet but the Motor Trend comparo on hybrids out now says the Camry lost 30% of its trunk to batteries. You are definitely right about this technology being better suited to larger and purpose built vehicles.
1) Those that want to save money from saving on gas ASAP. This isn't going to happen until at least 4-6 years depending on which hybrid.
2) Those that want the added performace some of the performance hybrids offer. At this point in the game, since performance in a performance car is more importent to most of those type of buyers, you might as well just get a Corvertte Z06 and call it the day. Who cares about gas mileage when you can make 600 WHP with a little tuning.
3) Those that want to do their part to save the environment. You can't argue about this as they are doint a good thing. Its just that not everyone is into it right now.
"The dollars & sense of hybrids
Gas/electric hybrid vehicles can present a dilemma for car buyers. On one hand, they are more fuel-efficient and produce lower emissions than conventional, gasoline-only vehicles. Most current models have also scored well in our testing and are highly rated in our reliability and owner-satisfaction surveys. But hybrids are typically priced thousands of dollars higher than similar all-gas models.
So, for people who believe that hybrids will also save them money, the picture hasn't been so clear. That's why Consumer Reports investigated all of the major ownership costs and financial benefits of these models. The study reveals two notable findings:
In our analysis, only two of the six hybrids we have tested recovered their price premium in the first five years and 75,000 miles of ownership (see Hybrids vs. all gas). The Toyota Prius and Honda Civic Hybrid provide a savings of about $400 and $300, respectively, over that period. But that is only if buyers are able to take advantage of limited federal tax credits. Extra ownership costs over five years for the other four models ranged from about $1,900 to $5,500, compared with those of similar all-gas models.
The benefits and costs of hybrids vary significantly, depending on the model. Because of the wide range of hybrid vehicles available, it's especially important for consumers to look carefully at all aspects of the vehicle before buying.
The benefits of hybrids
The rising price of gasoline and concern over U.S. dependence on oil have generated a lot of interest in hybrids, and with good reason. They typically deliver the best fuel economy in their classes. The Prius and Civic Hybrid delivered an excellent 44 and 37 mpg, respectively, in our real-world fuel-economy tests, which is the best gas mileage we've measured in any five-passenger vehicles. The Ford Escape Hybrid, which achieved the best fuel economy of any SUV we've recently tested, can save you about $660 per year in gasoline costs.
Hybrids emit less pollution, with some models classified as Partial Zero Emission Vehicles by the California Air Resources Board. Each gallon of gasoline not burned prevents the emission of 19 pounds of carbon dioxide, which many believe contributes to global warming.
Several hybrids--the Honda Accord, Lexus RX400h, Toyota Highlander, and Toyota Prius--are outstanding overall packages that score at or near the top of their categories in our Ratings (available to subscribers). Not only do the Accord, Highlander, and RX400h provide moderately better fuel economy than their conventional counterparts, but they also provide notably quicker acceleration. The Highlander and Prius are among our Top Picks for 2006.
So far, hybrids have shown excellent reliability in our Annual Car Reliability Survey. And owners are passionate about them, rating them among the best in our Annual Car Owner Satisfaction Survey.
In California, some hybrid drivers can use special car-pool lanes regardless of the number of occupants in the vehicle, a considerable benefit for commuters in traffic-choked areas. In Virginia, all hybrid drivers have this advantage. There are also federal and state tax incentives.
These benefits add up to an inviting package for many car buyers who are willing to pay a premium for them. But for those who believe that one of a hybrid's attractions is that it will save them money, our figures show that even the most cost-effective models require an investment of about five years to break even."
oh....as far as residual value of hybrids go........look at what 2004-up Prius sell for on Ebay....and they're only getting HIGHER!
same with the Civic
Last edited by bagwell; Apr 19, 2006 at 05:23 PM.







