How prices affect PHEV acceptance vs HEVs
#1
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How prices affect PHEV acceptance vs HEVs
Toyota NA released sales figures for the quarter, and from scrutinizing the figures, it looks like Prius Primes (PHEV) made up around 30% of all Prius.
This is interesting because it is higher than I thought, and seems to indicate a general trend.
Percent PHEV out of total hybrids and base MSRP
Prius Prime 30% - $33k base
NX450h+ 16% - $62k base
RX450h+ 13% - $71k base
So as the base price increases, PHEV acceptance decreases. In the case of the Prime and NX, it seems to be a linear relationship. Double the cost, and the PHEV component drops by half in comparison. This might also be because of the price differential that Toyota applies between PHEV vs HEV, where higher cost lines have larger differentials.
This is interesting because it is higher than I thought, and seems to indicate a general trend.
Percent PHEV out of total hybrids and base MSRP
Prius Prime 30% - $33k base
NX450h+ 16% - $62k base
RX450h+ 13% - $71k base
So as the base price increases, PHEV acceptance decreases. In the case of the Prime and NX, it seems to be a linear relationship. Double the cost, and the PHEV component drops by half in comparison. This might also be because of the price differential that Toyota applies between PHEV vs HEV, where higher cost lines have larger differentials.
#2
Lexus Fanatic
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i don't think it's price related as much as buyer profile/interests.
i expect most nx/rx buyers get hev/phev to save on gas. i expect most prius buyers get hev/phev to save the planet.
i expect most nx/rx buyers get hev/phev to save on gas. i expect most prius buyers get hev/phev to save the planet.
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JeffKeryk (04-04-24)
#3
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And if you look at the buyers of 5th gen Prius right now, it may be that a sizeable chunk are new buyers who have never considered a Prius before, and are more attracted to the looks. The 220 hp of the Prime probably is something that they look at, as is the gas savings at the same time. The price differential between PHEV and HEV in Prius is less, so you do get a better return faster.
#4
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#5
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2. Yes, to at least be better for the planet than an ICE car. I've been driving a hybrid for almost 15 years now, so not only saved gas, but perhaps put in my share of helping the environment.
3. You keep forgetting that huge *** battery BEVs lug along was made using a very polluting process, not to mention the heavier average weight per model line creates tires that spew more pollutants into the air.
4. Because zombies and grid meltdown.
Last edited by asj2024; 04-03-24 at 05:58 AM.
#6
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re: weight - i think you have an rx450h+? that's HEAVIER than my ioniq 5.
re: zombies and meltdown, if desperate i could recharge my car using my 10kw propane generator (i have in ground tank).
glad you like your hev/phev.
re: zombies and meltdown, if desperate i could recharge my car using my 10kw propane generator (i have in ground tank).
glad you like your hev/phev.
#7
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I also value my comfort and wants (luxurious interior/exterior and reliable large enough car), not just saving the planet.
As in everything in life, you weight things when you make decisions.
re: zombies and meltdown, if desperate i could recharge my car using my 10kw propane generator (i have in ground tank)..
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#8
Lexus Champion
If you bought me a brand new Toyota PHEV (because you are just that type of guy), I would thank you with all my heart, and immediately sell it, and buy a Tesla, probably the new 2024 Model 3 LR
No offence to PHEV's, thanks but no thanks
No offence to PHEV's, thanks but no thanks
Last edited by AMIRZA786; 04-03-24 at 11:23 AM.
#9
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As in everything in life, you weight things when you make decisions.
That's nice. Hope you have fun looking around for generators as you travel along and have to replenish your rapidly discharging battery on a lower range vehicle
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AMIRZA786 (04-03-24)
#10
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The BEV version of the RX would be significantly heavier than the PHEV version.
I already mentioned from the beginning that we are moving towards full electric (or at least non fossil fuel). The question is how long will that take. Imo, it will take much longer than people think.
Notice the emoji. It was a joke.
#11
Lexus Champion
RAV4 Prime and Model Y long range have almost exactly the same curb weight.
#12
Lexus Champion
Let me address you point by point from your previous post:
"They are heavy compared to their non-BEV version. That's not even something to be debated. The huge battery is the difference"
Every last one of us on this forum who owns a BEV or multiple BEV's knows this. It's not something we even debate about. We know BEV's weigh more, that's not news to us
"The BEV version of the RX would be significantly heavier than the PHEV version"
Again, this doesn't hold any significance to any of us BEV owners. We would probably buy the heavier RX BEV if it met our criteria...decent range, good charging curve, and acceptable performance and good pricing
"Stating facts about BEVs is not bashing it. It's stating facts about it"
The problem is, you keep stating these "facts" over and over again. As BEV owners, we didn't make our purchases blindly, we knew exactly what we were buying and have concluded that the "weaknesses" are acceptable as their strengths outweigh them. But you don't seem satisfied with that answer for some reason
"I already mentioned from the beginning that we are moving towards full electric (or at least non fossil fuel). The question is how long will that take. Imo, it will take much longer than people think"
It doesn't matter how long it takes for the general public to accept BEV's, we already have, which is why we purchased (or leased) our current vehicles. If BEV adoption takes 20 years, OK, so what? How does that affect me? I can really care less if EV adoption is slowing down. That's actually a benefit to me because the net effect is price cuts, so my next purchase will be cheaper.
You seem very determined to get us into a Hybrid or PHEV. I've driven several, including a Prius, two RAV4 hybrid rentals, and a RAV4 Prime. Without getting into any details, I can confidently say that I prefer my BEV's
"They are heavy compared to their non-BEV version. That's not even something to be debated. The huge battery is the difference"
Every last one of us on this forum who owns a BEV or multiple BEV's knows this. It's not something we even debate about. We know BEV's weigh more, that's not news to us
"The BEV version of the RX would be significantly heavier than the PHEV version"
Again, this doesn't hold any significance to any of us BEV owners. We would probably buy the heavier RX BEV if it met our criteria...decent range, good charging curve, and acceptable performance and good pricing
"Stating facts about BEVs is not bashing it. It's stating facts about it"
The problem is, you keep stating these "facts" over and over again. As BEV owners, we didn't make our purchases blindly, we knew exactly what we were buying and have concluded that the "weaknesses" are acceptable as their strengths outweigh them. But you don't seem satisfied with that answer for some reason
"I already mentioned from the beginning that we are moving towards full electric (or at least non fossil fuel). The question is how long will that take. Imo, it will take much longer than people think"
It doesn't matter how long it takes for the general public to accept BEV's, we already have, which is why we purchased (or leased) our current vehicles. If BEV adoption takes 20 years, OK, so what? How does that affect me? I can really care less if EV adoption is slowing down. That's actually a benefit to me because the net effect is price cuts, so my next purchase will be cheaper.
You seem very determined to get us into a Hybrid or PHEV. I've driven several, including a Prius, two RAV4 hybrid rentals, and a RAV4 Prime. Without getting into any details, I can confidently say that I prefer my BEV's
#13
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It doesn't matter how long it takes for the general public to accept BEV's, we already have, which is why we purchased (or leased) our current vehicles. If BEV adoption takes 20 years, OK, so what? How does that affect me? I can really care less if EV adoption is slowing down. That's actually a benefit to me because the net effect is price cuts, so my next purchase will be cheaper.
You seem very determined to get us into a Hybrid or PHEV. I've driven several, including a Prius, two RAV4 hybrid rentals, and a RAV4 Prime. Without getting into any details, I can confidently say that I prefer my BEV's
You seem very determined to get us into a Hybrid or PHEV. I've driven several, including a Prius, two RAV4 hybrid rentals, and a RAV4 Prime. Without getting into any details, I can confidently say that I prefer my BEV's
As to trying to convince anyone of anything. Why would I care what you drive? Did I ever say anywhere..."hey, you really should be driving car x"?
This is a forum, where we discuss topics. My discussing the benefits and negatives of a type of vehicle does not mean I care whether or not you buy or do not buy that vehicle. I'm discussing it for the sake of exchanging ideas (or in some cases, because I'm in between working or whatever. and need some entertainment).
#14
Lexus Champion
Well, for one thing...as a Tesla investor, I assume you'll benefit from a fast rollout
As to trying to convince anyone of anything. Why would I care what you drive? Did I ever say anywhere..."hey, you really should be driving car x"?
This is a forum, where we discuss topics. My discussing the benefits and negatives of a type of vehicle does not mean I care whether or not you buy or do not buy that vehicle. I'm discussing it for the sake of exchanging ideas (or in some cases, because I'm in between working or whatever. and need some entertainment).
As to trying to convince anyone of anything. Why would I care what you drive? Did I ever say anywhere..."hey, you really should be driving car x"?
This is a forum, where we discuss topics. My discussing the benefits and negatives of a type of vehicle does not mean I care whether or not you buy or do not buy that vehicle. I'm discussing it for the sake of exchanging ideas (or in some cases, because I'm in between working or whatever. and need some entertainment).
Fair enough. It's just I think you made your points, but if you want to keep making them, I'm not standing in your way