Quote:
Originally Posted by tirebob
Okay... Just to examine one metric being discussed, comparing fuel economy versus savings...
A 2022 Rav4 XLE AWD like I bought (not the lowest level), on Toyota Canada's website the cost is $35,265.xx and it is rated for 7.1l/100km highway and 8.8l/100km city.
The lowest level Rav4 Prime SE AWD is $46,090.xx and is rated for 5.7l/100km and 6.4l/100km, and that is if you are fortunate enough to get one for list price and not the dealership inflated price.
Obviously everyones driving varies as to how much city versus how much highway driving they do, but let's generously say you are saving a combined total of 2.0l/100 KM. Even if gas is $2.00/l that equals $40/1000 km's driven. Just roughly and quickly that means you are driving almost 300,000km just to recover the cost difference in fuel saved.
Now of course we would need to calculate total cost of ownership over 300,000km of driving including maintenance, insurance, etc etc but this number certainly give one pause to consider that any potential long term savings are not as effective as one would think and that you have to spend all that money up front hoping to get it back later...
Again, this is just considering fuel cost to overall cost.
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There are an awful lot of people who drive less than 70 km a day, or those that do short trips and can plug in in between those trips. In theory they would never use the gas in the tank in a plug in hybrid, making the vehicle an EV with none of the limitations associated with an EV.