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2010 Toyota Prius

2010 Honda Insight
Base Prius gets a $1,000 price cut

The most popular hybrid car on the market is the Toyota Prius. The Prius has been around for a decade now and Toyota is getting set to launch a new and larger Prius for 2010 that offers an increased feature set and better fuel economy. One early road test showed that the 2010 Prius achieved 52.5 mpg.

Toyota is going to be pricing the third-generation 2010 Prius to better compete with Honda's new Insight hybrid. The Insight carries a base MSRP of $19,800, undercutting the 2009 Prius selling for a base MSRP of $22,000. However, the 2010 Prius I will carry an MSRP of $21,000 which helps to close the gap between the two hybrids. The 2010 Prius will be offered in five trim levels with the II, III, IV, and V coming in at $22,000, $23,000, $25,800, and $27,720 respectively.

Bob Carter, group vice president and general manager of the Toyota Division, expects the $22,000 Prius II to be the most popular model for consumers. “This model provides more than $2,000 added value, including the features most buyers want, at the same price as the current base model,” said Carter.

Standalone options will include an $1,800 Navigation Package, $3,600 Solar Roof Package (includes Navigation Package), and a $4,500 Advanced Technology Package (Navigation Package plus Radar Cruise Control, Pre-Collision System, Lane Keep Assist, and Intelligent Parking Assist).

The Insight is rated at 41mpg combined for city and highway driving, while the larger new Prius is rated at 50 mpg combined and is classified as a mid-size car offering more space than the Honda.

The economy is hurting sales of all vehicles, including the Prius and other hybrid automobiles. Through Q1 of 2009, the Prius sold 24,277 units, a 43% drop from the same quarter last year. The Insight hit the market in March and sold 569 since then.

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RE: Stop hybrid dumping!
By Alexstarfire on 4/23/2009 2:23:52 PM , Rating: 1
I'm well aware that there are tons of low wage jobs, since I've worked at several myself. There are very few things that are actually needed believe it or not. Restaurants of any kind simply aren't needed, they are a want. Places like PetSmart, and many other specialty stores aren't needed. Places like Bass Pro Shop certainly aren't needed. The list could go on forever. It's not that there aren't certain things these stores provide that are needed. I'm sure we'd all love to keep feeding our pets and fishing, but we don't need the gagillion toys at PetSmart or all the fancy boats at Bass Pro Shop. I'd wager a guess and say that probably half of what companies like UPS and FedEx deliver probably aren't needed by that person. That is a pure guess though, but I think I'm probably underestimating that number.

I would highly argue that the cause of this recession is debt. You know how many of my high school friends are in debt? Well, I suppose I should say were in debt since most have actually been paying them off. Half my friends were. They don't even have living expenses and still couldn't manage it. People just need to learn how to manage their fucking money. You don't need a god damn 3 bedroom house for 1 couple... unless you have kids on the way or something. But even then you don't need to have all the fancy homes. We have two neighborhoods in our town that are $500k+ homes. The average value of the houses surrounding it can't even be $200k. Since they are new it's not surprise no one is really living there. But before this really hit us people were buying up these houses in droves. They continuously spend outside of their income and that is no one's fault but themselves. Naturally this isn't true for EVERYONE, but for a good majority it is. While I can't say this for certain I feel my parents were sorta in that boat. I don't think they overspent, but kept it on the edge. Luckily they have guaranteed jobs so it isn't a problem. That's just my guess though, I don't know what their financial records look like. Could just all be in retirement since they are quickly approaching that date.

RE: Stop hybrid dumping!
By mindless1 on 5/2/2009 1:21:47 AM , Rating: 2
There are multiple reasons someone may want more bedrooms than they need. Suppose they have guests over. Suppose they buy the large home in a nicer neighborhood because they are stuck up, or don't like to deal with people in lower class neighborhoods, or see a home as a good investment they can enjoy at the same time unlike stocks or bonds.

I'm not trying to justify overbuying a house but the typical person isn't buying fancy boats or lots of pet toys. You are right that people have a lot of things they don't need, and certainly that they should have budgeted a bit better including more insulation from job loss by having more savings rather than debt, but at the same time we have to look at the media's influence on the sheep, they are trained to behave this way from early childhood.

Who really needs a cellphone? I bet a lot of people think they do. Regardless, having things you want instead of need to survive is what pushes people to work harder. Take away that incentive and you see more people on welfare which drags down the economy too.

"A lot of people pay zero for the cellphone ... That's what it's worth." -- Apple Chief Operating Officer Timothy Cook

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