Thought some of you may be interested in this. It is from The Car Connection Daily Edition http://www.thecarconnection.com/
Any thoughts on what a hybrid Camry (assuming it would be substantially similarly equipped) will do to Prius resale values? For that matter, will Toyota decide to dump the Prius entirely when this whole thing goes "mainstream"?
I think the Prius will be around for a long time, but it will continue to be a trial for new technology - maybe fuel cells will be next. I think the resale on the Prius will be excellent, especially after hybrids are truly mainstreamed. There are MILLIONS of people who will be seeking this technology after gas prices soar, and not all can afford new cars so a used Prius would be an excellent choice. The present is good, the future should be equally good, for owners of this first of it's kind car.
it does leave one wondering what the Prius naming convention means Toyota has always used a naming convention for the vehicles names beginning with C were cars and T were trucks. maybe the P is for prototype.
Does it really matter what Toyota does in future so long as they support the Prius for those of us that own them? if they bring out a hybrid camry in '06.... I'm not likely to rreplace either my '80 ford pickemup twuck or my '04 prius. I doubt my wife wil replace her '02 Camry even if Toyota brings out a hybrid'05 camry... 'tis tooo late. in 5-7 years, when camry wears out...... she'll think about it..... cas
i think the camry hybrid will be more expensive than the prius, as well as of course largre and more luxurious, and will also not have the same level of economy (mileage) so they will serve different markets and therefore co-exist just fine. toyota's marketing plan for the lexux RX hybrid is not even a 'fuel economy' or 'green' approach, as it is with the prius. it's 'this car performs like a v8 with the mileage of a v6'
You mean, maybe the Prius might go the way of the Previa? And I thought the rule was that each model name had to have at least one "L" or "R", but that theory has been shot down by the Paseo, Echo, Sienna, and Sequoia.
The Prius has brought such attention and so many awards to Toyota that it will definitely remain the showcase for new technology for a long time. It will be very interesting to see how our resale values are in 7-10 years when we are trading in our cars. I believe that even then, it will be considered on the leading edge of technology and with gas prices climbing ever higher, it will be much sought after.
hmmm, i hope so. but in 10 years i see more of an atmosphere where hybrids and EV's will be the norm instead of the exception. Battery technology, solar energy, and regenerative technology should all have advanced considerably by then hopefully creating a hybrid that doubles the efficiency of the current model. Toyota's long term plans calls for that to happen in 6 years (2010) and I think they will beat their own estimate. As for hydrogen, ive yet to see a forecast shorter than 25 years. I personally dont think we have that much time. The Prius will be rather outdated by then, but I think the Prius' legacy wil l never be challenged. The car will go down as the technological innovation that woke up the world.