Longtime Houston attorney Tom Kirkendall's observations on developments in law, business, medicine, culture, sports, and other matters of general interest to the Houston business, professional, and academic communities.
Ah, but there are other advantages to owning a Prius:
1) Cost-savings include many taxpayer subsidies. I don’t have to pay an annual $500 Virginia car tax, and I got a federal rebate when I bought the car.
2) Reliability is above average. Consumer Reports claims that it’s cheaper to own a Prius than any other car in its size class.
3) Used Priuses hold their value better than other cars, at least as long as the shortage of Priuses continue.
4) A $28,000 Prius has the cachet of a car twice the price — when I lived in Los Angeles, the Prius was the only car under $40,000 that I could buy and not get sneered at.
Tom, are you saying that if I can make it through a typical American lifespan buying fewer than 22 (78 years / 3.5 years to break even) hyprid Priuses, I can be as successful as the ‘despondent’ investor in graph number one? It’s a subtle point, but I dig it 🙂
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Ah, but there are other advantages to owning a Prius:
1) Cost-savings include many taxpayer subsidies. I don’t have to pay an annual $500 Virginia car tax, and I got a federal rebate when I bought the car.
2) Reliability is above average. Consumer Reports claims that it’s cheaper to own a Prius than any other car in its size class.
3) Used Priuses hold their value better than other cars, at least as long as the shortage of Priuses continue.
4) A $28,000 Prius has the cachet of a car twice the price — when I lived in Los Angeles, the Prius was the only car under $40,000 that I could buy and not get sneered at.
Tom, are you saying that if I can make it through a typical American lifespan buying fewer than 22 (78 years / 3.5 years to break even) hyprid Priuses, I can be as successful as the ‘despondent’ investor in graph number one? It’s a subtle point, but I dig it 🙂