Re: Prius Prime 2021 review

[robert <http://dummy.us.eu.org/robert>]

 > From: robert <http://dummy.us.eu.org/robert>
 > Date: Fri, 03 Feb 2023 08:30:05 -0800
 >
 >  > From: Noelle <noelle>
 >  > Date: Fri, 3 Feb 2023 08:21:19 -0800 (PST)
 >  >
 >  > I get emails from Excite about car financing all the time.
 >  > If i did buy the $30k 2021 Prime I have enough in savings to buy it 
 >  > outright
 > 
 > Right.  But, I think that, instead of depending on sunk costs, using a
 > simple metric of a loan premium could give guidance as to whether buying
 > another car or staying with the current one is the right move.

Below are the data.  Using linear regression, you will be spending
approximately $3500/year on maintaining your car in 2024.  Finding a car
with financing costs below this should be the tipping point for buying a
new car, in my mind.

  2022 $1198+$2808=$4006
  2021 $1878+$69=$1947
  2020 $314+$1055=$1369
  2019 $250+$1245=$1495
  2018 $314=$314
  2017 $870=$870
  2016 $24+$711+$24+$55=$814
  2015 $234+$24+$328=$586