Re: Prius Prime 2021 review

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

 > From: Noelle <noelle>
 > Date: Sun, 26 Feb 2023 09:42:54 -0800 (PST)
 >
 > definitely paying more each year

Yeah.  I sent you a graph via Session of the projections using different
regression techniques.  I also attached it.  Cubic is obviously the worst.

 > On Sun, 26 Feb 2023, robert wrote:
 >  >  > 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