Hybrid Car Owners Not Likely To Buy Another Hybrid
An anonymous reader writes "A new study has found that people who purchased a hybrid car in the past are not likely to buy a hybrid for their next car purchase. 'Only 35% of hybrid vehicle owners chose to purchase a hybrid again when they returned to the market in 2011, according to auto information company R.L. Polk & Co. If you factor out the super-loyal Toyota Prius buyers, the repurchase rate drops to under 25%.' The study also found Florida drivers to be a bit more loyal to the hybrid segment than elsewhere in the country. 'It's hard to know what's causing the low repurchase rate. One reason is that about 17,000 people purchased electric cars last year, and other data shows that many of those were trading in a hybrid vehicle. Honda has been hounded by high-profile class-action and small claims court lawsuits over fuel economy issues with older models of its Civic hybrid. ... Hybrid vehicles represent just 2.4% of the overall new vehicle market in the U.S., according to Polk, down from a high of 2.9% in 2008.'"
We bought a Prius for my wife because she had to commute through downtown Los Angeles, and at the time, solo Prius drivers were allowed to use the carpool lane. It worked great, she saved many hours of driving. But now California has ended that program, so if we had to replace the car today we probably wouldn't pay the extra cost to get a hybrid drive train and battery pack.
But the Prius has been great. No regrets about that purchase.
People here in CA were nudged to get a hybrid in no small part due to the ability to get a sticker that allowed solo driver access to the HOV lanes. Once that went away, a big part of the incentive went with it. I know some people who sold their hybrids in advance of the change, anticipating that the car would sell for more while they still could use the lanes.
So while hybrid owners might be unlikely to buy another, it could be due in part that without the HOV lane access they wouldn't have bought one in the first place. The story then would be "Car buyers follow temporary gov't incentive, move on when incentive goes away"
Most hybrids didn't offer better economy in the long run, once the added cost was factored in. They relied heavily on other incentives to make them more desirable in the first place. I'm surprised that those incentives didn't show up in the survey, or at least weren't mentioned in the report.
The Volt is not really an electric car. It's better described as a plug-in hybrid -- i.e. a hybrid with a much bigger battery that can be charged from the wall. Chevy does a good job of obscuring that fact, though. My point is that the Volt would be counted as a hybrid in the referenced survey.
BTW, don't get me wrong... I don't fault Chevy in any way for their marketing. They are very clear about what the Volt is and is not. They just have purposefully avoided using the actual terms "hybrid" or "plug-in hybrid".
I'd buy a diesel again in a heart beat. I get 40 miles to the gallon city in my Volkswagen Sportswagen. And diesel is 30 cents cheaper a gallon than petrol.
People who use the word "petrol" often have a larger size gallon than people who say "gas."
If you are one of those people then you are getting closer to 35 miles to the gallon of most slashdot readers.
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>>> it's becoming more and more obvious that hybrids are destined to be a short-lived stepping stone and not the long-term solution to our oil and pollution problems
Yes because an electric car can really carry me 150 miles per day on my work commute. (Not.) By the way according to the GREET study performed by the government, the most efficient car would be a Hybrid diesel. The diesel provides the compact energy format (150,000BTU/gallon), the high-efficiency engine (22:1 compression), and the hybridization provides the constant power curve. Like a modern locomotive.
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My 2011 Impreza cost me $20,000, and is a compact car. The only 4wd hybrids are large SUVs, which cost $30,000. Even at $4.00 a gallon, $10,000 buys a lot of gas. At 21 miles a gallon, $10,000 buys over 57,000 miles worth of gas!
Furthermore, Subaru service charges a lot less money then Honda service, and their accessories cost less. Honda charged me $400 for rubber floor mats, and Subaru charged me $100 for rubber floor mats.
Now, had I not wanted 4wd, I probably would have bought the Insight. I really prefer its quietness and smoothness over the Impreza. On the other hand, given that Honda service is expensive, regular mechanics won't work on Honda hybrids, and that the Insight would probably be worthless after 7 years, I'm probably going to spend less money owning the Impreza.
No, I will not work for your startup
150 mile commute? There's your problem.
You see? You see? Your stupid minds! Stupid! Stupid!
That's called a serial hybrid (energy flows from engine to battery to wheels). It is not "different" or new, but was invented nearly 100 years ago.
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It seems good to read http://en.wikipedia.org/wiki/Base_rate_fallacy (or other articles on the topic). If the article is correct that 2.4% of new cars sold are hybrids (which sounds reasonable) then the base rate expectation for a "random person" buying a hybrid is low. If the probability of a previous owner of a hybrid buying one next time is 35%, that's still around 14 times the base rate expectation.
Now clearly, car buying habits are hardly monte carlo style distributions. There is a considerably greater "loyalty" to specific cars than just the random assignment of an available vehicle to a driver. Most of that is probably pretty closely tied with income and socio-economic status. Also, obviously occupational effects matter; and also regional ones do. But consistency in brand or style in repeated car purchases is most certainly far lower than 100%.
It is not at all clear from the evidence given whether hybrid-loyalty is greater or less than other types. For example, I *just* bought a Honda Insight (which seems a lot less common than Toyota Prius, despite what seem to be even more favorable reviews; name recognition does seem big here). Like literally days ago, so I'm probably not good evidence in any direction about next vehicle purchase. But prior to that (and still), my partner and I own an Audi A4--a brand that probably sells no more than 2.4% of cars in the US (i.e. the brand as a whole, not the specific model which must be lower still). Even if a hybrid were out of consideration and I could only consider a conventional gasoline engine, I think there's much less than 35% chance I'd choose an Audi for my next car. Not because I have any particular criticism of Audi, but just because there are lots of other choices, even given similar driving patterns and socio-economic status. I could buy a Saab, or Volvo, or Acura, or maybe on a bit pricier side a BMW, Mercedes, Lexis, or slightly downscale a Buick or Lincoln, or a VW which comes from the same factory even. All of these are pretty comparable, and brand loyalty might lean my decision slightly, but there's a long way to go between the base rate--even of only "semi-luxury sedans"--to get to 35% brand retention.
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I get tired of this bitching like everyone needs a car that can drive tons of miles so that is a reason electrics can't work. No, not at all actually. Some people do. For them, electrics are out. However most other don't, for them it is an option.
I wouldn't buy an electric car for all sorts of reasons and range is the least of my worries. The reasons at the top of the list mostly boil down to infrastructure... For one thing live in an apartment building with first-come-firs-served parking and I can't very well lay 150m+ of electrical cable out of the window of my apartment on the 3rd floor. But assuming I could to secure my own private parking space and install a charging station next to it. How long before the local hooligans wreck it? Or if they nick the thing, charging stations are not exactly cheap to install (checked). What do I do if the idiot in 2C parks his tank^H^H^H^H SUV in my spot (and the two on either side of it), refuses to move it and thus ensures I can't charge my car? I have had the problem before of some asshole parking in a space I was renting and such a problem is neither easy nor cheap to solve. Lawyers cost money. Another point is that the government here has not lowered the taxes and tolls on electrics like they promised 3 years ago during the last election. Finally range is an issue, true you don't need it most of the time but there are times when you really miss it.
At the moment electric cars are nice if you live in your own house in the suburbs with a garage to charge your electric commuter car and a second gas powered vehicle you can fall back on for long range travel. What I want is a pluggable hybrid that enables me to do most of my commuting, say 75-100km on electric power but leaves open the option to go diesel or gas once in a while. Unfortunately few such cars are available and the ones that are are either expensive or they just suck ass. When the selection of cars improves and the Infrastructure is there I'll be the first to sign up for the electrics, until then I'll keep my tiny diesel hatchback.
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