I recently did a cost comparison between the base price of a Corolla vs. the base price of Prius and trying to determine whether the gas savings alone make it worth it.
What I found is that if you assume $3.00/gallon (it obviously may go up a bit) and 15,000 miles per year, that the Corolla is still cheaper than the Prius after 10 years of use. I think there are tax advantages for the Prius, but I’m not sure of the details. Money now is worth more than money in the future so that helps justify the Corolla. Also, my guess is that Prius repair and maintenance costs more due to less standard parts and components.
Anyway, both my Dad and my Dad-in-Law have a Prius and I don’t. Can you say, “sour grapes”?