Toyota to sell a cheaper Prius | Tech news blog - CNET News.com:
Toyota is dropping the price on the 2008 price by 5.5% to $20,950 and they are working on a plug in version.
Of course the plug in version is going to massively increase your power bill (more than erase all the savings we've worked on here so far). The plug in hybrid is just shifting the power generation to the power plant which in my case means it'd be a mostly coal powered car :(
Though to be fair if you are in state that is using clean energy this is a nice advantage to have a plug in. Additionally you can make the argument that nuclear and hydroelectric power is available at night and would otherwise be "wasted".
In the end a 5% price drop on a hybrid is a very good thing!
Saving on gas in your car, is like saving a lot of electricity in your house, from a budgetary and environmental perspective.
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