Hybrid Aspen
#3
If they stick to their guns, you might want to consider doing an analysis of MPG as it relates to price. I'm betting it would take you the better part of 5-6 years to break even on that deal.
For example:
Aspen Hybrid: $39,064
Aspen Hemi: $32,000
Difference: $7,064
Let's assume worst case - gas goes up to $4/gallon, and you drive 15,000 miles/year
Combined mileage for Hybrid is 19.5 combined, and 15.5 combined for Hemi non-hybrid (assume 50/50 split city and highway driving, and 4x4 for both).
Annual fuel costs
Hybrid $3,077
Hemi $3,871
Yearly cumulative benefit of hybrid (not controlled for inflation)
Year 1: $794
Year 2: $1,588
Year 3: $2,382
Year 4: $3,176
Year 5: $3,970
Year 6: $4,764
Year 7: $5,558
Year 8: $6,352
Year 9: $7,146
So, it will take you around 9 years in the above example just to break even, and that's assuming the maintenance costs of the Hybrid are the same as non-hybrid (not likely).
With some cars, the argument for environmental consciousness is used. However, that's a tough argument to swallow for a 5,000 pound SUV with a Hemi engine that still gets less than 20 mpg combined. It's no wonder why Chrysler isn't making the hybrid anymore.
Conclusion: Save your $$ and buy the non-hybrid, unless you buy a new car every 10+ years.
Note: I didn't factor in any tax credits, which might shave a year or two off the break-even timeline. However, these credits are being phased out.
Finally, by way of example, my 2008 Aspen is loaded with every available option, and I purchased it with 18k miles for $25k and change. The value of these vehicles drop like bricks, so don't pay more than you have to.
Last edited by 15951a\; 03-13-2009 at 07:13 PM.
#4
I just built one optioned like the hybrid and it came to 37687 on chrysler.com There is a 2200 tax credit on the hybrid for sure already looked into that. The sticker on the hybrid is 48867. I looked at a non hybrid and its sticker was 45600 thought it was a break even thing here. Maybe I will just keep my 02 untill the wheels fall off
#5
After talking to the guy again it has waaaay to many miles for me it has 4300. It is not cheap enough I would pay 500 more for a car that I am the first to fart in. I did find one in Georga for 10k off sticker and more for my trade without seeing it. I don't know, I have not seen or talked to someone that has had one so it makes me a little nervice.
#7
That is way too much. My husband and I bought a new 2008 with the tow package at the very end of December and paid $29,000.00. It was listed at $42,000.00 with a $1500.00 discount so they were trying to sell it for $40,500.00. My husband held firm and would've walked, and they knew it. We're very happy with it. It does only average between 13.4 mpg and 14.5mpg, but we knew that going in.
#8
That is way too much. My husband and I bought a new 2008 with the tow package at the very end of December and paid $29,000.00. It was listed at $42,000.00 with a $1500.00 discount so they were trying to sell it for $40,500.00. My husband held firm and would've walked, and they knew it. We're very happy with it. It does only average between 13.4 mpg and 14.5mpg, but we knew that going in.
The 2008s in December had huge incentives, so you got a good deal and the dealership still made money.
#9
I completely understand that, and yes my Aspen a non-hybrid. In addition ,I do realize that my Aspen is a 2008 and not a 2009, but I still believe that it is over-priced. It's a demo. To me that is used and not brand new, and the fact that they are not going to making the Aspen and Durango any longer means that it may become harder to find parts for the regular Aspen, never mind the hybrid. All of that can be factored into talking the price down.
I know that we got a great deal and our cash back incentive was $4500.00, but there are even greater incentives out there now for the 2009 model. I just hate for anyone to overpay.
I know that we got a great deal and our cash back incentive was $4500.00, but there are even greater incentives out there now for the 2009 model. I just hate for anyone to overpay.
#10
I completely understand that, and yes my Aspen a non-hybrid. In addition ,I do realize that my Aspen is a 2008 and not a 2009, but I still believe that it is over-priced. It's a demo. To me that is used and not brand new, and the fact that they are not going to making the Aspen and Durango any longer means that it may become harder to find parts for the regular Aspen, never mind the hybrid. All of that can be factored into talking the price down.
I know that we got a great deal and our cash back incentive was $4500.00, but there are even greater incentives out there now for the 2009 model. I just hate for anyone to overpay.
I know that we got a great deal and our cash back incentive was $4500.00, but there are even greater incentives out there now for the 2009 model. I just hate for anyone to overpay.