I would really appreciate some help deciding which type of car would I be better off buying this year. I am in sales and drive between 70 to 100 miles a day and about 25,000 miles a year. It is probably a 60/40 split highway to city. I usually buy a slightly used car with low miles so I don't "take the hit" on a new car and keep a car 8 to 10 years. I would love to buy a 2007 Lexus ES350 which will probably get the same gas mileage as my current car - a 1997 Toyota Avalon. But as I watch gas prices rise everyday I am drawn to the Camry Hybrid. However, I hear that between the premium for the hybrid and the battery life which is about 80,000 miles at a cost of $2,500 to $5,000 I would never recoup that difference. These are the 2 cars I am really drawn to. Do you have any thoughts for this confused car buyer?
I think that both cars are excellent choices. At this point I believe the the Hybrids are still high in price and as more and more manufacturers get into that game, the prices will become more competitive. With the number crunching that you have done, at this point is sounds like ES350 is a good choice. I would consider a certified pre-owned vehicle on either one. This are a little more expensive but they offer an extended factory warranty.
〉 Answered on Mar 14th, 2008 by Marnie Kramer, Owner and Creator at EverythingCarz.com