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MoonDog · 08-31-2005, 01:13 PM

I bought my Toyota Prius at the end of April 2005, based on predictions of $3/gallon gas in the very near future. Total cost: $23,000. I drive across the NY border to PA every day to work, and when you add incidental mileage from other trips, I usually drive about 100 miles/day. I also make frequent trips to Harrisburg, Pittsburgh, and other places in PA for my job. To date, my mileage on that Prius is 9,000+.

One of the reasons I bought the car was because of the one-time tax benefits. The federal government, at that time, was giving a $2,000 tax deduction on hybrid purchases. That, coupled with a New York State tax CREDIT of $2,000, would have given back to me about $2,500 of my purchase costs.

Now, with the passage of the federal energy bill, I will see at least a $1,200 federal tax credit - maybe even $2,000 - so I could get up to $4,000 back on my purchase.

I don't buy gas in New York State anymore, since their gas tax is higher than PA. I didn't see what gas in my neck of the woods was, but I would guess it is at or just under $3/gallon. In PA where I work, the gas was $2.89/gallon on the way home.

To fill up my 11.9 gallon tank at $2.89 is $35.7. I usually average 50.2 miles/gallon in the Prius, so I am getting close to 600 miles/tank when I run it down to fumes.

08-31-2005, 01:13 PM	#23 (permalink)
MoonDog Psycho Location: Buffalo, New York	I bought my Toyota Prius at the end of April 2005, based on predictions of $3/gallon gas in the very near future. Total cost: $23,000. I drive across the NY border to PA every day to work, and when you add incidental mileage from other trips, I usually drive about 100 miles/day. I also make frequent trips to Harrisburg, Pittsburgh, and other places in PA for my job. To date, my mileage on that Prius is 9,000+. One of the reasons I bought the car was because of the one-time tax benefits. The federal government, at that time, was giving a $2,000 tax deduction on hybrid purchases. That, coupled with a New York State tax CREDIT of $2,000, would have given back to me about $2,500 of my purchase costs. Now, with the passage of the federal energy bill, I will see at least a $1,200 federal tax credit - maybe even $2,000 - so I could get up to $4,000 back on my purchase. I don't buy gas in New York State anymore, since their gas tax is higher than PA. I didn't see what gas in my neck of the woods was, but I would guess it is at or just under $3/gallon. In PA where I work, the gas was $2.89/gallon on the way home. To fill up my 11.9 gallon tank at $2.89 is $35.7. I usually average 50.2 miles/gallon in the Prius, so I am getting close to 600 miles/tank when I run it down to fumes.