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Unfortunately, you have to drive quite a bit to
reach the breakeven point.<br><br>A Corolla LE with
Automatic Transmission, Intrustion Protection, Air
Conditioning, Power windows and door locks has an MSRP of
US$16,043 according to carpoint.msn.com. Add the standard
Toyota destination fee of about $455 and the price comes
to about $16,500 compared to $20,500 for a Prius.
The Corolla gets a city mpg of 29 versus 52 for
Prius. At $2 per US gallon, the Corrola costs
$0.068/mile whereas the Prius gets $0.038/mile. At a price
differential of $4400 after tax, the breakeven point is about
150,000 miles for city driving and over 400,000 miles for
highway driving. Even at the European price of $6/US
gallon, you have to drive "only" 48,000 miles to break
even in the city or 150,000 miles on the highway.
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