{"id":10030,"date":"2012-04-11T17:29:46","date_gmt":"2012-04-11T21:29:46","guid":{"rendered":"http:\/\/henrypayne.com\/?p=10030"},"modified":"2012-04-13T17:32:17","modified_gmt":"2012-04-13T21:32:17","slug":"payne-high-hybrid-divorce-rate","status":"publish","type":"post","link":"https:\/\/henrypayne.com\/index.php\/2012\/04\/payne-high-hybrid-divorce-rate","title":{"rendered":"Payne: High hybrid divorce rate"},"content":{"rendered":"<p>Even greenies are defying Papa Obama&#8217;s forced marriage to electric vehicles.<\/p>\n<p>&#8220;A study released Monday by Southfield, Michigan-based auto research firm Polk shows that 35 percent of hybrid vehicle owners chose to purchase a hybrid again when returning to the market in 2011,&#8221;\u00a0<a href=\"http:\/\/www.detroitnews.com\/article\/20120409\/AUTO01\/204090396#ixzz1reXB3pvF\">reports Dave Shepardson<\/a>\u00a0at The Detroit News.&#8221;If repurchase behavior among the high-volume Toyota Prius owners isn&#8217;t factored in, hybrid loyalty drops below 25 percent.&#8221;<\/p>\n<p>In other words, after driving a hybrid-electric car, 65 percent of buyers &#8211; a high, income, self-consciously green demographic &#8211; reject them. That helps explain why hybrid sales have flat-lined at just 2-3 percent of vehicle sales after over a decade on the market &#8211; and despite huge buyer tax incentives and a doubling of hybrid model offerings since 2007.<\/p>\n<p>The Prius divorce rate is significant too as the iconic Toyota makes up 50 percent of sales. So a staggering 75 percent of non-Prius buyers reject hybrids after owning them &#8211; no doubt because they can&#8217;t justify their $5000-plus markup on a standard gas model, a markup they\u00a0<a href=\"http:\/\/www.nytimes.com\/2012\/04\/05\/business\/energy-environment\/for-hybrid-and-electric-cars-to-pay-off-owners-must-wait.html\">don&#8217;t get back in gas savings<\/a>.<\/p>\n<p>Meanwhile, Obama has mandated that all cars be hybrid-electric &#8211; or electric &#8211; by 2025 with his 56-mpg efficiency edict. Just as federal light bulb standards eliminated the traditional light bulb by dictating a 20 lumens per watt efficiency standard (thus eliminating, for example, the 17 lm\/W, 100-watt incandescent), no current gas-powered car comes close to meeting Obama&#8217;s 56-mpg standard. Not one.<\/p>\n<p>Indeed, only electrics like the Nissan Leaf currently meet the standard &#8211;\u00a0<a href=\"http:\/\/www.fueleconomy.gov\/feg\/topten.jsp\">even the vaunted<\/a>\u00a02012 Prius, at 50 mpg, falls short.<\/p>\n<p>Americans were nearly caught blind-sided by the bulb ban (postponed by GOP House action late last year). But had it gone into effect, the effect wouldn&#8217;t break the bank. CFL bulbs may cost more than four times a traditional bulb &#8211; but that is still &#8220;only&#8221; a difference of, say, $21 for a four pack of CFLs. By mandating electric cars, however, consumers will suddenly be facing sticker shock of $7000 (if you must buy a Ford Fusion hybrid over a gas Fusion) to $20,000 (if you mandate the Chevy Volt over its sister gas-powered Cruze).<\/p>\n<p>Eighty percent of the light bulb market is incandescents by choice. Imagine the outrage when the 97 percent of vehicle buyers that prefer gas-power have to enter shot-gun electric marriages.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even greenies are defying Papa Obama&#8217;s forced marriage to electric vehicles. &#8220;A study released Monday by Southfield, Michigan-based auto research firm Polk shows that 35 percent of hybrid vehicle owners chose to purchase a hybrid again when returning to the market in 2011,&#8221;\u00a0reports Dave Shepardson\u00a0at The Detroit News.&#8221;If repurchase behavior among the high-volume Toyota Prius [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,87],"tags":[124,2056,465],"_links":{"self":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts\/10030"}],"collection":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/comments?post=10030"}],"version-history":[{"count":1,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts\/10030\/revisions"}],"predecessor-version":[{"id":10031,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts\/10030\/revisions\/10031"}],"wp:attachment":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/media?parent=10030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/categories?post=10030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/tags?post=10030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}