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Category: Free Inquiry

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How much does it cost to replace my hybrid battery?

Local Repair shop vs Dealership

I found a local auto repair shop that specializes in hybrid battery repairs and replacements. According to the website getting a Toyota Rav4 battery replaced at the dealership would be approximately $5000. However, if you get it replaced at their shop you would save approximately $1000. This is cheaper than what I expected which is always good. It is also nice to know that there are options. Follow the link below to read up more on the Cowichan Auto Repair shop!

Hybrid Battery Replacement and Reconditioning

However…. will I even be living in BC in a year?

In a wild chain of events, we will be finding out if my husband got a job in Ottawa shortly.. At this point in our discussions, if he is offered the job he will be accepting it. My husband (Matt) is from Ottawa, and with the cost of living in BC getting more outrageous by the day, it seems like the best decision. Because of this, I will be pivoting slightly in my inquiry to look at the process of transferring insurance/license to Ontario. This will impact if my husband will drive our Jeep Cherokee to Ontario and I will order a new Rav4 Hybrid, or will I keep the jeep and he will order the new Rav4 to reduce transfer fees, etc.

New residents-https://www.ontario.ca/document/official-mto-drivers-handbook/vehicle-insurance-and-registration

Information copied and pasted from website-New Ontario residents have 30 days to register their vehicles. To get a permit and Ontario licence plates, go to a ServiceOntario centre. You must bring along:

  • A safety standards certificate
  • Proof of insurance
  • Vehicle Import Forms, if you have brought the vehicle in from another country
  • The vehicle permit, or ownership, from where you used to live

With this information, I will now look into how much it costs to have a vehicle safetied in Ontario. As well if there is a transfer tax fee, as currently, the Jeep is in my Husbands name. So it may be better if it stays in his name. My husband (Matt) would be moving to live with his parents or sister while I finish school, or when it makes the most sense to sell our house here and buy a new house in Ottawa, but that’s a whole other discussion!! It is applicable though because neither of us can be without a vehicle and with the vehicle shortage right now it takes approximately two months to get a new vehicle if you order from the factory. So in theory it makes the most sense for me to keep the Jeep in BC and for Matt to borrow a family member’s vehicle while he waits for the Rav4 to come in. OR my most recent thought is that he could borrow a family member’s vehicle, I would keep the Jeep, order the Rav4 to Victoria, and then in our school break in June, I could drive the Jeep and our dog to Ottawa as we would prefer our dog not to fly. As you can see there are many factors in this inquiry. The largest factor at the moment is that Matt has not even been interviewed for the job yet, however they reached out 3 months ago asking him if he would like the job when it was posted. The posting closes on March 10th, with the earliest start date being April 1st, so we will have answers/decisions to make in the next few weeks.

Costs to transfer Registration from BC to Ont

According to google, a safety inspection costs $60-$90. This is assuming there are no repairs needed on the vehicle. The below link gives a list of everything they check the vehicle for. https://www.ontario.ca/page/safety-standards-certificate#section-5

I have not been able to find any information on transfer tax yet. My fingers are crossed that this means you do not have to!

Hybrid Rav4

Did you watch the 30min video at the end of the last post?! Probably not and that’s okay, I will tell you all about the Rav4 Hybrid. In this post, we will analyze some websites and articles to come up with a pros and cons list for the Hybrid Rav4. (This pro/con list is based on the 2020 model)

https://www.car-buying-strategies.com/Toyota/2020-RAV4-Hybrid.html

ProsCons
Amazing Fuel Economy
Front passenger seat not comfortable?
Comfortable and Relaxing seatsBrakes feel artificial
Ample Cargo SpaceTouchscreen looks outdated
Minimal Costs to upgrade from gas
to Hybrid
Some controls are out of reach
All-wheel drive (AWD)
Great height, making it very
accessible
Cabin is Spacious
Easy to use controls

The above video gives an in-depth look into the fuel economy of the 2021 Hybrid Rav4. With the price of gas this week hitting $1.80 per liter this Hybrid is looking more appealing by the day. Finally, we are going to start researching the battery life of this hybrid engine.

I did not know what I was expecting, but I was shocked to see that a typical hybrid battery only lasts 80,000-100,000km. The article below states, “However, in 2019, the manufacturer announced that, from the 2020 model year, it was extending its hybrid battery warranty to 10 years from the date of first use, or 150,000 miles.” Next week we will dig deeper into what affects battery life, as well as how much the battery costs to replace!

https://www.kingstoyota.com/blog/2021/march/8/toyota-hybrid-battery-longevity-cincinnati-oh.htm

Buy Now or Wait?

8 months ago the dealership reached out to my dad and said they wanted to buy his truck back from him. When they told him he could get the brand new 2022 Ford Superduty for only $5,000 more than what they bought his 2018 Superduty back for it seemed like a no brainer! However 8 months later his new truck does not even have a serial number yet… Thankfully he has enough company trucks that he always has a vehicle, but most people wouldn’t be so lucky.

If you know anyone who has been thinking about buying a new vehicle the past year you have probably heard about the vehicle shortage. But why is there a shortage? And when will it end? The short answer is that no one really knows when it will end. How can one tiny microchip cause a worldwide shortage of vehicles?

An article on motortrend.com discusses the reason for the chip shortage and some potential solutions.

  • The shortage is predicted to last into 2023, however it can be partially combated if manufacturers come up with a way to use less chips, or use different ones
  • The global Auto Industry lost 210 billion dollars in sales in 2021 due to the shortage
  • In 2020 when manufacturers were forced to shut down with COVID, the supply chain of microchips got rerouted to electronics to handle the demand for more video games, etc. When the world “opened” back up, chip manufacturers were not prepared
  • There was a fire at a microchip plant in Japan. Ford mainly relied on that plant for its supply
  • Used car prices jumped 42% due to demand. Which is why new vehicles are now more affordable than used vehicles in many cases
  • https://www.motortrend.com/news/automotive-car-industry-semiconductor-chip-shortage-reasons-solution/

I was hoping that the below article would give me concrete insight on whether we should buy a vehicle now or wait. The article did tell me to wait, however it does not give a specific timeline on when it will be a buyers market again. Sounds like the real estate market in Victoria hey?

https://www.cars.com/articles/inventory-shortage-update-should-you-wait-to-buy-a-car-445723/

My husband and I currently have decided on the Toyota Rav4! The below video is long but gives a great overview on why the Rav4 is such an amazing vehicle!!

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