Recent Prius Incident

March 10th, 2010 by Potato

I’m sure you’ve all heard it before me (since people have been telling me about it while I haven’t been watching/reading the news myself lately): a Prius in California went out of control, and the police had to issue instructions over the loudspeaker to the driver, who then managed to safely stop the car.

I (and many other Prius owners) are anxiously awaiting the full report to try to find out what really went on. I don’t want to prematurely pass judgement one way or the other (on the car or on the driver) while the facts are so thin (and a media in full-hyperbolic frenzy is not usually reliable when it comes to small details).

The biggest questions in my mind immediately were:

1. Why did he not turn the car off?

2. Why did he not put the car in neutral?

Indeed, these are two of the steps that have been widely publicized as ways to stop an out-of-control car as the Toyota recall mess has progressed. An accelerator could become stuck in any car, not just a Toyota, and drivers should know how to manage that situation! It’s possible that he had a rare problem crop up, but poor crisis management lead to it becoming national news.

Now, if he did try these basic steps, and the car didn’t obey those inputs, then we have a more serious problem on our hands. That would represent two levels of failure, and be an extreme safety concern.

Since, at the direction of the officer, he was able to shut the car down and stop, I have to initially suspect that he did not try to turn the car off or shift to neutral (or use the emergency brake?!) until after he spent several minutes on his joyride, which to me clearly indicates at least some driver-error interaction in making the whole situation worse (though a mechanical/electrical/computer problem may have initiated the cascade of failure). **And how did he stop the car eventually? By turning it off under direction of the CHP officer.

So, until a level-headed report with all these facts comes out, the take-home message: learn how to control your car in an emergency situation. CAA and Young Drivers, last I checked, offered one-off refresher lessons if you need it. Or, educate yourself: how do you turn off your car and/or shift to neutral if the throttle sticks? What happens if you do that? For most cars, there is no harm in trying, under safe conditions (i.e., no other traffic — better yet, get some friends together and rent some time on a closed track) to get up to speed, shift to neutral, and stop. Do it. Find out what happens (if anything) to your power steering and brake assist while you’re in a calm state of mind and in control of the situation. You won’t harm your car*. At the very least, look it up so you know academically.

* – probably. I wouldn’t hurt your car. But who knows what you‘ll do. ;)

If you are in this situation and want to use the brakes, apply the brakes hard and do not try to slow gradually because you will overheat the brakes and experience brake fade. Try to stop completely in one go.

One interesting twist is that the Prius (and many other newer cars) has a push-button start, rather than a conventional key-turn. That means you can’t just turn the key to turn it off, you have to push and hold the button for a few seconds if you want to power-off the car while moving (in park, you just tap the button). Now, this is the same behaviour as nearly every personal computer/cell phone/etc. on the market today. Push and hold to power off. In an interesting bit of user-interaction ergonomics, Toyota is reportedly considering adding “rapidly tapping the button” as a method to turn off the car, since that’s what people may attempt in a crisis.

Update: Someone posted a link to the 911 call at http://10newsblogs.com/audio/prius-911call.mp3 — the 911 operator does instruct him many times to shift to neutral and how to turn the car off, and he doesn’t respond. In fact, most of the call consists of her telling him to shift to neutral, and he just swears and tells her landmarks he’s passing. Don’t know yet if he didn’t hear her, if he tried and it didn’t work… but people are starting to suspect that he’s a hoax. Now I really can’t wait for a real report on the whole thing…

Budget 2010

March 5th, 2010 by Potato

There weren’t too many surprises in this federal budget, which coming from these clowns is a surprise in itself.

There was a provision for some money to create some attractive post-doctoral positions across Canada. At $70k each, these are decent grants (roughly double the typical post-doc salary)… but with only 140 country-wide, this isn’t going to hit very many people (i.e.: I probably won’t get one).

Of course, the large text giveth, and the small text taketh away. The budget also removed a loophole for some post-docs to get paid tax-free: scholarship income is now only tax-free for “real” students. I don’t know of any at Western that were getting paid this way, but presumably it happens.

CWI

March 2nd, 2010 by Potato

I sold all my Consumers’ Waterheater (CWI.UN) this morning. Their results came out yesterday, and they did not look very good: attrition rate was higher than I had hoped/forecast, along with some other disappointments in the restart of their submetering business. But there were two big things that made me lose confidence in the stock.

The first was pure numbers: their payout ratio for the last quarter was 86%. They had cut the distribution in half a few months ago, and that was supposed to bring the payout ratio down to <70% (i.e.: a level that would be sustainable after the 2011 Harper/Flaherty tax came into effect). Yet despite the vastly reduced payout in effect for the whole quarter, their payout was still so high as to suggest another potential cut in the future if things didn’t start improving.

The second was the conference call. Right at the end they talk about how their competitors (who were already playing dirty with tactics to skirt rules that are supposed to allow consumers to back out of agreements from door-to-door salespeople) were stripping the CWI tanks of valuable components during the switchovers, and CWI hadn’t done anything about it yet. They had the wording in the contract to charge the customers for the damage, but haven’t been.

On the one hand, I can understand that: I’d probably fight a charge for damage to a tank, and it is a little scummy to try to grab some cash from a customer on their way out the door. On the other hand, these are customers that they’ve lost anyway, and their tanks are damaged beyond reasonable wear and tear. Something should have been done — if it is indeed their competitors stripping components as they allege, then there should be a lawsuit in the works. Why is management dragging their feet on this?

My dad put it well: the management at CWI aren’t operations types. They’ve handed off the day-to-day stuff to Direct Energy, and have been caught flat-footed in the face of an extremely aggressive set of competitors.

So for now, I’m out.

Good-bye to the Accord

February 26th, 2010 by Potato

Later today I’ll be driving the ’97 Accord for the last time. All things considered, it has been a pretty good car: fun to drive, well-equipped, and reliable.

I found the original purchase agreement in the owner’s booklet: we bought it in January of 2000 (just over 10 years!) for $19k. We’ve put on 165k km in that time (I didn’t think the original owner did that much driving in the first 3 years — I always thought I drove closer to 20 Mm/yr!) and had roughly $8k in repairs. Maintenance is a bit tougher to estimate, but is probably somewhere around $5k. I’m getting ~$1k back as the trade-in, for a vehicle cost of $0.188/km. I don’t have fuel consumption records going all the way back to 2000, but in the last few years I’ve averaged 9.6 L/100 km overall, which at $1/L would cost $0.096/km, for a total cost of just under thirty cents per kilometre. There’s insurance, too, of course, and I’m sure my estimates here are probably missing some other costs since my record-keeping hasn’t been great.

Nonetheless, a bit of an eye-opener to the full costs of driving a car. I used to scoff at taking the train since it was $96 for a trip that only cost $32 in gas by car, but of course gas is only a fraction of the costs of driving!

Then again, the marginal cost of driving (gas, wear-and-tear) is actually fairly small, so that might not be the most appropriate accounting method. If I look at it as paying $30k (plus insurance yearly) for the privilege and freedom of being able to drive a car when and where I want, then the cost per trip is pretty low. And that’s how it works, too: once you have the car, it’s easy to use it for little trips to the store or to a friend’s house for a game of Settlers of Cataan or whatever. I’m sure it would probably be cheaper to not own a car and just use an autosharing service (or ick, a cab) for those trips that public transit and cycling won’t suit… but they have high marginal costs, which would make me not want to do them and so feel trapped (like, I wouldn’t pay $20 in cab fare to go to the grocery store and fill the trunk with stuff on sale).

Anyhow, I’m getting side-tracked. The point is that this was my first “real” car — the Prius will be my first new car, and the ’87 BMW was my first-ever car, but the Accord was the first car that was all mine (repairs and all), and not a family car that I was the primary driver on. It was the car I drove on my first date, the car we took out to PEI several times, the car that took us to our honeymoon, and the car that crawled through a freak snowstorm to bring my kitty (and me) out to London.

But now it’s an old car. The repairs are starting to mount. And the Toyota recall gives me a good entry point to drive the car of the future today. So it’s time to move on.

Against all reason though, I’m going to miss it.

The old Accord on PEI with the sunset it'll drive off into

Prius

February 23rd, 2010 by Potato

I visited my Prius today. I didn’t get to take it home with me — they want me to pay first, which is kind of crazy in this world of credit, but who am I to argue with the man. It’s a winter grey with dark grey interior. I didn’t sit inside to check for myself, but the paperwork says that there are 211 km on it — a bit more than I’d expect a new car to have, but not enough that I’m concerned it was a demo and that I would try to renegotiate the deal.

This is probably a good time to review all that’s happened up to this point.

The Car Search: I must have had the longest car search process ever. Back in 2006 my car was stolen and recovered (and yes, I did disclose that to the dealer about the trade-in), and I started looking for a new one. Even though it felt icky after being stolen, I came to the decision to keep the Accord, since it was still a reliable source of transportation. That didn’t stop me from looking though: I looked at the Accord, Civic, Civic Hybrid, Matrix, and Prius. After much research I decided that a hybrid made a lot of sense in a world of rising gas prices (and I made many spreadsheets to back that up). Moreover, they offered a number of environmental benefits, so as long as the financial side was at least a wash, I was all for it. Plus, I didn’t know what my future driving cycle would be: if I had to do a commute through Toronto rush-hour traffic, a hybrid system would more than pay for itself. As a car, the civic hybrid (and later the Camry/Fusion hybrids) were eliminated due to trunk space issues. The Prius, being a hatchback (and a purpose-designed hybrid with the batteries in the floor) didn’t share that problem, and looked a lot better than the Civic on a number of spatial and amenity fronts, and even compared fairly favourably with the Accord. I did think it was bull-dog ugly at first. It’s grown on me, especially as the aerodynamic shape gets copied by more manufacturers… but it’s definitely “quirky” in the looks department. Even inside, the high-mounted information display (which I like for its functionality) just looks somehow wrong.

I also did a lot of research into the many, many myths, misconceptions, and other bizarre ideas that are out there about hybrids. And there were a lot — I’ve covered many of them in past posts. I had my dad counselling me not to get a hybrid, because the technology is still “too new” — in 2006 he said to wait a few more years for more data; now it’s 2010 and that’s still his line. At this point I know that there are still unknown factors out there, but I think that things look good enough to take the plunge.

The Wait: Then came three and a half years of further research, discussion, and spreadsheeting. The Accord had it’s share of old car repairs to make, and each time I had to wonder when it would be time to give it up. After a wheel bearing needed to be replaced this fall I figured that this winter would be its last (since wheel bearings are expensive and there were 3 more in there that might be nearing the end of their lives). A few weeks ago there was the recall mess at Toyota, and I thought it was an opportunity to get a deal on a car they don’t normally negotiate too hard on.

The recall doesn’t phase me: I think this can only lead to a safer car in the long run. Toyota is under the spotlight now and they will have to make these issues right. Any car could have a hidden major defect, and I don’t really see it as being an area of concern after it’s been found out and a fix on the way.

The Buying Process: I went to Car Cost Canada and got the invoice price report for the Prius. CCC had a recommended dealer here in London, Tim Felsky of Toyota Town. Since I know I’m not terribly good at in-person negotiations, but am good at having a sense of fairness and at working numbers, I added in a reasonable profit margin to the CCC invoice price, and sent it to Tim. He was able to work with it, and I went in to put down a deposit. It was just that easy. I probably could have gotten a better deal by negotiating harder, or even waiting a day or two (the Toyota gas pedal recall spread to the Prius braking system the day after I left my deposit) — indeed, some people at PriusChat were reporting getting below invoice in the US, and one friend said I should have squeezed them right down to invoice price, since they still make some money at that point, and there weren’t any other customers around! Nonetheless, I got a better deal than I figured I would be able to get before the recall, or if I had waited until later in the summer (or for the 2011 release to avoid the first model year).

So far, the nastiest part of the buying process has been shopping for insurance quotes. A lot of insurers want the day I got my G1, G2, and G licenses. I actually do remember the day I got my G1 way back in 1995 (four days after my birthday), but can barely remember what year I got my full G in. I don’t even know where to go to look that stuff up.

I’m also shopping for a set of winter tires for it. Since February is almost over, I may not even put them on now, but if I can get a good deal as winter comes to a close I’ll take it and store the tires through the summer.