Hybrid owners may be spending less for gas, two recent studies show, but they're almost certainly also paying thousands more to the car companies for the privilege.
Studies by the British Columbia Automobile Association (BCAA) and Edmunds.com in the U.S. make it clear that it's very hard for hybrid owners to recover the premiums car companies charge for their vehicles under the present economic conditions.
Essentially, hybrids don't save enough fuel at current gas prices to recover their extra cost, unless they're driven two-to-three times farther every year than the current average, but then that would increase the likelihood of service or maintenance work which would add more costs.
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Hmm, I don't know if I should be happy or annoyed. Annoyed because it's another one of *those* studies, happy because technically, they're telling the true. If you look purely on fuel, duh, it won't. But take into account the overall maintenance and other intangible things like the cool factor, it'll make sense.
Frankly, I would've thought a Solara SLE V6 or TSX have higher fuel-only costs seeing that the Solara is a V6 and the TSX uses premium. Both cars are within range of what I paid for my Prius. Go figure.
Hybrids will not likely save buyers money, studies show
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Tideland Prius, Jun 14, 2005.
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Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Tideland Prius, Jun 14, 2005.
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