Want a Hybrid Car? The Time is Now
#1
05-08-2007, 09:50 PM
Want a Hybrid Car? The Time is Now
If you've been toying with the idea of buying a hybrid car, the cost equation is tilting in your favor. Until recently buying a hybrid meant you were willing to shell out for a pricier car because you believe in helping the environment or because you like to own the latest high-tech gadget. Auto-research firms found it could take up to 15 years, depending on the model, of gas-pump savings to offset hybrids' higher sticker price.
But now it's taking less time to break even, thanks to carmakers' new deals on hybrids. Right now, the average incentive for all hybrid models is about $1,638, according to Edmunds.com.
But now it's taking less time to break even, thanks to carmakers' new deals on hybrids. Right now, the average incentive for all hybrid models is about $1,638, according to Edmunds.com.
#2
05-09-2007, 03:20 AM
Re: Want a Hybrid Car? The Time is Now
. . . Until recently buying a hybrid meant you were willing to shell out for a pricier car because you believe in helping the environment or because you like to own the latest high-tech gadget. . . .
Given the $3/gal gas and Toyota's manufacturing coming online, the payback argument joined the proverbial "dead horse." Last year, a couple of engineers commented that I'd made the right decision after they'd bought over sized pickups . . . their commuting vehicles.
Bob Wilson
Last edited by bwilson4web; 05-09-2007 at 03:23 AM.
#3
05-16-2007, 06:26 AM
Re: Want a Hybrid Car? The Time is Now
Most comments also forget the tax credit you receive as well. So with the Tax credit and the savings on the gas due to the better mileage you will get also lowers the payback time.
#4
05-18-2007, 06:06 PM
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Re: Want a Hybrid Car? The Time is Now
Good overall article but lacking the usual.
It doesn't mention the savings potential of some of the hybrids if one should choose to drive more economically. That is one big advantage the hybrid has over its conventional cousins.
For example the Civic hybrid is only good for 42MPG ... maybe 48 or 49 max ... Right? (Rolling my eyes)
It doesn't mention the savings potential of some of the hybrids if one should choose to drive more economically. That is one big advantage the hybrid has over its conventional cousins.
For example the Civic hybrid is only good for 42MPG ... maybe 48 or 49 max ... Right? (Rolling my eyes)
Last edited by Hot_Georgia_2004; 05-18-2007 at 06:16 PM.
#5
05-19-2007, 06:54 AM
Re: Want a Hybrid Car? The Time is Now
With all the Oil Wars going on, I think the time is soon where Americans will say "Remember when gasoline as ONLY $3/gallon?" Bob Lutz will probably still say that hybrids are niche vehicles even when gasoline hits $5/gallon by the middle of summer.
Hybrids make sense at $2/gallon, $3/gallon, or any $/gallon because they use less of a product that cannot be replaced.
Or, to put it another way, oil is also used for plastics. Think how fast civilization would descend into the Dark Ages if fabrication of plastics was no longer possible.
Hybrids make sense at $2/gallon, $3/gallon, or any $/gallon because they use less of a product that cannot be replaced.
Or, to put it another way, oil is also used for plastics. Think how fast civilization would descend into the Dark Ages if fabrication of plastics was no longer possible.
Last edited by AshenGrey; 05-19-2007 at 06:56 AM.
#6
05-30-2007, 10:09 AM
Re: Want a Hybrid Car? The Time is Now
With all the Oil Wars going on, I think the time is soon where Americans will say "Remember when gasoline as ONLY $3/gallon?" Bob Lutz will probably still say that hybrids are niche vehicles even when gasoline hits $5/gallon by the middle of summer.
Hybrids make sense at $2/gallon, $3/gallon, or any $/gallon because they use less of a product that cannot be replaced.
Or, to put it another way, oil is also used for plastics. Think how fast civilization would descend into the Dark Ages if fabrication of plastics was no longer possible.
Hybrids make sense at $2/gallon, $3/gallon, or any $/gallon because they use less of a product that cannot be replaced.
Or, to put it another way, oil is also used for plastics. Think how fast civilization would descend into the Dark Ages if fabrication of plastics was no longer possible.
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