The argument for Hybrids
In one of the Wired.com Blogs, John Gartner discusses how the debate about the money saved by purchasing a hybrid vehicle has been taking the wrong approach. This just further emphasizes the point that more people should switch to these more fuel-efficient vehicles.
I’m glad to see that there is such demand for hybrids, though, and seeing that the demand for the Toyota Prius is far above the supply that Toyota has been able to produce. The waiting list for these schnazzy vehicles is approximately six months, from what I’ve heard, and the tax reduction (no deduction) on top of the fuel-efficiency is only icing on the cake.
Edmunds say the Honda Civic Hybrid takes 6.1 years to pay back the cost over a standard Civic. So comparing it to the already fuel efficient standard Civic doesn’t look like a great deal. (I’ll keep my Civic Hybrid for at least 6 years, so I’m not upset)…
…Using Edmunds’ formula as best I could, the Prius pays back the extra cost in less than a year and a half when compared to the Dodge Stratus. The Honda Civic Hybrid takes less than 4 years to pay back the cost over a Chevy Cobalt. And the numbers for the Escape Hybrid look even better when you compare them to your average SUV.
Read the full article from Autopia
