| Just One Out of 16 Hybrids Pays Back In Gas Savings |
| from the it's-not-easy-being-green dept. |
| posted by Soulskill on Monday August 09, @16:19 (Transportation) |
| https://tech.slashdot.org/story/10/08/09/1943256/Just-One-Out-of-16-Hybrids-Pays-Back-In-Ga|
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thecarchik writes with this snippet from GreenCarReports: "One of the
criticisms of hybrid cars has historically been that there's no payback,
especially given the cheap gasoline prices in the US. The extra money you
spend on a hybrid isn't returned in gas savings, say critics. Well, that
may be true, especially when regular gasoline is averaging $2.77 a gallon
this week. But as we often point out, most people don't buy hybrids for
payback â€" they buy them to [0]make a statement about wanting to drive
green. Nevertheless, a Canadian study has now [1]looked at the question
of hybrid payback in a country whose gasoline is more expensive than ours
(roughly $3.70 per gallon this week), with surprising results. The
British Columbia Automobile Association projected the fuel costs of 16
hybrids over five years against their purchase price and financing fees.
In a study released in late July, [2]only a single one of the 16 hybrids
cost less to buy and run than its gasoline counterpart." The one car that
would save you money, according the study, is the Mercedes S400 Hybrid
sedan â€" and it will only cost you $105,000.
Discuss this story at:
http://tech.slashdot.org/comments.pl?sid=10/08/09/1943256
Links:
0. http://www.greencarreports.com/blog/1044525_buying-a-green-car-its-all-about-being-seen-being-green
1. http://www.bcaa.com/wps/portal/BCAA/newsroom/news_releases/2010_news?rdePathInfo=xchg/bcaa-com/hs.xsl/11343.htm
2. http://www.greencarreports.com/blog/1048101_only-one-hybrid-car-pays-back-its-owners-know-which-one
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