Long-Term Value of Hybrids vs. Conventional Cars
Recent article in Car & Driver:
Hybrid Cars Top Conventional Models in Long Term Value - Daily Auto Insider The Daily Auto Insider Tuesday, January 9, 2007 January 2007 Hybrid buyers are the winners over owners of regular models when you factor in costs of financing, fuel, insurance, state taxes and license fees, repairs, maintenance and depreciation, the Los Angeles Times reported, citing a new study by Los Angeles-based Intellichoice.com, which specializes in automotive cost-of-ownership data. "Across the board, we found that all 22 hybrid vehicles have a better total cost of ownership over five years or 70,000 miles than the vehicles they directly compete against," said James Bell, Intellichoice.com's publisher. For example, the study concluded that a Prius owner over five years will save $13,408 over a similar-size sedan that is not a hybrid. The reasons for the difference, the study says, are: hybrids retain their value better than conventional vehicles, have moderate maintenance and repair costs and, of course, lower fuel costs. Hybrids also benefit from federal tax credits, which this year can range from $250 to $1,950 but were as high as $3,150 in 2006. The study based its gasoline prices on last year's average national gas price of $2.26 a gallon. http://www.caranddriver.com/dailyaut...erm-value.html |
exactly.. hybrids r not as expensive as people think they are.. mine was ~$1000 more than RX350.. and i think i recouped the $1000 a long time ago~
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400h safety
Can anyone tell me if hybrids are safe in major crashes; i.e. 1. electrical surge within the vehicle that will make it dangerous for rescuers to cut the doors open, 2. toxic fume generated by burning battery, 3. electromagnetic field safety profile.
J |
Originally Posted by joedaddy1
(Post 2534735)
exactly.. hybrids r not as expensive as people think they are.. mine was ~$1000 more than RX350.. and i think i recouped the $1000 a long time ago~
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According to Road & Track, the brakes pads will more than likely last for the life of the powertrain since most of the braking done is regenerative.
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