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Does Buying a Hybrid Car Make Cents?

DOES BUYING A HYBRID CAR MAKE CENTS? ROUGHLY 435,000 HYBRID CARS WERE SOLD IN THE UNITED STATES IN 2012 IT'S A GROWING TREND, BUT DO HYBRID CARS SAVE YOU MONEY OR COST MORE THANA TRADITIONAL = 50,000 HYBRID CARS VEHICLE IN THE LONG RUN? HYBRID VEHICLES ELECTRIC MOTORS ARE VERY PLUG-IN HYBRIDS HAVE COMBINE THE USE OF EFFICIENT, BUT MAY ONLY AN EVEN SMALLER BOTH GASOLINE ENGINES HAVE A 50-100 MILE RANGE RANGE AND ELECTRICITY BEFORE NEEDING A RECHARGE HYBRIDS GET BETTER GAS MILEAGE AND WILL REDUCE TRIPS TO THE STATION, BUT DOES THE ? BETTER GAS MILEAGE JUSTIFY THE HIGHER PRICE OF THE VEHICLE AND SAVE LET'S COMPARE: 2012 2012 HONDA CIVIC HONDA CIVIC SVS: SEDAN HYBRID $15,995 COST $24200 AVG r 28 MPG CITY 44 MPG 33 1 39 MPG HIGHWAY 44 MPG THE AVERAGE MILES DRIVEN IS 15,000 A YEAR IF WE CALCULATE GAS AT $4 A GALLON. HONDA CIVIC SEDAN DRIVER SPENT HONDA CIVIC HYBRID DRIVER SPENT $1,818.00 $1,363.00 ON GAS IN ONE YEAR ON GAS IN ONE YEAR $455.00 SAVED N 1 YEAR FOR OWNING A HYBRID $1818.00 - $136300 = BUT WAIT.. THE HYBRID COST $8,205.00 MORE THIS MEANS IT WLL TAKE 18 YEARS TO RECOUP THE EXTRA COST OF THE HYBRID FOR WHAT YOU SAVE IN GAS MONEY EACH YEAR. TAX INCENTIVES USA IN THE GOOD OL' DAYS, YOU COULD RECEIVE A TAX CREDIT UP TO $3.40000 WHEN YOU PURCHASED A HYBRID. BUT AS MANUFACTURERS SOLD MORE, THAT WAS PHASED OUT. HYBRIDS PURCHASED AFTER DEC. 31 2010 ARE NO LONGER ELIGIBLE FOR THE CREDIT. PLUG-INS UNLIKE TRADITIONAL HYBRIDS, PLUG-INS ONLY USE GAS WHEN THE BATTERIES RUN OUT OF CHARGE. THEY CAN GO ABOUT 40 MILES USING A FULL BATTERY. PLUG-IN HYBRIDS ARE CONSIDER THE STILL ELIGIBLE FOR A TAX 2012 CHEVY VOLT: CREDIT UP TO $7,500.00, BUT THEIR COST IS MUCH PRICE: $39,145.00 TAX INCENTIVE: -$7,500.00 HIGHER AS WELL TOTAL COST: $31,645.00 (STLL DOUBLE REGULAR SEDAN PRICE) THE BOTTOM LINE IT CAN BE HARD TO JUSTIFY THE HIGH PRICE OF A HYBRID WHEN LOOKING AT THE MATH. AS PRICES CONTINUE TO COME DOWN IT WILL BE MORE COST EFFECTIVE TO OWN A HYBRID VEHICLE. BUT HYBRIDS DO PRODUCE 23% LESS POLLUTION. WHAT IS A HEALTHY EARTH WORTH TO YOU? AutoPawn SOURCES HTTP://WwW.EVSROLL.COM/HYBRID CAR STATISTICS.HTML HTTP://WwW.INVESTOPEDIA.COM/FINANCIAL-EDCE/0412/ARE-HYBRID-VEHICLES-WORTH-THE-EXTRA-COST.ASPX autopawn.com HTTP://Www.CONSUMERREPORTS.ORG/CAO/2012/01/HYBRIDS-DIESELS-DO-THEY-SAVE-MONEY/INDEX.HTM

Does Buying a Hybrid Car Make Cents?

shared by CamilleMitchell on May 12
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Below we tell a tale of two cars. The Hybrid Vs. the Non-Hybrid. Which one ends up making the most cents to buy? Read our infographic to find out.

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AutoPawn

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Transportation
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