Autodecide

The Cost of Owning a Hybrid Vehicle is Discussed

January 3, 2009 on 6:40 pm | In Uncategorized | No Comments

Recently there have been a bunch of articles dealing with the cost of owning and operating a hybrid vehicle. Here is summary analysis done by Intellichoice… You need to be careful though — the assessment done by Intellichoice still assumes that going forward the tax rebates given by the Fed. Gov’t will continue and that the price of gasoline will continue to rise. This is not necessarily the case.
Article published by Consumer Reports also shows that most hybrids also recover the initial premium buyers have to pay on purchase of the vehicles, but the overall cost benefit is not very pronounced.
At the end of the day, we all need to consider the hybrids. It is a good choice both from the standpoint of reducing carbon emissions, and from the standpoint of driving fun — hybrids do have fast acceleration thus making them interesting to drive. Plus the growing volume of hybrid purchased will continue to drive even their initial cost down.

Here is a link to the 2008 Intellichoice Survey