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Old 11-11-2006, 09:29 AM
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Join Date: Nov 2006
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Default Car buying question: Hybrid vs. Regular?

absolutely do not get the hybrid first of all unless you drive it for 12 years you probably wont save any money. Do the math. to buy that hybrid if you financed the whole thing you are looking at about $450 a month. the gas car will run about $280. so you will spend an additional 170 a month on the Hybrid. your gas cost at $3.50 a gallon driving 1000miles a month would be $116 for a gas sedan that averages 30mpg (very doable in a small economical sedan like a civic or corolla) no if you get about 43mpg in the hybrid your cost is 81.39 a savings of about $35 a month. even if you averaged 50 miles per gallon you would only save $46 a month. thats less than 1/3 of the added cost per month of purchasing the hybrid version of the same car. that mean after you pay off the car you'll have to drive it for anouther 10 years (a total of 15) just to break even (assuming you are still driving about 1000 miles a month) so no its not cheaper to buy the hybrid. however if you were to buy a used diesel vehicle (like aVW jetta or bug TDI) at the same price ($15,000) so that your payments were the same and averaged 45MPG in the diesel at $3.90 per gallon of diesel (its more expensive than gas) your fuel cost in the diesel would be about $86 a month vs the $116 for the small sedan you would save $30 a month. that $30 savings is actual savings by the time you paid off the car in 5 years you will have actually saved $1800 where if you had bought a hybrid you would have spent an extra $7440 after you subtract the fuel savings from the added cost of the vehicle. so i recommend a gas sedan that is economical if you don't like the idea of a diesel or a diesel sedan. I would never recommend a Hybrid not only are they expensive the the nickel production actually makes them worse for the environment than a gas car. when it comes tosaving the environment they should be working on fuel cell cars and clean diesels.
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  #12 (permalink)  
Old 11-13-2006, 02:35 PM
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Join Date: Nov 2006
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Default Car buying question: Hybrid vs. Regular?

Avoid Hybrids. They are not as good as people say.Hybrid:Pros- Gas MileageTax DeductionFeeling Good After You Buy OneQuietResale ValueCons-Expensive To BuyExpensive to Fix- Every 3 Years, you need to buy a new $5000 BatterySlowLearning that you spend in regular maintenance will be more than you saved in gas
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