Hybrids may save you more money than you think - Toyota Prius Forum : Toyota Prius Forums
 
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post #1 of 5 Old 06-08-2012, 12:23 PM Thread Starter
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Default Hybrids may save you more money than you think

(MoneyWatch) The people who publish the official EPA ratings of gas mileage say that hybrids often don't get enough credit for the money they save vs. competing gas-only cars. To rectify that, they have set up a new hybrid savings calculator at the government's official fuel economy web site, fueleconomy.gov.

"Some stories compare hybrids, which are often equipped with more standard features, with base model gasoline vehicles, which may not be as well-equipped," say officials at the Oak Ridge National Laboratory, which manages the fuel economy web site. Making apples-to-apples comparisons, they come up with six hybrids where fuel savings pay off the higher initial cost in three years or less.

Two hybrids, the Lincoln MKZ and the Buick LaCrosse, are priced exactly the same as their gasoline counterparts, so they start saving you money on gas immediately. And with a combined city/highway rating of 39 MPG, the Lincoln hybrid would save its owner $1,230 a year with gas at $3.75 a gallon, the Oak Ridge specialists estimate.

However, even with this narrative, the government scientists seem to be undermining the best-known hybrid, the Toyota Prius, with a tricky comparison. On the government web site, the Prius is compared with the small-car Toyota Matrix hatchback, which has a list selling price that is $4,315 lower than the Prius. Thus even with the 50 MPG combined rating of the Prius, the payback period for gas savings is 4.7 years.

A better comparison would be with the mid-size Toyota Camry, even though the Camry has its own hybrid version. U.S. News, which ranks cars within a category after compiling reviews from the motor press, puts the Prius in the mid-size sedan category along with Camry, Honda Accord and Ford Fusion.

In that scenario, a well-equipped Prius with navigation and other amenities has a list price of $28,050, or $1,960 more than a gas-only Camry XLE. With the 50 MPG combined of the Prius vs. 28 for the Camry, the payback period would be only 2.2 years for an owner driving 15,000 miles a year.

Hybrids may save you more money than you think - CBS News
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post #2 of 5 Old 06-21-2012, 08:22 AM
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Yes i totally agree that hybrid cars save money as hybrid engine uses excess energy produced by the gasoline engine to charge an internal battery. Whenever possible, the hybrid car uses the electrical energy stored in the battery to run the engine. The unused energy produced by an idling conventional engine is wasted, whereas a hybrid car stores that energy for later use. This means that hybrid cars get more miles per gallon than conventional gasoline cars.


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post #3 of 5 Old 06-21-2013, 05:38 AM
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In my opinion hybrids are so much better than electric cars at the moment. They are cheaper to buy and can save you so much on running costs. The original price tags for hybrids gives the car the upper hand


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post #4 of 5 Old 06-25-2013, 12:57 AM
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There is no doubt that hybrid cars not only saving your money and also environment friendly so the new gasoline electric engine will begin new generations of vehicles. I will buy in future hybrid cars.


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post #5 of 5 Old 07-07-2013, 02:56 AM
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Quote:
Originally Posted by caroll View Post
In my opinion hybrids are so much better than electric cars at the moment. They are cheaper to buy and can save you so much on running costs. The original price tags for hybrids gives the car the upper hand
Hybrids or Electric plug ins are not the way to go. Turbo Diesel technology is showing more and more efficiency than Hybrids as well as being more reliable and tough when compared to their electric counter parts. Even the most iconic and successful European manufactures such as Mercedes, Audi, and VW are continuing to expand their diesel options and invest more into the market dramatically increasing these diesels performance. I think the Automotive world is in for a big change once they see the capability of these next generation Turbo Diesels.


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