Aug 10, 2010

FAIL - Only 1 of 16 Hybrids Pays Back In Gas Savings

SlashDot "One of the criticisms of hybrid cars has historically been that there's no payback...but,  people don't buy hybrids for payback — they buy them to make a statement . Nevertheless, a study has now looked at the question of hybrid payback ...with surprising results. The fuel costs of 16 hybrids over five years against their purchase price and financing fees. In a study released in late July, only a single one of the 16 hybrids cost less to buy and run than its gasoline counterpart."

EPIC FAIL - "The one car that would save you money will only cost you $105,000."