How many miles does it take for a hybrid car to recoup the extra cost?

With gas prices so high, this keeps on changing, but what are current estimates on how many miles it takes to recoup the extra cost of a hybrid over a similar non - hybrid model?

Responses:

Miles? In an abc news local broadcast from Kansas City MO they offered a link to calculate that and a $25, 000 was going to take 151 months to recoupe the gas at $4. 00 a galon. Now by miles ? They offered a calculator for the car you wanted to buy. Here is one for example:. edmunds.com / advice / fueleconomy / articles / 116513 / article.html
there are not enough miles if your upside down in your trade !
There are a lot of variables such as how much one drives, and what type of traffic you are normally driving in that affect any chance of payback on the current hybrids. Even with higher gas prices, the balance is not nearly what one thinks it might / should be
Depends on what you mean by "extra" cost. If you are not planning to buy a new car, buying one just to get a hybrid means the entire cost is extra. If your planning to buy a similar vehicle, the "extra" cost is actually pretty minimal. Especially when you factor in tax incentives for the year that you buy the car. If you drive two thousand miles a month the comparison to a brand new Honda Civic will leave you with a little more than an extra $136 dollars a month. About $1600 a year. As mentioned above the batteries do wear out, so when you have saved more than $13, 000, you will have to do some spendy repair work. Keep in mind that those batteries, like any technology, will be a fraction of the cost eight years down the road. Not to mention that few people keep a car that long. Now, like I mentioned, there is the tax incentives. The federal government gives you a credit for the purchase of a new hybrid vehicle. Starting next year, and for two years, WA state will not be charging sales tax on them. You have managed to save several thousand dollars more there. Now, realistically, you're not going to be lining your pockets with cash by buying a hybrid at a savings of about 6. 8 a mile. But, to specifically answer your question, decide how much, if any, more you're paying for that car than your next choice and divide the price difference by. 0068. Realistically, I think you will be surprised by how little the difference is to buy them in the first place. My figures are based on 2008 Honda Civic non - hybrid getting 30 mpg, yes, I know some get more. And on 2008 Toyota Prius getting 55 mpg, yes, I know some get less
The thing about hybrid is this. Yes you save a TON of money on gas, however I think every 8 years or so you have to replace the battery, which is thousands of dollars. So you're savings are almost completely canceled out. It is better for the environment though

Tags: managed, estimates, extra, advice, entire

Follow this dicussion..

Related Images:

Knowledge Base

I need help with obtaining a loan, but have bad credit where can I find a lender?

for a motgage, you will get one, but the rate will depend on your credit score. as far as a car. get bad credit loans from some lenders quickly and easily. before you apply for a. go to badcreditresources.com. thy a list of lenders that provides loans to people wit (cheap car)

Is there a website to compare car insurance?

i am looking to find new car insurance. i was gonna go with usaa but they are a lil expencive. i want good insurance with a good price. is there a website where i can go to see information about their prices and services. i do not want to pay (car insurance company)

how to get a rental car at the las vegas airport?

does the airport have rental agencies on site or offsite or do you shutttle or take a taxi. i want a car. i am sure vegas has rental places right there at the airport so do not worry. there are all the major agencies at mccarron airport, but if you (cheap car)

Related Images:

Knowledge Base: Car

NEW cAR?

i need to get a new car for arouns 15 - 16k any suggestions also car is gonna be used for car pull about four p engers. the car has to be good in the snow and go up mountains, . help?. Â£s or $s ? a land rover does (sports car)

ChEaP CaR?

i need to get my first car! = = i just learned to drive and im getting my licence in about a month. where can i get a cheap, but still ok car. nothing fancy. it just has to get me places. and not make any wierd noices. that would (hybrid car)

cheap car ?

i need a cheap reliable car still with mot on it where can i find one in north east please help. local paper, deals on wheels, check out the local paper stations out side of conv. stores, resturants, and such. yahoo car search works with the right input. use a (hybrid car)

New Car. ?

what is the cheapest car you can think of that has good gas mileage? a friend of mine just got a brand new car for $13, 000 doesnt look like a cheap car, its an '06, and gets 30 some odd miles to the gallon. what are cars that are (hybrid car)

NEW CAR! ?

hey, i p ed my driving test about 6 months ago, and drove a corsa sxi for about 3 months, before going to university. i now require a car again, but to get insured on the corsa is 2k for my age and lack of experience and the engine and (car)

Related Images:

Knowledge Base: Hybrid Car

Hybrid Car?

which is a better hybrid car, the toyota prius or saturn aura. also, do you reccomend any other good hybridd 25k or less?. it depends on what you consider "better". the prius will get better fuell economy, but the aura will have more room. the prius is a toyota and (hybrid car)

Why not a turbine powered hybrid car similar to an aircraft APU?

ok so with all of the inefficiencies of the reciprocating internal combustion engine why don?t they make a hybrid car powered by a small centrifugal turbine that would work like an aircraft apu. the car would have an all electric drive system and the turbine would produce electricity for the (hybrid car)

What are the advantages and disadvantages of owning a hybrid car?

pros and cons when owning a hybrid car. is it worth buying one?. uming you can afford the added expense of buying one, your gas expense will be less and you may help the environment until you have to dispose of the ton of lead acid batteries! make sure you (hybrid car)

what is the best hybrid vehicle?

that depends on what you mean by best, best looking, most fuel effiecient, best in sales, and what type of vehicle etc. best hybrid car, hatchback:. the prius. any thing from toyota is the best. the are the safest, most long lasting motor company in the us. so look in (hybrid car)

what is the most eco - friendly hybrid car?

by "eco - friendly", i ume you're looking at both fuel economy as well as emissions from the vehicle. in trying to find the answer for this question, i saw that the epa has an. by "eco - friendly", i ume you're looking at both fuel economy as well as (hybrid car)