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Some Hybrid Vehicles Becoming Sensible Purchases


August 2006
 Filed under: HYBRID TECHNOLOGY Car News | HYBRID TECHNOLOGY Headlines

- Study indicates that the higher purchase price is completely recovered for the Ford Escape Hybrid and Toyota Prius within three years of ownership
- Buyers of the Honda Civic Hybrid, Saturn VUE Green Line and Toyota Camry Hybrid reach break-even within six years of ownership

SANTA MONICA, Calif. — August 22, 2006 — Edmunds.com latest hybrid study shows that despite higher sales prices, purchasing some — though not all — of today's hybrids can make good financial sense.
For the latest installment of its Fuel Economy Guide, Edmunds.com compared the sales prices and annual gas expenses of hybrid vehicles and their non-hybrid counterparts.

"Our study revealed that high gas prices and generous tax credits now offset the high sales prices of some hybrids, assuming owners keep their hybrids for a few years," said Alex Rosten, Manager of Pricing and Market Analysis for Edmunds.com.

Edmunds.com's study indicates that the higher purchase price is completely recovered for the Ford Escape Hybrid and Toyota Prius within three years of ownership, while buyers of the Honda Civic Hybrid, Saturn VUE Green Line and Toyota Camry Hybrid reach break-even within six years of ownership, in each case assuming the vehicle is driven 15,000 miles per year.

Below is information on the best- and worst-performing hybrid vehicles in the study.




Vehicle

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