The Motley Fool Discussion Boards
Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: Could I Have an "Attaboy!"||Date: 6/13/2013 8:41 AM|
|Author: 2gifts||Number: 307090 of 308021|
I have mixed feeling about buying a used hybrid. The battery technology is improving. The cost of replacing batteries is decreasing, but probably will remain higher for older models.
And this is why I will not buy another hybrid. We had a Civic Hybrid that we bought used with 132k miles on it. I put another 70k miles on it, but the hybrid battery needed to be replaced, and the notification on that was the 'check engine' light was on. With that light on, a vehicle automatically fails inspection in MA even though it has nothing to do with safety or any of the things that are checked as part of the inspection.
I would have continued to drive that car even if it was 100% gas-driven, but I couldn't pass inspection, and it was not worthwhile for me to spend $3k on a car with 209k miles that I really only needed to be driving for another year and a half. I could have gotten the inspection requirement waived for one year before having to get it fixed, but that wasn't enough time for me, so we ended up buying another gas-driven Civic, but I wouldn't even consider a hybrid at this point given how many miles I drive, and how long I like to keep a car.
The current Civic will be 2 years old on July 30, and I have 50,600 miles on it at this point. The plan is that I will keep this car for about 8-10 years, as we normally do, and at least 200k miles.
But even at that usage, it really doesn't pay to have the hybrid, particularly as the battery would most likely need to be replaced. From my perspective, though, buying a hybrid is much more of an environmentally-conscious decision than an economic one as I can't get the numbers to work, even for the mileage that I put on a car.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|