No. of Recommendations: 1
SG says

The math just doesn't work yet for hybrids.

If you have enough money to be noble and contribute it to save the environment, then a hybrid works for you. If you want to actually benefit financially, then you have to assume that you will drive your hybrid for a very large number of miles (about 200,000), that gas will be very expensive (well over $5.00 per gallons), that hybrid maintenance is not significantly higher than maintenance for traditional vehicles, that your hybrid trade-in value is astronomical, or some combination of the above.

My family plans to a hybrid, maybe two in the next couple of years. I don't doubt for a second that gas will go well over $5.00/gal during the lifetime of those cars; we always put a ton of miles on our cars; I've never seen any evidence that hybrid maintenance is significantly higher than conventional; and trade-in value isn't likely to be that high but that's because we try to keep cars for 15 years or so.

Where the math really doesn't work is for the great majority of conventional gasoline-powered cars.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.