SG saysThe 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.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra