Which theory is more plausible? (user search)
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  Which theory is more plausible? (search mode)
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Author Topic: Which theory is more plausible?  (Read 3637 times)
Small Business Owner of Any Repute
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« on: July 24, 2007, 12:17:41 PM »

And no, hybrids don't save money, not for 90% of people (the extra cost isn't outweighed by gas savings for years of normal use - which is why it MIGHT be advantageous to taxicab drivers, who drive a lot in urban areas where hybrids get the biggest savings).

Wrong.

A civic hybrid costs you about $4,000 more than a similarly equipped gasoline-engine Civic.

Federal tax credit on a 2006 Honda Civic: $2,100.  And that's a credit, not deduction.  We've already cut the cost of owning a hybrid to $1,900 over the alternative.

How long does it take you to make up that $1,900?

Well, a hybrid gets about ten miles more per gallon than the standard Civic (assuming 50/50 highway-to-city driving).  You only need about 125,000 miles at $3 a gallon to make that up, even fewer if you're living in a place like California where $4 a gallon is more the norm.  (You only need 100k miles to make it up then.)
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