
01-08-2007, 11:32 PM
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Engineering first
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Real Name: Bob
Location: Huntsville, AL
Hybrids: Prius Classic 03
Posts: 5,028
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Hybrid autos save money in long run, study finds
http://www.latimes.com/business/la-f...iewed-homepage
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Originally Posted by latimes
Hybrid autos save money in long run, study finds
By John O'Dell, Times Staff Writer
January 8, 2007
Hybrid vehicles are proof of the old saw that you've got to spend money to save it, a new study shows.
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But a new study by Los Angeles-based Intellichoice.com, which specializes in automotive cost-of-ownership data, says that hybrid buyers are still the winners when you factor in costs of financing, fuel, insurance, state taxes and license fees, repairs, maintenance and depreciation.
"Across the board, we found that all 22 hybrid vehicles have a better total cost of ownership over five years or 70,000 miles than the vehicles they directly compete against," said James Bell, Intellichoice.com's publisher.
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Let's see, it is 2007 and we've had hybrids in USA ownership for six years. It is about time facts and data hammer down the hybrid skeptics.
Bob Wilson
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