Interactive hybrid cars resource
GreenHybrid Home - Hybrid Cars
Hybrid Cars Discussion Forums
Hybrid Articles
Hybrid Mileage Database & Car Specs
Hybrid Car Photo Gallery
Shopping Guide for Hybrid Cars


Go Back   GreenHybrid - Hybrid Cars > Hybrid Topics > General Forum
Register FAQ Members List Search Today's Posts Mark Forums Read

General Forum Nonspecific discussions 

Reply
 
Thread Tools Search this Thread
  #1 (permalink)  
Old 01-29-2006, 12:06 PM
Rogstar Rogstar is offline
Enthusiast
 
Location: Minneapolis, MN
Posts: 7
Default Does a hybrid = a lower cost of ownership?

I hope this fine group will be able to answer a rather simple question...

I currently have a 2006 Honda Civic Hybrid on-order, but I've heard from a variety of people who say "You'll never get your money back on a hybrid because of the higher cost...it'll take you 7 to 12 years...". And I've spoken to a couple dealers who've said, "A hybrid is more of a lifestyle statement rather than a good way to save money...". It seems that the general consensus of most people I talk to (and none of them own or operate a hybrid) - is that a hybrid is not worth the extra cost at this time although the total cost will probably come down sometime in the future.

I need to replace a 13 year-old Corolla and we've settled on the 2006 Honda Civic (either the Hybrid (at 50mpg) or the regular sedan (at 30 & 40mpg)) as a car that would work for us. We ordered the Hybrid because there about a 3 month waiting time here in the Minneapolis area. I finally test drove a HCH yesterday and it seemed to work rather well, and I can see how the immediate feedback for the MPG would help 'teach' a person how to get the most out it.


The question for us is whether buying the hybrid model would truly save us money in the long run (total cost of ownership) or if the premium paid for a hybrid makes it so you don't see any real savings for quite some time (depending on the cost of gas of course). Is it cheaper to own and operate a hybrid? Or do you have have to keep it for a long long time in order to recoup the cost of the higher purchase price?


Thanks for any assistance you can provide!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 01-29-2006, 12:22 PM
ralph_dog's Avatar
ralph_dog ralph_dog is offline
World's First Hybrid
 
Real Name: Ralph
Location: Canton MA
Hybrids: 2005 Honda Civic Hybrid
Posts: 593
Default Re: Does a hybrid = a lower cost of ownership?

Given the rather generous tax write-off for 2006 new hybrid purchases and given that you will save at least 1/2 on your fuel bills, I would safely say that any hybrid premium that "THEY" always complain about will be negated in your first year of ownership......Most people do not do the research and will believe everything they hear or read 2nd or 3rd hand as the truth especially from news wire articles etc.

Let them buy their Denali LT at 13 mpg and 31 gal fuel tank and pay their $250 per month for premium grade fuel and then talk.....

My MA state tax for 2005 was a wash ($0 due with refund) becacuse of the $2,000 clean vehicle deduction. It also helped my Fed tax due as well. The deductions for 2006 will come directly off of your taxes due, not income....a much better and very nice incentive.

.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 01-29-2006, 12:30 PM
jdenenberg jdenenberg is offline
Engineering Professor
 
Real Name: Jeffrey N. Denenberg
Location: Connecticut
Hybrids: 2004 Prius
Posts: 220
Default Re: Does a hybrid = a lower cost of ownership?

Rog,

You are only paying a small premium (~$2k) for your HCH (a nice car, I have a 2004 Prius, ~$3k premium). The maintenance costs should be similar to those in a std Civic so the payback period corresponds to about 50k-75k miles travelled. I have saved about 1000 gallons of gas in less than 2 years (high mileage driving) which almost covers the "premium". Besides, it's fun when you tell people that you actually have averaged 46 MPG over the life of the vehicle (and then they consider the MPG that they get).

Jeffd
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 01-29-2006, 12:51 PM
xcel's Avatar
xcel xcel is offline
Ridiculously Active Enthusiast
 
Real Name: Wayne Gerdes
Location: Northern Illinois
Posts: 2,567
Default Re: Does a hybrid = a lower cost of ownership?

--

.




Last edited by xcel : 12-02-2007 at 07:05 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 01-29-2006, 01:03 PM
PriusGuy04's Avatar
PriusGuy04 PriusGuy04 is offline
Pretty Darn Active Enthusiast
 
Real Name: J.W.
Location: Central Florida
Hybrids: 04 Toyota Prius
Posts: 334
Wink Re: Does a hybrid = a lower cost of ownership?

Quote:
Originally Posted by Rogstar
I hope this fine group will be able to answer a rather simple question...

I currently have a 2006 Honda Civic Hybrid on-order, but I've heard from a variety of people who say "You'll never get your money back on a hybrid because of the higher cost...it'll take you 7 to 12 years...". And I've spoken to a couple dealers who've said, "A hybrid is more of a lifestyle statement rather than a good way to save money...". It seems that the general consensus of most people I talk to (and none of them own or operate a hybrid) - is that a hybrid is not worth the extra cost at this time although the total cost will probably come down sometime in the future.

I need to replace a 13 year-old Corolla and we've settled on the 2006 Honda Civic (either the Hybrid (at 50mpg) or the regular sedan (at 30 & 40mpg)) as a car that would work for us. We ordered the Hybrid because there about a 3 month waiting time here in the Minneapolis area. I finally test drove a HCH yesterday and it seemed to work rather well, and I can see how the immediate feedback for the MPG would help 'teach' a person how to get the most out it.


The question for us is whether buying the hybrid model would truly save us money in the long run (total cost of ownership) or if the premium paid for a hybrid makes it so you don't see any real savings for quite some time (depending on the cost of gas of course). Is it cheaper to own and operate a hybrid? Or do you have have to keep it for a long long time in order to recoup the cost of the higher purchase price?


Thanks for any assistance you can provide!

I feel thats because the other vehicle owners feel threatened (Jealous),
if you can believe that..
I had a ford F-150 that got 8-11 mpg $75 per tank, 1-30gal & 1- 20 gal tank (before gas went up) filled up every week wed & sat. lol do the math.... I purchased an 04' Prius, & now fill up every sun (when I drive it during the week) 11gal at $25 per tank, again do the math I saw an imediate savings..

The wife used to spend $45 a week driving her 4cyl 96' Saturn & now spends $25 a week she saves roughly $100 a month..

I gave the 96' saturn away for $1.00, was costing 2-300 a month in repairs. Now she drives the Prius all the time just to work she drives 50 miles a day round trip..(she's averaging 51 hwy ) (I average 47.2 hwy) Saving $$

Everone else that says there is no savings is talking out of thier human rear exuast pipes... (making excuses) for the decision they made (non-hybrid) and are left wondering where thier money's going..

I have found a lot of people stating they get good mpg and its not worth owing a hybrid.. I tell them they get 16 cty & 17-20 hwy. I get 59- 47. Do the math shuts em right up..

I think you will notice a savings in the first year, even if you only drive 3-10 miles to work you wont be filling up as often as the rest. (if the wife drove 3-15 miles to work I'd only fill up once a month)!
Not to mention the Hybrids are holding thier value look around see what an 04' w/low miles is going for..

We did have an issue when the Prius II came out, some salesmen were buying them running them to 100 mi. and then turning around and selling them used for $22,000. but the dealers caught on to this..

Im sold on hybrids, I own the 04' Prius II, love everything about the car..
I hated the body style of the civic. Until I saw the 06-07's thats also a nice car looks like a stretched prius with a star-trek dash board...
( My next vehicle will be a Hybrid) .

.

04' # 5, W/leather & JBL omitted.
"Prius, Just ask the person that drives one"
04' Tundra, 18mpg city & 22mpg hwy.
04' Prius, 60mpg city & 53mpg hwy.

Kenstyle NHW20 AERO Kit

Last edited by PriusGuy04 : 01-29-2006 at 07:46 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 01-29-2006, 01:07 PM
Delta Flyer's Avatar
Delta Flyer Delta Flyer is offline
Cng Attitudes-Not Physics
 
Real Name: Chuck
Location: Lewisville (Dallas), Texas
Hybrids: 2000 Honda Enzyte 5-speed
Posts: 3,143
Default It's easier to monitor

Every vehicle should have this, but hybrids have instant mpg.

Even if you insist on having a somewhat lead foot, using the instant mpg will reduce fuel consumption and the accompanying wear-and-tear. At 93,500, I have not had to replace anything outside of the usual tires.

.

61.5mpg lifetime - 82mpg in recent months

Best Run >
www.cleanmpg.com

"fanatic" is what the lazy call the dedicated
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 01-29-2006, 01:23 PM
AZMerf AZMerf is offline
Ridiculously Active Enthusiast
 
Location: Phoenix, Arizona
Hybrids: 2006 HCH / 2007 FEH
Posts: 547
Default Re: Does a hybrid = a lower cost of ownership?

No.

.

Support the Troops - Drive a Hybrid!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 01-29-2006, 03:52 PM
krousdb's Avatar
krousdb krousdb is offline
Active Enthusiast
 
Real Name: Dan
Location: Pittsburgh, PA
Hybrids: Prius II
Posts: 221
Default Re: Does a hybrid = a lower cost of ownership?

24 months and 62000 miles on the Prius. 70ish MPG when I drive it, high 40's when my wife drives. We have saved about 2000 gallons of gas over the previous car, about $4500. Then there is was the tax deduction, which lowered my taxes by $500. So I have saved $5000 total so far.

I have never had a problem with it. Never been back to the dealer. I'm on my second set of tires. I do the oil changes myself. One air filter. The brakes show no signs of wear.

The KBB is around $17,500, about $5000 less than I paid for it. So the money I have saved has completely made up for the depreciation.

I can't speak for anyone but myself, but in a word....

YES!

.

It's a Wonderful Day for Science!






Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 01-29-2006, 05:24 PM
edovando's Avatar
edovando edovando is offline
Active Enthusiast
 
Location: So. California
Hybrids: 05 Civic Hybrid
Posts: 74
Default Re: Does a hybrid = a lower cost of ownership?

I started a similiar discussion here. Because of my daily commute making up the price difference is really not an issue since I will recoup it in gas savings, quickly.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 01-30-2006, 12:55 PM
Pravus Prime's Avatar
Pravus Prime Pravus Prime is offline
Prof. of Hybridology
 
Real Name: Rich
Location: Michigan
Hybrids: 2006 Ford Escape 4WD
Posts: 1,945
Default Re: Does a hybrid = a lower cost of ownership?

Quote:
Originally Posted by edovando
I started a similiar discussion here. Because of my daily commute making up the price difference is really not an issue since I will recoup it in gas savings, quickly.

There's a lot of good sentiments in that thread.

.



First 4WD Hypermiler

Have you read the FEH FAQ?

Live in Michigan? Let it be known in Michigan Roll Call

Read My Automotive Blog at Rich Rambles
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Topic Starter Forum Replies Last Post
Details about the Highlander Hybrids Dianne Toyota Highlander Hybrid &
Lexus RX 400h
6 02-27-2008 10:12 AM
Highlander Hybrid details Dianne Toyota Highlander Hybrid &
Lexus RX 400h
9 01-13-2008 07:39 PM
Toyota Hybrid Police cars (long article) PriusGuy04 Journalism & The Media 11 02-08-2006 06:11 PM
Prius still Champeen, but HCH-II making push lars-ss Model Comparisons 58 02-02-2006 09:02 PM
Marketing the Ford Escape Hybrid ElectricTroy General Forum 0 11-23-2004 06:03 AM


All times are GMT -7. The time now is 11:03 AM.



This website is made possible by people like you.
Thank you.


HOME   .   DISCUSS   .   LEARN   .   COMPARE   .   SHARE   .   SHOP

About      Press Release      Contact

Suggested Link      Promote Hybrids      Site Store




COPYRIGHT © 2005-2006 Internet Brands, Inc. | Privacy Policy

SEO by vBSEO 3.0.0