Thrifty Mommy » toyota http://www.blisstree.com/thriftymommy Time and Money Saving Tips from Thrifty Mommy Mon, 14 Dec 2009 17:54:42 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Is a Hybrid Worth the Money? http://www.blisstree.com/thriftymommy/is-a-hybrid-worth-the-money/ http://www.blisstree.com/thriftymommy/is-a-hybrid-worth-the-money/#comments Tue, 20 Nov 2007 14:17:56 +0000 Karen Weideman http://www.thriftymommy.com/is-a-hybrid-worth-the-money/ Post from: Thrifty Mommy

]]> hybridPeople have been wondering if the extra cost of a hybrid vehicle is worth the savings on gas.  Now Edmunds has done a cost analysis of some of the top hybrid models.  We can know how much longer it will take to get a return on investment should you buy the hybrid versions of the cars in their study.

We have a winner . . .  The Ford Escape gives you the quickest payback.  Owners will break even in only 3 years.  The Honda Civic and the Mercury Mariner tie at number 2.  The Saturn Vue comes in at number 3, which allows owners to break even in 4.8 years.  According to Clark Howard, any hybrid offering return on investment in under five years is a smart buy.

The Toyotas didn’t do so well.  The Toyota Highlander takes 11 years to break even and the Camry takes 12 years.  Eeeekkkk!!!  Even worse, the Toyota Corolla will take you 17.9 years.  Ouch! Toyota, the greenest of all the automakers, doesn’t give you a good payback on your hybrid-purchasing dollar.   Sounds the Toyota is for environmentalists and not for the frugal.

I was pretty impressed with Edmunds website.  They have some interesting and informative articles on their site. 

Do you own or have you considered buying a hybrid?

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