Comment Re:How many miles to pay off? (Score 1) 1006
You do not buy a hybrid to save cash.
You buy a hybrid to save fuel.
TCO = total cost of ownership
Several folks in my family own Corollas, Accords, and such.
Because over their weekly lifecycle of the vehicle they spend less on the extra gasoline than they would spend paying off the hybrid.
Plus, in this area, you end up on the highway at somepoint going most places. Urban sprawl, baby.
Don't get me wrong, I love the Volt concept (and would secretly love to buy a Prius)
But when the $ hits the counter, the inexpensive economy cars end up being cheaper for most of us.
I used to drive an F-150. Mine got like 16-17mpg.
I did the math. The total outlay of purchasing a new, higher mileage vehicle, ended up being greater than about 10 years worth of the gas I'd save.
Even if gasoline runs up to like $4-5 a gallon, I'm better off financially staying in my current vehicle than I would be trading it in.