New study says hybrids will save you money after all

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by PA, Aug 27, 2006.

  1. PA

    PA Member

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    I saw this on cnn.com today, please see the link below for the full article.

    Edmunds.com Study: Hybrid cars will pay for themselves over time

    I also found the following in another article about the top concerns people have with hybrids:

    6. Worry: Hybrids will not hold resale value
    Don't be fooled by stories about used Toyota Priuses selling for near-new prices. The Prius is a unique, hybrid-only vehicle with an eye-catching design. It's produced and sold in low volumes. In terms of holding its value as a used car, the Prius has more in common with the Mini Cooper, another resale value champ, than a Ford Escape Hybrid SUV.

    Like the Escape, most hybrid vehicles are versions of ordinary, non-hybrid vehicles with little to visually distinguish them.

    Conclusion: A genuine cause for concern.


    So I guess it's saying that hybrid depreciation is definitely a concern, unless you buy a Prius.

    You can read the full article here.