Only 1 in 3 Hybrid Owners Buy Another One
If you don't include the Toyota Prius, then a whopping 78% of hybrid owners switch back.
The main reason is due to the price premium of hybrids, which can take a decade or more to recoup through lower fuel costs. Other than the Prius and Lincoln MKZ, most other hybrids are just not cost-effective.
Many consumers end up buying a hybrid for emotional reasons - they want to help the environment and feel good about it, but if that's the case, then it makes more sense to buy a fuel-efficent used vehicle. The production process to create a new hybrid vehicle ends up hurting the environment way more than driving a higher-mpg used vehicle.
As an alternative to hybrids, you may want to consider buying a vehicle with a diesel engine or opting for one of the "super" fuel-efficient eco models that are hitting showrooms.
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.Latest Weekly Car Buying Tips
October 2024
- Top 100 Cheapest New Cars for 2024 Oct 17, 2024
- Best Car Deals Around the Country Oct 17, 2024
- Cheapest Luxury Lease Deals Oct 17, 2024
- Real Prices of Midsize Cars Oct 17, 2024
- Top 100 Cheapest Lease Deals Oct 10, 2024
- Biggest Discounts on New Cars October 2024 Oct 10, 2024
- Cars With the Largest Rebates Oct 10, 2024
- Real Prices of Pickup Trucks Oct 10, 2024
- Best 0% Finance Deals October 2024 Oct 03, 2024
- Best Bang for Your Buck Lease Deals Oct 03, 2024
- Best Electric, Hybrid Lease Deals Oct 03, 2024
- Real Prices of Midsize SUVs Oct 03, 2024
September 2024
- All SUV Lease Deals Compared September 2024 Sep 26, 2024
- New Cars with the Most Available Inventory Sep 26, 2024
- Best Car Deals by Category Sep 26, 2024
- Real Prices of Large SUVs Sep 26, 2024
- Real Prices of Compact Cars Sep 19, 2024
- Real Prices of New Compact SUVs Sep 12, 2024
- Price Comparison of Subcompact SUVs Sep 05, 2024
- How to Get $1,000 Discount on Any Tesla Sep 05, 2024