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The Most Cost-Effective Hybrids
November 28, 2012
This week, Jim Gorzelany from Forbes.com took a look at the most cost-effective hybrid cars on the market right now. Considering the average hybrid costs $5,243 more than its gasoline-only equivalent, you wouldn't expect many of them to recoup that investment, but 11 hybrids were projected to do so over a 5-year period, according to research company Vincentric.
Taking into account total ownership cost factors including depreciation, fuel costs, financing, insurance, maintenance, repairs, fees and taxes, the research showed that some hybrids such as the Lincoln MKZ can produce savings of as much as $7,000 over its gas equivalent.
Check out the full list below and make sure to use the free RydeShopper to get the best deals on any of these vehicles.
Hybrid Vehicle | Gas Alternative | Cost Savings Over 5-Years |
---|---|---|
Lincoln MKZ Hybrid | Lincoln MKZ | $7,001 |
Mercedes Benz S400 | Mercedes Benz S550 | $4,242 |
Lexus HS 250h | Lexus IS 250 | $3,747 |
Toyota Prius V | Toyota Matrix | $1,804 |
Toyota Prius c | Toyota Yaris | $1,469 |
Ford Fusion Hybrid | Ford Fusion | $1,202 |
Kia Optima Hybrid | Kia Optima | $779 |
Porsche Cayenne S Hybrid | Porsche Cayenne | $672 |
Honda Insight | Honda Civic | $656 |
Hyundai Sonata Hybrid | Hyundai Sonata | $319 |
Lexus RX 450h | Lexus RX 350 | $17 |
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