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Best Hybrids for Your Money
July 11, 2013When it comes to hybrid vehicles, not everybody has jumped on board due to the higher price tag. If price is something that's been keeping you away from hybrids, we have good news - Forbes.com recently put together a list of their top 10 most cost-effective hybrids.
At the top of the list is the Lincoln MKZ Hybrid, which has a $7,000 five-year ownership cost savings when compared to the non-hybrid Lincoln MKZ. Another top pick is the Toyota Prius V, which had a five-year ownership cost savings of about $1,800 over the Toyota Matrix.
If you're considering purchasing a hybrid vehicle, make sure to use the free RydeShopper to get the biggest discounts and also be sure to check out TrueCar Pre-Negotiated Prices to compare real prices in your local area.
|Rank||Vehicle||5 Year Ownership Cost Savings|
|1||Lincoln MKZ Hybrid||$7,001 (vs. Lincoln MKZ)|
|2||Mercedes-Benz S400||$4,242 (vs. Mercedes-Benz S550)|
|3||Lexus HS 250h||$3,747 (vs. Lexus IS 250)|
|4||Toyota Prius V||$1,804 (vs. Toyota Matrix)|
|5||Toyota Prius c||$1,469 (vs. Toyota Yaris)|
|6||Ford Fusion Hybrid||$1,202 (vs. Ford Fusion)|
|7||Kia Optima Hybrid||$779 (vs. Kia Optima)|
|8||Porsche Cayenne S Hybrid||$672 (vs. Porsche Cayenne)|
|9||Honda Insight||$656 (vs. Honda Civic)|
|10||Hyundai Sonata Hybrid||$319 (vs. Hyundai Sonata)|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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About The AuthorGregg 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.
I welcome your car buying questions. Email Me and I'll be glad to answer them!