Friday, June 27, 2008

Edmunds.com: Hybrids Aren't the Best Value Over Time

Edmunds.com published THIS article earlier this week, thus confirming what I've been telling people for quite some time... much longer than I've been writing this blog.

Hybrids are over-priced underachievers. There's no two ways about it. They cost far too much and deliver far too little. Or, if we're talking L/100km, then not little enough!

At the current average price across the US, the best value hybrid (Honda Civic) doesn't even make the top 10 is "lowest cost to own". While it's true that hybrids become a better economical choice as gas prices rise, even at a price of $6/gallon the Civic hybrid still doesn't make the top 5. Everybody's darling, the Prius doesn't even make the top 30 at current prices, and only ranks 18th if gas were to cost $6/gallon.

I'm very surprised that all this hasn't been brought up sooner.

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