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GasBuddy News Article

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Should You Buy a Hybrid or Battery Car?

The Detroit Bureau -- A high price up front can save you money at the back end.

You can do the math the same way for any battery vehicle. Take the 2010 Prius. In real-world conditions, most motorists are getting around 45 mpg, which works out to (where’s my calcuator, ah…) 333 gallons annually. At $2.50 a gallon, that’s about $833 annually. A sedan averaging 28 mpg would use 536 gallons, at a cost of $1340. The annual savings? About $507. And during a 7-year ownership? A little more than $3500.

Now, there are plenty of other factors we could work in, such as maintenance, resale, and so on, but this is a good start for making a comparison. You’ll have to figure out the numbers for factors like helping the environment – never mind getting access to the car pool lane on your local freeway.


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Submitted Mar 14, 2010 By: fordmexico
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Should You Buy a Hybrid or Battery Car? Post a Reply Back to Topics
REPLIES (newest first)
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Dr Gas
Champion Author Twin Cities

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Message Posted: Mar 15, 2010 10:55:59 AM

The answer is - Neither!
The cost to buy hybrid or battery only has a big price.
And you cannot get this extra cost back for a looooong time.

I better approach would be a car that uses either gas or diesel and gets 40 mpg.
OR a natrual gas powered car that got an equival gas consumption of 35 mpg or better. Natrual gas costs less meaning you'd not need to get as good of mpg as gas cars.
And these cars would not have the big cost as the battery ones do!
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 14, 2010 10:41:40 PM

what distance are these folks driving? I'm putting 70 miles / day on my vehicle. I'm using a lot more than that and get a highly efficient near 40 mpg with my vehicle.
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TheDix
Champion Author Ontario

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Message Posted: Mar 14, 2010 4:24:20 PM


I think I'll wait ten more years.
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egd
Champion Author Twin Cities

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Message Posted: Mar 14, 2010 2:28:52 PM

gas is getting cheaper every day, right?
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OHMS
Champion Author Orange County

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Message Posted: Mar 14, 2010 1:08:27 PM

The leadsulfate tea leaves say NO and NO to those two questions.
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DerHahn
Champion Author Illinois

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Message Posted: Mar 14, 2010 10:22:18 AM

would still rather have a high mileage diesel. the diesel engines last a long time with no expensive batteries to replace.
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Bussman
Champion Author Dallas

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Message Posted: Mar 14, 2010 10:21:29 AM

This is a helpful article.
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Bpers2001
All-Star Author Seattle

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Message Posted: Mar 14, 2010 9:52:10 AM

Once the technology of hybrid and battery cars becomes more efficient, you'll see a dramatic increase in savings.
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spiderjay
Champion Author Little Rock

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Message Posted: Mar 14, 2010 9:47:51 AM

might if i could afford it
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JimL1
Champion Author Phoenix

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Message Posted: Mar 14, 2010 9:17:00 AM

As more of us choose and learn to adjust our driving habits to the hybrid, hybrid prices will fall. As hybrid prices fall, more fall still more. As more hybrids, which have a choice of power source, flood the market fuel demand will fall. As alternative power sources become more available, fuel demand will fall further. Fuel will eventually have to become less expensive. Will the consumer get a better deal? No way, big money and large corporations will find a way to increase their profits so that executives can continue to earn their outrageous bonuses, that they could not possibly spend in a coupe of lifetimes.
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albert2008
Champion Author Winnipeg

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Message Posted: Mar 14, 2010 9:14:42 AM

prices need to come down more
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VWC
Veteran Author Maryland

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Message Posted: Mar 14, 2010 9:09:09 AM

Still too expensive.
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sivart
Champion Author Arkansas

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Message Posted: Mar 14, 2010 9:04:20 AM

They don't give the life of the battery or the cost to replace it!!!
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madison8359
Champion Author Cleveland

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Message Posted: Mar 14, 2010 9:03:16 AM

This calculation is a good starting point. Most of us will need to factor in a variety of personal factors.

All things considered the environmental imperative is strong but sometimes the economic imperative is stronger.

As with most new technology these vehicles will come down in price as batteries, etc., get less expensive to manufacturer and as oil gets more expensive they will make more sense.

Somebody needs to be first and there appears to be lots of individuals that are in the category.

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ILVET
Champion Author Illinois

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Message Posted: Mar 14, 2010 9:03:14 AM

I'll make my own decision thank you!
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Fitwit
Champion Author Stockton

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Message Posted: Mar 14, 2010 9:01:17 AM

Too late for me. I wanted the Prius and it was my first choice the the up front cost dissuaded me. In the retrospect and when I was making the decision the Fit was a good choice for me. Cars are pricey but yet, I am thankful that I have one.
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cableman31
Champion Author New York

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Message Posted: Mar 14, 2010 8:56:59 AM

I know they don't mention to loudly the two thousand to twenty five hundred dollar battery replacement in about twenty thousand miles with the electric car.
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DAGTX
Champion Author Texas

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Message Posted: Mar 14, 2010 8:55:59 AM

How many people get to keep their vehicle for more than four years, let alone seven years. I would buy a used one... then your saving would be realized, because their initial price is well over 3500 more than a standard vehicle.
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oilrobber
Champion Author Miami

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Message Posted: Mar 14, 2010 8:55:18 AM

Neither, auto makers should strip out all the electronics and go back to the basic gas engine. Facts are the less to go wrong the cheaper the maintenance. Instead of wasting money on electronics, spend the money on a carburetor that will get the fuel mileage. That is if your not holding back on this already.
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FMREALTOR
Champion Author Florida

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Message Posted: Mar 14, 2010 8:42:38 AM

maintenence issues are mentioned, but not the upfront additional costs.
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hwmillerster
Champion Author Missouri

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Message Posted: Mar 14, 2010 8:42:13 AM

A hybrid, because then you don't have to worry about finding a charging outlet.
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OilerFan
Champion Author Tulsa

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Message Posted: Mar 14, 2010 8:39:51 AM

Well, besides driving range of the electric car, I would base my evaluation (if buying a new car anyway) on what I think the price of gasoline will be in 5 years, not what it is right now.
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DieselKat
Champion Author Tennessee

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Message Posted: Mar 14, 2010 8:39:47 AM

Neither!
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dar 1
Champion Author Michigan

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Message Posted: Mar 14, 2010 8:37:17 AM

But 2.50 gas may look really cheap in a short time.
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chuck3059
Sophomore Author Indiana

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Message Posted: Mar 14, 2010 8:36:41 AM

I am not taking either side in this debate I am only saying all expenses should be used in the calculations. I am sure the savngs amount depends on the individuals driving needs.
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QueenMother
Champion Author New Hampshire

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Message Posted: Mar 14, 2010 8:36:12 AM

That's only 10% savings over 7 years for a $35,000 vehicle. SUCH A DEAL!!
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weenerdog
Champion Author Detroit

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Message Posted: Mar 14, 2010 8:36:09 AM

at the moment, the price of the car and the gas savings don't mesh
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BigDogOH
Champion Author Cincinnati

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Message Posted: Mar 14, 2010 8:33:05 AM

Don't like either
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pnd1
Champion Author Tallahassee

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Message Posted: Mar 14, 2010 8:32:49 AM

Sorry, it still doesn't make sense to go spend $35,000 to save $3,500.
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chuck3059
Sophomore Author Indiana

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Message Posted: Mar 14, 2010 8:31:40 AM

Cost of maintence needs to be considered. Batteries don't have to have there oil changed and they don't need to be tuned up.
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LocalSpyGuy
Champion Author Tampa

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Message Posted: Mar 14, 2010 8:30:05 AM

Based on these calculations, I can't see many buying a hybrid to save money. Most cost $4,000 - $5,000 more than a gasoline only vehicle and I don't think tax credits are still being offered.
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dhawk24
Champion Author Maine

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Message Posted: Mar 14, 2010 8:30:00 AM

Neither one. I will stick to gas...
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FuelBarge
Champion Author Long Island

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Message Posted: Mar 14, 2010 8:28:07 AM

I've been driving a hybrid since April 2001. I am sure I have more than made up the difference on a conventional car, especially due to the tax credit/deductions and the perks offered such as carpool lane access, free beach parking and free commuter parking.
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Don1222
Champion Author Michigan

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Message Posted: Mar 14, 2010 8:27:44 AM

Most important. Buy American MADE IN THE USA.
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coughlin
Champion Author San Jose

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Message Posted: Mar 14, 2010 8:25:32 AM

I am YEARS away from buying any either one.
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tankneverfull
Champion Author Charlotte

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Message Posted: Mar 14, 2010 8:22:12 AM

Some people have posted that it is "not enough savings" which would mean that they agree there is "savings." I wonder how much their gas guzzler is saving them these days. Is this just not another sign of being out of touch...? I wonder when we will enjoy stuff for what it is and not always needing MORE?
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nb52
Champion Author Grand Rapids

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Message Posted: Mar 14, 2010 8:20:59 AM

Very good calculations. It shows the vehicle does not have a very good payoff number, for the expense.
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TeachR06
Champion Author Raleigh

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Message Posted: Mar 14, 2010 8:20:36 AM

not enough infrastructure support for electric just yet.
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bbreff
Champion Author Atlanta

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Message Posted: Mar 14, 2010 8:17:21 AM



From a cost basis, it does not make good economic sense. Not enough savings.

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katmandue
Champion Author Detroit

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Message Posted: Mar 14, 2010 8:17:05 AM

That is the reason I don't get rid of my Blazer for the amout of driving I do. I would only save $300 a year in gas but pay $900 more in car payments.
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applejoe
Champion Author Twin Cities

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Message Posted: Mar 14, 2010 8:15:31 AM

Should You Buy a Hybrid or Battery Car? No - Not for me!!!!!
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checkum
Champion Author St. Louis

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Message Posted: Mar 14, 2010 8:15:03 AM

why risk a battery pack failing to a couple more MPG than a VW Jetta diesel
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Redink
Champion Author Indianapolis

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Message Posted: Mar 14, 2010 8:12:51 AM

At todays prices the cost is not justified.
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fillerupyeoww
Champion Author Columbus

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Message Posted: Mar 14, 2010 8:10:41 AM

You also have to figure in a replacement battery at about 5000 miles. There goes your savings for the next 15 years.
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cathevan
Champion Author Manitoba

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Message Posted: Mar 14, 2010 8:08:46 AM

based on the numbers presented you'd have to save more than that to justify the high cost of this car - not for me yet
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turbosaab
Champion Author Cleveland

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Message Posted: Mar 14, 2010 8:08:44 AM

By this analysis, there will never be value in buying a hybrid or battery car.
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MertieMan
Champion Author Lexington

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Message Posted: Mar 14, 2010 8:07:52 AM

You wouldn't have any trouble with the Prius and the electric vehicle would be fine if it had an infrastructure to support it.
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slgas
Champion Author Houston

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Message Posted: Mar 14, 2010 8:06:23 AM

A hybrid is one way to reduce fuel consumption. It's not just about saving money. Oil is a finite resource. Someday there won't be enough/any left, and if worldwide consumption is not reduced, we'll all be walking, absent alternative technology.
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carefrey
Champion Author Orlando

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Message Posted: Mar 14, 2010 8:05:55 AM


I can't afford either one!
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racerdj
Champion Author Indianapolis

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Message Posted: Mar 14, 2010 8:05:44 AM

I am looking at the long term reliability issues.
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