Thinking about buying a Hybrid for (mostly) work?
November 10, 2009 in Buying & Selling
Did you know that you can save fuel and run your car on water
Jason questioned:
I am in the market for a new car and I handbook around 300 miles a week which I am reimbursed 58.5 cents per mile for… I am weighing the cost of the Civic Hybrid into my shopping in view of the fact that I already sought after that kind of car anyways, a Honda Civic that is. My top is I really like the car AND it does save me cash even even if its more pricey but factoring in the miles I handbook doesn’t this vehicle make more implication for me than a non hybrid? Looking a year or two down the road what will gas prices be? Won’t this vehicle have a privileged resale regard, life a Civic and a Hybrid, than a non Hybrid in a couple of being?
Did you know that you can save fuel and run your car on water
Make numbers. Hybrid cars are not low-cost. The price of the car vs the “savings” in gasoline does not make implication.
It is a better extent to convert your car to run on GAS (LPG / CNG). The cost of the fuel is roughly 1/2 or the gasoline. You have nearly the same potential, exhaust is much (very much!) cleaner, and you can run your car on any fuel.
Also, the cost of a conversion is low when compared with the price tag of a hybrid, and you can detach the logic anytime and conveying it so a similar car for a low price.
On top of it, I don´t reflect an hybrid have a better resale price.
Let’s take upon yourself you handbook 16000 miles per year and it’s fundamentally highway miles. The ordinary Civic with an automatic trans gets EPA est 36 MPG highway while the hybrid gets 45 MPG. Therefore, you will use about 433 gallons of gas in a fixed Civic vs 355 gallons in the hybrid. At $4.00/gallon, that’s a $312 total fuel savings on the hybrid vs the non-hybrid. The fixed Civic starts at $15,000 (19,900 for an EX-L) while the Hybrid starts at $22,600 (24,350 with Nav). So the price difference is somewhere to from $2700 to $9350.
That earnings at now’s fuel prices, it will take about 8 being to renovate your health the superfluous cost. The real wild card here is fuel prices and I would not guess them to come down. Some have said they may maybe go as high as $10-$15 in which case the hybrid would be a splendid investment, but you’ll have to go with your gut on this one.