Prius, Escape hybrid break even in 3 years
According to a study by Edmunds.com, many hybrid cars now pay for themselves over time. For example, both the Toyota Prius and the Ford Escape hybrid can pay for themselves in just 3 years when gas is $3.00 and you drive at least 15,000 miles per year. Additionally, the Saturn Vue, Camry hybrid and Civic hybrid will pay for themselves in 6 years.
Of course, good things never last. Because tax credits for hybrid cars are capped at 60,000 vehicles per manufacturer, the full tax credit for the Prius and other Toyota hybrids, will only be available until Sept. 30. After that time, Toyota hybrid buyers will only qualify for half the tax credit.
As for the other hybrid vehicles, you still have plenty of time.
Of course, good things never last. Because tax credits for hybrid cars are capped at 60,000 vehicles per manufacturer, the full tax credit for the Prius and other Toyota hybrids, will only be available until Sept. 30. After that time, Toyota hybrid buyers will only qualify for half the tax credit.
As for the other hybrid vehicles, you still have plenty of time.
Labels: Camry hybrid, Civic hybrid, Escape hybrid, Ford, Ford Escape hybrid, Honda, honda civic hybrid, Hybrid Vehicles, prius, toyota
posted by Dahcredyns at
4:48 PM
1 Comments:
It's a shame Edmunds didn't recalculate for the post-Sept 30 tax break change. They did all the hard stuff - that last tweak would be easy.
Mike
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