Le Cost of Le Hybrid
It all starts at the dealership: the increase in the upfront cost of buying a hybrid car as opposed to a regular gasoline-powered vehicle can be significant. As in $5,000+ significant. Now this isn't true for every hybrid, but considering that the Toyota Prius accounts for 48% of all hybrid sales in the US in the last 10 years, it isn't unreasonable to assume that the average consumer will see this price difference or one that is similar.
Consider for a moment the Prius and Toyota Corolla. These cars appeal to a relatively similar consumer base, but the Corolla costs much less up front ($16,000) than the Prius ($22,000). That's a HUGE difference right off the bat. Scroll down for a second and look at the bottom of that table- that's the extra cost of owning a Pruis after 5 years... Remember that extra wad of cash you handed to that salesman? Congrats! You've now saved 800 bucks! Just kidding...you've actually only lost 5200.
Unfortunately, this is frequently the case. Scan the table again and of these cars, the only comparison that is actually in favor of the hybrid is the Prius-Camry matchup.
Model
|
Edmunds.com True Market Value®
price plus ownership costs*
|
Additional cost to own hybrid
|
Ford Escape Hybrid
|
$50,521
|
|
Ford Escape XLT AWD
|
$47,092
|
$3,429
|
Honda Accord Hybrid
|
$49,972
|
|
Honda Accord EX V-6
|
$46,156
|
$3,816
|
Honda Civic Hybrid
|
$36,666
|
|
Honda Civic LX
|
$32,993
|
$3,672
|
Toyota Prius
|
$37,893
|
|
Toyota Corolla LE
|
$32,610
|
$5,283
|
Toyota Camry LE
|
$37,974
|
Table courtesy of Edmunds.com
But in all fairness, there are a few newer models not included in that particular study that do actually give little improvements after a while if you can stomach the initial price jump. See this if you have time to peruse a lot of numbers, or this if you'd rather see some pretty pictures and take somebody's word that they're right. And when all else fails, fueleconomy.gov can give you personal estimates of costs for whatever comparison you want.
Green? Or Not?
Hybrids do get better fuel economy than regular gasoline-powered cars. That's pretty much an accepted fact. Therefore it stands to reason that they must produce fewer harmful emissions, right? How much fewer? Well, not as much as they ideally could.
Think about it: the key advantage to hybrids is the fact that they can shut the gas engine completely off. This is great for city use when a lot of time is spent stopped at lights in constant stop-and-go traffic. The problem with this is that hybrids tend to spend a lot of time on the highways as well, and the engine runs that whole time. Assisted by the electric motor, yes, but still burning gas just like the rest of us (mwuahahaha).
Without going into all the math behind the studies, during the average life of a hybrid, it'll produce roughly 20% less greenhouse gases than your comparable gas-powered vehicle. (Sidenote- I'm 99% sure that hyperlink is behind a firewall on the University of Delaware network so if it doesn't work, it's not your fault. It's just a lengthy study done at the Worcester Polytechnic Institute about hybrids that would be interesting if you have time and can read it. The emissions stuff is on page 16 but the whole report in general is decent).
This is a good thing! If every person in the US traded every car they own for a hybrid, there would be a 20% reduction in automobile pollution. Right? Well, kinda.
That just does not look good for my lungs |
TL;DR What it comes down to is this: the two primary driving factors for buying a hybrid have some serious flaws. Very few hybrids will actually save the purchaser money in the short run (sorry, I know that's not what you wanted to hear). And in case you thought you were safe taking the financial hit for the sake of the environment, more bad news: pollution reduction over the complete life of a hybrid is actually kinda pitiful. To really be nice to mother nature, you're much better off just buying some training wheels and hopping back on your bike if you want to be green.
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