Monday, May 7, 2007

Hybrid Cars Still Not Worth It?

Hybrid cars break-even point has recently been as much as 15 years, according to Auto-Research firms. But it may drop to only six or seven years if the vehicle price drops, and gasoline rises to over $4.00 a gallon.

As gasoline prices get higher, and dealer incentives get better, the hybrids are becoming more attractive.

Of course the premium you pay for a hybrid may also include other unrelated features, such as an enhanced sound system, leather seats, etc., which have nothing to do with saving gas, but just make the price of the vehicle higher.

This article discusses tax breaks, incentives, gas prices, and other factors:
http://online.wsj.com/...

Let's hope it becomes more economically feasible to use less gas. Although some would prefer to use no gas at all, and buy an all electric car -- if they were available with a reasonable price and performance.

Currently we seem to have two options for an all-electric car -- 1.) underpowered (top speeed of 40 mph), or 2.) overpriced

Zap! is working on a new model with Lotus Engineering called the Zap-X, which looks promising, if the price is reasonable: http://www.zapworld.com

Let's see what the new models bring us.


For now, it seems there is not much savings:

Hybrid Cars No Better than 'Intelligent' Cars -- Slashdot

1 comment:

scottm said...

This was posted on slashdot:

http://hardware.slashdot.org/hardware/07/05/15/2016231.shtml

Toyota Going 100% Hybrid By 2020
Posted by kdawson on Tuesday May 15, @04:57PM
from the barring-Mr.-Fusion dept.
Power
autofan1 writes "Toyota's vice president in charge of powertrain development, Masatami Takimoto, has said cost cutting on the electric motor, battery and inverter were all showing positive results in reducing the costs of hybrid technology and that by the time Toyota's sales goal of one million hybrids annually is reached, it 'expect margins to be equal to gasoline cars.' Takimoto also made the bold claim that by 2020, hybrids will be the standard drivetrain and account for '100 percent' of Toyota's cars as they would be no more expensive to produce than a conventional vehicle."