Money Saved on Gas?
Created September 28, 2008, at 5:21 pm by MHJ
Exactly how much money can a person expect to save per year if they purchase a hybrid car? Specifically, how much on average would they save vs. a car that runs exclusively on gasoline?
advertisement
Most Popular Pages
Free Email Newsletter Sign-up
All the latest news in a free and engaging bundle. Totally free!
Well, it depends upon the individual who are using them.If you are following the instructions for saving fuel you can indeed save a large amount of money on fuels in a year.
To many variables, are you driving a Prius or an Escalade? Both Hybrids, one 40+ miles to the gallon and one maybe 20 miles per gallon, one around 25K, the other around 65K. If you go with the more reasonably priced vehicle, use it for in town type short commuting, and recieve your states tax break you should see a significant savings. Check out hybridcars.com and check out the research page.
There are several variables involved with calculating the costs and benefits of using a hybrid vs a standard car. Most important are where you live, your driving profile (how much city vs highway driving you do), and how much you pay for gas throughout the year. I found a good calculator on the web at shouldIgohybrid.com that estimates how much you will save by getting a hybrid vs standard vehicle, and the payback period for recouping the upfront costs based on your driving profile.
Post a new comment