Brand Hansen reviews the purchasing of a new hybrid vehicle (2006 Prius). He wants to compare the gas savings he would get (assuming a 2.50/gallon price tage) against the auto loan payments.
Not surprisingly, he comes down on the (economic) side of purchasing a 'classic' vehicle as opposed to buying a hybrid. This is unsurprising in the least as gas savings are not going to compare to auto loan payments even if the gase mileage was twice what the Prius is capable of. Note that he failed to factor in the tax savings, although he did note them near the end.
Read it over at OmniNerd.
Sunday, November 20, 2005
Is buying a hybrid worth it?
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