Okay, not all hybrids. Diesel-electric trains make perfect sense. As do diesel-electric ships. But hybrid cars? Nope. A new study by the guys at CarGurus.com has found that the cost of purchasing owning a hybrid vehicle is not outweighed by the fuel it saves. They examined 45 popular hybrid cars and found that the cost of ownership is 25 percent higher than gasoline vehicles. To figure out how much hybrids cost, the research team added up the hybrid’s retail price, its depreciation, and the cost of driving 12,000 miles annually. Then they compared fuel economy of hybrids with gasoline cars. Of course, the study didn’t take any environmental effects into account. My guess is that hybrids would lose on that front, too, considering the nasty goo and heavy metals packed inside batteries. The lesson? If you want economical, fuel-efficient cars, go with lightweight, small-displacement gasoline or diesel cars. Or get a bicycle for chrissakes.
UPDATE: From the Wired article: “CarGurus.com included 45 hybrids in its study, ranging from the 2004 Honda Civic Hybrid to the 2010 Toyota Camry Hybrid. It examined only those hybrids with a conventional counterpart — the Ford Fusion Hybrid, for example — so the bean counters could make “a direct apples-to-apples comparison,” Steinert said. For that reason, the Toyota Prius and Honda Insight aren’t included. They also compared the hybrids to siblings with similar features and options.”
Source: Wired Autopia