This guy has a full-blown economic and financial analysis of the benefits and costs of hybrid cars. His conclusion? It's not worth it yet.
While I applaud his extensive effort, he leaves a few things out...including several government incentives, such as the $3,150 federal tax credit starting next year, and a bevy of state financial incentives. Several states also allow hybrid drivers access to HOV lanes even when driving solo and Boston is considering offering free meter parking downtown.
Omninerd also leaves out one big thing: used cars. Given the ridiculous premium on a new car that depreciates as soon as it leaves the lot, what about the financial benefits of switching from a 1999 Accord (to use his example) to a 2004 Toyota Prius? It may not be a big personal cash cow, but a hybrid car is one way to help the environment and pay a little less at the pump.
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