Hybrid auto costs going up
Filed under: Transportation
A hybrid automobile seems to make more sense than ever with rapidly rising fuel prices. But the increased demand for these vehicles is causing their prices to rise. Many hybrid prices are up about $2,000 to $5,000 over last year's prices.
It takes drviers several years to make up for the increased hybrid price via fuel savings. Is it still worthwhile? Check out this video for more details.
Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.
It takes drviers several years to make up for the increased hybrid price via fuel savings. Is it still worthwhile? Check out this video for more details.
Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.
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Reader Comments (Page 1 of 1)
5-11-2008 @ 8:16PM
Russ Greene said...
when we bought our first virtually non-polluting prius for around 26K in 2004, it had technology not available in cars under 30K so we felt we got a good deal ... We also would argue that comparing a prius (a hatchback) to a camry (sedan) is also specious but that's a minor quibble
But since it now almost costs double to fill the tanks (we have 2 of them now) with gas only a few years later, we've more than gotten back any so-called premium. And with the price of gas going onwards and upwards, it seems the feel good early adopters got the better deal this time... I feel sorry for all you penny-wise, pound-foolish, degree laden experts who let financial gain be your most prized guide...
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