Hybrid car fuel cost savings calculator

[FreshPrince]

For me, I've decided the Honda Civic best suits my needs.

Current Car
2000 Toyota Camry LE V6
Cost of gas: $2.25
Miles per year: 12,000
miles per gallon: 27 highway

Switch to:
Honda Civic Hybrid

My cost: $1000
hybrid cost: $574
Total Savings per yer: $426

Not bad...but it could be better

savings calculator

 

[StageLeft]

So you save gas but have another 60 months of car payments. Sounds like a good plan to me.

 

[halik]

figure in the cost of the car...

 

[Crucial]

Not enough to make up for the higher cost of the car!

 

[rezinn]

Not very much actually. Not enough to make me buy one.

 

[FoBoT]

but they don't really get that high of mileage, why is the calulator figuring 50+ mpg for the hybrid? the car costs much more than the savings, so why is that good?

 

[StageLeft]

Originally posted by: FoBoT
but they don't really get that high of mileage, why is the calulator figuring 50+ mpg for the hybrid? the car costs much more than the savings, so why is that good?

Yeah it gets 46, not to mention it's a tiny souless vehicle with no power. A camry is souless but at least it's got a V6.

 

[FreshPrince]

Originally posted by: FoBoT
but they don't really get that high of mileage, why is the calulator figuring 50+ mpg for the hybrid? the car costs much more than the savings, so why is that good?

that's what I'm trying to figure out...

I guess if you're buying a brand new car and you're comparing a 2005 Camry to a 2005 civic hybrid...then it would make more sense I guess

still...I don't think the savings would make me jump for joy....

I mean who cares if I save $400 a year on gas...the horsepower alone would make me switch back to regular cars

They need to come up with a better hybrid

 

[CaptainGoodnight]

That doesn't include the electric bill, which is already bad enough durning the summer.

Note: Electricity is NOT an energy source.

 

[fs5]

used 40mpg car ftw

 

[captains]

getting stuck in the middle of nowhere cuz the software crashes......priceless

 

[JulesMaximus]

Originally posted by: FreshPrince

Originally posted by: FoBoT
but they don't really get that high of mileage, why is the calulator figuring 50+ mpg for the hybrid? the car costs much more than the savings, so why is that good?

that's what I'm trying to figure out...

I guess if you're buying a brand new car and you're comparing a 2005 Camry to a 2005 civic hybrid...then it would make more sense I guess

still...I don't think the savings would make me jump for joy....

I mean who cares if I save $400 a year on gas...the horsepower alone would make me switch back to regular cars

They need to come up with a better hybrid

Many hybrids are actually faster than their gas engine only counterparts even though they are a bit heavier.

 

[MoPHo]

gotta factor in new batteries too...i dunno how far along they've come but a year ago if you bought a hybrid car they said you should plan to buy a new battery every 3 years...and they cost about 2k...

 

[FreshPrince]

Originally posted by: captains
getting stuck in the middle of nowhere cuz the software crashes......priceless

that does not apply to my Toyota

also, I put the same numbers in for a regular 2005 civic si, which is much more fun to drive...and you only save $296 per year. They si costs over $2K cheaper...

 

[vi edit]

Originally posted by: MoPHo
gotta factor in new batteries too...i dunno how far along they've come but a year ago if you bought a hybrid car they said you should plan to buy a new battery every 3 years...and they cost about 2k...

Yeh. That's exactly why Toyota warranties their hybrid batteries for 8 years/100,000 miles.

:roll:

Hybrid-Related Component Coverage: Prius' hybrid-related components, including the HV battery, battery control module, hybrid control module and inverter with converter, are covered for 8 years/100,000 miles. The HV battery may have longer coverage under emissions warranty. Refer to applicable Owner's Warranty Information booklet for details.

http://www.toyota.com/vehicles/warranty/warranty.html#prius

 

[FoBoT]

so does that make it an 8 year usable life? how much is it worth with a bad battery after 8 years? how much will a battery replacement be 8 years from now?

do you want to spend thousands to replace the battery in your 8 year old car, or just get a new car?

sounds like ink jet cartridge sales strategy of ink jet printer makers. j/k

 

[MoPHo]

Originally posted by: vi_edit

Originally posted by: MoPHo
gotta factor in new batteries too...i dunno how far along they've come but a year ago if you bought a hybrid car they said you should plan to buy a new battery every 3 years...and they cost about 2k...

Yeh. That's exactly why Toyota warranties their hybrid batteries for 8 years/100,000 miles.

:roll:

Hybrid-Related Component Coverage: Prius' hybrid-related components, including the HV battery, battery control module, hybrid control module and inverter with converter, are covered for 8 years/100,000 miles. The HV battery may have longer coverage under emissions warranty. Refer to applicable Owner's Warranty Information booklet for details.

http://www.toyota.com/vehicles/warranty/warranty.html#prius

I dunno, what my dad was told by his boss when we were shopping for a car a year ago.

 

[eelw]

I'm sick of these comments about you won't save enough money on gas to justify the cost of a Hybrid vehicle. Yes, you spend like $5000 more over a comparable no hybrid vehicle. But you get a fully loaded car with all hybrids. You get tax savings. You have a less strict schedule maintenance schedule. You get the tech/geek WOW factor. You get help the environment. On a negative, we unfortunately don't know the long term impact of the battery disposals. But the 100 pounds worth of battery vs millions of tons of toxins released into the environment seem a fair compremise. And you can't forgot the time saved spent filling gas. Instead of daily or once a week, you only need to fill gas once a month.

So with everything said and done, you will break even a lot sooner than what the media portrays with the premium on hybrid vehicles.

 

[davew0670]

save $1354 a year..not enough to give up my jeep

 

[FoBoT]

Originally posted by: eelw
.. millions of tons of toxins released into the environment

you must have missed the thread about the hawaii volcano and all the crap it is spewing
and don't forget about the cow farts, lots of methane contributing to green house gasses/global warming due to cow farts

 

[IGBT]

..don't forget some states greatly enhance registration fees to offset losses in tax revenue for hybrid and elect.vehicles.

 

[notfred]

Originally posted by: CaptainGoodnight
That doesn't include the electric bill, which is already bad enough durning the summer.

Note: Electricity is NOT an energy source.

Better to be thought an idiot than to open your mouth and remove all doubt.

 

[CPA]

Originally posted by: eelw
I'm sick of these comments about you won't save enough money on gas to justify the cost of a Hybrid vehicle. Yes, you spend like $5000 more over a comparable no hybrid vehicle. But you get a fully loaded car with all hybrids. You get tax savings. You have a less strict schedule maintenance schedule. You get the tech/geek WOW factor. You get help the environment. On a negative, we unfortunately don't know the long term impact of the battery disposals. But the 100 pounds worth of battery vs millions of tons of toxins released into the environment seem a fair compremise. And you can't forgot the time saved spent filling gas. Instead of daily or once a week, you only need to fill gas once a month.

So with everything said and done, you will break even a lot sooner than what the media portrays with the premium on hybrid vehicles.

Couple of minor points:

1) The tax deduction (not tax savings) is $2000 for 2005 and only $500 for 2006. the actual tax savings will be quit a bit less, but based on tax rates could be anywhere from $0-600.

2) I hardly believe that one vehicle emits millions of tons of emissions a year. So your comparison is off.

 

[MrBond]

That doesn't include the electric bill, which is already bad enough durning the summer.

Electricity for what? You don't plug in a civic hybrid.

 

[CaptainGoodnight]

Nevermind will post a longer article explaining all this..