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Oct 30, 2007 -- Most cost-effective hybrid vehicles named

There's one call that Clark has taken on the air about 60 times over the years, and he's never been able to answer it convincingly: Is it worth it to pay the extra bucks to buy a hybrid just to pay less in gas every week? Now Edmunds.com has done a cost analysis of some of the top hybrid models. Their research indicates how much longer it takes to get a return on investment if you buy the hybrid versions of any cars in the study. It's the Ford Escape that gives you the quickest payback -- owners will break even at around 3 years. The Honda Civic and the Mercury Mariner tie at No. 2. The Saturn Vue checks in at No. 3, allowing owners to break even in 4.8 years. Keep in mind that any hybrid offering return on investment in under five years is a smart buy. On the other end of the spectrum, the Toyota Highlander takes 11 years before you break even and the Camry will take you 12 years. And what about the Prius? Because there's no exact gas-engine equivalent, Edmunds looked at the Prius vs. Corolla. Turns out it will take you a whopping 13.6 years to get payback if you only drive your Prius 15,000 miles/year! So Toyota -- the greenest of all the automakers -- actually does not give you good payback on your hybrid-purchasing dollar. Clark advises people to only buy a Toyota hybrid if they're doing it because of deeply held environmental beliefs.

Unfortunately, Clark won't be able to answer any questions submitted via commenting. If you have a question, please try posting it to our message boards.

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What others are saying

  • Hybrid Batteries
    I would like Clark to address how much new batteries cost for hybrid cars and how this affects resale values and overall economy of investment in hybrids.
  • small car hatred
    I hate small cars (I have a Dodge Neon hate it!)I want a SUV or a Big diesal Pick-up truck to pull my trailor.
  • I'm a Prius Taxi Driver
    I agree with Vinny that a Corolla is not comparable to a Prius because the Prius is MUCH more roomy. Also, I'm assuming that Edmunds only compared fuel prices, and not maintenance and average cost of repair.

    The Prius has no starter, no alternator, no transmission, the brakes last at least 150,000 miles, and according to Toyota, not ONE hybrid battery has ever worn out. You can (not recommended by Toyota) go much further between oil changes (10,000 miles easy) because the engine doesn't idle. Most engine wear is due to idling. There is much less to break down than in a conventional car, so repair costs are minute by comparison.

    The real cost payback time depends greatly on how much you drive. I typically drive 300 miles a day. If you do the math on that one, the payback time is in months, not years.
  • prius payback
    I've owned a vibe (station wagon version of the Corrolla) and definitely not a fair comparasion. If it didn't get more than average car of it's class I'd still love my prius!
  • Prius Pay Back Time
    Maybe it's time to disregard paybacks and start suffering by paying a premium for vehicles that decrease our daily demand for gas and reduce emissions.
  • Prius surprise
    I just came back from a Toyota dealership and found they are adding $3500 to $4000 to the sticker price calling it a Market adjustment fee. They are not much better than the oil companies.
  • This is bogus
    Comparing a Prius to the Corolla - come on... First of all the prius is more comparable to the Camry in terms of passenger and cargo space. So if you get 22MPG on a camry and 48 on a prius and they both cost about the same which is more cost efficient. Do that math and you will find that Prius payback time is about the same or better than the Honda civic hybrid. The other thing you have to keep in mind is that most people that buy a prius would otherwise be driving expensive cars that cost more than the prius. For example I switched from a BMW 3 series. If I look at it that way I have not only saved a ton of money by switching to the prius (about $12000) less than the 3 series but I also get 2.5 times the mileage.
  • Prius
    So, if I drive more than 15,000 miles a year, which I do, I can cut that 13.6 years down?
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