Well thats discuraging
So I ran some excel calculations on the cost of ownership of a hybrid right now.
Turns out comparing an uber modified hybrid (made myself that would cost about $8k) that would get me close to 150 MPG and not counting electric charging cost would take 6 years to pay for itsself (at $4.5 a gallon for fuel, which should take a couple years to get there I would think)
In fact the amount of money it would save per week versus my SUBURBAN is less then the amount of money that investment cost would earn me per week in investments (Right now I've been averaging $20 per week on $2000 invested)
The conclusion. Don't run out and buy a hybrid. Wait till you need to buy a new car and have your old one converted (assuming its something that isn't insane... like an SUV... pick a vehicle that is light and has low frontal area and doesn't have a massive amount electronics. I'd say like a late 80s camero, cugar, golf, jetta, escort, etc)
Turns out comparing an uber modified hybrid (made myself that would cost about $8k) that would get me close to 150 MPG and not counting electric charging cost would take 6 years to pay for itsself (at $4.5 a gallon for fuel, which should take a couple years to get there I would think)
In fact the amount of money it would save per week versus my SUBURBAN is less then the amount of money that investment cost would earn me per week in investments (Right now I've been averaging $20 per week on $2000 invested)
The conclusion. Don't run out and buy a hybrid. Wait till you need to buy a new car and have your old one converted (assuming its something that isn't insane... like an SUV... pick a vehicle that is light and has low frontal area and doesn't have a massive amount electronics. I'd say like a late 80s camero, cugar, golf, jetta, escort, etc)
1 Comments:
But, I ask, the ability to drive in a car manufactured completely from smug self-righteousness must surely be worth something?
Post a Comment
<< Home