Recovering the Purchase Price of Hybrid Vehicles in Fuel Savings
Adjust the controls to determine how long it will take to recover the extra purchase price (in fuel savings) of an environmentally friendly hybrid vehicle over a more traditional gasoline vehicle.
While hybrid vehicles may make sense for environmentally conscious consumers, is it simultaneously true that consumers are making a sound economic investment when purchasing one? This Demonstration allows you to answer the question of how long a consumer must own a hybrid vehicle to recover the extra purchase price in expected fuel savings.
Snapshot 1: comparison of a 2010 Toyota Prius versus a 2010 Toyota Corolla
Snapshot 2: comparison of a 2010 Honda Civic (hybrid) versus a 2010 Honda Civic
Snapshot 3: comparison of a 2010 Chevy Tahoe (hybrid) versus a 2010 Chevy Tahoe