Toyota Prius Hybrid vs Toyota Camry – Payoff time for Hybrid vs Gas Cars

Source: CNNMoney.com

CNNMoney.com has a nice analysis of how fast a hybrid pays off. They compared a buying a new $24,548 Toyota Prius Hybrid vs a conventional $19,635 Toyota Camry.

You can see that it takes 4.5 years to break even with gas at $4, 6 years at $3. Some hard numbers that should help prevent you from paying a crazy markup for any hot new green hybrid or electric vehicle.

Kiplinger’s has a Green Car Calculator that compares two cars costs and 5 year overall costs.

Remember that it takes a LOT of energy to build a car, so it may be more eco to keep what you have or buy a used fuel efficient vehicle. A hybrid still emits about 20 pounds of carbon with each gallon of gas you burn up.

Check out our hybrid driving tips.

Related posts:

1. New Cars that Already Meet 2016 Fuel Economy Standards
2. Gas-Guzzler Trade-In Calculator
3. Hybrid Car Mileage Tips
4. Cash for Clunkers or Car Allowance Rebate System
5. Hybrid Car Incentives
6. When does a Toyota Prius lose the MPG battle?
7. Car Maintenance to Extend Car’s Lifespan
8. Eco Friendly and Green Car Sharing Services

Posted on August 6th, 2010
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