-->
add or read comments (19)
Using "projected model-specific average vehicle
ownership costs, consisting of depreciation,
financing, taxes, fees, insurance premiums, fuel
costs, maintenance and repairs," Edmunds.com
has determined that ultra-compact and compact cars are
a better value over time than hybrid
vehicles, and all other vehicles, at least for the
first five years.
Honestly, the study seems pretty stupid. Compact and
subcompact cars cost less up front, come with less
options, and usually are less equipped with the latest
gadgetry. Since they cost less, insurance is cheaper,
as is licensing, taxes and financing. Also, because
they have less technical gadgetry they have cheaper
maintenance and repairs.
I know this is hard to believe, but if a car costs
less, its usually cheaper to own. Brilliant!
On a side note Consumer Reports called the Toyota Prius the 3rd Best Fuel Efficient Vehicle for the Money and the Best Green Vehicle this year.
Labels: Hybrid Vehicles
