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Tuesday, May 7, 2013

The absolutely crazy Hybrid Car Hype. Count your cost. It is a hole in your wallet and your logic!

I got to test drive a 2013 Ford Fusion Hybrid... Man, I got so many looks and good comments!  From its Maserati inspired grill, to smooth body curves, to a metallic black color, to a quiet eco-friendly philosophy and yet a muscular sporty look... I would have to say, this is a very sexy car.  I love the absolute quietness of the electric engine while I sneak up on unsuspected pedestrian, to watching me 'grow green leaves' on my driving efficiency feedback, to a CVT transmission that allow me to accelerate without feeling gear changes, to its responsive acceleration for a hybrid... it really zips, and I really had fun driving this car!  While good driving is rewarded by 'growing green leaves' on the monitor, bad driving makes the leaves fall off... I have tried both --> to grow as many leafs as possible by driving 60 mph on the freeway until the vines are full of green, to punching the accelerator until all the leaves fall off.... I still averaged 39.8 mpg!!!!

But, as much as I love driving this car and getting attention... is it worth the money?!   The answer is NO!  Here are the calculations... do it for yourself and see...

2013 FORD FUSION HYBRID
The minimal car MSRP price is $30,000, with a gas tank size of 13.5 gallons, and a 39 MPG efficiency, it give s a whopping 526.5 miles for a full tank.  At $4 per gallon of gas, it takes $54 to fill up a tank.  According to statistics, an average American drives about 1100 miles per month, with the average life span of a car being around 8 years and 150,000 miles.  So that means, you will spend about average of $1,353.85 per year on gas money and about $15,384.62 in its life span.

2013 TOYOTA COROLLA
This is one of the most popular selling car, an Toyota stable.  The minimal MSRP is $17,000, with a gas tank size of 13.2 gallons, and a 30 MPG combined efficiency.  That gives 396 miles for a full tank of gas.  At $4 per gallon, that is around $52.8 per tank to fill up.  With the above given statistics, the average total yearly cost for gas would be $1,760, and around $20,000 on gas over its average life span.

So, pretty close aye?  Now, here is where the 'robber-meets-the-road:'
1. The difference in MSRP = $13,000
2. The difference in gas cost per year = $406.15
3. The difference in gas cost for the life span of car = $4,615.38
4. That means to buy a hybrid is to spend $13,000 more to save $406 per year on gas.
5. With these differences... how many years do you think you will have to drive a hybrid to make the difference of the MSRP worth money you save each year on gas by driving a hybrid????  =====>  32 years

Now, tell me, is it financially worth it to buy a hybrid?!!!

Now, talk about how environmentally better is a hybrid... which has both gas engine parts and electric engine with lithium batteries?  Isn't that double the waste?

I think this is a no-brainer!  Hybrids are another form of economic waste based on fancy/sexy/strategic/celebrity/green/earth-saving marketing.  You know what is another economic waste based on fancy marketing?  Pharmaceuticals!  We have a lot more to talk about if you wanna chat about that...

1 comment:

Anonymous said...

George,

You did good job to make such numbers for me. I question about hybrid car for many years, but I never to find any evidence.
There is a big question in my mind for more then 10 years. Why American concern enviroment so much, but cars still gasoline engine in stead of natual gas engine?
You might find answer for me. Thanks,


Benny

Our Struggle & Our Savior