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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (187269)	5/24/2006 11:46:25 PM
From: geode00	Read Replies (1) \| Respond to of 281500

"...Savings at the pump aren't likely to pay you back for the extra initial outlay, but when you combine those savings with the federal tax credit (read "Save thousands on a hybrid -- if you hurry") available for purchases after Jan. 1, 2006, the numbers look friendlier. In fact, ownership costs for the Honda Civic Hybrid are within a few hundred dollars of the gas-engine Honda Civic. And with the Toyota Prius, the five-year costs are actually a few hundred dollars less than the comparable Corolla LE. Other hybrids cost several thousand dollars more than their gas-engine counterparts.... Toyota Prius 1. Sticker price: $22,885 2. MPG: 60 city/51 highway 3. Green score: 5/5 4. 2006 tax credit: $3,150 5. Five-year cost: $28,650 6. Versus a non-hybrid: -$565..." moneycentral.msn.com The Prius sells for a premium simply because of high demand and low supply. If the hybrid is popular then this condition will go away and there will no longer be a premium on the car.