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Contributed by mm | June 1, 2005 10:56 AM PST
No cost analysis can justify the premium you need to pay for a hybrid like Prius. I am a trend-follower: I'd rather pay extra to drive a BMW instead of the Camry Hybrid Toyota is going to release next year.
From Bankrate:
A hybrid, such as the Toyota Prius, Honda Insight and Honda Civic, costs anywhere from $3,500 to $6,000 more than a comparable conventional car. Despite ultra-impressive gas mileage, you'll have a tough time making up the price difference at the pump.
And that doesn't include any additional maintenance costs or the possibility that you may have trouble reselling the vehicle.
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Lightly Used Luxury (May 31, 2005)
Premium brands like BMW, Lexus and Audi are pushing "pre-owned" vehicle sales. Yes, there is no "new car smell," but these deals are still much better than owning a premium brand new car upfront (let's say the certification premium they charged is an insurance that ...
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