On Monday, Slashdot linked to this article examining whether you actually save money buying a hybrid over a comparable fuel efficient standard automobile. The answer, perhaps surprisingly to some, is no.
Here’s the money quote:
While no “green” person would ever advocate buying a hybrid for purely economic reasons, it is painfully obvious that existing hybrids lack the ability to make up for their steep prices with gas savings. While a hybrid would present significant savings over something like a new Ford Super Duty, you would always save more with any of a number of economy cars.
As the author states, this may change in the future as technology improves, but right now that Prius is costing you money.
Read the whole thing.
