Intellichoice Finds Hybrid Cars Save Money in Long Run

The hybrids with the biggest five-year savings after the Prius were the new Honda Civic sedan hybrid, the Toyota Highlander sport utility vehicle hybrid and the Ford Escape SUV hybrid.

Published: 09-Jan-2007

Hybrid vehicles are proof of the old saw that you've got to spend money to save it, a new study shows.

In recent years, studies by Consumer Reports and others have shown that most hybrids won't save owners enough money on fuel alone to make up for their higher initial prices.

But a new study by Los Angeles-based Intellichoice.com, which specializes in automotive cost-of-ownership data, says that hybrid buyers are still the winners when you factor in costs of financing, fuel, insurance, state taxes and license fees, repairs, maintenance and depreciation.

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