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It’s becoming a tired discussion, but this has already been covered. For someone willing/capable of dropping $30k-$50k in cash, $10/mo. is certainly a small eff
by bumby 1y ago
It’s becoming a tired discussion, but this has already been covered. For someone willing/capable of dropping $30k-$50k in cash, $10/mo. is certainly a small effect size. Under certain cases, hybrid TCO will be lower. For example, if you’re buying an SUV, drive a lot, pay cash, and live in a high fuel cost locale. But that shouldn’t lead to a logical leap that hybrid costs are lower in the general case. (They still may be, but nobody has shown good, generalizable data to that point.)
- Retric 1y agoI said loan not paying cash. We’re comparing if the drive train is superior, and the most cost efficient new car is a car. Upgrading to a 50k SUV is inherently a different question that has little to do with the drivetrain. > They still may be, but nobody has shown good, generalizable data to that point. The general case of someone keeping a vehicle for 8 years and driving 15k miles per year isn’t close, as long as we’re keeping everything else the same. EX: A 2025 Ford Escape ST-Line Elite has a hybrid option for an extra 1,205$. If the base price is significantly higher than 2,000$ you’re not comparing drive trains but options. Plug in Hybrids are a separate category dependent on your local electric prices.