Savings come slowly for hybrid, electric car ownersJust think. If you buy one today, your nice, shiny, new Volt will pay for itself shortly after you're dead and buried, many years from now.
By Nevin Batiwalla, Nashville Business Journal
If you're thinking about buying a fuel-efficient hybrid, electric or otherwise eco-friendly vehicle as a way to save money over time, do your homework — or be prepared to wait.
Buyers who choose Nissan's all-electric Leaf ($28,421) over its approximate gas-powered equivalent, Nissan's Versa ($18,640), will likely wait nearly 9 years until they break even, according to a new report by The New York Times that examines the cost of fuel efficiency.
For drivers of the Chevrolet Volt ($31,767), the wait is even longer— 26.6 years. [link]
But, hey. You'll at least be saving the planet. Right?
Assuming there is still a planet 26.6 years from now.