Quote:
Originally Posted by lancek
Our escape 4cyl auto FWD gets 28 highway with the cruse at 65-70 and the hybrid is rated at 30mpg... at a 2mpg increase it would take a while to pay for the extra cost of a hybrid.
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Lets straighten some things out first. Your Escape's EPA highway rating is 24 mpg. The 4wd Escape Hybrid's EPA highway rating is 27 mpg. The point your missing is that you're comparing your best mileage with the hybrid's worst mileage, because they get better mileage in city driving. Your Escape only gets a rated 19 mpg in the city, where the Hybrid gets 29. Slight difference there, but it it favored to the Hybrid. So, the compromise is to compare the combined ratings which are 21 mpg for the 4wd Escape, and 28 mpg for the 4wd Escape Hybrid. However, you also are getting better than EPA ratings, so it would only make sense that the Hybrid would also get better mileage than it is rated at. It is not uncommon to see these get mid to high 30s, and even into the 40s if they are driven correctly.
Lets just use EPA ratings for our comparisons though.
Assuming $3.00 gas price.
Assuming 15,000 miles traveled a year.
Assuming 4wd Escape price is $21,070 (would be more after delivery/taxes/etc.)
Assuming average mileage of 21 mpg.
Assuming 4wd Escape price is $26,825 (would be more after delivery/taxes/etc.)
Assuming average mileage of 28 mpg.
Difference in price: 26,825 - 21,070 = $5,755
Gas cost per year:
4wd Escape = $2142.86
4wd Escape Hybrid = $1551.72
Savings per year = $591.14
5,755 / 591.14 = 9.74 years until you break even
Increase the price of gas (which will inevitably happen) and the numbers change pretty dramatically. Change the average price of gas to $4 and it drops it down to 7.3 years. Since gas will most likely hit that price this comming summer and not drop down anywhere near $3 this is a much more accurate number and may still be on the low side. At $5/gallon your down to 5.8 years. So, the real question is, how much will gas cost in the next few years? If it stays around $3 then its probably not worth paying out for the Hybrid, if it goes up then it sure starts to look a lot better.
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