subject: Hybrid Used Cars offer the best value and savings [print this page] A report that recently came out from Kelly Blue Book shows that it's a great time to buy used hybrids. Over the last year the dollar value of hybrids have not kept up with the rest of the overall used car market. So people who want to reduce their carbine foot print will save substantially. Since the inception of hybrid vehicles, they've always been in step with the overall used car market and holding their value, but the report shows that new hybrid vehicle sales, year over year as drop down by 40 percent.
Other factors that have contributed to more people buying used cars, such as used hybrids, is that gas prices have been down since the down turn of the economy. Some new gasoline vehicles like the Ford Fiesta are getting the same mileage as many hybrids on the market today. Also research has shown it could take up to 10 years to recoup the premium paid on a new hybrid vehicle. When the Toyota Prius hybrid was analyzed on how long it would take to recover the actual savings, the study showed it would take over 10 years and you would have to rack up at least 160,000 miles on it.
The report also shows when buying used vehicles, consumers should consider the hybrid alternative. Since it takes too long to recover the saving on a Prius (a premium hybrid) you should consider a used Honda Civic hybrid. A person has a better chance of coming out a winner with this type of hybrid.
So if you're looking for used cars in the hybrid market, look to get the Honda Civic it's better value for the buck.
