Extended Payback Time for Many Fuel-Efficient Models

More Amer­i­cans are look­ing at fuel-effi­cient cars due to ris­ing gas prices. Data com­piled by TrueCar.com indi­cates, with the excep­tion of the Toy­ota Prius, Lin­coln MKZ hybrid, and diesel VW Jet­ta TDI, the added cost of hybrids, plug-ins, and elec­tric vehi­cles would take as much as a decade to save mon­ey over com­pa­ra­ble new mod­els with con­ven­tion­al inter­nal-com­bus­tion engines. Pump prices would have to be around $8 per gal­lon before many of the cars could be expect­ed to pay off in the six years an aver­age per­son owns a car.





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