How long until a hybrid pays off?

How long until a hybrid pays off?

Ford Fusion SE vs. Fusion Hybrid SE vs. Fusion Energi SE

Model Ford Fusion SE Ford Fusion Hybrid SE
Cost per year (15,000 miles) $1,300 $800
Time to Break Even (15,000 miles) 5 years, 9 months
Cost per year (30,000 miles) $2,600 $1,600
Time to Break Even (30,000 miles) 2 years, 11 months

How often do you have to fill up a hybrid?

every 400 to 600 miles
And keeping a hybrid “ready to go” isn’t any more difficult that fueling it with regular-grade gasoline. But with fuel efficiency ratings ranging from 30 to 60 miles per gallon, hybrid owners need to fill up their tanks far less frequently — typically, every 400 to 600 miles or so.

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Do hybrid cars really save you money?

If you drive more than the average 15,000 miles in a year, you’ll break even a lot sooner. But if you’re just looking to get a hybrid because that’s what’s “in” these days, your best financial move is to opt for a non-hybrid model. Where hybrid cars do tend to save you money is through repairs.

Will a hybrid raise my insurance rates?

Depending on the state you live in, driving a hybrid car can lower or raise your typical insurance rates. A hybrid may raise your insurance rates because they’re more expensive cars, have costlier repairs when they do need to be fixed, and drivers of hybrid cars are on the road more frequently.

Is a hybrid right for You?

If you spend a lot of time on the road and you’re just looking for a car to get you from point A to B, with nothing fancy, a hybrid could very well be for you. But what most hybrids make up for in fuel efficiency, they lack in performance. Hybrids are small, and most don’t offer the most intimidating acceleration.

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How much does it cost to replace a hybrid car battery?

Battery replacement hovers around a couple thousand for hybrid cars, while most traditional cars you can replace the battery for less than $200. Another cost to think about with any car is insurance. Depending on the state you live in, driving a hybrid car can lower or raise your typical insurance rates.