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Hybrids are a crock.
A little car like a Toyota Corolla, 1.8 Ascent Auto, horrid looking, boring and frightfully reliable as it is gets 7.5L/100km* and will cost $23-24,000.
A hybrid car just the same size, a Toyota Prius will cost $39,000 and gets about 4.5L/100km*, its equally ugly, boring and much slower even compared to the Corolla.
(* at highway speeds)
For the sake of numbers, we'll put about $2000 of petrol a year in the 'Grey Slug' Corolla, a Prius would be using about 55% of that and cost $1100.
Just in fuel and cost of the car-
In 5 years I would have spent $33,000 on the Slug
In 5 years I would have spent $44,500 on the Prius
In 10 years time, I would have spent $43,000 on the Slug
In 10 years time, I would have spent $48,500 on the Prius
In 15 years time, I would have spent $53,000 on the Slug
In 15 years time, I would have spent $54,000 on the Prius
Year 16, we actually are going to see a difference in them! Woohoo!
This isn't factoring in the higher interest rate of the loan taken out to buy the Prius, (I could probably categorically state the Corolla will still be running because anything that can survive HRH's demented driving in Sydney traffic will probably outlive a nuclear war) and it is also not factoring in the higher servicing costs for the 'exotic' mechanical systems in the Prius compared to the Slug which seems to run on petrol, oil and happy thoughts.
It is also not factoring in the price of petrol over the next 15 years because I'm not willing to forecast the costs with too many variables to take into account, but CPI for fuel usually runs at about 4-5% a year, assuming the yanks don't start shooting up the arabs for again for oil.
OR
I could just continue along buying 300+hp toys and not give a damn just like I do now, even my 'antiquated' one now gets 9.5L/100km at highway speeds. Course the hippies will have you believe that it runs on the blood of Panda's...
tl:dr
Hybrids are for retards until they lower the price
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