Tag Archives: Vincentric

Study: 40 Percent of Hybrids Cost Less To Own

A new report shows that 40 percent of hybrids cost less to own than their gas-powered counterparts despite an average cost premium of $3,722. The data analysis firm Vincentric studied 65 hybrid trims of 24 models and determined that hybrids are typically a better economic proposition despite an initially higher out-of-pocket cost. The analysis considered factors such as the current…

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Report: 40% of Hybrids Cost Less to Own than Gasoline Counterpart

Green Fleet Magazine reports that 13 of 33 hybrid vehicles have a lower total cost-of-ownership when compared to their all-gasoline counterparts. The findings were based on Vincentric’s 2013 Hybrid Analysis, which measures factors such as depreciation, financing, fees and taxes, fuel, insurance, maintenance, opportunity cost and repairs. The 13 hybrids with lower ownership costs included the Lexus CT200h ($6,300 savings) and…

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