U.S. Government Launches Hybrid Payback Site
May 21, 2012 5:08 PM
comment(s) - last by
The website offers fuel costs and MSRP of 18 2012-2013 vehicles
The U.S. government just introduced a new section to its FuelEconomy.gov website that allows consumers to compare the payback of
and their traditional gasoline counterpart.
The website offers fuel costs and MSRP of
vehicles. Consumers simply choose a hybrid model and move the sliders appropriately to see the payback period and fuel savings for that particular vehicle. The calculations are based on fuel prices, city-highway driving percentage and annual miles.
"Based on MSRP and fuel costs alone, hybrid vehicles can save you money versus a comparably equipped conventional vehicle," said fueleconomy.gov.
Some of the vehicles available on fueleconomy.gov are the 2012 Ford Fusion Hybrid, 2012 Toyota Prius C One, and 2013 Chevrolet Malibu Eco.
An example of the information that the website offers is a comparison of the 2012 Hyundai Sonata Hybrid and the gasoline-powered 2012 Hyundai Sonata SE. According to fueleconomy.gov, the hybrid Sonata costs $2,655 more than the conventional version and takes about 5.1 years to pay back.
The government is certainly looking to push consumers toward more fuel efficient vehicles, especially with the White House's recent
proposed 54.5 MPG CAFE requirement
for 2017-2025 model year vehicles. This standard would save customers $6,600 at the gas pump for the lifetime of a 2025 vehicle.
This article is over a month old, voting and posting comments is disabled
RE: Sample return
5/22/2012 4:13:30 PM
A Honda Civic would be a better comparison to the Prius. The Fit is much smaller. The Civic actualy has less interior room.
"And boy have we patented it!" -- Steve Jobs, Macworld 2007
UPDATED: Fed's Proposed 54.5 MPG CAFE Requirements for 2017-2025 Released
November 16, 2011, 4:30 PM
Chrysler CEO Says He is Being Forced to Go Hybrid to Meet 2025 CAFE Standards
October 20, 2011, 1:20 PM
Quick Note: GM Teases Next Generation Chevrolet Volt
November 20, 2014, 3:26 PM
Audi is Latest to Step Into the Hydrogen Game, Delivers A7 Sportback h-tron quattro
November 19, 2014, 1:41 PM
Toyota’s Mirai Hydrogen Fuel Cell Vehicle Priced from $57,500 in the U.S.
November 18, 2014, 10:23 AM
Honda Still Pushing Hydrogen, Introduces FCV Fuel Cell Concept
November 17, 2014, 8:27 AM
Ford Enlists Wind Energy Corp. to Provide Wind, Solar Energy to Four U.S. Dealerships
November 10, 2014, 10:58 AM
AutoNation CEO Calls Slams Michigan’s “Anti-Tesla Bill”, Chides Elon Musk
November 7, 2014, 6:52 PM
Most Popular Articles
Uber Exec Threatens to "Spend Millions" to Stalk Female Reporter and Her Family
November 19, 2014, 12:31 PM
Apple Replaces “FREE” Label with “GET” on App Downloads in iTunes App Store
November 19, 2014, 5:38 PM
Rand Paul Casts Crucial "No" Vote on Obama-Backed PATRIOT Act Renewal Bill
November 19, 2014, 5:15 PM
FTC Announces Crackdown on Computer Speedup/Tech Support Scams
November 20, 2014, 1:40 PM
Wal-Mart: Miss Thanksgiving, Get Xbox One + Master Chief Collection for $299
November 17, 2014, 9:40 PM
Latest Blog Posts
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information