Thursday, August 18, 2005

The Economics of Hybrids

I have always thought that hybrids were an interesting idea, but are they really economical?

According to a recent study by automotive research Web site that compared the break-even point of owning and driving a number of popular hybrids against conventional gasoline models, hybrid owners would have to drive thousands of extra miles or pay steep prices for gasoline to make up for the additional cost of a hybrid in five years or less.