Buyers Saving Sooner on Hybrid Cars

Buyers Saving Sooner on Hybrid Cars

If you've been toying with the idea of buying a hybrid car, the cost equation is tilting in your favor.

Until recently, buying a hybrid meant you were willing to shell out for a pricier car because you believed in helping the environment or because you liked to own the latest high-tech gadget. Auto-research firms found it could take up to 15 years, depending on the model, of gasoline-pump savings to offset hybrids' higher sticker price.

But now it's taking less time to break even, thanks to car makers' new deals on hybrids. Right now, the average incentive for hybrid models is about $1,638, according to Edmunds.com.

Read more.

To bear this out, a friend of mind just traded in his BMW for a Prius. I'd like to think I had something to do with that decision. We had just talked about the Prius the night before. He test drove the Camry Hybrid and the Prius and liked the Prius better. He got the car for $3,500 under MSRP. The #6 package is being discounted by Toyota $2,000 and he also used the $1500 Costco discount. I got to hand it to Mike, he is much better at negotiating deals than I ever will be.

You can check out the discounts by clicking the link below.
Click here.