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Civic Hybrid vx Civic LX - How many miles before I break even?
How long it takes to make up the price difference on a Hybrid
The non-hybrid Civic is rated at 30 City/ 40 Highway. The Hybrid is rated at 50 both city and highway. So we’ll take the non-hybrid at an average of 35mpg and the Hybrid at 50mpg.
The non-hybrid Civic model that the Hybrid most closely competes with is the LX model. The MSRP on the Hybrid is $22,400 and it is typically selling for $2,000 over MSRP, but there is also a tax credit for 2006 on Hybrid vehicles so we’ll call it a wash and say the Hybrid sells at MSRP. The LX model with automatic has an MSRP of $17,869 or $4,531 less than the Hybrid. Dealers are typically more willing to deal on the LX than they are on the Hybrid, but we’ll leave that out of this equation. So we’re starting with a $4,531 deficit for buying the Hybrid (again, not figuring in the extra finance charges on that money if one were financing the purchase).
So how long does it take to recoup our more than $4,500 deficit? Read on ..
If gas costs $2.50 a gallon here’s how much the Hybrid recovers at a given mileage:
At 50,000 miles the non-hybrid has used 1429 gallons of gas, which cost $3572 while the Hybrid has used 1000 gallons of gas, which cost $2500. The Hybrid has recovered $1,072 at this point.
At 100,000 miles, the Hybrid has recovered $2,142
At 150,000 miles, the Hybrid has recovered $3,216
At 200,000 miles, the Hybrid has recovered $4,288
At 250,000 miles, the Hybrid has recovered $5,360
So at $2.50 a gallon, we’d have to drive about 211,000 miles to break even
If gas costs $3 a gallon, here’s the numbers: (We break even around 176,000 miles)
At 50,000 miles, the Hybrid recovers $1,287
At 100,000 miles, the Hybrid recovers $2,574
At 150,000 miles, the Hybrid recovers $3,861
At 175,000 miles, the Hybrid recovers $4,505
At 200,000 miles, the Hybrid recovers $5,148
This is assuming the batteries last long enough to not be a factor in this comparison