Study on hybrids and clean diesels having cheaper price of ownership rates and not simple gas autos

Posted on Friday, 10 July 2009 , 14:07:50 byEmil

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Study on hybrids and clean diesels having cheaper price of ownership rates and not simple gas autos

IntelliChoice... looking at this year unit diesels and hybrid cars found this: after 5 years or... 70,000 miles, the powerfactories cost is less than those simple ICEs. Overall... maintenance prices, resale value and... fuel savings. Since clean diesels and hybrids are made, sold as top-in-line units, IntelliChoice affirms, they are keeping their value of resale up. And of the 51 vehicles tested... 35 'deliver a cost-of-ownership that is somewhat or significantly lower than gasoline versions of the same vehicle' said James Bell, IntelliChoice editor. Bell... singled out Mercedes Benz E320 and VW Jetta TDI as diesel autos that 'perform even better than hybrids in saving thousands of dollars in costs and recouping their purchase premium'.

'The survey this year once again supports what we have long argued-that most hybrid vehicles and now clean diesel vehicles offer superior value to standard models' affirmed James Bell, IntelliChoice.com editor. 'Of the 51 hybrid and clean diesel models now on the market, 35 of them deliver a cost-of-ownership that is somewhat or significantly lower than gasoline versions of the same vehicle. The long-time knock against 'green' cars, trucks and SUVs is that their sticker prices do not justify the gas savings. The point we make is that it is not just about fuel. Buyers also need to consider costs such as maintenance and resale value'.

Bell continued 'The Obama Administration's recent announcement of unified and aggressive standards on Fuel Efficiency and CO2 Emissions puts even greater focus on the 'green' vehicles in our study. Many of the vehicles listed here will be 'make or break' efforts for their manufacturers as they work to meet new standards by 2016. In many cases, these vehicles already meet and exceed the standards'.


'Clean diesel cars like the VW Jetta TDI and Mercedes Benz E320 perform even better than hybrids in saving thousands of dollars in costs and recouping their purchase premium' affirmed Bell. 'Make no mistake that clean diesel cars are now mainstream. The Obama Administration needs to reexamine the legacy of higher tax rates on diesel fuel, which were set long before the switch to the low sulfur formulation required for general consumer use. The time has come to put diesel on a level playing field with gasoline. The Administration could even promote it with lower taxation as is done in Europe'.

'No surprise here. The Toyota Prius, Honda Civic Hybrid and even small SUVs like the Ford Escape Hybrid save their owners thousands of dollars over five years. When you begin to move into the larger vehicles, especially big SUVs, you may pay a few thousand dollars more in ownership costs for hybrid cars and clean diesel versions' stated Bell.

'The survey uses a six-month running average of $3.20 per gallon in factoring fuel costs. We expect that gas prices will eventually go up, which increases the savings for hybrid car owners'.

'Buyers should keep in mind that automakers treat their hybrid and clean diesel models as top-of-the-line products. As such, they are usually loaded with options, and are usually equivalent to the fully loaded versions of gas-powered models. This is because automakers will throw in extra features to justify higher prices'.