Originally Posted by diyjake
Originally Posted by JimPghPA
The number of miles you have to drive a hybrid to financially be ahead of the game (realize a savings) varies depending on if it is mostly city, mostly highway, a mix of both city and highway, and the size of the vehicle. They really save money if use a lot in city driving. In general the smaller hybrids require you to drive 15K miles or more a year to realize a savings, and the larger the vehicle the more miles you have to drive to be saving money.
There are websites where you can look up different hybrid vehicles and find the number of miles you have to drive them per year to realize a savings.
Do you mind sharing the sites that you are talking about?
OP, with the way gas prices are dropping now a hybrid very well may not be a good choice.
If gas prices go back up and look like they will stay up then you might want to reconsider a hybrid if you are driving a large number of miles per year. You can do google searches for Hybrid payback miles and find many different sites to look at. Some of them are
www.fueleconomy.gov
money30.com/does-fuel-efficient- car-save-money
moneysmartguides.com/are-hybrid-cars-worth-the-price
there are many more. I did research on this about 5 years ago. Some of the larger vehicles like large luxury vehicles have an extremely long time that you have to drive them before you are ahead of the game (realize a savings). The smaller vehicle have a short amount of time you have to drive them before you are ahead of the game.
However the price of gasoline enters into the picture big time, and when gasoline prices are very low a hybrid is NOT a good choice. So until gasoline prices go back up you should not consider a hybrid.