More expensive, but is it worth it

[writersblock]

Hybrid cars seem to be a bit more pricey then regular cars.

Do you think that with the rising gas prices, it is all going to even out in the long run~ or do you think gas prices will end up going down and we won't make up the difference?

[Agent Fred]

There's a couple other threads around here already that have run various maths. Yes, over the lifetime of the car, the cost of they hybrid will be recovered in fuel savings, assuming we don't drop back down to $1 (or even $2) a gallon gas.

[writersblock]

That is what I am thinking. I don't think we will drop down to $2 a gallon again ever, but what if it drops down to $3 a gallon. Then is it still a good deal?

[Agent Fred]

I doubt, at this point, we'll even see $3 a gallon ever again. But whether or not it's worth it? Here's a link with some numbers to consider. Its using 2005 numbers, so probably about $3 a gallon.

[writersblock]

Thanks for the link Agent Fred. It was very informative.

Off the subject, the gas prices dropped here today

[Jeremy LA]

Originally Posted by writersblock

Hybrid cars seem to be a bit more pricey then regular cars.

Do you think that with the rising gas prices, it is all going to even out in the long run~ or do you think gas prices will end up going down and we won't make up the difference?

Gas prices I think would never come to the price that is was before. However, in the long run, hybrid would of course make very large amount of savings. Say, 2 to 3 years. May it be in gas consumption, maintenance, tires, lubes etc.

[Ricardo]

I don't think we'll see significant drops in gas prices, and because of the oil supply and demand that we're still living with, I think we can expect more increases as things remain unstable in the Middle East.

[writersblock]

jeremy~ I guess I can see in the long run the savings would outweigh the extra that you are paying for the vehicle.

[faithib]

I'm also thinking that as they make more and more hybrids and eventually even make all car hybrids and none straight motors the cost will come down in hybrids as they become the norm.
What do you all think about that?

[Agent Fred]

Originally Posted by writersblock

Off the subject, the gas prices dropped here today

Yeah, here too ... by a couple pennies. Some stations are down to 3.99 or 3.98 a gallon (if you pay cash).