His 70/30 scenario looks pretty applicable to me with about $800 per year of savings. But in the past most hybrids have been priced at a point where this type of analysis shows the gasoline cost savings are actually less than the premium paid for buying a hybrid. Yet people have been buying them anyway, because for some it's just a feeling of doing their part to save gas. The Maverick finally provides a clear financial benefit, even if isn't Earth shattering. Also, the analysis should include saving the additional cost of the Ecoboost engine, since the hybrid is the base choice.People's perception of savings is obviously subjective but your analysis does confirm one thing for me: looks like the savings for the "typical driver" could break out to right at about a buck or two a day, which is PERFECTLY in line with the "price of a cup of coffee per day" comparison I've used borderline ad nauseum to make this point. Nice to see some more corroboration and thanks for throwing that graph together!
While I agree that any kind of savings are nice (I'm a warehouse/Costco shopper at heart), it's still a buck or two a day. The average person would find WAY, WAY more financial relief by cutting out a couple restaurant trips a month or any of a thousand other tweaks. Of course, by all means, if you've already cleaned up all the other areas of your finances, tweak away and be excited beyond belief for that extra buck or two a day. But given the debt load/overall financial situation of the average person these days, I believe those folks are few and far between.
At the end of the day, I just feel sorry for anyone who thinks that moving to a hybrid will be some panacea for their finances. For the average person, it just won't be. And I really understand how easy that would be because I fall victim to that type of thinking more often than I'd like to admit. I'll still occasionally get hit with the impulse to drive a bit out of my way to the "cheaper gas stations" when I see a frustratingly high gas price until I think to myself "dude, all that effort to save $2? WTF are you thinking!".
And so ends WAY, WAY more words than I ever thought I'd type on the subject of "hybrid pocketbook implications". ~fin
Sponsored