- First Name
- R
- Joined
- Sep 1, 2023
- Threads
- 13
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- 806
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- 1,104
- Location
- California
- Vehicle(s)
- 2024 Maverick XL 2.0 AWD 4K CP360
- Engine
- 2.0L EcoBoost
- Thread starter
- #1
Back in the day, when Hybrids were really expensive and the batteries didn't last more than 5 years, I ran the numbers and told my wife she couldn't have a Prius. After all, $10,000 dollars could buy a lot of gas and I would have a car that would last twice as long. Fast Forward to 2022, cars are more expensive, used cars cost more than new, and I have an aged Chevy Cruze with a 1.8 1.4 liter turbo engine that is looking like it is not going to make my 250,000 mile estimate when we purchased it. I ran the numbers again, and they made sense. In fact, it was cheaper to buy a new Prius than a used similar conventional drive vehicle. My wife drives about 80 miles a day, and although the Cruze was averaging about 38mpg, the 57 mpg advertised of the Prius is a major plus (We average 61). We hit the jackpot, and a Prius was available that was just put on the boat from Japan that was almost exactly what we wanted. We reserved it from the dealership and we sold the 2009 Silverado that averaged 15 mpg and I have been limping along in my Cruze along since then (I drive 18 miles a day). Finally go to the point where I am ready (and able) to order my Maverick and my wife and I sat down to discuss what to buy. We decided to go with the EcoBoost with 4K to tow our travel trailer. We thought long and hard about selling the travel trailer and getting the hybrid, but once the price jumped on the Hybrid we finalized our decision to keep the trailer and get the EcoBoost.
So... There is my back story.
On to the numbers question. Back when Hybrids first came out, the price increase for a hybrid that didn't help the mileage much (Most were a 13 HP Equivalent Electric motor ran off a belt on the Engine) there really weren't any financial benefits of having a hybrid. But I ran the numbers today, based on the EPA Combined MPG and was actually shocked on the number of miles that it would take to "Break Even" with the increased cost of the Hybrid drivetrain. Here is what I came up with.
Don't know why it matters since I already ordered my EcoBoost, but for those of you that are thinking that the price increase for the Hybrid makes it not worth it, it is still a cheaper truck to own in the long run.
So... There is my back story.
On to the numbers question. Back when Hybrids first came out, the price increase for a hybrid that didn't help the mileage much (Most were a 13 HP Equivalent Electric motor ran off a belt on the Engine) there really weren't any financial benefits of having a hybrid. But I ran the numbers today, based on the EPA Combined MPG and was actually shocked on the number of miles that it would take to "Break Even" with the increased cost of the Hybrid drivetrain. Here is what I came up with.
| Hybrid - 37MPG Combined | EcoBoost - 25MPG Combined | Difference in Price Per Mile | Miles to "Break Even" | |
| $6/Gallon | 16.22 cents per mile | 24 cents per mile | 7.78 cents | 19,280 |
| $5/Gallon | 13.51 cents per mile | 20 cents per mile | 6.49 cents | 23,112 |
| $4/Gallon | 10.81 cents per mile | 16 cents per mile | 5.19 cents | 28,901 |
| $3/Gallon AKA Lucky SOBs | 8.11 cents per mile | 12 cents per mile | 3.89 cents | 38,560 |
Don't know why it matters since I already ordered my EcoBoost, but for those of you that are thinking that the price increase for the Hybrid makes it not worth it, it is still a cheaper truck to own in the long run.
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