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Originally Posted by Daox
Your comparing a smaller used car to a larger brand new car.
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Exactly. I'm making a financial comparison. Which is the best for the buyer.
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Also, with gas prices increasing you'll see faster payback times. The stats I've seen by Intellichoice show payback as being around 5 years. Of course this varies quite a bit depending on what companies have tax incentives left yet. Also, the payback times don't include any of the other benefits that are included by purchasing a hybrid such as emissions reduction.
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I agree that higher gas prices will make the payback for the hybrid that much faster. But the comparison also applies to any new car made by the major auto makers, just with slightly smaller numbers.
As for other factors, the used car usually wins there, too.