Hybrid Savings Calculator

This calculator compares fuel costs between a hybrid vehicle and a conventional gas vehicle based on their respective fuel economies and your driving habits. It calculates annual savings and payback period for the hybrid premium.

1. 1

   Enter Annual Mileage

   Input how many miles you drive per year

2. 2

   Compare Fuel Economy

   Enter MPG for both the hybrid and comparable gas vehicle

3. 3

   Enter Fuel Price

   Input current gasoline price per gallon

4. 4

   Add Price Premium

   Enter the additional cost of the hybrid over the gas version

• 1

  Hybrids save the most in city driving where regenerative braking is most effective

• 2

  Higher annual mileage means faster payback of the hybrid premium

• 3

  Consider resale value - hybrids often hold value better in high gas price markets

• 4

  Plug-in hybrids offer greater savings if you can charge daily for short commutes

• 5

  Maintenance costs are similar to conventional cars despite the hybrid system

• Comparing hybrid to non-comparable gas vehicle (different size or features)

• Not considering that hybrids excel in city driving but advantage shrinks on highways

• Forgetting that hybrid batteries may need replacement in older vehicles

• Assuming current gas prices will remain constant for payback calculations