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Old 08-31-2005, 12:16 PM   #21 (permalink)
jorgelito
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Quote:
Originally Posted by Ustwo
From what I've been told the hybrids have been selling out for quite a while, what they really need to do is get the costs down on them so that a 'normal' car is a lot closer in price to a hybrid.

As of my last check a few months ago a hybrid was running about 10k more than a normal car of equal features. Thats a nice chunk of change. I worked it out and at the gas prices then it would take me something like 6 years of driving my TAHOE (read guzzler) to equal that 10k and 'break even' with a hybrid.

Thats not good economics.
I agree. Politics aside, this is an excellent point. I don't understand with the high demand for hybrids why aren't they (car manufacturers) making more to meet demand. I'm no economist but I always thought that as demand increases and price increases, producers get real excited and increase supply to meet that demand. It doesn;t seem tobe happening here.

What I really don't get is why there are mass incentives to buy big SUVs (tax credit of up to $60,000? right?) but only a one-time tax credit of $1500 if you buy a hybrid or something like that. I've been scratching my head over that one.

Anyways, I suppose I would love to buy a hybrid but the economics really doesn't make sense at all.
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