March 8, 2006
Consumer Reports corrects hybrid financial analysis; Prius and Civic hybrid recover price premium
Yonkers, NY – Consumer Reports is revising the cost analysis in a story that examines the ownership costs and financial benefits associated with hybrid cars. The story, titled “The dollars and sense of hybrids,” appears in the Annual April Auto issue of CR on newsstands now.
CR’s revised analysis shows that two of the six hybrids recovered their price premium in the first five years and 75,000 miles of ownership. The Toyota Prius and Honda Civic Hybrid provide a savings of about $400 and $300, respectively, when compared with their all-gas counterparts