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If you have to replace or have been wanting to replace a car go for it. You were going to spend the money anyway. Spend a bit more now, save over the long haul. and if prices go back up, because yes they will. You will already be prepared. Yes, it is worth it. We did it in 2001, gas then was $1.79. So when we hit the $4 mark we saved more than we expected. So we did do it for several reasons 1) to replace our car for gas economy 2) For the environment 3) to support the industry in the direction we wanted it to go in and 4) to do our part in economic recovery because we could. This past year we went even a step farther and bought a plug in electric vehicle for use to and from work and local errands in our middle of no where, self contained community. Our vehicle is not a neighborhood vehicle and can go on all roads that it can match the speed limit. (I wouldn't drive it on the interstate.) We are a city with no suburbs, but small country towns are a bit out of the city. And we did it for the same reasons, however there was greater stress on #3. No it isn't a sweet Tesla, but it serves our needs in our community. One must use several factors in making and weighing decisions. Sometime the numbers just aren't enough.
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Source(s):
http://www.greencar.com/features/will-hybrids-pay-off/
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Answered Question
M$2
December 11, 2008 08:18 PM
Despite the recent gas price decrease (and economy crunch) do you think it's worth getting a hybrid?
I eventually want to downsize my car, but hybrids are more expensive. Do you think the long term benefits (less gas usage, better for environment) are worth it despite the fact the price of gas has gone down?
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Best Answer Chosen by Asker
| December 11, 2008 09:07 PM |
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• Both answers were good, but Nyssa's answer won because I felt that the quote Cynthia provided from her link was a little misleading after reading the article. While the article did state that, the overall impression was different. I also liked Nyssa's use of personal information.
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Other Answers (1)
December 11, 2008 08:23 PM
The answer varies on the type of car, cost, how long you plan to keep the car, mileage and government incentives. According to one calculation...it would take 86,000 miles on a Honda Civic to break even if gas cost is $4 per gallon.
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