Saturday, August 1, 2009

Diesels Paying Back Quicker Than Hybrids, Edmunds.com Reports

With gasoline and diesel fuel prices staying low -- and uncharacteristically consistent -- as the
summer progresses, data analysts at Edmunds.com, parent of AutoObserver, did a recent crunch of the often-discussed payback times for the nation's two competing fuel-saving drivetrains: hybrid-electric and diesel-engine vehicles.
The latest round goes to diesel.
There are two factors currently working in diesel's favor. First, diesel fuel prices have dropped precipitously since last summer's explosion to $4 per gallon (and beyond) and normalized to pricing quite near regular unleaded gasoline.
Second, the price "premium" for diesel technologies is low -- and in a few cases, combines with federal tax credits to make the diesel-powered vehicle actually cheaper than a comparable gasoline-engine variant of the same model. For those vehicles, diesel engine payback time is immediate.

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