The demand for hybrid cars has increased drastically worldwide over the last few years, as these vehicles help check petroleum costs and save the environment by minimising carbon footprints.
Some countries have even set up public charging stations, where electric cars can be recharged. But interestingly, a study conducted by automotive research company Vincentric revealed that only 13 out of 33 hybrid vehicles surveyed had cost of ownership numbers that were less than the all-gasoline powered counterparts.
Here are top 10 most cost-effective hybrid cars according to Vincentric:
1. Lexus CT 200h: It is the most cost-effective hybrid with a $6,379 (approximately ₹398528) saving in five years as compared to the Lexus IS 250. Its base price is cheaper by $838 (approximately ₹52354) than Lexus IS 250 and fuel savings is estimated at $6,154 (approximately ₹384471) in five years.
2. Lincoln MKZ Hybrid: Savings in five years is $4,778 (approximately ₹298505); base price costlier than Lincoln MKZ by $450 (approximately ₹28113); fuel savings is $4,818 (approximately ₹301004).
3. Audi Q5 Hybrid: Savings in five years is $3,805 (approximately ₹237717); base price cheaper than Audi Q5 by $594 (approximately ₹37110); fuel savings is $3,190 (approximately ₹199295).
4. Mercedes-Benz S Class Hybrid: Savings in five years is $3,283 (approximately ₹205105); base price cheaper than Mercedes-Benz S-Class by $2,489 (approximately ₹155500); fuel savings is $2,475 (approximately ₹154625).
5. Toyota Avalon Hybrid: Savings in five years is $2,222 (approximately ₹138819); base price costlier than Toyota Avalon by $2,806 (approximately ₹175304); fuel savings is $4,526 (approximately ₹282761).
6. Hyundai Sonata Hybrid: Savings in five years is $1,674 (approximately ₹104583); base price is costlier than Hyundai Sonata by $1,937 (approximately ₹121014); fuel savings is $2,714 (approximately ₹169557).
7. Toyota Prius v: Savings in five years is $1,528 (approximately ₹95461); base price costlier than Toyota Matrix by $5,042 (approximately ₹314998); fuel savings is $5,270 (approximately ₹329243).
8. Volkswagen Jetta Hybrid: Savings in five years is $1,487 (approximately ₹92900); base price is costlier than Volkswagen Jetta by $1,832 (approximately ₹114454); fuel savings is $3,781 (approximately ₹236217).
9. Honda Insight: Savings in five years is $1,079 (approximately ₹67410); base price is cheaper than Honda Civic by $54 (approximately ₹3373); fuel savings is $2,213 (approximately ₹138257).
10. Ford Fusion Hybrid: Savings in five years is $803 (approximately ₹50167); base price is costlier than Ford Fusion by $4,522 (approximately ₹282511); fuel savings is $4,977 (approximately ₹310938).