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When Hybrids Do (And Don't) Make Sense

prostoalex writes "Recently NPR, CNN Money and Wall Street Journal Online have all dedicated some time and space to discussing hybrid vehicle pros and cons. It seems that hybrids do not make much financial sense if (a) you're buying after getting yourself into a debt with not really good interest on a car loan, (b) your battery requires replacement after being out of warranty, (c) your daily commute is not too long, so the price markup you pay for a hybrid does not translate into long-term gas savings." From the CNN article: "They may make a social statement you're interested in, but if you want to save money because of rising gas prices, you're heading down the wrong road, at least for now."

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  1. Re:Or maybe... by mfarver · · Score: 5, Informative
    "The batteries in hybrid cars are quite toxic"

    Not at all. The current generation of hybrids are all running Nickel Metal Hydride "D" batteries, which are pretty safe overall. See Panasonic's disclosure. The worst chemical in them is the Potassium Hydroxide... which you should avoid contact with but which is not generally considered toxic. (Like the lead used in convential starter batteries)

    You can simple toss NiMH batteries in the standard municipal waste stream, although recycling them is always a good idea.

    The batteries carry an extended warrenty, 7-8 years IIRC. Accelerated testing has shown that they will probably last considerably longer and the price for replacements has already fallen to about $1500.

    Buying a hybrid might be hard to justify financially (since the gas savings are unlikely to offset the price premium for a long while) but its still a good thing environmentally.