Tim Kuniskis, head of passenger car brands for Fiat Chrysler, poses with the 2017 Chrysler Pacifica Hybrid, at the North American International Auto Show at Cobo Center in Detroit, Michigan, USA, 11 January 2016. Auto manufacturers from around the globe come to show off their latest models and concepts. EPA/TANNEN MAURY

Tim Kuniskis, head of passenger car brands for Fiat Chrysler, poses with the 2017 Chrysler Pacifica Hybrid, at the North American International Auto Show at Cobo Center in Detroit, Michigan, USA, 11 January 2016. Auto manufacturers from around the globe come to show off their latest models and concepts. EPA/TANNEN MAURY

Are hybrids worth the cost?

Hybrids — which have both an electric motor and a gasoline engine — cost $1,200 to $15,000 more than conventional vehicles

Hybrid cars are taking up a growing share of new auto purchases as options increase and prices come down. But to figure out if a hybrid makes financial sense, consumers need to do some math.

Hybrids — vehicles with both an electric motor and a gasoline engine — cost anywhere from $1,200 to $15,000 more than their internal combustion cousins.

For example, the price difference between the hybrid and the regular 2019 Toyota Rav4 sport utility vehicle is about $1,400. But the 2019 Mitsubishi Outlander plug-in hybrid SUV starts at about $44,000, while the gas-powered version starts at $30,000.

“The number of compromises that you have to make can be very significant. And yet you pay more,” said Dennis DesRosiers, an industry analyst and president of DesRosiers Automotive Consultants.

He cited everything from a bigger price tag to smaller trunk space.

Virtually every major update to a given gas-powered model produces an engine with 20 to 40 per cent more fuel economy, he said.

“The new Ford F-Series pickup truck was 35 per cent more fuel-efficient than the old one, so that’s more cash in your wallet.”

Hybrids also often have higher insurance premiums because they’re worth more than the gas-only versions.

The price of gas is a major factor. If you live in Vancouver, savings with a hybrid may be greater due to an average price of $1.35 per litre, according to GasBuddy.com. Gas costs an average of $1.13 in Ontario and $1.19 in Quebec.

Other key variables include location and driving habits. Hybrids generally save the most money for city drivers, where commuting distances tend to be shorter and stop-and-go traffic would suck up more gas.

ALSO READ: No crude, but still rude: BC Hydro survey reveals conflict at electric vehicle charging stations

British Columbia and Quebec also offer rebates on plug-in hybrids, making the green option more appealing.

Hybrids come in two basic types: Self-charging “mild” hybrids and plug-in electric vehicles (PHEVs). The self-charging variety draws on an electric motor for some acceleration and recovers energy while braking. Big-battery PHEVs run for 30 to 60 kilometres on electricity and recharge at an electrical outlet.

Matthew Klippenstein, an engineer who assists Electric Mobility Canada with its market analysis, said the longer you own your vehicle, the more you’ll drive and the more you’ll save.

That’s especially true, he said, for thirsty pickup trucks like the Ford F-150, on track to be Canada’s top-selling vehicle this year and, starting in 2020, one of the roughly 40 models that come in electric form.

“Yes, the plug-in hybrids or all-electric vehicles do cost more, but typically what the automakers have done is stagger their pricing, so that the high-end, all-gasoline version will be not too much less than the entry-level electric version,” Klippenstein said.

“Almost no one really buys the bare-bones combustion version. And realizing that there’s a higher price point, automakers tend to stuff in more features for hybrids.”

One way to calculate if a hybrid will save money is to divide the purchase price by the estimated difference in annual fuel cost. The final figure is the number of years needed to recoup the higher up-front cost.

The formula includes the kilometres per year, proportion of city driving, gas price and cost of electricity. For example, the Rav4 hybrid SUV could take less than four years to make up its extra cost in gas savings, assuming the buyer drives about 20,000 kilometres per year, with slightly more city driving than highway in Ontario.

To compare vehicles, drivers can head online to Natural Resouces Canada’s fuel consumption ratings search tool.

Consumers may also want to consider benefits outside of price.

A lower carbon footprint, whether your residence has a garage to plug in a PHEV, and access to HOV lanes and priority parking for zero-emissions vehicles might all be considerations.

“If you’re in a two-car family, then … I’d suggest that the main commuting vehicle could become an electric vehicle … because you’re likely not going to use it more than 100 kilometres on a day,” Klippenstein said.

Plus, he said, electric vehicles are a better ride.

“They’re quieter, they’re much torque-ier, they’re a lot more fun, basically.”

Christopher Reynolds, The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Richard Desautel with supporters outside the courthouse in Nelson, B.C., in 2016. Photo: Bill Metcalfe
BREAKING: Sinixt win historic decision at Supreme Court of Canada

The decision essentially reverses a 1956 declaration the Sinixt were extinct

Mark Skage and his son Mica during the filming of a West Kootenay episode of Start ‘em Young. Photo: Submitted
TV show films West Kootenay hunting trip

Start ‘Em Young aims to encourage kids to get out in the wilderness

Kimberley case counts not at the point for 18 years and older community vaccination, says Interior Health. (File photo)
Many factors considered for smaller community-wide vaccination: Interior Health

East Kootenay resort town’s COVID-19 situation not at the point of community-wide vaccination, say officials

A woman wears a protective face covering to help prevent the spread of COVID-19 as she walks past the emergency entrance of Vancouver General Hospital in Vancouver, B.C., Friday, April 9, 2021. THE CANADIAN PRESS/Jonathan Hayward
54 more cases of COVID-19 in Interior Health

Thirty-two people in the region are in hospital with the virus, 11 of them in intensive care

While pharmacies across B.C. are using AstraZeneca for public immunizations for people 40 years of age and older, there is no availability currently in the Kootenays. (AP Photo/Frank Augstein)
No AstraZeneca vaccine availability in Kootenay pharmacies, says Interior Health

Vaccine has been opened up at pharmacies in other areas of the province to people 40 years of age and older

Canadian Prime Minister Justin Trudeau and United States President Joe Biden smile as they say farewell following a virtual joint statement in Ottawa, Tuesday, February 23, 2021. THE CANADIAN PRESS/Adrian Wyld
Trudeau pledges to cut emissions by 40% to 45% by 2030, short of U.S. goal

Trudeau announced target during a virtual climate summit convened by U.S. President Joe Biden

MLA Shirley Bond, right, answers questions during a press conference at Legislature in Victoria, B.C., on February 19, 2019. THE CANADIAN PRESS/Chad Hipolito
Former B.C. gaming minister says she wasn’t told directly about dirty cash flowing to casinos

Shirley Bond said Thursday civil forfeiture, gang violence and gambling addiction were also major concerns in 2011

RCMP Constable Etsell speaks to tourists leaving the area at a police roadblock on Westside Road south of Fintry, B.C., Thursday, July 23, 2009. THE CANADIAN PRESS/ Yvonne Berg
B.C. police say they take ‘exception’ to conducting roadblocks limiting travel

Asking the police to enforce roadblocks exposes officers to further risk and possible COVID-19 infections, says federation president Brian Sauve

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

As part of the province’s strategy to combat the opioid overdose crisis, take-home naloxone kits have been distributed throughout the province. (Courtesy of Gaëlle Nicolussi)
Vancouver Island could be at its worst point of overdose crises yet: medical health officer

Island Health issued overdose advisories for Victoria, various communities in the last two weeks

BC Hydro released a survey Thursday, April 22. It found that many British Columbians are unintentionally contributing to climate change with their yard maintenance choices. (Pixabay)
Spend a lot of time doing yard work? It might be contributing to climate change

Recent BC Hydro survey finds 60% of homeowners still use gas-powered lawnmowers and yard equipment

Journal de Montreal is seen in Montreal, on Thursday, April 22, 2021. The daily newspaper uses a file picture of Prime Minister Justin Trudeau dressed in traditional Indian clothing during his trip to India to illustrate a story on the Indian variant of the coronavirus. Paul Chiasson/The Canadian Press
Montreal newspaper blasted for front-page photo of Trudeau in India

Trudeau is wearing traditional Indian clothes and holding his hands together in prayer beside a caption that reads, ‘The Indian variant has arrived’

Nanaimo RCMP say a man was injured while pouring gunpowder on a backyard fire in Harewood on Wednesday, April 21. (File photo)
Nanaimo man hospitalized after pouring gunpowder onto backyard fire

RCMP investigating explosion in Harewood also came across a still for making alcohol on property

Most Read