When it comes to cars, “going green” demands a lot of green.
Eco-friendly hybrids carry sticker prices thousands of dollars higher than their gasoline-only counterparts. Buyers also can no longer claim the federal tax credits offered in recent years to help bridge the gap. Of course, many hybrids boast outstanding fuel economy, which can combine with other factors, such as depreciation, to more than make up for the higher initial purchase price over the life of the car. (A calculator at Fueleconomy.gov shows car buyers how much they stand to save on gas.)