Wednesday, December 24, 2008

2010 Ford Fusion Hybrid: 52 mpg and the darkness before dawn

2010 Ford Fusion Hybrid: 52 mpg and the darkness before dawn - LA Times.

Better late than never! Now the question is how soon will the price of Oil increase, causing increased demand for this car.

The other problem is $25,000 for the car. You can buy a Corolla for $13,000. So $12,000 difference. Assume 20,000 miles driven per year. The payback period would be over 5 years is my guess (yes I feel a bit lazy). Assume $2/gallon gas and the Corolla gets 30 MPG. Fusion say 50 MPG. So every year the Corolla uses 666.7 Gallons, and the Fusion 400, difference is 266.7. So every year at $2 per gallons about $530 is saved. At $4 per Gallon, it's $1060. Which means a 12 year payback. Now if you compare it to a Camry, a different figure would come out with a shorter payback time.

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