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Honda Civic Hybrid
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Hybrid, Car
Honda Civic Hybrid
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Although this Honda hybrid doesn’t always get the most publicity, it always provides great value, and the 2008 model is no exception. The combination of a good price, low depreciation, and excellent fuel economy made this vehicle the Best Hybrid Value in America™, outpacing the rock star of the hybrid world – the Toyota Prius. The Civic’s strengths were evident across the board, as it showed to be a better value in all three annual mileage scenarios measured. |
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2008 Honda Civic Hybrid 4D Sedan |
Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
Depreciation: |
$4776 |
$2281 |
$2281 |
$2066 |
$1851 |
$13255 |
Fees & Taxes includes a Federal Tax Credit for Hybrids of $1050: |
287 |
88 |
92 |
80 |
85 |
$632 |
Finance: |
1347 |
1086 |
806 |
506 |
183 |
$3928 |
Fuel: |
1085 |
1123 |
1163 |
1205 |
1248 |
$5824 |
Insurance: |
1533 |
1516 |
1499 |
1480 |
1463 |
$7491 |
Maintenance: |
152 |
198 |
1123 |
359 |
231 |
$2063 |
Opportunity Cost: |
289 |
477 |
701 |
904 |
1121 |
$3492 |
Repairs: |
0 |
0 |
166 |
276 |
276 |
$718 |
Total |
$9469 |
$6769 |
$7830 |
$6876 |
$6459 |
$37403 |
*The data displayed here is for the specific model and trim identified. The award is based on an average of all trims combined as of January 2008. |
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