Honda Civic Hybrid

Hybrid, Car

Honda Civic Hybrid

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.
 

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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