Edmunds.com Phil Reed interviewed on the quickly shrinking hybrid premium
Edmunds.com's Phil Reed says that the hybrid premium for cars like the Prius are quickly being wiped out (or, at least, reduced) by incentives and reduced prices (remember when you couldn't even pay sticker for one? Those days are gone). This is something we obviously follow regularly, so that shouldn't be news to regular readers. But now we're got some video to go along with the information. And, as gas prices continue to go up, whatever premium buyers paid up front shrinks even quicker. (Sorry, there's a sponsor message before the ~4 minute video).
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models