For car shoppers doing their math on lifecycle ownership costs, hybrid electric vehicles always present the challenge of being more expensive – maybe $5,000 more – than comparable non-hybrid models. High gasoline prices can help tip the scale in favor of gas-electrics, as do great loan and lease deals. Resale value is another factor in the equation, and several hybrid models, including a plug-in hybrid version, have been on the market long enough to show their long-term value.
Resale Value Awards
Which electric car will have the best resale value? According to Kelley Blue Book, that'd be the Chevy Volt. During an event in Los Angeles last night, KBB announced its best level guesses as to which 2012 models will be most appealing to used car buyers on some dusty lot in the future. Aside from the Volt, other green winners include the 2012 Honda Civic Hybrid (hybrid car category), the Lexus RX 450h (hybrid SUV) and the Honda Fit (subcompact). You can see the full list of winners in the press