Compared to their gasoline-powered counterparts, hybrid will hold less of their value over the long term, a new report finds. The study — which estimated the value 17 2008 hybrids models after 36 months — found that while hybrids will be worth more after three years — due to their higher initial price — they actually retain a smaller percentage of their original sticker.
According to Automotive Lease Guide, the company responsible for the report, the only hybrid with a higher residual than its gasoline-only model after three years is the Ford Escape Hybrid — true for both two and four-wheel drive configurations.
However, for most hybrids, this is not the case. The study found that after three years, a four-door 2008 Civic EX Hybrid — which stickers for $23,195 — will retain 58% of its original sticker price. In contrast, the gasoline-only version of the Civic — costing $20,105 — will retain 60% of its value.
John Blair, CEO of Automotive Lease Guide, says the discrepancy in residual value is because the average used car buyer is more concerned with price rather than long-term fuel economy or environmental issues. “When you look at the (Honda) Civic Hybrid and how much money it’s going to save you a year gas-wise, the numbers aren’t staggering,” Blair told Automotive News. “The used-car buyer is looking at it from a different angle.”
According to Edmund’s executive director of industry analysis, Jesse Toprak, the future of alternative fuels also causes buyers to be cautious when evaluating current technologies. “Hybrids are the only alternatives in the marketplace” now, Toprak says. “But five years from now, the landscape might be entirely different.”



10/15, 2:05 PM
posted by:
maximus
BORING!!!!
10/15, 2:08 PM
posted by:
autonut
I got nervous for hybrids for a moment: in Honda’s case it is 58% vs. 60% of value. I wonder what retail value other cars in class are holding. If they all hold 59% of value Honda is in real deep xxxx.
10/15, 2:10 PM
posted by:
67_L-88
It could also have something to do with people being afraid of the batteries being shot after 160,000 km or so.
10/15, 2:18 PM
posted by:
autonut
Those batteries make as much sense in Europe (as well as hybrids themselves) as tits on the bull. In US if you want something fuel efficient this is the only choice. There are no diesel cars sold in US in 2007.
10/15, 2:23 PM
posted by:
RicardoHead
They need to back out of the 3 years’ minimal gas savings the $500 relative value drop PLUS additional cost of hookers you will need because no desirable woman anywhere is gonna bang a guy driving a hybrid, so if you want your jollies you’ll be paying.
Mix in all that and hybrids cost you thru the nose, in addition to having those batteries rotting in rivers in Bangladesh killing kids. Good to know, however, that Ford beat out Honda in this article.
10/15, 2:23 PM
posted by:
tripleonefive
LOL I’ve turned this site into a Japanese bashing website I love it! They are so desperate to advertise for GM and print negative articles about the Japanese.
LLN Its easy to fool these people in here but consumers know the truth. Those check from GM must be sweet!
10/15, 2:24 PM
posted by:
Aston Martin
Hybrids are also not that economical (45mpg isn’t that impressive) and their batteries are very ungreen when it comes to mining, shipping, recycling and producing them.
10/15, 2:33 PM
posted by:
6ix
Autonut…actually, 58% is really good residual. Anything above 50% is good.
10/15, 2:36 PM
posted by:
Blakkarr
There is also the the fact that the technology is being outdated almost as fast as a desktop computer’s. Typical ICEs don’t change as fast and so aren’t so effected.
Come back in three years and someone will make a better hybrid. Just word that the VOLT is coming must have taken a chunk out of the resale value from every Hybrid currently out there. Early adopters must feel burned when they can’t get as much, even on trade, for their hybrids. I suspect that VOLT buyers will feel the same way… although the big difference is that the VOLT will not be competing against a normal ICE version of itself.
I imagine that the Prius does not have a problem because it is Hybrid Only. But does still come off as hugely “nitch” being much more expensive than a comparable ICE vehicle. TOYOTA has been very wise not to push the Corolla to help avoid this woe.
10/15, 2:43 PM
posted by:
nerfer
Note that Prius wasn’t part of this study, since it doesn’t have a sister gas-only model for comparison. It’s hard to find a 3-year old Prius for less than 75% of new.
RHead, Aston Martin – Thanks for perpetuating baseless myths – hybrid batteries are every bit as recyclable as standard lead-acid (and less toxic), and probably more likely to be recycled rather than sit along the driveway of some hillbilly’s yard like so many lead-acids. So much more nickel is used for chrome and stainless steel in the auto industry that nickel use in NiMH batteries is really a non-issue.
10/15, 2:44 PM
posted by:
A4
look at how much diesels retain their value, VW TDI’s, MB CDIs, and Powerstroke/Duramax/Cummins HD pickups all retain their value to a rediculous degree.
10/15, 2:47 PM
posted by:
A4
In fact, ive seen multiple MKIII Jetta TDI’s, around 97’s or so, 10 years old, going for $8000-9000 dollars, which im guestimating is about 50% of their original sticker.
10/15, 2:57 PM
posted by:
CTS DRIVER
hybrids in general 1115, that also means saturns poor excuses for hybrids too and dont forget the escape neither, both are american. get out of your tiny little world man, nobody above you bashed the japaneese, most people like some japaneese cars, you are one of a kind. seriously you have nothing positive to say, it would be nice if you joined us instead of constantly bashing gm, you are a little to one sided sometimes, get over yourself.
10/15, 3:01 PM
posted by:
autonut
Ricardo, most of good looking and intelligent women are environment consciouses. They may be lucking tattoos to your taste, but I doubt that guy driving hybrid will have problem scoring with a chick nowadays. Most of chicks don’t give a xxxx about cars and gears. Ergo, if you’re looking for sign of intelligence with vagina switch your story; for a collection of tattoos and no panties stay the course.
10/15, 3:19 PM
posted by:
Commodore
1115 – they are ****in reporting the news!! Go to other websites across the internet and you will see that they are reporting the SAME THING, because its true.
Is that what you will do every time something bad comes out against Japan and good for FORD (how is this advertising GM again?)? You will just suggest that there is another conspiracy..its really sad that it has come to that because you can no longer defend your point.
10/15, 3:30 PM
posted by:
frankhoffy
This report brought to you by Halliburton
10/15, 3:35 PM
posted by:
LP640
REALLY????? NO **** !
10/15, 3:36 PM
posted by:
A4
looks like his comment was deleted so **** YOU ****ING MODERATORS
10/15, 3:42 PM
posted by:
Impulsive
1115 is an import monkey.
10/15, 3:44 PM
posted by:
RicardoHead
Autonut likes brainiac butchies with hairy pits and legs.
Go figure …
10/15, 3:46 PM
posted by:
The Stig
As A4 says, if you want to retain value, [try] get a diesel.
10/15, 5:27 PM
posted by:
jackjimturkey
Certain hybrids actually do better in Cali.
Resale value is theoretical at best
Tripleonefluffer: Subject-verb agreement.
Impulsive: Stop insulting Monkeys!
10/15, 6:31 PM
posted by:
1c3d0g
Uhm, duh!?!
Hybrids suck big time. All those stupid batteries have to be replaced down the line anyway and the environmental mess they create is worse than the meager savings they appear to bring. You’d have to be a dork not to understand this.
10/16, 12:58 PM
posted by:
sharpie
“1115 is an import monkey” and it’s time for his rabies shot.
10/16, 2:24 PM
posted by:
jackjimturkey
Stop insulting monkeys!
10/16, 8:00 PM
posted by:
1c3d0g
LMAO…you guys are “unique”, to say the least…
10/17, 1:57 AM
posted by:
tripleonefive
Its time for a rabies shot stop insulting monkeys lol
Calling me a monkey wont make the domestics better guys. Also I think you guys can come up with something more original …or maybe not.
If you like domestics you are more than likely a dolt anyway
10/17, 11:38 AM
posted by:
jackjimturkey
Calling you a monkey will accomplish nothing but insulting monkeys.
Now, calling an acord a luxury car … that’s a symbol of doltishness