Hybrid and Plug-in Hybrid (PHEV) vehicles have been around long enough now that we are starting to get some really useful- and encouraging- data on their value as used vehicles.
Hybridcars.com recently wrote an excellent article on the bargains available when looking at used plug-in vehicles. Even with large federal rebate incentives (up to $7500), the new prices on these vehicles can still keep them out of the affordable range for many consumers. Since many manufacturers are offering excellent lease deals, there are many more of them coming back into the used market, making them more affordable.
According to the article, a "near-new" Nissan Leaf averages just $12,533, compared to the new cost of roughly $30,000, which includes the $7500 federal rebate incentive.
Hybrid cars are also some of the fastest-selling vehicles on the market, though, so buyers need to active if they are looking for a specific model. The Toyota Prius, for example, is the fastest-selling car on used dealer lots, with an average selling time of just 19.7 days, which is twice as fast as the average for a near-new car.
We have a great selection of pre-owned hybrid and plug-in hybrid vehicles here at Driver's Coice. Take a look at our inventory and schedule a test-drive today.
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