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EPA: 9 years to pay back Prius, hybrid premiums
Here's another story in today's Globe that will raise the neck hair on Prius drivers. According to the Environmental Protection Agency, at today's gas prices it would take more than nine years to pay back the average $4,000 premium on a hybrid car, as opposed to only four years when gas prices soared over $4 per gallon.
Reporter Erin Ailworth found, unsurprisingly, that most Prius owners weren't second guessing themselves. Neither are other manufacturers, as Ford and Honda prepare their hybrid assaults early next year.
- For a quick graphic overview, click here.
- Go to the IRS site to see the latest federal tax credit information on 2009 and older hybrid (and diesel) models.
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about boston overdrive
Boston.com reports the latest trends, auto shows and wrings out the newest cars in our city's hellish maze - and across the great roads of New England.
Clifford Atiyeh edits the Cars section on Boston.com and is an automotive correspondent for The Boston Globe. He has spent his entire life driving cars he doesn't own.
In the garage: 2008 MBTA Zone 1A monthly pass, 1995 21-speed Iron Horse. Bill Griffith is an automotive correspondent for The Boston Globe and has reviewed cars for 10 years. He was also the Globe's assistant sports editor for 25 years and the paper's sports media columnist.
In the garage (over the years): 1956 T-Bird, 1959 Nash Metropolitan, 1980 El Camino, 1997 supercharged Camry TRD.
In the garage: 2008 MBTA Zone 1A monthly pass, 1995 21-speed Iron Horse. Bill Griffith is an automotive correspondent for The Boston Globe and has reviewed cars for 10 years. He was also the Globe's assistant sports editor for 25 years and the paper's sports media columnist.
In the garage (over the years): 1956 T-Bird, 1959 Nash Metropolitan, 1980 El Camino, 1997 supercharged Camry TRD.
