Does anyone know a formula or calculator that you can use for calculating the break even point for buying a petrol vs hybrid car.
The price difference seems to be huge between the 2 cars I’m looking at.
For example:
Purchase price:
Mazda cx 9 touring - $51,000 (8.8l/100km)
Toyota Hybrid GX - $60,000 (5.6l/100km)
Avg Km per year: 13k,
Fuel price let say, ($1.35) 91 octane.
Serving costs… just remove it for now.
Depreciation remove that too.
130x3.2x1.35=562
9000/562=16
16 years
.