Does the Kia Optima Hybrid pay for itself?

By Product Expert | Posted in Hybrid, Kia Optima on Wednesday, May 11th, 2016 at 2:54 pm
Does the Kia Optima Hybrid pay for itself?

Most hybrid cars cost a little bit more than the equivalent standard gasoline models, and the Kia Optima Hybrid Hybrid is no exception. People buy the hybrid version because, in addition to being easier on the environment, they expect the price of the hybrid to eventually pay for itself. The idea is that, in the long run, you’ll pay less for fuel and maintenance on a hybrid than a standard car. So, does the Kia Optima Hybrid pay for itself? The answer is: absolutely! Let’s examine how.

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Depreciation

If you thought the most expensive part of owning a car was filling it with gas, you’re wrong. Believe it or not, it’s actually depreciation. And most of that depreciation happens during the first year of ownership. That’s true for all cars, unfortunately. The good news, however, is that after the first year hybrids depreciate less than standard cars. Already we’re saving!

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Kia Optima Hybrid maintenance repairs

Fuel

Filling your tank with gas is the second most expensive thing about owning a car, even now when gas prices are pretty low. This is the obvious area where owning a hybrid will save you money. Hybrids get significantly better gas mileage, and the price of gas normally tends to rise every year. So, the longer you own your hybrid, the more the savings will pile up. In fact, that’s one of the reasons hybrids depreciate less as they get older.

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Maintenance and repairs

Another reason hybrids depreciate less and save more money over time is that they are cheaper to maintain. People say “Wait a minute. Two motors means twice as many things that can go wrong. Right?!” Actually, by dividing the workload (and the wear and tear) across two motors, they both tend to last longer. And features like regenerative braking make brake pads last longer. Just another way the savings continue to add up.