If you're in the market for a new vehicle but are hesitant about going fully electric, a hybrid car may be up your alley.
They can help you save money at the pump and don't require charging. Plus, there are many excellent hybrid models to choose from. The best models are also very reliable, allowing consumers to save money on maintenance costs down the road, which is a smart money move for car owners.
But which ones are worth your hard-earned cash? ISeeCars analyzed over 3.8 million new vehicles according to price and lifespan. These seven hybrids offer the best value and reliability, making them worthwhile investments for consumers.
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Ford Escape Hybrid
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Average price: $38,116
According to the iSeeCars study, the Ford Escape Hybrid is an incredibly reliable vehicle. Their study, which took the average listing price of each vehicle and compared it to its average lifespan, deemed that this hybrid was 1.64 times more reliable than the average vehicle.
Additionally, their study states that the Ford Escape Hybrid has an expected lifespan of eight years with an average price of $4,791 per year of ownership.
Lexus RX 500h
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Average price: $72,155
The Lexus RX 500h hybrid has an expected lifespan of 15.7 years. Lexus drivers can expect this vehicle to have an annual price of $4,583 over the course of ownership.
Additionally, according to the study, the Lexus RX 500h hybrid is 1.57 times more reliable than the average vehicle.
Hyundai Sonata Hybrid
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Average price: $36,202
The iSeeCars study reveals that the Hyundai Sonata Hybrid should have a lifespan of 9.1 years. During that time, the vehicle is expected to average $3,984 per year. At this price, the Hyundai Sonata Hybrid is 1.36 times more reliable than the average vehicle.
Lexus RX 350h
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Average price: $60,857
ISeeCars reports that the Lexus RX 350h hybrid will have an expected lifespan of 15.7 years, putting it on par with the Lexus RX 500h. During that nearly 16-year span, the Lexus RX 350h hybrid will cost owners an average price of $3,865 per year.
While the car does have a higher sticker price, the Lexus RX 350h hybrid is also 1.36 times more reliable than the average vehicle, making it a worthwhile purchase.
Toyota Highlander Hybrid
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Average price: $52,565
The Toyota Highlander Hybrid is also pricey but is expected to be on the road for 13.9 years. During its nearly 14-year lifespan, this hybrid SUV will come out to an average price of $3,773 annually.
According to iSeeCars, this makes the Toyota Highlander Hybrid 1.29 times more reliable than the average vehicle.
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Toyota Camry Hybrid
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Average price: $35,471
The iSeeCarsdata found that the Toyota Camry Hybrid will be on the road for an expected 13.2 years. During its lifespan, this hybrid sedan will average out to a price point of $2,683 per year. This makes the Toyota Camry Hybrid 0.92 times more reliable than the average vehicle.
Toyota Prius
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Average price: $34,333
According to this study from iSeeCars, the Toyota Prius is the best new hybrid available for the money. It also has the most affordable price tag. In addition, Toyota's famed hybrid should last for 13 years. During its lifespan, the vehicle will cost an average of $2,649 per year.
This also makes the Toyota Prius 0.90 times more reliable than the average vehicle.
Bottom line
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ISeeCars cites that the average lifespan of a new hybrid vehicle is 13.2 years, and vehicles with hybrid powertrains are on par with gas-powered vehicles when it comes to reliability.
Financially savvy car shoppers should also be aware that new hybrids cost an average of $38,775 and have an expected lifespan of 13.2 years. That comes out to about $2,928 per year.
In comparison, the average midsized passenger car will cost $35,514 while only having a 10.5-year lifespan. That makes its average cost per year $3,391, which is around $400 more expensive than the average hybrid.
Consumers looking to hold onto more of their money should also consider how different auto insurance companies could adjust their rates based on vehicle reliability, which could save them money on car insurance.
- You could save up to $600 with some companies
- Compare dozens of providers in under 5 minutes
- Fast, free and easy way to shop for insurance
- Quickly find the perfect rate for you
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