New Car Deals for May 2012: Hybrids
High gas prices continue to fuel demand for the smallest and most efficient hybrid vehicles and Toyota again leads in sales with its Prius line. That’s why large, expensive hybrid trucks that save a relative few miles per gallon compared to their gas-only counterparts still top our best deals list this month. Nonetheless, the Lexus RX450h crossover SUV hybrid and Honda Civic compact-sedan hybrid are available with modest direct-to-dealer incentives. If you’re eye is fixed on the bottom line, perhaps the best deals here are the “eAssist” versions of the Buick Regal and LaCrosse midsize sedans. They carry a $1,000 cash rebate, which amounts to half the $2,000 their “mild hybrid’ technology adds over the gas-only Regal and LaCrosse. According to the EPA’s fuel-cost calculator, the eAssist version of the Regal will save $400 per year, driving 15,000 miles a year at current gas prices. That means the after-rebate $1,000 cost would be recovered in about two-and-a-half years, a fairly short time for a hybrid of any kind.
Here are the Best New Car Deals on Hybrids for May 2011:
2012 Chevrolet Silverado Hybrid/GMC Sonoma Hybrid: $3,000 cash or 0.0 percent financing to 72 months.
2012 Chevrolet Tahoe Hybrid/GMC Yukon Hybrid: $2,000 cash or 0.0 percent financing to 60 months, 1.9 to 72 months.
2012 Buick LaCrosse or Regal eAssist: $1,000 cash or 1.9 percent financing to 60 months, 4.9 to 72 months.
2012 Lexus RX 450h: $1,000 marketing support.
2012 Honda Civic Hybrid: $500 marketing support and 0.9 percent financing to 36 months, 1.9 to 60 months.