The U.S. government will buy up to 10K hybrids to help trim fuel costs for the fleet of...


The U.S. government will buy up to 10K hybrids to help trim fuel costs for the fleet of government cars. The marching orders come from the GSA which estimates savings of close to 1M gallons of fuel over the lifetime of the vehicles. The agency didn't say which manufacturer it will buy the vehicles from, although presumably General Motors (GM) and Ford (F) will receive some home field advantage.

From other sites
Comments (15)
  • pattom
    , contributor
    Comments (21) | Send Message
     
    Time will tell if hybrids are a good investment. The cost of a new battery pack scares me away.
    25 Apr 2013, 09:05 AM Reply Like
  • lcrupp
    , contributor
    Comments (95) | Send Message
     
    My brother has owned 12 Priuses in his family, some with over 150,000 miles. He's never had to replace a battery pack.
    25 Apr 2013, 09:43 AM Reply Like
  • Tdot
    , contributor
    Comments (8660) | Send Message
     
    And horseless carriages scared horses and certain citizens away back in the day.

     

    The cost of a new battery pack has been way overblown by folks who's only knowledge about rechargeable batteries comes from their cell phone batteries which lose capacity after a year or two.

     

    Auto Manufacturers warranty the high voltage batteries for as much as 10 years and 150,000 miles, after demonstrating less than 20% deterioration in normal driving charging/discharging cycles. Which is why you have many of the original Prius and Insight hybrids still on the road after 13 years.
    25 Apr 2013, 09:57 AM Reply Like
  • schwuchow
    , contributor
    Comments (98) | Send Message
     
    second that!
    People are worried about "replacement cost" of a battery, but how many people go buy a car and ask how much a replacement engine will cost?
    Battery pack on a Prius in the low 2k's installed, new engine in the mid 4k's .... and the NiCd batteries in Prius and other Toyota hybrids don't show any deterioration.
    In 3 years selling Toyota's at one of the largest dealers in the Nation, we see a battery having to be replaced on one or two cars a year. And those have 200.000+ miles on them ....
    25 Apr 2013, 11:21 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    They might save 1 million gallons over the lifetime..but they will cost much more to operate....government forced markets....soon they will force us to buy them....
    25 Apr 2013, 09:22 AM Reply Like
  • Tdot
    , contributor
    Comments (8660) | Send Message
     
    Good point - the Government buys nothing. The Taxpayers do. The Government will only spend the taxpayers money driving them around doing the ever so important work of making laws and spending the Taxpayer Treasury.
    25 Apr 2013, 10:07 AM Reply Like
  • ChristianMiller
    , contributor
    Comments (2) | Send Message
     
    A sure return on investment is to convert our government fleets to compressed natural gas.
    25 Apr 2013, 09:32 AM Reply Like
  • ChristianMiller
    , contributor
    Comments (2) | Send Message
     
    Converting to natural gas is a better investment.
    25 Apr 2013, 09:34 AM Reply Like
  • nomercadies2
    , contributor
    Comments (16) | Send Message
     
    What does "hybrid" mean in this case?
    25 Apr 2013, 09:56 AM Reply Like
  • Tdot
    , contributor
    Comments (8660) | Send Message
     
    Probably refers to gasoline hybrid electrics - such as the Toyota Camry Hybrid and the Prius line, Chevy Malibu Hybrid and Volt, Ford Fusion and C-Max Hybrid, and others...

     

    Be interesting what sort of fuel efficiency the Government employees get, and if that will drive changes in the EPA test procedures to match.
    25 Apr 2013, 10:58 AM Reply Like
  • sikkabooyah
    , contributor
    Comments (457) | Send Message
     
    When two Federal agencies are merged, one with no brains and the other with too much of other people's money to spend, the result is a "hybrid".
    25 Apr 2013, 02:14 PM Reply Like
  • frogola
    , contributor
    Comments (104) | Send Message
     
    either way it's 10k cars sold with the best gas mileage possible.now if they just don't buy them from tata.
    25 Apr 2013, 01:02 PM Reply Like
  • Raymondalpha
    , contributor
    Comments (73) | Send Message
     
    "...presumably General Motors (GM) and Ford (F) will receive some home field advantage." The purchases must be for American produced hybrids, and not a penny for imports! Toyota is taking billions of American dollars, yet the japanese never buy American hybrids.
    Even if the Nissan Leaf is "assembled" in Tennessee, it is not an American product and will not qualify. The profit that the imports gain is way higher than the labor cost per vehicle.

     

    Buy GM, Ford, Tesla, and VIA Motors only!
    25 Apr 2013, 04:53 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (6915) | Send Message
     
    The government should buy from American companies. It is taxpayer money.
    25 Apr 2013, 05:02 PM Reply Like
  • jpmj4847
    , contributor
    Comments (567) | Send Message
     
    W. B. knows best and where his money goes one should invest..... GMC.....will profit most, F will get my money (2nd place). I believe that was the question????? jpmj4847
    25 Apr 2013, 06:01 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs