Study Shows Hybrids and Diesels Retain More Value Over Time

A new Carnegie Mellon University study released last week reveals that hybrid and diesel-engine vehicles are a better value compared to vehicles with gasoline engines. The economics of hybrids and diesels are commonly evaluated based on their purchase price—on average higher than comparable gas-powered cars—compared to savings on fuel during their use. Retention of value—in terms of higher resale value—can skew the economic benefits in favor of alternative fuel-efficient cars, such as hybrids, diesels and electric vehicles.