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Study: Hybrid owners aren't that impressed
(file photo)

Study: Hybrid owners aren't that impressed

Hybrid cars like the Chevy Volt and Toyota Prius may have earned admirers in the Obama administration and elsewhere, but according to CBS News, hybrid owners are unlikely buy another:

As gas prices go higher, so do sales of hybrid vehicles. But a recent study by automative research company R.L. Polk says that almost two-thirds of hybrid owners won't stay on the gas-electric path when they need a new car.

Only 35% of hybrid owners returned at trade-in time in 2011, with the most loyal customers belonging to the Toyota Prius, says CBS News. If you take that car from the equation, the repurchase rate is below 25%.

h/t Consumerist

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