Vue is the Only Hybrid that Beats Its Conventional Counterpart in Latest Industry Analysis

2008 Saturn Vue Green Line Hybrid

Jessica L. Anderson from Kiplinger: After gas prices dropped in late 2008, hybrid sales collapsed, falling 43% in December compared with the previous year. That highlights the reality that when fuel prices are low, savings at the pump rarely make up for the $3,000-plus hybrid premium. The last time Kiplinger's examined the hybrid equation, fuel prices were in the $4-per-gallon range, and hybrids looked much more attractive. But with cheap gas on every corner, it's harder to justify the premium you pay for a hybrid. Using five-year ownership numbers from Vincentric, an automotive research firm, we compared the 2009 hybrids with their gasoline-engine counterparts. The calculations assume you drive 15,000 miles a year with fuel at $2.22 a gallon, and they factor in depreciation, maintenance and repairs. The math also assumes you finance the vehicle with a five-year loan after a 15% down payment, and that you take advantage of hybrid tax credits - which are no longer available for Honda, Lexus and Toyota models. The only hybrid that beats its conventional counterpart is the recently redesigned Saturn Vue, which costs $400 less to own over five years than the Vue XE.

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General Motors to Auction Near-Classics from Corporate Museum

Flashback Friday: 1,000,000th Saturn

Jalopnik.com reports General Motors will auction off a number of vehicles from its vaunted Heritage Center museum collection in an effort to raise cash to help offset the huge losses the company is faced with due to the global financial crisis. There are about 1000 vehicles of historical significance in storage that GM uses for the displays at the museum, but only about 150 to 200 of those vehicles can be featured at one time. On the list of vehicles to be auctioned are several notable Saturns from the past. The website says they will be sold at the upcoming Barrett-Jackson auction held January 13-19 in Scottsdale, Arizona.