6 green cars that don't live up to the hype

There are plenty of reasons to buy a gas-sipping hybrid or diesel. But saving money isn't always one of them.

The variety of cars that are gas-electric hybrids or run on batteries is greater than ever. There are many good reasons to purchase such a vehicle, from pumping out fewer emissions to feeling good about doing one's part. But saving money -- even at a time of sky-high gas prices -- isn't always one of them.

While many models can save owners money compared to the equivalent gasoline-powered versions, others can cost quite a bit more, depending on the sticker price, depreciation rate and, naturally, the price of gasoline. Of course, the opposite can be true. The latest Prius model from Toyota proves its thrifty claims faster than most alt-fuel models, when compared with a similar model that runs on gasoline.

Consumer Reports, which extensively tests automobiles and also rates them on the basis of real-world experience from surveyed owners, has analyzed the metrics that help determine which alternative-fuel vehicles are the least desirable to own, purely from a cost of ownership standpoint. The results were noteworthy, especially if you're shopping for a green vehicle.

By Doron Levin @FortuneMagazine - Last updated April 24 2012: 2:48 PM ET
Join the Conversation
Cool cars from the New York Auto Show

Automakers are unveiling some intriguing new models in the Big Apple.

Find Your Next Car

Get the latest car news:

Most Popular

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.