2014 Accord Hybrid vs Accord Plug-in
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Joined: Dec 2013
Posts: 1
2014 Accord Hybrid vs Accord Plug-in
The MSRP for the 2014 Accord Hybrid is from $29,155 to $34,905.
The MSRP for the 2014 Accord Plug-in is $39,780.
A side by side comparison on the Honda website shows them to be identical except that the plugin shows about 1 MPG less than the hybrid (they are, however both hybrids).
And add a "charger" installation to your garage for $1800, which is actually . . . (drumroll . . . ) a $1000 extension cord because the charger is inside the vehicle and you come to about $41,500 to plug-in your plug-in.
The Plug-in, btw, will only give you 13 electric-only miles.
The Hybrid sounds like an outstanding vehicle and I am interested in it. However, I like the idea of charging the battery to get some nearly free electric miles.
My inquiry is 'What is the difference between the hybrid and the plug-in?' I suspect it is simply that they allow you to pre-charge the battery, which is about the same in each vehicle, but I hope there is more in exchange to putting down $11,500 to $6500 more on the Plug-in and getting just 13 miles of driving.
I realize it rarely makes sense to just go on the math, but here it is. Taking the extreme case of a minimal difference of $6500, charging TWICE a day, driving every day and no time value of money means about a 9 year payback by buying the plug-in over just the hybrid. A worse scenario would be $11,500 difference, one charge daily, yielding a 30 year payback for your extra dinero up front.
Any thoughts on this?
Cheers . . .
The MSRP for the 2014 Accord Plug-in is $39,780.
A side by side comparison on the Honda website shows them to be identical except that the plugin shows about 1 MPG less than the hybrid (they are, however both hybrids).
And add a "charger" installation to your garage for $1800, which is actually . . . (drumroll . . . ) a $1000 extension cord because the charger is inside the vehicle and you come to about $41,500 to plug-in your plug-in.
The Plug-in, btw, will only give you 13 electric-only miles.
The Hybrid sounds like an outstanding vehicle and I am interested in it. However, I like the idea of charging the battery to get some nearly free electric miles.
My inquiry is 'What is the difference between the hybrid and the plug-in?' I suspect it is simply that they allow you to pre-charge the battery, which is about the same in each vehicle, but I hope there is more in exchange to putting down $11,500 to $6500 more on the Plug-in and getting just 13 miles of driving.
I realize it rarely makes sense to just go on the math, but here it is. Taking the extreme case of a minimal difference of $6500, charging TWICE a day, driving every day and no time value of money means about a 9 year payback by buying the plug-in over just the hybrid. A worse scenario would be $11,500 difference, one charge daily, yielding a 30 year payback for your extra dinero up front.
Any thoughts on this?
Cheers . . .
Super Moderator
Joined: May 2006
Posts: 18,398
From: Wisconsin
Well, if it IS true that the ONLY difference is the ability to charge the battery, then it actually makes a lot of sense to do that math. And the math says it doesn't make sense. So I'd carefully check whether that really is the only difference.
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