3 Plug-In Hybrids That Actually Make Financial Sense

Ford Fusion Energi

The first great plug-in hybrid deals finally hit the U.S. market | Ford

Electric vehicles are expensive to develop, test, and bring to market. Hence their slow roll-out in the U.S. and mostly high price tags whenever they made it. If you paid attention to pricing of models announced in 2016, you probably noticed more reasonable figures: Tesla said Model 3 would cost just $35,000 before incentives; GM said Chevy Bolt EV would start at $37,495. In states with incentives on top of the federal credit ($7,500), consumers will get affordable options in 2017.

Plug-in hybrids are following the same trend. Gone are the days when Honda released its plug-in Accord over $15,000 higher than the standard model. When Audi launched the A3 e-tron in 2015, the premium was only a few thousand dollars above the base A3 after incentives. That made about $500 in annual gas savings hold up for Audi shoppers who wanted to turn greener.

As 2017 models start appearing in dealerships, plug-in consumers have their first bona fide deals on cars in three distinct segments: compact, midsize sedan, and minivan. Here are three plug-in hybrids that make great financial sense compared to gasoline-only alternatives.