Are you interested in purchasing a hybrid vehicle? Hybrids offer ultimate fuel efficiency, lower maintenance costs and stable resale values — and they open the door to tax benefits. Before you head to the car dealership, it’s important to know which hybrid vehicles come with a price tag that might be too high for your budget.
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Although the base model pricing might seem lucrative, you need to consider the cost of upgrading your trim package, features and closing costs. Here are five hybrid vehicles the middle class can’t afford anymore.
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Toyota is a well-known brand for the middle class; however, the 2024 Grand Highlander comes with a stiff price tag.
With the 2024 base model starting out at $45,020, this hybrid vehicle is no longer affordable for the middle class. As you add on features and packages, it’s not uncommon for the Grand Highlander to reach upwards of $60,000.
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Lexus is Toyota’s luxury brand, which is why it makes sense that the middle class can no longer afford this hybrid. The Lexus NX offers up to 37 miles of electric-only driving, according to Car and Driver, making it an attractive hybrid option.
However, the 2025 base model starts at $46,300 and can reach around $60,000, making it unaffordable for the middle class.
The Volvo XC60 is a mid-sized hybrid option that boasts up to 35 miles of electric-only driving. Volvo is known for its safety and reliability, making it a go-to option for countless middle-class drivers.
The 2025 XC60 model seems to price the middle class out, though, with the MSRP starting at $58,050. For a top-of-the-line 2025 XC60, expect to pay upwards of $76,000. With other reliable and affordable hybrid options on the market, the Volvo XC60 isn’t ideal for the middle class.
The Mazda CX-90 Hybrid gives owners up to 26 electric-only miles and a total range of 490 miles. This vehicle is great for long-distance travel without sacrificing comfort or safety.
However, base pricing for this model starts at $49,945, with the premium plus package model priced at $57,950. This makes it unaffordable for middle-class drivers looking to balance cost and features.
The Lincoln Nautilus is a hybrid SUV that offers class, style and comfort. The 2024 model base price starts at $50,415, making it less than ideal for the middle class. Upgrading trim packages and features can easily increase this price upwards of $60,000.
If you’re like most middle-class vehicle owners, you aren’t willing to pay that high of a price tag for a hybrid vehicle.
Hybrid vehicles offer a balance between energy efficiency and reliability. As a result, many brands are attaching a stiff price tag, making it important to conduct thorough research to find the right vehicle for you. Consider purchasing used, exploring different brands and watching for sales to find a hybrid vehicle that checks all your boxes and doesn’t break the bank.
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This article originally appeared on GOBankingRates.com: 5 Hybrid Vehicles the Middle Class Can’t Afford Anymore
2024-12-04T12:24:40Z