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Hybrid Shoppers Beware, The 5 Most Expensive Hybrids Per 1000 Miles Driven

Hybrid models are a hot car segment with shoppers. But which models are most and least cost-effective? Check out this report, and it may surprise you.
2024 Toyota RAV4 Hybrid

Are you shopping for a new hybrid car or SUV? Which models are most and least cost-effective? A recent report from iSeeCars shed light on the new hybrid models that will be the most and least expensive alternative-fuel cars per 1,000 miles driven per year.

“Hybrids have become increasingly popular with consumers in recent years,” said Karl Brauer, iSeeCars Executive Analyst. “And now many mainstream models, including the newest Toyota Camry, are only sold as a hybrid. This technology is set to become the dominant drivetrain throughout the industry.”

Shopper looking at a Toyota Hybrid car

If you are shopping for a new Hybrid model, it’s a wise choice. Check out the models I’ve listed here that are the most and least expensive of the best new hybrid models. I’ve included:

  • The average miles driven per year.
  • Average new price.
  • The price per 1,000 miles per year. 

I’ve included luxury and mainstream brands. 

What are the five most expensive of the best 3-year-old mainstream hybrids?

1. Toyota Sienna Hybrid

  • average miles driven per year - 14,375
  • average new price -$42,508
  • price per 1,000 miles per year - $2,957

2. Kia Sorento Hybrid

  • average miles driven per year - 12,917
  • average new price -$37,145
  • price per 1,000 miles per year - $2,876

3. Toyota RAV4 Hybrid

  • average miles driven per year - 12,531
  • average new price -$35,002
  • price per 1,000 miles per year - $2,793

4. Toyota Prius Prime Plug-In Hybrid

  • average miles driven per year - 11,480
  • average new price -$31,110
  • price per 1,000 miles per year - $2,710

5. Kia Niro Hybrid

  • average miles driven per year - 11,121
  • average new price - $29,692
  • price per 1,000 miles per year - $2,670

What are the five least expensive of the best 3-year-old mainstream hybrids?

1. Honda Insight Hybrid

  • average miles driven per year - 18,341
  • average new price - $26,836
  • price per 1,000 miles per year - $1,463

2. Hyundai Ioniq Hybrid

  • average miles driven per year - 15,014
  • average new price - $27,225
  • price per 1,000 miles per year - $1,813

3. Toyota Corolla Hybrid

  • average miles driven per year - 12,936
  • average new price - $24,023
  • price per 1,000 miles per year - $1,857

4. Toyota Prius Hybrid

  • average miles driven per year - 15,229
  • average new price - $28,644
  • price per 1,000 miles per year - $1,881

5. Hyundai Elantra Hybrid

  • average miles driven per year - 12,324
  • average new price - $26,828
  • price per 1,000 miles per year - $2,177

iSeeCars says, “Unfortunately, the Insight Hybrid and Ioniq Hybrid were canceled after the 2022 model year, but they remain available on the used car market.”

new Hybrid car shopper

What are the most expensive 3 -year-old luxury hybrids?

The Five Most Expensive New Luxury Hybrids Per 1000 Miles Driven

1. Porsche Cayenne Plug-In Hybrid

  • average miles driven per year - 7,628
  • average new price - $111,985
  • price per 1,000 miles per year - $14,681

2. Lincoln Aviator Plug-In Hybrid

  • average miles driven per year - 10,504
  • average new price - $80,952
  • price per 1,000 miles per year - $7,707

3. BMW X5 Plug-In Hybrid

  • average miles driven per year - 10,272
  • average new price - $75,483
  • price per 1,000 miles per year - $7,348

4. Audi Q5 Plug-In Hybrid

  • average miles driven per year - 9,063
  • average new price - $60,582
  • price per 1,000 miles per year - $6,685

5. Volvo XC90 Recharge Plug-In Hybrid

  • average miles driven per year - 10,782
  • average new price - $71,870
  • price per 1,000 miles per year - $6,666

“At (less than 8,000 miles a year), luxury cars like the Porsche Cayenne Plug-in Hybrid are being driven far less than the average car,” said Brauer. “This makes its $100,000-plus price an expensive premium when measured against cost per 1,000 miles per year.”

As the price differential between hybrids, PHEVs, and traditional gasoline models keeps dropping, hybrids are an increasingly desirable option for customers looking to keep purchase price and operating costs low without altering their driving habits or facing range anxiety by purchasing an EV. 

WHAT ARE YOUR THOUGHTS?

Do you drive a Hybrid or PHEV, or are you considering buying a hybrid model? If so, click the red Add New Comment link below and let us know.

Thanks for reading, everyone. I hope you enjoyed this hybrid model story. See you tomorrow for my latest report.

Check out: Most Affordable New Hybrid Cars in 2024

I am Denis Flierl, a top Torque News and Subaru reporter since 2012. I’ve invested over 30 years in the automotive industry in a consulting role, working with every major car brand. I am an experienced Rocky Mountain Automotive Press member. You'll find my expert Subaru analysis here. Follow me on my X SubaruReport, All Subaru, WRXSTI, @DenisFlierl, Facebook, and Instagram.

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Photo credit: FreePik

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