The resale values of hybrid cars are not the same as their fossil-fuel engine counterparts – largely because they achieve greater fuel mileage. Consequently, sellers of hybrid models can expect a better return than if they were selling a purely fossil-fuel car.
For example, look at the current Toyota Yaris, you can pick either petrol only or hybrid, both have the same 1.5-litre petrol engine. The automatic petrol-only model costs £17,770, add in the hybrid, and the price rises to £19,340.
Miles per gallon (MPG) for the petrol model is quoted at a minimum of 44.8. However, the hybrid is 56.4. That’s an increase of 11.6 MPG.
Whilst hybrids are cheaper to run because they’ll save you fuel, it’s not a massive amount in the grand scheme of things. However, because they are seen to be both fuel-efficient and ‘greener’ than their purely fossil-fuel counterparts, they will typically resell at a premium.