Consumer Reports Corrects Itself on Cars
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Consumer Reports magazine said it erred in maintaining in an article in its April issue that none of the gasoline-electric hybrid cars and sport utility vehicles sold in the United States would save owners enough money in five years of use to make up for their higher prices.
Including fuel savings and tax credits, Consumer Reports said, the Toyota Prius hybrid would save about $400 over five years and the Honda Civic hybrid would save about $300 compared with conventionally powered models.
The magazine said it overestimated depreciation of the cars in arriving at its initial conclusion.