Comparing Lifetime Cost of 2012 Toyota Prius and 2012 Toyota Corolla

by Agnes Muszbek

Submitted : Fall 2011

The objective of this paper is to find the breakeven point when the lifetime cost of a hybrid car and a conventional car is equal. To find this point, we generated a formula based on the geometric series. From the calculations we concluded that by changing the mileage per year, the breakeven point changes also. The more we use the cars the smaller the breakeven point is.

[ Back ]