With gasoline proces at $3 per gallon consumers are purchasing hybrids vehicles that get 50 Miles per gallon

With gasoline proces at $3 per gallon consumers are purchasing hybrids vehicles that get 50 Miles per gallon of gasoline. The monthly Payments on a 3 year lease of a hybrid is $499 compared to $399 per month on a conventional equivalent traditional gasoline car that gets 25 Miles per gallon
Both vehicles require a one time $1500 Payments for taxes license and dealer charger
Both vehicles have identical lease term for the residuwaarde value maximum number of Miles allowed without penalty
Calculate how many Miles a consumer must drive per year to make the hybrid the economical choice over the gasoline car
How does this answer change if the price of gasoline is $4 per gallon?


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