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Ownership costs of traditional versus alternative fuel vehicles

As gas prices remain high, and an increasing number of automakers roll out plug-in hybrid cars and full-electric vehicles, it's becoming easier to be tantalized with the idea of driving right past the gas station and simply "plugging in." The debate ensues when it comes to cost: These alternative fuel vehicles mean a larger outlay of cash at the onset, but the long-term fuel savings could make the purchase worthwhile. To help straighten out this numbers game, we use the Department of Energy's Vehicle Cost Calculator to compare alternative fuel vehicles with their gasoline-only counterparts. For each scenario, we assumed that our hypothetical owner was able to get the full $7,500 federal tax credit and a $2,500 state tax credit, such as is available in California.

BMW 7-series facelift (2012) first pictures

BMW has given the 7-series the mildest of mid-life facelifts for 2012 – with a series of cosmetic tidy-ups, fettled engines, extra kit and the UK's first hybrid 7-series. The ActiveHybrid7 isn't the most expensive 7-series (that's the 760Li at £101,805), but at £66,040 the petrol-electric saloon is some £8k pricier than the biggest-selling 730d. As the diesel is also cleaner and more economical, we suspect the hybrid Seven will remain a niche seller over here.

Ferrari plan VIP club so ‘Elite’ get limited edition Ferraris. How Silly.

Ferrari VIP Owners Club - for cars like the SA Aperta It seems Ferrari are planning an elite club of VIP Ferrari owners who will get the chance to buy limited edition Ferraris first. When Ferrari has a special car – like an Enzo or the new Aperta – there are never going to be enough cars to satisfy the list of potential customers. Which is the point.