The 5-7 year cost of ownership didn't pencil out for me. When I purchased a new vehicle last year, dealers were charging exorbitant premiums and market adjustments for hybrids and EVs. When I factored in the price of the vehicle, adding a proper charging station in my garage, and the costs of charging (home electricity and using charging stations), buying a combustion powered car and projecting premium fuel at $7/gallon was the less costly option.