wellygary:
The current Corolla is rated 6 l/100km while the hybrid version is 4.2 l/100km and there is a $3500 price difference
if you travel 15,000km a year the 1.8l/100km difference means you use 270 fewer litres of fuel... 270 litres @ $2 is $540 a year, so it would take ~7 years to pay back the difference
7 years seems ok as a payback period. After that its a 100% saving. I raised that here a while back, the cost of the EV premium , example $80,000 Kona, less subsidy makes is $72000 vs $40000 for the ICE. $32000 is a LOT of petrol, more after allowing for charging costs