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2011 Chevrolet Silverado Hybrid could pay you back in four years

HybridCars.com got their hands on a new 2011 Chevrolet Silverado Hybrid and put it through its paces. Except for improved voice recognition of the truck’s OnStar telematics system, everything remains largely unchanged from last year’s model, which we reviewed here.

The Silverado Hybrid packs a whopping 6.0 Liter V8 mated to GM’s Two-Mode Hybrid System. When combined with the twin 60-kilowatt electric motors, the drivetrain churns out 332 horsepower and 367 pound-feet of torque. The truck comes in both two-wheel drive and four-wheel drive versions, and both net a 20 mile per gallon city and 23 mpg highway EPA rating. Combined, that’s good for 21 mpg.

Starting at $38,725, the Silverado Hybrid certainly costs a pretty penny but, as HybridCars notes, you get a lot of standard features and are only paying about $3,500 extra for the hybrid powertrain versus the standard version. Compared to a Silverado 1500 LT, which gets 13 mpg city and 18 mpg hwy, you would be looking at saving close to $900 a year in fuel costs (assuming 15,000 mi/year with gas at $4.00/gal). That could mean a payback time of less than four years, which sounds great to us.

[Source: HybridCars]

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