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However, certain times of the year, depending on weather conditions, Hydrid Buses get the same 2.5 MPG as their diesel counterparts. Generally, a Hybrid Bus costs $150,000 more than a conventional bus, and has to be scrapped after a life span of 12 years.owever, certain times of the year, depending on weather conditions, Hydrid Buses get the same 2.5 MPG as their diesel counterparts. Generally, a Hybrid Bus costs $150,000 more than a conventional bus, and has to be scrapped after a life span of 12 years.
Helping age the fleet is the fact that consumers are holding on to their vehicles longer than ever before. As of the first quarter of 2015, the average length of ownership for a new vehicle is 77.8 months, according to IHS analysis, an increase of nearly 26 months since the first quarter of 2006. For used vehicles, it is 63 months, an increase of just over 25 months (since the first quarter of 2006). Looking ahead, IHS forecasts that average age is likely to hit 11.6 years in 2016 but not reach 11.7 until 2018. The rate of growth is slowing as compared to 2008-â13 due to the recovery in new vehicle sales.