5 Facts About Buying Hybrids
By Tracie Close
Save the World, One Gallon at a Time
Okay, so maybe that’s taking it a little far. Scientists looking at the data on climate change still disagree on how much cars have affected the increase in greenhouse gas levels in our atmosphere. That being said, there is no doubt that cars emit noxious fumes like carbon monoxide and nitrous oxide into the air, along with particulate matter. All of these can increase air pollution, which enhances allergy reactions, cause smog, and can pollute water supplies. Enough reasons to consider a hybrid car? Great. Let’s move on.
Style Options Abound
Unlike the traditional image of higher fuel economy cars, today’s hybrid cars offer the same body styles and performance as their gasoline-fueled counterparts. While they look “normal,” what’s not apparent are the diverse behind-the-scenes modifications to the engine, transmission, electrical system, and often the braking system (if regenerative braking is involved). Today, buyers can choose from hybrid powered luxury cars, economy cars, SUVs, and soon pickups. Minivans and even sports cars will ultimately be offered as well.
Hybrids Cost More, but that Will Change
Hybrids do not come cheap. In fact, the biggest drawback for many of those considering buying a hybrid is a higher retail price. Due to the cost of electric batteries and the modifications that have to be made to the engine and transmission, hybrid car prices are higher than traditional internal combustion vehicles. However, continuing research and manufacturing technology development – plus the efficiencies of volume production of everything from the cars themselves to their unique components like batteries and electric motors – will bring the price of hybrids down over time. If you’re not ready to put out the money this year for a hybrid but know it’s your next car choice, have faith. Like any new technology, the longer hybrid technology is on the market, the greater the opportunity for prices to adjust downward to what the market will bear.
Hybrids Use Less Costly Fuel
The best attribute of a hybrid car is the obvious ecological benefits, but improved fuel economy is a strong draw for many consumers. This directly influences the cost equation. Consumers often weigh the higher initial price of a hybrid against its reduced fuel costs as part of the buying decision. Today’s high gas prices make crunching the numbers more favorable to hybrid purchases than ever.
More Manufacturers are Offering Hybrids
Many manufactures offer hybrid models these days including Chevrolet, Ford, GMC, Honda, Lexus, Mazda, Mercury, Nissan, Saturn, and Toyota. Others will soon join their ranks as the popularity of hybrids continues to grow.
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