Hybrid Car Advantages – How to Save Money with Easy
and Less Frequent Fill Ups
January 28th 2006
There are many
advantages to the hybrid car. This year the US Treasury has offered
a tax credit when drivers purchase a hybrid car. Last year, only a
tax deduction was available. Hybrid cars will save you money on
gas, compared to conventional models. Also, the hybrid car provides
fewer emissions, improving the air quality.
or natural gas cars, the hybrid can be filled-up at any gas
station. They use regular gasoline. You don’t have to charge the
batteries every night like electric cars. In fact they operate
almost identical to conventional gas powered cars.
the breaking power to help charge the batteries, thus conserving
They also turn
off at intersections or when you are completely stopped in traffic.
This will save hybrid users lots of gas. According to the Federal
Highway Administration, American drivers burn 753 million gallons of
gasoline while stopped at intersection, or while idling.
Hybrids will cost
you an average of 10% more than conventional gas cars. The Feds are
hoping the tax credit will make up the difference, and in many cases
the savings in gas and the credit will more than make up the
difference. It all depends on how much you drive and the model car
Government has not published the exact tax credit number as of yet,
but the car manufacturers have extrapolated estimates based on the
program guidelines. Check with your tax preparer or advisor before
making your final decision.
If you have a
very long commute and are able to save just $5 per day, this works
out to about $1,250 per year. If you were to buy the 2 wheel drive
Toyota Highlander hybrid for may pay $40,000. This is about $4,000
more than the conventional gas powered Highlander (lets say $36,000
for the conventional model).
estimates from the American Council for an Energy-Efficient Economy
Website, the tax credit should be about $2,600 for that model. Add
that to the $1,250 in gas savings and you have a total savings of
will be saving money on gas every year. According to some analysts,
gas prices are expected to go up, allowing you to save even more
money every year you own your hybrid. Plus you will be doing your
part to help the environment.
Best Syndication Staff Writer
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