Home  Top Stories  Sports  Entertainment  Health News  Business  Personal Finance 
Real Estate  Business Finance  Insurance  Consulting 
Tax News  Forum


 

Writers






 


Featured Articles







BUSINESS



 




Banner

MAL Button


 

 

 

 

 

Hybrid Cars Save More Than the Environment Hybrids Will Save You Money on Gas and Taxes

March 19th 2006

Hybrid Cars Save More Than the Environment  Hybrids Will Save You Money on Gas and Taxes

Lexus Hybrid

This may be the best year to buy a hybrid car.  There are tax credits and more models available than in years past.  Last year the Federal Government offered a tax deduction which could save the buyer money, but not nearly as much as a credit.  Unlike tax deductions, tax credits are deducted directly from your taxes, not your income.  Typically, tax credits will save more money. 

Recently Consumer Reports sent their Auto Issue which included a claim that none of the new hybrids cars could save the buyer money over a five year period.  After the issues were sent to their subscribers, Consumer Reports admitted they were wrong.  They now say that the Toyota Prius and Honda Civic Hybrids can save purchasers money over five years.  Evidently their calculations were erroneous.

 

Hybrid car savings may be tough to calculate.  Buyers can save more money if they do their driving around town.  Unlike regular cars, hybrids do not burn gas while stopped. If you have a long commute in stop and go traffic, a hybrid car may be the one for you.

There are other advantages to hybrids.  For instance, all gas cars need to pass a smog check.  Since hybrids have zero emissions at idle, they will always pass that portion of the test (if your state requires the smog checks).  Also, if gas prices skyrocket, hybrid owners may save a fortune. 

 

Hybrids are also good for the environment.  Unlike hydrogen or natural gas cars, hybrids run off of regular gas, just like your current car.  The only thing you may notice is fewer fill-ups.  This technology has been around for some time, but it is really coming of age this decade. 

 
 
Comment on this Article at our Forum

Submit your own Article

Automotive Special Topic 

List of Hybrids and Tax Credits

  RSS Automotive Feed

  RSS Feed to our Science Tech News

  RSS Feed to all of our News

Add to Google Add to My AOL
Add to My Yahoo! Subscribe with Pluck RSS reader
Subscribe in NewsGator Online
Add this feed to Your C-Net
Subscribe in Bloglines Subscribe in Rojo

By Dan Wilson
Best Syndication

Automotive Books

Keywords and misspellings: hibrid car electric pryus acord


Google
 
Web BestSyndication.com

About   Contact   site map

Copyright 2005 Best Syndication                                            Last Updated Saturday, July 10, 2010 09:51 PM