Why Are Hybrid Cars Better Than Conventional Cars?
As consumers showed more concern about their pocketbook and the environment, the hybrid car became more popular. But is the hybrid really that much better than its conventional, gas-powered cousins? Several studies have shown that the hybrid is proving to be a better buy in many ways.
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Fuel Economy
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One of the big selling points for hybrid vehicles is gas mileage. According to Hybridcars.com, the Environmental Protection Agency reported that the five most fuel efficient cars on the American road in 2008, and seven of the Top 10 most fuel efficient cars, were hybrids. That included the only two cars that earned an EPA estimated mpg of 40 miles or more --- the Toyota Prius and the Honda Civic.
Tax Credits
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The federal government is still offering the Alternative Motor Vehicle Credit to qualifying hybrid vehicles. This credit can net a new hybrid owner a tax credit from $1,950 to $3,000, depending on the model. If you're buying a hybrid, ask the dealer if the credit is still in effect, as some carmakers have already sold enough hybrids to phase out the credit.
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The Environment
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Whatgreencar.com, a British site devoted to hybrids, reports that hybrid vehicles reduce greenhouse gas emissions by about 25 percent when compared to their conventional cousins. The new Honda Insight, the site reports, cuts them by half.
Oil
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Most conventional cars need an oil change every 3,000 miles. Hybrids only need an oil change every 5,000 miles, according to streetdirectory.com's travel guide.
Cost of Ownership
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After five years on the market, some hybrids are a better bargain than their conventional counterparts, reports Intellichoice, which analyzes the auto industry. A 2008 survey found that half of the 24 hybrid models on the road had a better cost of ownership than their gas-powered brothers. This study looked at costs for fuel, maintenance, repairs, insurance and other cost items.
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