Hybrid Car

Is it time to buy a Hybrid car?

With Gas prices rising and staying in the near $4.00 a Gallon mark, many people around the world as reconsidering purchasing a Hybrid car.

If you’re interested in ditching your gas guzzling vehicle in favor of a hybrid, be sure to consider whether or not it’s worth the cost. Keep in mind that you probably won’t get much money for your less fuel-efficient vehicle. Factor in, too, taxes and other fees that are involved. “It could take years worth of cheap fill-ups to recoup those costs, if you recoup them at all,” says AuWerter. Don’t let gas prices dictate your purchase.

Don’t let tax breaks influence the process either. “There’s a really great federal tax credit when it comes to hybrid cars, but… for starters, it doesn’t apply to all cars,” says AuWerter. Big tax discounts only apply to the first 60,000 cars sold by the auto maker; that eliminates Lexus and Toyota hybrids immediately. AuWerter adds that the Honda Civic is hovering dangerously close to the 60,000 mark, but there are other car companies that still qualify.

Hybrid Cars