With gas prices on the rise, everyone is trying to conserve fuel. This is leading to an increased interest in hybrid cars, which are fast becoming a very popular option for many different types of people. Before you decide to buy a hybrid vehicle, you need to know the basics of their operation, the cost to buy one as well as the costs involved to maintain on of these newer types of cars.
1- It is important to note that on average a hybrid vehicle will cost around $3,000 more than its all gas counterpart will. While most people will weigh this price increase against the price of the gas that they will be saving, it can cause a pretty severe case of sticker shock. Be prepared for this if you are shopping for a hybrid.
2- Just like conventional vehicles, hybrid cars need a battery to run. While a traditional battery will cost approximately $50-$150 to replace, a battery for a hybrid car costs considerably more, about $2,000-$3,000 and those prices are just for starters. With this in mind, it is important to know that hybrid batteries have been known to run between 8 and 10 years before needing to be replaced.
3- If you are sitting on the edge of making a decision of whether to buy a hybrid vehicle or it is more traditional counterpart, you may be interested to know that the government may allow a tax deduction to those people who choose to purchase the more fuel-efficient hybrids. While this deduction is not guaranteed from one year to the next, it has been as high as $2,000 in the past.
4- Another consideration to buying a hybrid vehicle that needs to be addressed is the maintenance that needs to take place after the car has been on the road for a while. The more intricate power train systems that accompany a hybrid equate to higher prices, this is because there are not as many mechanics that are trained to fix them. This price consideration should pretty much go away as more of these vehicles hit the road and the demand for properly trained mechanics goes up.
5- These cars require the use of special high mile tires, they are smaller than the tires you are used to purchasing, but can cost considerably more to replace. This may be acceptable to some drivers since the tires last on average 30,000 miles longer than other types of vehicle tires.
6- Many purchasers of hybrid vehicles do so for one reason, they can live with the increases in aftermarket parts and the high prices of mechanics because they know what their car can offer them, fuel savings. On average, a hybrid car gets between 50 miles per gallon (MPG) in the city and up to 70 MPG on the highway. When these numbers are compared to an average of 30 MPG city and 27 MPG highway on a fuel-efficient gas car, the savings are clear.
7- While it is important to know the costs that are involved when you decided to buy a hybrid vehicle, it is also important to know what you will be saving. For all of the millions of people all over the world, who choose a hybrid over a traditional the bottom line is clear. The savings that they see at the gas pump far outweighs any money that will need to be paid out to keep their vehicle running in the future.