The Reasons For The Higher Price Of Hybrid Cars And How They Are Justified

[tyrone schneider]

When you're looking at the prices of different vehicles, hybrid cars
often will tend to be slightly pricier. Because of advanced technology
which is within hybrids, they may cost an extra dozen or $2000 or more
over the conventional gasoline powered equivalent. The main reason for
the difference in price besides the advanced technology is the cost of
the batteries.This is a great deal of money but you also have to
factor in the type of fuel savings you'll be receiving. This article
will first look at an actual Civic hybrid and the difference in price
along with some of the benefits you may receive when buying a hybrid.
A good example can be found when looking at Honda's website. A Civic
sedan starts at $15,010. A Civic hybrid starts at $22,600. At first
blush this may seem like too much money just to help the environment.
There are other factors which must be looked into. When looking at the
conventional Civic sedan, it is estimated that you will receive gas
mileage of 25 miles to the gallon in the city and 36 miles to the
gallon when traveling via Highway. A Civic hybrid is estimated to
receive 45 miles a gallon. If you drive within the city most of the
time, you will be having a fuel savings up to 20 miles per gallon.
This has effectively allowed you to cut the amount of gas you purchase
almost in half every year. You would need to calculate how much you
drive to see whether or not the fuel savings would be greater than the
difference in price. One other financial factor which should come into
play is a tax rebate. The federal government in 2005 allowed a tax
rebate on certain vehicles between $400 and $3400 in deductions. You
would also want to check with your particular state because there may
be a rebate available from that form of government as well....

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