| Hybrid Cars Save Money If you have been | | | | in the form of a tax credit. Meanwhile, you |
| sitting on the fence about deciding to | | | | will enjoy long term savings on fuel costs. |
| purchase a Hybrid car, you no longer have any | | | | |
| excuse to be squeamish. Consumer Reports just | | | | Did you know that as of 2006, Hybrids account |
| released a study this August that confirms | | | | for only 1% of new car sales in the US? As |
| that Hybrid cars will in fact save you money | | | | gas prices rise, the ratio will likely change |
| over the long run. | | | | as people seek to cut costs out of rising |
| | | | fuel prices. Unfortunately, if you wait too |
| The combination of generous tax credits along | | | | long you will no longer be able to take |
| with the fuel saving nature of these vehicles | | | | advantage of the tax credits that are being |
| is what makes them a good long term value. | | | | phased out. If you are considering purchasing |
| The difference in up front cost between a | | | | a Hybrid car, you are better to do it now. |
| hybrid and its traditional counterpart is | | | | |
| often between $1200 and $7000. Thats a wide | | | | The study, conducted by Consumer Reports |
| gap, and can be enough to leave you wondering | | | | assumes that you keep your Hybrid car for |
| if its worth it. | | | | several years, long enough to notice the |
| | | | difference in cost of filling up. Of course, |
| The good news is that if you act fast and | | | | the more you drive to work, school, or on |
| purchase your new Hybrid car before the tax | | | | vacation, the faster and greater your savings |
| credits phase out in 2007, alot of that | | | | will add up. |
| upfront additional cost will come back to you | | | | |