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What You Need To Know About Hybrid Cars
Hybrid cars definitely help fight the pollution problem by reducing emissions. Hybrid cars combine a gasoline engine with a battery-powered electric motor. The electric motor kicks in at certain because of this hybrid engine gets significantly better gas mileage than a conventional gas engine.
Hybrids consume less gas and produce less pollution per mile than conventional gasoline engines. Hybrid cars have been on the market in the United States since 1999, but more and more are being developed and introduced each year. The hybrid engine currently sold in the Honda Civic Hybrid gets 10 to 15 miles more per gallon than a regular gas engine in the same car. The hybrid engine of the Prius, made by Toyota, produces 90 percent fewer harmful emissions than a comparable gasoline engine.
No doubt about it, these cars are good for the environment! Hybrids are more expensive. Just like with any new technology, you will pay for the privilege of being a pioneer. The hybrid cars on the market today cost as much as $6000 more per car than comparable cars with conventional gas engines. This means that the amount of money you save, or don't save, by buying a hybrid is very much dependent on gasoline prices and also depends upon how long you intend to keep the vehicle. If you are the type person who trades every two years you may very well not benefit from the savings.
If gas is priced at $1.80 per gallon (we wish), it could take the average driver (15,000 miles per year) between 10 and 15 years to amortize the $3500 increase in the initial price. If gas prices stay the way they are at the time of this writing in October, 2005 you will realize savings much more quickly. The Federal government is still offering tax breaks to buyers of hybrid cars through 2006.
The amount of the tax break you are able to claim depends on the year in which you file and the tax bracket you're in. Some individual states also offer tax breaks for hybrid buyers. So maybe being an environmentalist has its tax advantages.
Gregg Hall has been in the automotive industry for over 20 years including owning and managing several dealerships. Ge the auto parts you need
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