While hybrid cars continue to be more expensive than conventional gas-powered cars, there are still many other benefits that more than compensates for the premium that you have to pay.
1. One of the main hybrid car benefits is, of course, that hybrids reduce the amount of toxic emissions produced by the internal combustion engine. In general, it produce 80% less greenhouse gases and other pollutants from their tailpipes compared to their gas-powered counterparts. This translates to a cleaner and more environmentally-friendly car. And future hybrid car models promise to reduce emissions even more, with the eventual aim of producing zero emission vehicles.
2. Another of the much-touted benefits is their fuel economy. According to the Environmental Protection Agency (EPA)'s 2010 list of the most fuel-efficient cars in the US, nine of the ten most fuel-efficient cars were hybrids with the Toyota Prius landing at number one, with a fuel efficiency of 51 mpg in the city and 48 mpg in the highway.
3. As a corollary to the fuel economy hybrid car benefits, you can save money on your gas bills since you have to refill your tank less often. This is an important consideration since many analysts believe that the era of cheap oil is over and pump prices have no place to go but up in the long-term.
4. If you are an early adapter of plug-in hybrid technology, you can enjoy incentives as one of your benefits. Although incentives for conventional hybrids have already lapsed and are not likely to be revived, the Obama administration is offering tax credits of up to $7,500 for private buyers of plug-in hybrids plus $2,000 for the installation of charging equipment. Many states are also offering tax credits, such as California which is providing tax credits of up to $5,000 towards the purchase of plug-ins under it s program to encourage the adoption of zero-emission vehicles.
5. Cheaper operating costs are also one of the major benefits of hybrid cars. According to the US Department of Energy, conventional hybrid cars cost $0.05 to $0.07 per mile to run against comparable gas-powered vehicles that cost $0.10 to $0.15 per mile. For plug-ins, the savings are even higher, with operating costs of just $0.02 to $0.04 per mile based on average US electricity costs. But even when the plug-in hybrid is running on electricity, the user can still enjoy substantial cost savings, since they have operating costs similar to those of conventional hybrids.
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