As the hybrid car tax breaks are a thing of the past, it is still cheaper to buy a hybrid? The answer, as you will see, is a resounding "Yes". For one thing, the prices have come significantly in the last couple of years down. In 2011, as a whole has seen drastically reduced prices in the hybrid vehicle industry.
But the benefits do not stop there: They are also money by not fix your engine after 200,000 miles or save more. In addition, the brakes are virtually last forever - further savings. (We cover the reasons why in a moment.) And do not forget your time: your time is valuable too, and that the time to repair your car's brakes or takes precious time.
But first, a quick break and interesting rundown on the now expired hybrid car tax: The reason why the federal government so generously in 2006 is suddenly due to the higher prices, buyers are faced with. This meant that far fewer cars would be sold. You see, the U.S. government felt obliged to help our automotive industry - what they had done little or nothing to help, they keep up with Japanese automotive technology.
Our Japanese friends-engineered from us shortly after President Clinton instructed the hybrid car program in 1993. Japan's total domination of technology led to the complete withdrawal of U.S. auto manufacturers from the program until 2001. Since up to this point, the Toyota Prius was everywhere, with Honda not far behind.
Where was the U.S.? Ford and a few other automakers in Detroit were quietly making deals with Toyota to license their technology. It is no secret that the U.S. has played "catch up" to Japan in nearly all technologies in the automotive industry for many years. And hybrid technology is definitely no exception.
Here's why the government's hybrid car tax rebate program was bad (and was closed prematurely): Buyer would get a $ 400 tax credit for every 25% improvement in efficiency over the all-gas counterpart of the same weight. But there was a catch:
This loan has been sold for the first 60,000 vehicles of any other manufacturer. Some - such as Ford, for example, not even to make 60,000 hybrids this year plan. So any person who would buy a Ford to get the loan. But no one wanted a Ford.
Toyota, however, blew through their 60,000 quota in no time flat, so that the remaining buyers federal tax credit-less.
However, 2011 is a very different story: Fast forward to 2011: The Ford Fusion Hybrid and the Toyota Prius are the # 1 and # 2 requested Hybrids! Boy, the U.S. automakers have made a comeback.
But back to why you're standing more than gas money (which is huge by itself) save: Since the electric motor - that will last basically 'forever' in a hybrid - does most of the wear 'n tear work that the gas engine have to do otherwise:
Which is the vehicle from a standstill up to thirty miles per hour. It's just that the gasoline engine takes over. Petrol engines get most of their wear (and drink gas) from zero to about 20-30 mph then they are very efficient to keep the car at high speed.
Well, the brakes: Since hybrids a wonderful technology called "recuperation", the brake pads and other components get to use very little use, when you step on the brake pedal in a hybrid, you are 're-capture' the energy of the vehicle is stopped (via a generator) and Save this energy in the batteries. (And then you get the batteries back up to around 30 mph with this energy from stored slammed on the brakes.)
So go ahead and buy a hybrid electric car. Your wallet will thank you, not not to mention get an all-natural gas vehicle at the time of saving....
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