What Are the Costs Involved When You Buy A Hybrid Vehicle?

You may think that you are seeing more and more hybrid cars on the roads as you make your daily commute. You are right; the number of hybrid vehicles that are purchased every year is on the rise, and for good reason. These new vehicles use advanced technology that allows them to use be more fuel-efficient and to produce less harmful emissions. However, before you decide to buy a hybrid vehicle you need to be aware of the costs that are involved in both buying and owning one of the fuel saving cars.

If you are sitting on the edge of making a decision of whether to buy a hybrid vehicle or it is more traditional counterpart, you may be interested to know that the government may allow a tax deduction to those people who choose to purchase the more fuel-efficient hybrids. While this deduction is not guaranteed from one year to the next, it has been as high as $2,000 in the past.

These cars require the use of special high mile tires, they are smaller than the tires you are used to purchasing, but can cost considerably more to replace. This may be acceptable to some drivers since the tires last on average 30,000 miles longer than other types of vehicle tires.

Just like conventional vehicles, hybrid cars need a battery to run. While a traditional battery will cost approximately $50-$150 to replace, a battery for a hybrid car costs considerably more, about $2,000-$3,000 and those prices are just for starters. With this in mind, it is important to know that hybrid batteries have been known to run between 8 and 10 years before needing to be replaced.

Many purchasers of hybrid vehicles do so for one reason, they can live with the increases in aftermarket parts and the high prices of mechanics because they know what their car can offer them, fuel savings. On average, a hybrid car gets between 50 miles per gallon (MPG) in the city and up to 70 MPG on the highway. When these numbers are compared to an average of 30 MPG city and 27 MPG highway on a fuel-efficient gas car, the savings are clear.

It is important to note that on average a hybrid vehicle will cost around $3,000 more than its all gas counterpart will. While most people will weigh this price increase against the price of the gas that they will be saving, it can cause a pretty severe case of sticker shock. Be prepared for this if you are shopping for a hybrid.

While it is important to know the costs that are involved when you decided to buy a hybrid vehicle, it is also important to know what you will be saving. For all of the millions of people all over the world, who choose a hybrid over a traditional the bottom line is clear. The savings that they see at the gas pump far outweighs any money that will need to be paid out to keep their vehicle running in the future.