Friday, October 14, 2011

Hybrid Versus Gas – What are the Pros and Cons?

There's a lot of talk today about the ever rising gas costs facing us, along with the damage we're doing to the environment through the greenhouse effect. These are two of the main issues that are driving the increasing popularity of hybrid vehicles. Using a combination of electricity and fuel to power themselves, hybrids have long been touted as the best way to drive. But if you're one of the many who remain unconvinced – and even if you aren't – it's a good idea to look at the pros and cons of both hybrid and gas powered vehicles to help decide which is right for you.
So what advantages does a hybrid hold over a purely gasoline driven vehicle?

Cost is a major one, and you'll save on fuel since the hybrid doesn't rely solely on gasoline and will get far better gas mileage.
Five Canadian provinces are offering a one-time tax rebate if you buy a hybrid. Manitoba, Prince Edward Island, Ontario, Quebec, and British Columbia all offer tax credits or rebates of between one and three thousand dollars.

The Vehicle Efficiency Initiative offered nationwide provides as much as a two thousand dollar tax rebate when you buy a brand new hybrid.

Here are a few main drawbacks to owning a hybrid.

There's a good deal of discussion going on at the moment about the cost of upkeep and maintenance for a hybrid vehicle.
Not all mechanics are even qualified to work on them, and there's a good chance that you may pay a little bit more for services.
The initial purchase price for hybrid vehicles is normally somewhat higher than that of gasoline only cars.

Additionally, the parts of Canada that get large snowfalls may not be the best place to own a hybrid.

Auto insurance doesn't really differ much from hybrid to gasoline vehicles, and rates aren't affected by the type of engine your car has. Most drivers agree that they drive and handle the same as well, although hybrids typically have a bit less room inside. If you're interested in saving money on fuel and helping the environment, hybrids are the right choice for you. The tax incentives offered by the government help offset their slightly higher costs, and you'll pay no more for insurance when driving one. The choice is ultimately up to you, but these facts should help you decide. 
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