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The Benefits of Hybrids - Car Loans Canada
22 June

The Benefits of Hybrids - Car Loans Canada

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Car Loans Canada

The world of hybrid cars is still evolving. The same can be stated for key aspects of hybrid technology, such as hybrid batteries. Today's hybrids are impressive feats of technology, and the fact that this technology is still evolving and improving rapidly is quite exciting.

There are many diverse benefits to owning a hybrid. In this article, we will look at some of those benefits and why you might want to consider buying a hybrid. As you will see, the benefits to your pocketbook could be impressive.

Some of the benefits of hybrids include:

  • Lower emissions
  • Better mileage
  • Great performance
  • Tax Benefits
  • Reduce your carbon footprint
  • Special warranties are often available for the battery pack
  • Reduced noise pollution

Hybrids Save Money on Gasoline

If you have ever driven a hybrid or know someone who owns a hybrid, then you know that the potential to save money is a very real factor. This is particularly true for those who are doing a lot of city driving and/or make relatively short trips.

If you are making short trips and thus don't have to switch over to gasoline, the cost savings of using a hybrid can be very significant. In fact, many hybrid owners have noted that they rarely fill up their car's gas tank. Of course, if you are driving longer distances, you will not have the exact same experience, but you can be sure that a hybrid will save you money regardless.

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Solar Power and Hybrids

You might not instantly think about solar power and hybrids, but even a small investment in solar panels for your garage's rooftop can work wonders on cutting down on your gas bill, especially in summer months. Around the world many people have found that they can essentially drive for free if they are doing most of their driving in the city and recharging their car's battery with solar.

Hybrids Can Dramatically Increase Your Overall Fuel Efficiency

There is just no way around it; hybrid vehicles can dramatically increase your overall efficiency. Every moment that you are not using gasoline can serve to increase your fuel efficiency, and this is an advantage that can translate into serious cost savings. Charging your car's battery may not be free, but you will save money over filling up the tank at the gas station.

So how much money will you save exactly? It depends on how much you drive, of course. However, there is a calculator at the US Department of Energy website that might help you approximate the answer to this question: http://www.fueleconomy.gov/feg/savemoney.shtml.

Hybrids are Future Proofed

Hybrids can also give you a degree of protection against ever-rising gasoline prices. Canada also offers a nice tax credit for those who buy hybrid vehicles. In the end, there is a lot to love where hybrids are concerned.

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