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Why Are Hybrids More Expensive Than Conventional Vehicles?

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If local, state, and federal environmental agencies would prefer people drive hybrids to reduce your greenhouse gas emissions, why do they allow the cars to be priced out of most people’s reach? Well, the answer isn’t simple. It boils down to many factors that Kirk’s Auto Care is happy to detail below.

It Depends on the Manufacturer

First of all, not all hybrids are more expensive than their gas counterparts. After all, vehicle price is dictated by the manufacturer, and if the manufacturer wants to present the public with an affordable hybrid, it will. For example, the days of most hybrids costing almost $13,000 more than a gas-driven machine are gone, unless you look to Lexus or Volkswagen for your hybrid model. Mercedes-Benz, Buick, and Lincoln all offer hybrids priced less than some of the conventional offerings, so your best bet is to do your research if you want to buy a hybrid. You might find a comparable hybrid that will actually cost you less than a conventional vehicle.

Technology

Some might argue that technology is the reason why hybrids are more expensive, but that technology has been ironed out over the last couple of decades to streamline the manufacturing process and reduce the overall sticker price. When you couple that with tax incentives – some authorities still offer credits or reductions – and lower maintenance costs, you might find that the hybrid of your choice is worth the higher sticker price. Another perk of owning a hybrid could be reduced auto insurance costs, as many carriers reward hybrid owners with lower rates.

Wait a Minute! Lower Maintenance Costs?

You may have heard horror stories of electric vehicle batteries wearing down quickly and costing thousands of dollars to replace, but the technology behind these batteries has grown significantly. Today’s electric battery can last well over 100,000 miles, and the hybrid overall requires less maintenance than fuel-driven automobiles. The gas portion of the engine requires the same maintenance as a conventional vehicle, but hybrids come with extras that save money in the end: regenerative brake systems and lower fuel costs.

Have you noticed an interesting pattern in this blog post? We figured you would. Two decades ago when the hybrid was first introduced in the United States by Honda, the vehicle cost much more than conventional automobiles. Today, the hybrid might not only be priced less than a conventional vehicle, but it will also save you automobile expenses in the end.

Kirk’s Auto Care services hybrid vehicles in Livonia, MI. Call us today at 734-402-8722.

Call Kirk's Auto Care at 734-402-8722 for an appointment today!

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