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Is Owning a Hybrid Right for You?
More hybrid vehicles have been hitting the streets as people become concerned about gas prices and the environment. Learn if owning a hybrid vehicle is right for your lifestyle.
How do hybrid vehicles work?
Hybrid vehicles have both a traditional internal combustion engine and an electric motor. They are unique in that additional energy is created and stored in a battery when the vehicle is coasting or braking. This energy is used to assist the engine when accelerating or climbing a hill—times when the engine is least efficient.
How will you use it?
A factor to consider before purchasing a hybrid vehicle is where you will be driving it. Are you looking for something to drive across town to work everyday or something to run up and down the highway on long trips? Hybrid vehicles are a good fit for in-town use because of their energy-efficient engines and are great for idling in bumper-to-bumper traffic.
To determine if owning a hybrid vehicle is right for you, consider the following factors.
Some features of hybrid vehicles you may enjoy:
- Save money at the pump with better fuel economy
- Easier on the environment by producing less pollution
- Federal and state tax discounts are available on some models—See your tax advisor for more information
Some potential drawbacks of owning a hybrid vehicle include:
- Can be more expensive than traditional vehicles, depending on which model you choose
- Some require more complex maintenance and spare parts
- Hybrid vehicles generally accelerate slower than traditional vehicles
Additional Resources
Use our Auto Research Center to search dealer inventory for hybrid vehicles. You can also check current rates and get preapproved online. Visit our auto loans page for more information.
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