Mechanic IQ

February 6, 2010

Make The Choice For Yourself: Between A Hybrid Car And A Brand New Car

The increasing hue and cry over unfathomable amounts of gas emissions has led to the adoption of many “green” or eco-friendly practices. With increased public awareness, various companies and conglomerates have been forced to take steps to reduce gas emissions and adopt a more economically friendly approach to help save the environment. Like all the other industries, the automobile industry has also taken steps in this direction.

The dual sources of power namely electricity and gasoline happen to be the defining point for hybrid cars. With the control in the contaminants going above ninety percent, it can be safely concluded that these cars are environment friendly. As far as regular cars go, their emissions comprise of carbon dioxide, sulphur, carbon monoxide, all of which are harmful for health. As for hybrid cars, they are safer than those cars that depend on a power source of gasoline.

Replacement of Hybrid Cars is free. The depreciation rate is lower as compared to the other cars. It keeps the value of the hybrid cars higher. These cars offer higher fuel economy.

If you consider purchasing a rarely used car, it is considered a smart financial move. Motor vehicles lose much of their value in their first year of ownership. By purchasing the car after one to four years of use, you can save a lot of money and instead end up letting someone else take the depreciation hit.

However, the same rule does not apply on hybrid cars. They are still considered to be a fine deal for the buyers, but you need to move forward cautiously and think about issues that are central to these cars. Brand new hybrid cars are much expensive to purchase but that sort of equals out when you consider other expensive normal cars.

When purchasing an already-used hybrid car, it is a good idea to get it checked by a car dealer. A history report of the car can be of great help to you as it provides you an insight into any reported accidents. This information is quite valuable because it affects the performance, safety and value of the car.

Purchasing a used hybrid car does not eliminate depreciation completely, but goes a long way to minimize it.

Buying a used hybrid car does not eradicate depreciation entirely, but goes a long way to minimize it. A major online used car websites indicate that buying a used hybrid car can slash up to half of the cost of a hybrid car when compared to buying a new one.

It compares with 66% for a gas-engine Civic. After five years, the hybrid car retains just 43% of its original value, compared with 50% or so for the conventional Civic.

When it comes to rapid depreciation, one can call it a double-edged sword. When you buy a used car at a cheaper price, it is not the same as what you get when you sell the car, as you have paid a higher cost of ownership, something that offsets any kind of fuel savings.

Discover more about Lexus Hybrid Cars, visit the Lexus website for more information and to book a test drive.

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