My family owns a Volvo 2008 XC 90. We have had it for about 7 years. We like it, but would like some sort of an upgrade. We looked on Kelley Blue Book to see what the trade in value for our car. It is worth about 5k. Not a bad price, but we could have gotten a better one. We looked on the internet to find a hybrid. We found a few choices, but narrowed it down to the 2016 Toyota Prius Two Hatchback. It costs from $24,095 to $22,095. If we reduce the price compared to our trade in value, we get an $18,095 car. This is a good price, but we also have to consider some other things as well. First, we will looked at the mileage. We drive about 1200 miles a month. If we take the price of gas, which is about $2.20 per gallon, we pay about $121 in one month. If we take it one step further, we pay about $1,452 in one year. A lot of money for travel. So how much does this hybrid save us? Well based on the mileage, the cost of gas, and …show more content…
To do this we subtract $18,095 and $73.02 twelve times to represent the twelve months. If we do this we get a reduction of $17,218.76 which means we regained only $876.24 in one year. Now that may sound like a lot, but this actually a pretty small amount. So every year we regain $876.24 to our account. If we subtract 876.24 from the car price, it would literally take us 20 years and a half to regain all that money from buying the hybrid. That is a super long time even though we saved a lot on gas. Overall I think that buying a hybrid vehicle for our family is a bad idea. It would take way too long to repay even though we save a bunch on gas. In 20 and a half years, I would be out of college and living my own life. My parents would have probably sold the car already. I think it is just a waste of money to buy this vehicle. It wouldn’t be that great financially even though it helps the environment. Buying a hybrid vehicle is a bad idea to
Finally, hybrid cars can travel vast distances without needing to be recharged. For instance, the Tesla Model S can travel 260 miles without needing a recharge(Howard, “Gas vs. Diesel vs.Hybrid”). For gas cars, every mile they travel can exhale many gallons of harmful pollution(Durbin, “Investment in Solar Panels can Pay off…”). Since the hybrid car produces 0% harmful emissions, one hybrid would make a severe impact on the environment, saving tons of pollution from entering the atmosphere. While a hybrid car is driving, it also produces less sound pollution than a normal gas car while in
Given your previous estimate from 1 and 2, estimate the total cost of driving the hybrid model for one year. Also estimate the total cost of driving the non-hybrid model for one year. Calculate the savings offered by the hybrid model over the non-hybrid model.
Three years ago, a sixteenth birthday gave me a 1998 Buick LeSabre to call my very own. Extremely grateful as a young teenager, I drove it everywhere becoming a close companion with it. As the years have past, the excitement began to wear off, growing into a love-hate relationship with the now high-maintenance car. It constantly asks for more money to be spent on it, such as gas or new tires, and it has driven us apart. The LeSabre was my first, but I do not know if we are right for each other anymore; so I began looking at other cars. Concerned for the future, hybrid vehicles seduced me into its consideration. Alluring promises to help save the planet with its independence of fossil fuels, and to save money with lower gas consumption, gave
Today the number of hybrid cars has increased due to the cost of gasoline going up and the environment fulfilling pollution. California is one of the state that have the highest population, which means the number of fuel car is also high compared to other state. The government of the United State as a whole have not assigned any rule for people to reduce driving fuel car instead of hybrid car or taking subway yet. However, we know that the gasoline engine automobile have been polluted our environment in many decades. As up today, we need to save it from limiting the gasoline car being active and replacing it with hybrid transportation. First of all, we all need to know what a hybrid car is. The hybrid car is the combination of both electronic
Hybrid cars are better than traditional cars because they more efficient. Automotive technicians explains that hybrid cars are getting a minimum of energy to be used on them. John Kelly says “This teamwork results in hybrids that get close to 50 miles per gallon, a 25-percent improvement over gasoline-only vehicles.” Basically, John Kelly is saying hybrid cars get up to 50 miles per gallon, they increased the amount of regular cars. This means they use less in gas at low speeds and at high speeds than the engine kicks in and gives that satisfy the customer needs for speed. Automotive technicians indicates that when the car is not moving then the gasoline engine shuts off to not waste gas. John Kelly says “The battery provides energy for the
Whether for ecological or economic reasons, consumers are feeling a pressing need to purchase a fuel-efficient automobile. However, the array of choices on the market are staggering. Not only do consumers have the choice between different brands of automobile manufactures; manufacturers are also offering different types of fuel-efficient cars. Some fuel-efficient cars use traditional internal combustion engines alone; others offer the option to use alternative fuel sources like diesel and biodiesel; and others yet offer the opportunity to drive a car with an electric or a hybrid engine. The decision of which fuel-efficient car to purchase depends on several lifestyle factors. Price sensitivity and prestige are issues to be considered when making the choice between fuel efficient or hybrid car. Concern for the environment and for reducing dependence on fossil fuel might be an impetus for choosing hybrid over a fuel-efficient traditional car. Moreover, driving and usage patterns are among the most salient issues impacting the choice between a standard fuel-efficient car versus a hybrid electric car. Generally, standard fuel-efficient automobiles are better for drivers who are price sensitive and who drive longer distances less often, whereas hybrid electric automobiles will be more attractive to drivers who commute relatively short distances to work every day. Price, politics, and driving patterns are the most important points of reference when comparing a hybrid with a
Another reason not to purchase a hybrid vehicle is the cost, most people know a hybrid vehicle will cost them more money. In 2012 a brand new ford fusion base model would cost you $20,705 base price and the hybrid base model costing significantly more at $28,775 roughly an $8,000 price increase (George & Hall-Geiser). The difference in cost per year is only $450 if you take the difference in price and divide it by the $450 it shows that it will take you roughly 17 years to recuperate the difference in price of a hybrid vs. a gas powered model (Find and Compare Cars). With the hybrid and gas powered vehicle having the same size gas tank and the cost to fill both vehicles the gas the same, sill the hybrid has an average 41 miles per gallon in the city with the same gas powered model averaging 22 miles per gallon which is a huge difference (Find and Compare Cars). The average mileage per gallon on the highway is 30 miles per gallon in the gas powered model and the hybrid model averaging 36 miles per gallon, which would show little difference in distance where it
Makers of the hybrid cars need to evaluate the prices of other cars that are comparable and base its prices upon those results. Also, creating a bigger selection of hybrids to choose from would also be a plus. Therefore, if there is a big selection of these cars,
These hybrid cars have been tested and matched up against conventional cars in almost every category possible. One of the main, and important, categories is the gas mileage, and this is one of the best reasons why people decide to go for these hybrid models. For a regular, conventional engine, vehicle, there is only one source of energy powering the engine, and therefore the car, and we all know that is gasoline. But with the hybrids, there is that second energy
A number of hybrid vehicles have been built and tested since 1980. Some of these vehicles have impressed analysts with their performance and low levels of exhaust and petroleum consumption. Interest in hybrid vehicles jumped in late 1993 with the announcement of funding for
Many consumers are becoming more environmentally conscious about the kind of vehicles they drive and how they impact the environment, as a result, hybrid cars are becoming more popular. Hybrid vehicles conserves fuel and produces less carbon oxide emissions, as a result, many cities in the United States are switching their public transportation and other service vehicles to hybrid cars. In addition to being environmentally friendly, hybrid vehicles have less dependence on fossil fuels, has a regenerative braking system, they are built from light material, they have high resale value, and they are financial benefits of having a hybrid vehicle.
The hybrid can work in two different ways: Either both the gasoline engine and the electric batteries power the car at the same time, or the gasoline engine turns a generator which either charges the batteries or powers the car itself. In this case the gasoline engine does not directly power the car. In fact the hybrid can sometimes turn off its gasoline engine completely, to conserve energy. The average hybrid car will get 20 to 30 miles per gallon more than the conventional internal combustion engine. Although the hybrid sounds like an effective alternative for transportation there are drawbacks. For instance, it takes about 1000 pounds of batteries to create the same amount of energy produced by 1 gallon, or 7 pounds of gasoline. A car weighing an extra thousand pounds would not get many places very fast even if it were to be fully charged.
In General, a hybrid car has a gas mileage of forty eight miles per gallon in city and sixty miles per gallon on highway. Hybrid cars are extremely, enormously, and tremendously gas efficient cars compared to the one and only gasoline powered engine cars. Hybrid car weight is lighter than the gasoline powered engine cars. One of the reason which
The return of hybrid cars to the auto market has been rather recent. In the December 2005 issue of Motor Trend, an especially large special advertising section was released. Entitled “The Green Space”, this advertising campaign was geared towards educating the public about new and upcoming models of hybrid cars to be released in the 2006-2007 year. In seven pages the ad analyzes nine models of hybrid cars. The point of this ad campaign is to show the versatility of hybrid cars. Today, many people shy away from the idea of buying a hybrid car because there is a common misconception that these cars only come in fancy futuristic models that function more at an aesthetic level than a practical one. “The Green
While the energy companies may not get as much of your money, you may or may not see a net benefit financially. A simple fuel savings calculator can give you a rough idea of how much you will save by switching to a hybrid vehicle. However, at the present rate of price differences between higher-priced hybrid cars and traditional cars, it is almost impossible to save enough in fuel to make up the difference. Consumeraffairs.com estimates it would take driving 120,000 miles before the cost difference between a hybrid Toyota Prius and a traditional Toyota Corolla was made up in fuel savings.