Like with any large ticket purchase, there are pros and cons to buying a hybrid car that you should consider before taking the plunge. Here are just a few considerations.
Price vs. Tax Deduction
The higher cost you’ll pay for a hybrid car (which on average runs about $3000 more than standard transmission cars) could be significantly offset by the federal tax incentives you’ll qualify for. These incentives vary, and can range anywhere from $500 - $3000.
Ecological vs. Economical
The ecological benefits of owning a hybrid car could come to you at added cost if you ever have to have repair work done. Since hybrids aren’t as common, replacement parts more difficult to come by and is therefore more expensive.
Thinking of buying a hybrid car? Contact your local auto dealertoday to explore your options.
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