Is It Worth It To Sell My Car And Buy A Hybrid?
As gas prices continue to fluctuate and hybrid technology becomes more and more advanced, many drivers are making the switch over to hybrid or fully gas-free vehicles – and automakers have taken the hint, producing more and more efficient and affordable hybrid and electric models each year.
This might leave potential car buyers in a bit of a pickle: “Is it worth it,” you may ask, “to sell my car and buy a hybrid?”
This can be a tricky decision, and requires a lot of pro-con consideration of the two options. Depending on how you use your car ad what you value in a vehicle, however, it may indeed be worth it to offload that gas guzzler and spring for an efficient hybrid model.
Obviously, one of the most immediate benefits you’ll see to trading in your gas engine for a hybrid is less money spent at the pump. While it’s true that hybrid cars often do cost a few thousand dollars more than their standard competition, many – like the 2016 Chevy Volt – are designed to run on electric-only power only as long as possible before switching on the gas motor. The Volt, for instance, can travel up to 53 miles on its battery alone, meaning most drivers can get by on their daily commute without ever using a drop of gas. This means compound savings on gas – which will easily cover the extra cost of the vehicle in a few year’s time.
Many hybrid electric cars can be programmed to charge during certain hours of the day, meaning you can charge your vehicle at off-peak electric rates. This can reduce your cost-per-mile from a few dollars to a few cents, literally overnight.
More and more hybrids are also utilizing regenerative braking technology which captures kinetic energy produced when the car is moving but the accelerator isn’t being depressed, like braking or going downhill, and stores it for later use. This means you can power your battery just by driving – so much so that some models, like the new hybrid Chevy Malibu, don’t even have a plug.
Won’t I Lose Performance Power?
One of the most common issues quoted by those dubious of the value of a hybrid is that of performance. Many who have not driven a hybrid are under the misconception that hybrid vehicles are somehow lacking in power, or accelerate too slowly.
This, of course, is no longer the case. Just take a look at the 2016 Chevy Malibu hybrid, which boasts an impressive 182 horsepower with its hybrid system at full power, and can reach speeds up to 55 miles per hour on electric power alone. Plus, since an electric motor has none of the moving parts that need to churn up or wait for oil found on a gas engine, acceleration is instantaneous – once you hit the accelerator, the Malibu launches forward seamlessly. Clearly, not every hybrid is meant to be left in the dust.
These are some of the major things you should consider when you find yourself thinking about getting rid of that used beater and taking on an efficient new hybrid car. Plus, with the technology only improving each day, things are definitely looking up for the future of hybrid vehicles- so now might be the time to get yours.