There was a time when there was only one choice when it came to auto fuel: gas or diesel. Today, hybrid and electric cars have increased those choices, and even combined them to create new options.
Hybrid cars have advantages because they operate on gasoline, which is available everywhere, but take advantage of a battery-powered electric motor (or more than one) to lower fuel use—and emissions—which results in better fuel economy.
The cars are generally more expensive but are worth a look for buyers who are interested in lowering monthly gas costs (without having to charge a battery) and owning an environmentally friendly vehicle. There are more than 50 models available, ranging from SUVs to pickup trucks. To pre-qualify for financing before you visit a dealership, get pre-qualified with Credit Acceptance.
How Hybrids Work
The magic of hybrid vehicles is that they run on gasoline engines that are augmented by battery powered electric motors. “The extra power provided by the electric motor may allow for a smaller combustion engine,” according to the U.S. Department of Energy. “The battery can also power auxiliary loads and reduce engine idling when the vehicle is stopped. Together, these features result in better fuel economy without sacrificing performance.”
Traditional hybrids cannot plug in and charge, though there is a new class of vehicle known as a plug-in hybrid. Instead, on most hybrids, battery charging takes place onboard. Cars use the gas engine to charge the battery powering the electric motor, as well as a process called “regenerative braking” that generates energy for the battery when you hit the brakes.
Advantages of Hybrid Cars
One major advantage of hybrids is that they do not require a change in driving habits. You can drive a hybrid just like you do a traditional gas-powered car because they do not have to be plugged into a charger. Most also have a similar or perhaps an even greater range on a single tank of gas
But the primary advantage is fuel economy. Because the electric motor can reduce use of the gas engine, or even allow it to turn off completely at times, hybrids use less gas.
Disadvantages of Hybrid Cars
The biggest drawbacks to hybrids are associated with costs. Because hybrids have been around for years, they may not have the same tax advantages that are afforded to fully electric vehicles. Hybrids also cost more than traditional gas-powered cars.
If you are interested in buying a hybrid, one strategy is to tackle your financing first. This can help you enter a dealership with confidence. Pre-qualify with Credit Acceptance to learn more about your financing options.
