Hybrid cars are becoming more and more popular today. This is because the gas prices keep rising every day. So people are looking into cars that can save them at the pump. Hybrid cars have existed for many years, but only in the past 10 years they have become popular.
Hybrid cars offer great fuel efficiency, and reduced emissions. This is why people are buying these cars. Because of this fact the manufacturers sell these cars at a much higher price than the other cars of the same type. For example the Toyota Prius is the most popular hybrid car on the road. It is on the came category as the Toyota Corolla. The only difference is the price. The Prius starts at $24000, where the Corolla starts at $16000. There is a difference of $8000, but most people think the gas mileage difference is so much that it will cover the difference in price in e few years.
Well here is the tricky part. The Prius has am EPA estimated fuel efficiency of 45mpg city and40mpg highway with an estimated annual fuel cost of $1350. The Corolla has an EPA estimate of 37 mpg highway and 29mpg city with an estimated annual fuel cost of $1900. Basically the consumer will save $550 or a little bit more a year if the consumer chooses the hybrid. To cover the $8000 difference the consumer must own the Prius for more than 10 years at least. Another fact about the Prius is that the horsepower is significantly lower than the Corollas. Off course the manufacturers can produce high horsepower hybrids, but the price will be even higher.
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