Here is a very interesting question: Why are hybrid vehicles so expensive? When you take into account the manufacturing of these vehicles, and the material used people are starting to wonder about the high price of those cars. Governments from most developed countries are pushing for green energy, and they want to lower and eliminate their dependency to oil. having hybrid cars on the roads is one way of reducing oil consumption, which reduces the need to import oil.
The US government wants to promote hybrid cars, in hopes that in the near future there will be more hybrids on the road than regular cars, so the government is giving tax breaks to the people that buy these cars. The automakers though insist to keep the prices high even though the demand has grown for these cars. For example lets compare the Toyota Camry XLE with the Camry Hybrid XLE. Both cars have the same exact features and options, the only difference is the hybrid technology. The regular Camry XLE costs $24500 where the Camry Hybrid XLE costs $27500.
I understand that the fuel economy is better on the hybrid version, but $3000 dollar difference for the same car? This is why people are becoming smart when it comes to buying a hybrid. Of course they like the cars because they are environmental friendly, but money is very hard to come. And that's the biggest reason from the nearly 1.1 million cars that sell in one average month only 20000 are hybrids. There is no reason why the difference in price should be $3000. If automakers really cared about the environment (as they pretend they do) they would lower the prices so everyone can afford them.
The US government wants to promote hybrid cars, in hopes that in the near future there will be more hybrids on the road than regular cars, so the government is giving tax breaks to the people that buy these cars. The automakers though insist to keep the prices high even though the demand has grown for these cars. For example lets compare the Toyota Camry XLE with the Camry Hybrid XLE. Both cars have the same exact features and options, the only difference is the hybrid technology. The regular Camry XLE costs $24500 where the Camry Hybrid XLE costs $27500.
I understand that the fuel economy is better on the hybrid version, but $3000 dollar difference for the same car? This is why people are becoming smart when it comes to buying a hybrid. Of course they like the cars because they are environmental friendly, but money is very hard to come. And that's the biggest reason from the nearly 1.1 million cars that sell in one average month only 20000 are hybrids. There is no reason why the difference in price should be $3000. If automakers really cared about the environment (as they pretend they do) they would lower the prices so everyone can afford them.
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