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The Financial Benefits of Hybrid Cars


When people typically discuss hybrids, the conversation often focuses on carbon emissions and lowering one’s carbon footprint. Whilst this is certainly useful, it’s not the only thing that hybrid cars can do for the modern motorist.

Like any other vehicle, there are plenty of financial aspects to consider with a hybrid. Running costs and other factors all play a keen part in any new choice of car. With this in mind, it’s always worth exploring hybrid cars and how they perform from a financial perspective.

Keeping style

First of all, don’t assume you have to make any sacrifices when it comes to style. Whilst hybrids may have been very niche when they first appeared they are certainly more popular now. This has lead to some modern and stylish hybrids that don’t look out of place on any road.

Take the luxury hybrid LS 600h L from Lexus, for instance. On the outside, this is the typical saloon with smooth, sleek lines defining its shape. Yet, underneath the luxurious frame and bodywork lies two engines; the heart of any fully hybrid vehicle.

Lowering costs

Whilst having a fashionable car you’re happy to be seen driving is always positive, it doesn’t escape the long term financial prospects. Fortunately, hybrid technology can be a very rewarding investment, especially if you’re planning on driving the vehicle for a long period of time. Like any investment, you’ll make more savings the further you go.

Chief amongst these benefits is the fuel usage. The likes of Lexus hybrid cars are designed to use as little fuel as possible. As such, you can reach emissions as low as 218g/km with the LS 600h L. This should demonstrate how little fuel is used, reducing the running costs of the vehicle greatly.

Of course, this is only when you’re using the engine; if you’re driving in residential areas or with light traffic you might not even need the fuel engine at all. In such a case, your emissions will be much lower.

Furthermore, you should always look up the insurance and tax figures for any new vehicle. In the case of hybrids, you’ll be pleasantly surprised. Hybrids typically have a smaller engine, pushing them into lower price categories and this bodes well when it comes to sorting the insurance. Likewise, reduced taxes and various other benefits (such as exemption from the London congestion charge) help all the same.

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