Bad Economy Drives Gas Prices Up; Hybrid Technology Drives Gas Usage Down

(I-Newswire) June 10, 2010 - With the advent of hybrid vehicles in the last decade, consumers are becoming increasingly aware of the importance of driving a fuel-efficient vehicle. People are starting to realize that there is something behind all the green technology and economy hype, and are struggling to find out just how they can get in on this without spending a ton of money for a new car. On average, new cars with hybrid technology are around $25,000. (Source: http://www.toyota.com) For the majority of people with average credit, this means monthly payments of $300 or more. With the struggling job market and economy, that is out of reach for some people. Some websites, like www.converttohybridnow.com, offer services to help vehicle owners retrofit their existing vehicle with hybrid technology by instructing them on how to do it themselves, with their own meager resources.

Can it be done on a budget, and in the middle of a busy lifestyle? Some folks in the do-it-yourself world seem to think so. Consider the following scenario: your existing car gets 21 hwy mpg on average, and gas prices are above $3.00 a gallon in most places. That's 14 cents a mile; for a 300-mile trip (or a week of commuting), that's $42.00. For the weekly commute, that's $168.00 a month. Now, consider the possibility of getting 60 mpg highway; that works out to 5 cents a mile. The same 300-mile distance would cost $15.00. The weekly commute would then be $60.00! Just by going hybrid, a consumer can save, on average, $100 or more per month.

The field of hybrid technology is advancing rapidly, and the demand for fuel-efficient vehicles is increasing. At the outset of the last decade, Toyota sold 150,000 units of their popular Prius cars, steadily increasing over the last 10 years. Currently, global sales have surpassed the 500,000 unit mark, and show only marginal decreases. This is truly the best time to get in on the popular hybrid vehicle trend. (Source: http://www.buzzle.com/articles/121357.html)

All sources taken directly from the Internet websites mentioned herein, and statements made regarding the above content are taken from personal observation, as well as general assumptions that are fact-based. No attempt was made to endorse products by any major manufacturers or their subsidiaries stated herein. As always, the statements made above may not reflect the views of the companies listed herein, or the hosting site of this press release.

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