What are the non-economic/environmental benefits of a hybrid car?
Ecologically, there’s no question that hybrids outshine even the most efficient economy cars in terms of their environmental credentials.
However its worth looking at some of the intangible social, economic and environmental impacts of purchasing a hybrid.
Will a hybrid be a cheaper alternative to standard fuel cars?
Answering this question is often a reflection of the writer’s political beliefs as opposed to sound economics.
See an example of how hybrids can be costed to be cheaper
See this comment on the same post for an opposite perspective
Establishing the economic benefits of purchasing a hybrid vehicle depends to a very significant extent on your driving habits, the vehicle you intend to purchase and the state you live in (in terms of the rebates you can access) The general consensus at the moment seems to be that its a relatively break-even proposition, improved gas mileage will off-set the greater upfront cost.
See this post for a very detailed mathematical discussion of that perspective
What about the other intangible benefits?
There are three additional things that are worth considering that might shape your purchase.
1. Hybrid vehicles retain their value to a great extent than standard fuel cars - the resale value of a hybrid can be up to 30% higher than a comparable standard fuel model from the same year.
2. Increased demand for hybrids is leading to an expansion in the number of mechanics who can perform repairs. Most new hybrids also come with substantial warranties that give you extra peace of mind.
3. Hybrid technology is still comparatively new. As oil prices continue to increase and the technology gets cheaper the value proposition is going to look increasingly attractive.


