When thinking about buying a new car, fuel costs for hybrid cars should not necessarily be the lone deciding factor. There are many considerations for determining the benefits of owning a car and insurance, maintenance and reliability are all parts of the equation. Although the higher gas mileage being achieved by many of the new hybrid vehicles, other costs may make the fuel costs for hybrid cars seem insignificant.
For example, the costs of insurance on many hybrid vehicles are higher than on a similar vehicle by the same manufacturer. The technology used in a hybrid may make repair costs higher in the event of a crash and anticipated theft numbers, if for nothing but stealing the cars for their high-tech parts, also puts them in a higher insurance bracket. Add to that the high sticker price demanded by hybrid vehicles and the overall operating costs of the hybrid by outweighing the savings of fuel costs for hybrid cars. Many people consider the fuel costs for hybrid cars when buying a new car, but are also looking to do their part in reducing carbon dioxide emissions into the atmosphere. By using less gas, it produces less pollution, giving those who want to help the environment a choice in how they help.
Most vehicles have no consideration in the price per gallon of gasoline, as it will take the same amount of fuel to go a certain distance whether gas costs one dollar or five dollars a gallon. The frequency of the fill-up may change with hybrid vehicles that are what directly affects the fuel costs for hybrid cars. With many of the newer hybrids boasting fuel economy of between 50 and 60 miles per gallon, other non-hybrid vehicles can make similar mileage claims.
Tests have shown that over a five-year ownership span, driving the same number of miles per year, fuel costs for hybrid cars would have to double per gallon in order for an owner to break even. However, with an unsteady pricing structure for gas and a dubious future in the supply chain, a hybrid vehicle may be considered a bet against the future supply as well as the price.
As hybrid technology continues to improve and more carmakers becoming more convinced of the future consumer demand of hybrid vehicles, prices are sue to come down and when the retail price drops and is coupled with the lower fuel costs for hybrid cars, more people will be jumping on the environmental bandwagon for more reasons than saving the environment.