the price of gas driving demand, take a
sneak peak at the future of car buying in the USA...
Demand for the Toyota Prius and other hybrid car models has steadily grown
since their introduction in the 1990s.
With gas prices
at an all-time high, owners of new hybrid gas-electric cars (now
getting on average 50-plus miles per gallon) are laughing all
the way to the bank.
Growing demand for hybrid cars - long believed to be the vehicle
of choice for either aging hippies or consumers "on the fringe"
- may about to revolutionize car buying in the traditional land
of the gas
hybrids are most popular among Californians, especially in the
San Francisco Bay Area and Los Angeles. Cities where traffic and
gas prices make hybrids a smart choice also include Chicago, Washington,
DC, and New York.
say it may be a decade before the vast majority of car owners
in America are driving vehicles powered by both gas and electricity.
However, with gas
prices at more than $4 a gallon, recent buying trends
say hybrids may well be here to stay.
Announced in 2012, a kit to convert any gas powered car or truck into a hybrid is planned to go on sale iin 2012, adding about 10 miles per gallon on average. When it comes to market the kit will retail for around $3,000 with customers achieving payback in as little as three years.
The reasons for the upsurge in hybrid car interest are obvious, and "Budgeting 101" plays
a big part in car owners considerations. In a recent poll by Harris
Interactive and Kelley
Blue Book, for example, 49 percent of new car buyers said
that gas prices would play a large part in the car they would
But does that
mean most consumers will pick a hybrid?
are betting on it. At least a dozen hybrid car models were introduced
by 2006, and more are forecast to be on the road in the years
to come as gas prices show no sign of stabilizing any time soon.
Patriotic fervor for reducing America's oil
dependence - as well as saving a buck at the gas station - may well push even the most ardent
big car enthusiastic to take another look at hybrids.
More about hybrid cars around the Web:
Car Journal -
Excellent guide to the latest models of hybrids and smart cars
with general how to's on gas savings, along with a history of
the hybrid car and stalled attempts at their manufacture in the
Guide from the U.S. Department of Energy on hybrids, diesel and
fuel alternatives, tips on better gas mileage and car comparisons
using criteria such as greenhouse gas emissions, air pollution
ratings, and safety information.