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  • What You Need To Know About Hybrid Cars

    Over the last several years consumers have started to request alternative financing to a traditional mortgage from lending companies. The mortgage lenders response to this overwhelming demand was the creation of hybrid loans. What exactly are hybrid loans you may be asking yourself? Hybrid loans include some of the following.

    Piggy back loans are hybrid loans that allow consumers the opportunity to purchase a home with a smaller down payment and possible avoid having to have private m ...
    Author: Brian Park
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    The Hybrid Car

    A hybrid car has a small engine that is fuel efficient, which is combined with an electric motor that aids the engine when additional power is needed during acceleration. The electric motor gets its power from battery banks which continuously charge while you are driving.

    Energy is conserved when you stop because the engine is shut off automatically. Then, when you apply gas, it automatically restarts.

    The hybrid car also uses a more advanced aerodynamic lightweight body, and combines it with low roll resistant tires that are stiffer and narrower to help reduce drag.

    In 2004, out of the 17 million vehicles sold there were around 80,000 hybrid vehicles sold. By 2005 that number had increased by 1.2% to 200,000, and it's estimated that by 2007 more than 400,000 hybrids will be sold.

    There are several hybrids currently available in North America. They include the Honda Civic, Honda Accord, Honda Insight, Toyota Prius, and the Mercury Mariner. There are also Hybrid SUVs available - the Ford Escape, the Lexus 400H and the Toyota Highlander, and many new models are on the way.

    The Toyota Prius holds 52% of the hybrid market with just under 108,000 vehicles. The Honda Civic is the next most popular with 25,000 vehicles.

    Now that consumer support for the hybrids has arrived, auto manufacturers are increasing the pace at which they introduce hybrid models. Just starting to come out are the Honda CR V SUV, Saturn Vue, Hyundai Accent, and Kia Rio are being introduced as hybrid models. In 2007 we will see the Toyota Camry, Honda Fit, Mazda Tribute, Chevrolet Malibu, and Nissan Altima; and 2008 will see the Ford Fusion and Mercury Millan available as hybrids.

    And as an added bonus in the United States, consumers that purchase a hybrid will get a tax break. Those purchasing fuel-cell vehicles will get up to $8000 in tax breaks, and those purchasing alternative fuel vehicles that weigh less than 8,500 pounds get a $2500 tax break. It's a nice pleasant surprise!


     


  • Electric Car


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  • Various Toyota Hybrids Get Tax Credit Certification From IRS
    Starting in 2006, individuals buying hybrid cars will get a tax credit instead of a tax deduction. The IRS has just started to kick out the exact amounts you can claim for your new hybrid.

    Various Toyota Hybrids Get Tax Credit Certification From IRS

    Under the Energy Policy Act of 2005, the tax benefits of owning a hybrid vehicle underwent significant changes. Whereas you could previously claim a tax deduction, the new law converted the deduction into a tax credit. Tax credits are FAR more valuable than deductions, beca ...
    Author: Richard Chapo
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  • Ford Escape Hybrid : First Gas-Electric-Powered SUV and Ford Replacement Parts for Its Exceptional

    The Ford Escape Hybrid is a fuel-saving, gas-electric hybrid-power version of small, four-door sport-utility vehicle, available with front-wheel drive (FWD) or four-wheel drive (4x4). Its power train has 2.3-liter, four-cylinder gas engine rated 133 horsepower at 6,000 rpm, 129 pounds-feet of torque at 4,500 rpm; synchronous AC electric motor rated 94 hp from 3,000 to 5,000 rpm; 330-volt battery pack under rear cargo floor; electronically controlled, continuously variable transmission. Maxi ...
    Author: Jenny McLane
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