Alternative Energy Sources Advantages and Disadvantages

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Economical Issues

  
The hybrids are capable of offering superior fuel efficiency and help protect the environment, why is it then that people do not drive many of there cars? The price of the electric and hybrid vehicles plays a vital role to why some consumers are changing their minds. The following chart provides a comparison of several vehicles and their prices. 

2003 Toyota Prius $20,480
2003 Camry LE $20,285
2003 Honda Insight $19,080
2003 Volkswagen GTI 19,065
2003 Mitsubishi Eclipse $18,137
2003 Celica GT $17,790
2003 Corolla LE Sedan $15,965
2003 Chevrolet Cavalier $14,030
2003 Hyundai Accent $9,499
2003 Kia Rio $9,250
*prices in USD, Source: carpoint.com

   A simple price tag comparison yields a result that leaves customers not wanting to buy the Toyota Prius or the Honda Insight. Some people obviously choose a more fun car to drive, like the Volkswagen GTI or the Mitsubishi Eclipse, instead of the environmentally friendly Prius or Insight.

   Most people do not realize a very simple fact that a Toyota Prius actually pays for itself, by saving you money on gasoline costs. The following example demonstrates how you can save $109 on a return trip from Ottawa to Toronto, Canada.

 

 


Toyota Prius

 
Ford Expedition

Efficiency

22.1km/l

5.52km/l

Distance

800km

800km

Litres

36.2

145

Cost

$36

$145

Save

$109

*Images & Data source: carpoint.com

On a much broader example, it is quite possible that you can save enough money to eventually fully pay for your Toyota Prius.

     
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Eli Marshall. All rights reserved.