ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Why You Should Consider a Hybrid for Your Next Vehicle

photo

SPONSORED CONTENT -- (StatePoint) With gas prices surging and national efforts being made to reduce carbon emissions, you may be eyeing car models that promise to reduce or even eliminate your reliance on gas. However, depending on your lifestyle, location, finances, driving habits and other factors, you may not be ready to go fully electric just yet. The good news? A hybrid is a great transitional vehicle to put you on the path to more sustainable driving now. Here’s why:

Hybrid vehicles, which combine smaller gas engines with battery-powered electric motors, make it possible for anyone to contribute to the fight against carbon emissions and reduce their gas expenses. In fact, today’s hybrids achieve 20-35% better fuel economy than conventional internal combustion engines, according to Green America. In the short term, hybrids are a cost-effective option compared with most all-electric vehicles currently on the market. While a battery electric vehicle will save you even further on fuel costs down the line, the average transaction price for one of these rides is still well above $60,000.

A hybrid is also a key alternative to electric vehicles for those who live in locations where the current electric vehicle infrastructure doesn’t yet support everyday transport, or for those who don’t own a home where they can charge a vehicle at night. With greater fuel economy than a traditional internal combustion engine, and requiring no lifestyle overhaul to operate, hybrids are one way to reduce carbon emissions today.

Given these varied benefits, and the rising number of available vehicles with a hybrid powertrain, it’s no surprise that annual hybrid sales in the United States have more than doubled since 2019.

As you shop around, be sure to look for manufacturers with hybrids available across their entire lineup, from pickups and SUVs to sedans. This will help you find a model that matches your needs. Sporting blue badges, it’s easy to spot Toyota’s hybrid options on the lot. While hybrid technology has historically cost more, prices are leveling, and budget-conscious buyers will find options under $30k, including the Corolla Hybrid and the all-new Prius. Boasting all the latest safety and multimedia features, along with sleek exterior design, you won’t have to compromise on style or performance in the quest for efficiency. To learn more about electrified vehicles, including hybrids, plug-in hybrids, fuel cell electric and battery electric cars, visit toyota.com/electrified.

Whether you are experiencing pain at the pump or simply want to live more sustainably, making your next vehicle a hybrid is an effortless step you can take to save money at the gas pump and reduce your carbon footprint.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.