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Do Hybrid cars save you money?

Do Hybrid cars save you money?

 

Many people think hybrid car running costs are higher than ordinary cars and that they’re more expensive to purchase and repair, but this isn’t the case.

The advances in technology and the growing popularity of hybrids has brought down the cost so that in many ‘class v class’ comparisons, they are no more expensive to buy and run than their conventional counterparts.

 

Will a hybrid save me money?

New Vehicle Excise Duty (car tax) rules came into effect in April 2017 and cars are charged both according to their CO2 emissions levels and their price when new. Petrol and diesel engine cars emitting 99g/km currently have an annual tax bill of £140 to pay, whereas a comparable hybrid pays £130. 

Fuel savings offer the main savings in running a hybrid, especially in town, as often it drives only on its electric powered engine, using electricity it self-generates in motion. So no fuel is used. This is a massive saving over a long term as fuel in the tank can be ‘eked out’.

 

Hybrid servicing costs

In many ways a hybrid car is much the same as a conventional car, the main difference is that it is also able to run on electricity as well as petrol or diesel. This means it also has a sophisticated nickel storage battery and electric engine that allows it to operate purely under electric power without needing recharging. 

This specialist technology has been continually refined by Toyota for reliability and performance to the extent that hybrid car maintenance, servicing costs and servicing frequency - are no more than for conventional cars. It costs about the same to service a Toyota hybrid as any comparable car and can be carried out by a Toyota Authorised Repairer. Toyota’s own Hybrid Health Check is included for free with any Hybrid Service.*

 

Are there additional maintenance costs in running a hybrid?

The hybrid’s sophisticated nickel battery may be an expensive item to replace, but Toyota offers a 5-year, 100, 000 mile warranty on its batteries – the same as for the whole car, and even this warranty can be extended up to 11 years. 

Strict emission charges have come into effect which will penalise high emission vehicles and charge them daily fees, adding greatly to running costs. Low emissions vehicles such as hybrids and pure electric-only vehicles will largely avoid these charges. Hybrid technology has come on in leaps and bounds and the good news is that on all levels, Toyota is leading the way.

 

At Mid Ulster Cars Toyota we have a wide Hybrid range available. Have a look on our website, or call our sales team on  028 8676 6116 for more information.

 

*Not currently available on 2016 model year Prius

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