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	<title>MpgTips.co.uk &#187; Myth</title>
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		<title>Hybrid Vehicles &#8211; Answering The Two Most Popular Questions</title>
		<link>http://www.mpgtips.co.uk/hybrid-cars/hybrid-vehicles-answering-the-two-most-popular-questions/</link>
		<comments>http://www.mpgtips.co.uk/hybrid-cars/hybrid-vehicles-answering-the-two-most-popular-questions/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 03:12:39 +0000</pubDate>
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				<category><![CDATA[Hybrid Cars]]></category>
		<category><![CDATA[batteries]]></category>
		<category><![CDATA[Car Companies]]></category>
		<category><![CDATA[Funny Thing]]></category>
		<category><![CDATA[Guilt]]></category>
		<category><![CDATA[Hybrid Autos]]></category>
		<category><![CDATA[Hybrid Vehicle]]></category>
		<category><![CDATA[Hybrid Vehicles]]></category>
		<category><![CDATA[Hybrids]]></category>
		<category><![CDATA[Internal Revenue Service]]></category>
		<category><![CDATA[Misconceptions]]></category>
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		<category><![CDATA[Moving Target]]></category>
		<category><![CDATA[mpg]]></category>
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		<guid isPermaLink="false">http://www.mpgtips.co.uk/?p=527</guid>
		<description><![CDATA[If you demand it, companies will come up with it. This has never been more apparent than with hybrid autos, the companies answer to a consumer nation that has become more environmentally aware. The day you knew hybrids were here to stay was the day car companies started announcing hybrid SUVs. Imagine, all the size [...]]]></description>
			<content:encoded><![CDATA[<div><img style="border: medium none ; display: block;" src="http://www.mpgtips.co.uk/wp-content/plugins/wp-o-matic/cache/73fd8_202px-2nd-Toyota-Prius.jpg" alt="2004-2007 Toyota Prius photographed in USA." /></div>
<p>If you demand it, companies will come up with it. This has never been more  apparent than with hybrid autos, the companies answer to a consumer nation that  has become more environmentally aware.</p>
<p>The day you knew hybrids were here  to stay was the day car companies started announcing hybrid SUVs. Imagine, all  the size and little of the guilt. That being said, there are some misconceptions  about hybrids, so lets address the big two.</p>
<p>Buy any old hybrid and you  will get a major tax credit. This is the first myth that arises around the  hybrid. Can you get a tax credit? Yes, but you must comply with certain  requirments issues by none other than the Internal Revenue Service.</p>
<p>If  you want to claim a tax credit for buying a hybrid, you have to comply with a  few regulations. First, you have to purchase a brand new hybrid. Second, the IRS  must have ceritifed the car. Third, you can only claim the amount then  available.</p>
<p>The funny thing about the tax benefit of purchasing a hybrid  is it is a moving target. The IRS initially sets an upper limi and then has the  option to lower that amount each quarter of the year after it analyzes the  number of cars sold.</p>
<p>This lowering of tax credit amounts can be a real  shock to someone that purchased a hybrid. As of the writing of this article, the  famous Toyota Prius is about to lose all of its tax credit. One has to think  that fact is going to hurt sales.</p>
<p>Many people are outraged by the phasing  out of the tax credit available for hybrids, particularly the manufacturers.  Talk about a selling point! The credit, however, was never meant to support an  industry, only generate interest in it.</p>
<p>A second area of misunderstanding  with the hybrid vehicle has to do with the batteries. Obviously, the car  requires special batteries. There is a myth that they have to be replaced every  40,000 miles. This is alleged to be a big problem because they are  expensive.</p>
<p>In truth, there is no requirement that hybrid batteries be  changed every 40,000 miles or so. Most brands come with warranties of up to  100,000 miles. Although hybrids are fairly new, the batteries are reported to  last well into the hundreds of thousands of miles.</p>
<p>Should you make your  next vehicle a hybrid? If you want to cut your driving costs and help the  environment, then the answer is definitely yes. Just make sure to buy it new and  check with the IRS on your tax credit amount.</p>
<p><strong>Want to see how you can get hybrid-like fuel economy out of your current vehicle?</strong> <a rel="nofollow" href="http://www.carfuelsaving.com/fuel-alternatives/24-how-to-improve-gas-mileage-by-doing-nothing.php">Click Here</a> for my best tip on how to <a href="http://www.carfuelsaving.com/fuel-alternatives/24-how-to-improve-gas-mileage-by-doing-nothing.php">improve fuel economy</a> for your current vehicle &#8211; <strong>hybrid or not!</strong></p>
<p><img src="http://www.mpgtips.co.uk/wp-content/plugins/wp-o-matic/cache/73fd8_338142965" alt="" width="1" height="1" /></p>
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