The Benefits of Purchasing An Energy Efficient Vehicle

Picking out a new car is not easy. Buying a car is a huge financial commitment, so it’s important to spend time researching your options prior to choosing which make and model is right for you. One of the first decisions you will need to make is whether you want an energy efficient vehicle or traditional gas-guzzling car.

What Are Energy Efficient Vehicles?

Traditional cars are powered solely by gasoline, however energy efficient vehicles are powered either by electricity or a combination of gasoline and electricity. There are some green vehicles that run solely on gasoline, but they do not require as much gasoline and are therefore considered “fuel-efficient.”

The Benefits of Purchasing An Energy Efficient Vehicle

Buying an energy efficient vehicle can help consumers reduce their carbon footprint. The gas that is used to power a traditional vehicle eventually turns into the pollution that comes out of the car’s tailpipe. This smoke consists of harmful pollutants, including carbon dioxide, carbon monoxide, nitrogen oxide, and hydrocarbons, These emissions are collectively known as greenhouse gases, which contribute to global warming and climate change.

Because energy efficient vehicles use little or no gas, they are not nearly as harmful to the environment as traditional vehicles. Electric vehicles do not produce any greenhouse gases, whereas fuel-efficient cars produce about half of the greenhouse gases emitted by traditional cars. Thus, consumers who drive these vehicles can rest easy knowing that they are doing their part to protect the planet.

That’s not the only benefit of purchasing an energy efficient vehicle. Experts also believe that energy efficient vehicles have higher resale values than traditional cars. This is because the demand for green vehicles has increased year after year, which means consumers are willing to pay more to snag one of these highly sought after cars. Keep your car in good condition and you may be able to sell it for more than expected whenever you’re ready to buy a new one in the future.

Owning an energy efficient vehicle also protects consumers from unexpected increases in gasoline prices. The price of gasoline constantly fluctuates. When it’s high, many consumers are forced to spend a large portion of their income just to fill their tanks. But fortunately, consumers with energy efficient vehicles will not need to spend as much time as the pump because their cars are either fuel efficient or powered by electricity. As a result, they will not have to worry about going broke as a result of rising gas prices.

Even if the price of gas remained constant, consumers who drive energy efficient vehicles would still save money. Consumers with electric vehicles would not need to spend any of their money on gas, whereas consumers with hybrid or fuel-efficient vehicles would spend less than usual.

There are many benefits to driving energy efficient vehicles, but the potential to save money is the main selling point for many consumers. Exactly how much should you expect to save by driving an energy efficient car? Take a look at this infographic to find out:

LoanCenter.com