It’s not supposed to be this way. At least that’s what President Obama says on gas prices. Wait, maybe it is and we should celebrate because the President is taking credit. Confused yet?
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It’s not supposed to be this way. At least that’s what President Obama says on gas prices. Wait, maybe it is and we should celebrate because the President is taking credit. Confused yet?
Continue reading →
Hybrid car owners are not feeling the love of the environment anymore and showing it with their purchasing power. I remember the hysteria a decade ago if you didn’t buy a hybrid then you didn’t love Mother Earth. JustFactsDaily.com had this question up on their website for viewers to answer:
Once you answered, they provided documentation to research done by Edmunds.com:
According to Edmunds.com, about 22 percent of people who have traded in their hybrids and EVs in 2015 bought a new SUV. The number represents a sharp increase from 18.8 percent last year, and it is nearly double the rate of 11.9 percent just three years ago. Overall, only 45 percent of this year’s hybrid and EV trade-ins have gone toward the purchase of another alternative fuel vehicle, down from just over 60 percent in 2012. Never before have loyalty rates for alt-fuel vehicles fallen below 50 percent.
Edmunds also provides analysis of how long it takes financially to justify paying the price of hybrid vehicles with gas price savings: