Hybrid
Car Price Wars : Five Top Manufacturers
by SolveYourProblem.com
When
hybrid cars first became a household name, they were also identified
as too expensive and outlandish to even be plausible to purchase.
Even for the most futuristic minded and environmentally friendly
types, most agreed that they would wait until they hybrid cars
were mainstreamed. Some people were worried about the kinks
that engineers were still trying to work out. No one wanted
to be the guinea pig. Others felt that the money they would
save in gas would not help them with the up-front costs, warranty
questions, and possible battery issues, which were much more
risky than in the average car. Luckily, some brave, financially
secure people were willing to start the market rolling. Several
years later, the demand is high enough to even produce some
healthy price wars among makers.
Despite
the stereotype that hybrids are a luxury vehicle, prices
have gone down considerably. The 2005 Toyota Prius,
for example has a base price of $21,275, which includes the
eerie halogen headlights, High Solar Energy-Absorbing glass,
and integrated fog lamps. These standard options are not the
norm for most typical, non-hybrid, 4-door vehicles, so it already
sounds like Toyota is creating an irresistible package for
their hybrid. Honda’s Civic hybrid is also competitively starting
at $21,850 for this energy efficient version of their famous
sedan. Their standard package includes MP3 capabilities built-in,
cruise control, and speed-sensitive volume control, not to
mention their patented iVTEC engine technology. Honda has also
created the insight, which also starts in the $21,000 range.
Ford has also begun its hybrid campaign, which will hopefully
combat the general idea that they are the king of American
gas-guzzling vehicles.
In fact, only Lexus bypasses Toyota and Honda in price range.
The Lexus hybrid is going to start you in the $49,500 department,
but even that sounds good if you consider that their GS starts
for just a couple thousand less than that. This is nothing
shocking, though. Lexus has always been the luxury maker, and
everyone knows that you are going to spend at least double
for a sedan or SUV when you buy from them. Since other makers
in their range have not started pushing their own hybrids yet,
Lexus can only compete with itself.
Some
people are saying that all these car makers should start
focusing on the latest project of making SUV hybrids. The logic
is that it is already easy enough to make a fuel efficient
car that is not a hybrid. People really want to have the room
and versatility of an SUV, but they do not want to contribute
to the rising gas concerns. Already, GM, Mercury, Lexus, Toyota,
Ford, Mazda, Saturn, Chevrolet and Honda have started hybrid
campaigns, under the realization that SUVs are the real gas
guzzlers, and more environmentally unsound, compared to sedans
and mid-size vehicles. Toyota, who has already boasted the
best numbers for sales of hybrids in general, is starting their
mid-size SUV, the Highlander at $33,000. The Ford Escape and
Mercury Mariners, which are both compact SUVs, start at around
$29,000. Of course, the mid-size Lexus RX400 is going to run
you at least $48,000, but again, they usually do. Generally,
a hybrid mid-size or compact SUV will cost at least $9,000
more than its non-hybrid counterpart.
The
real wars are starting deep within the advances being made
daily in hybrid technology. Honda and Toyota are constantly
coming up with improved batteries which are smaller. The computer
technology which helps the vehicles switch from electric to
gas is being made smarter and more reliable. Honda’s revamped
Civic has speculators saying that it will give Toyota a challenge,
while Toyota is cutting down the prices for their Prius as
much as possible to inspire consumers to purchase one. The
new price wars are being fueled by foreign fuel and environmental
concerns, which are making consumers more and more ready to
trade in their car for a hybrid. Makers see this as an opportunity
to inspire buyers to make the switch sooner, by lowering the
prices for their hybrid models representing people’s favorite
regular models. With all these factors, hybrids are becoming
more accessible to the average person who wants to get the
fuel-conscience movement racing.
#
# # # #
SolveYourProblem.com : 2007
> Home > Hybrid Car
Articles: Main Page
|