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Hybrid or Electric Cars: Which Will Save You More?

By Beth Buczynski
12/11/2013 10:19:21 AM

By now you're probably very familiar with the environmental benefits of green cars like hybrids or electric vehicles. These modern cars use advanced technology-like regenerative braking, electric motor drive/assist, and automatic start/shut-off-to drastically reduce energy consumption, which translates into better fuel economy and less pollution.

Sounds great, right? So why are most of us still driving around boring old gas guzzlers with combustion engines. One big reason is price. Hybrid cars are just now starting to achieve price parity with gas-powered vehicles, and electric cars will still set you back a few thousand dollars more than their conventional counterparts. For those working with slim budgets, this can be a major turnoff.

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