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Saturday, November 15, 2008

Why Choosing A Eco-Friendly Car Can Save Money

By Chris Channing

Trendy vehicles go a long way in the car market, especially if the trend is everything eco-friendly. These vehicles that fall under the category of hybrid, or fuel efficient, are flying off of car lots faster than you might think. This very thing is the reason why talk of environmentally friendly vehicles is spreading like wildfire, and why your next car purchase should be one too.

Many forget that eco vehicles are more than just a trend; they are the first real movement against pollutant emitting vehicles, and a step in the right direction towards a cleaner planet. Of course, this isn't shocking when so many people are in on it; there are bound to be those that are misinformed. Another little known secret, is that car insurance companies are offering discounts for those that own hybrid cars. That may not be reason enough to buy one, but it definitely helps; especially during the life of the car in mind.

These cars are also more cost efficient than your average vehicle that only gets 15 mpg on highways. They simply have an overall cheaper operating cost, and that is a beautiful thing. Luxury cars, vehicles that are deemed unsafe, and other factors all contribute to the cost of your auto insurance. None of those are exactly praised by auto insurance companies either, so that is something to seriously consider.

Environmentally friendly cars are definitely better in the long run, you can save thousands and thousands over the course of your cars lifetime, and you can prevent tons of toxic emissions from entering the air. Auto loans are even cheaper for environmentally friendly cars, and some lenders offer discounts on interest for those that purchase a hybrid.

Some people are also able to get a tax deduction or a tax cut if they own an environmentally friendly car. This allows them to put that money towards other things, like the auto loan they used to purchase it, or other things. Everything works in the buyers favor.

Make sure you compare rates on both auto insurance and auto loans. Getting a generalized idea of what you will be paying is important. These factors are a big role in what you will be able to fit into your budget. Online car insurance quotes are also available, as well as auto loan quotes to give you an idea of how much you will have to pay and for how long. The simple things always help the most!

Closing Comments

Eco friendly cars can save you so much on your auto insurance as well as an auto loan when compared to other vehicle options available on the market, especially to SUV's and unsafe and uneconomical vehicles.

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