Examining the Top 5 Advantages of Investing in a Hybrid Vehicle This Year

5 Little-Known Perks of Owning a Hybrid Car

Hybrid vehicles give drivers the best of traditional cars and EVs. Here are some of the best reasons to buy one. Image source: Getty Images

1. They're cheaper than EVs

• Hybrid vehicles are significantly cheaper than all-electric vehicles. Four of Kelley Blue Book's seven top hybrid vehicles for 2024 have list prices starting at less than $30,000.
• Pricing depends on the model you're interested in, where you buy, and what kinds of upgrades you want. But chances are, you can find a hybrid option that's not too much more expensive than a gas-powered vehicle.

2. There are more used options out there

• Hybrids have been popular for a while now. But when opting for a hybrid, you'll have more choices. If you're able to find a used hybrid you like, you could save more compared to drivers of new EVs.

3. They're cheaper to insure than EVs

• Since hybrids are generally cheaper than EVs, it's usually easier to find cheap car insurance for them as well. However, hybrid drivers may still pay more for their insurance than drivers of gas-powered vehicles.

4. They work better in cold weather

• This isn't a problem for hybrids. Drivers can rely upon their car's battery when the weather is good and, when it's cold, switch immediately to gas.

5. They're better for road trips

• Hybrids give you the freedom to go electric when you're able to without worry that you could wind up stranded somewhere.