10 Reasons Why You Should Buy a Plug-In Vehicle

4 years ago by Eric Loveday 8

And the Top 10 Reasons Are...

And the Top 10 Reasons Are…

Eco Seed recently published a list of 10 reasons why one should consider buying a “hybrid electric vehicle.”  Though hybrid electric implies that standard Toyota Prius would be included, the reasons listed below make it obvious that the author’s intent was to focus only on plug-in hybrids.

Why present this here? Well, Eco Seed describes itself as follows:

“We are a leading source for global green news, finance, and other resources in delivering green and renewable energy to mainstream business.”

There’s that “mainstream” mention again and that’s why we felt compelled to share this with you.

While we all know the benefits and reasons for buying plug-ins, the mainstream typically does not.  As the positive words spread to the mainstream, the plug-in vehicle uptake is sure to rise.

So, here’s what the “mainstream” is being fed by Eco Seed’s 10 reasons to consider a plug-in hybrid article:

1. Because You Spend a Lot of Time Idling

2. To Limit Resale Value Loss Due to Depreciation – When you already own a perfectly serviceable car, it’s not always easy to make a replacement purchase. Still, you stand a better chance of recouping at least some of your investment and limiting loss of value to depreciation when you unload your gas guzzler while it’s still relatively new and in good condition.

3. Because Your Electricity Bill Won’t Suffer As Much As You Think

4. To Take Advantage of Federal Tax Credits and Rebates

5. Because They’re More Affordable Than You Think

6. You Like to Drive Fast

7. You Want to Reduce Your Carbon Footprint

8. Because the Support Infrastructure is Expanding Rapidly

9. Because You Want to Save Time – If you live in a metropolitan area with ordinances requiring emissions testing, you know that the annual trip can be a real time-sink, especially if there’s a chance that your older vehicle won’t pass the test. Today’s hybrid electric vehicles are so efficient and clean that you may even be exempt from testing altogether, depending upon your local ordinances.

10. Because “Fuel” Prices Are More Stable

We excluded the explanations on all but #2 and #9, as we think the reasons for the others are rather obvious, but if you’d like to read the article in its entirety, the follow the link below.

Source: Eco Seed

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8 responses to "10 Reasons Why You Should Buy a Plug-In Vehicle"

  1. David Murray says:

    save time? And they’re worried about the emissions inspection? How about oil changes, or the big elephant in the room: Trips to the gas station!

  2. David says:

    Poor reasons.

  3. MDEV says:

    Avoiding infections touching the gas pump

  4. vdiv says:

    I worry that with the adoption of renewable sources, decommissioning of base load generation such as nuclear and coal, decentralization/deregulation of the grid, and making it “smart” electricity prices will become more volatile.

    One of the reasons for EV adoption that we often gave, fuel prices incessantly going up, has not materialized in the near term. What if fuel prices stay more or less the same, i.e. in a new plateau corresponding to oil at $110/barrel and kept in check by fuel alternatives such as CNG, LNG, biodiesel, and fuel efficiency increases, and yet prices of electricity available for charging become more volatile?

    The public charging stations, though still in their infancy, have a rather significant range in pricing that mostly reflects on the perceived convenience of the location, but it also does take into account the electricity source cost. For example a charging station with a tracking solar panel and battery backup costs more to install and use than one that is simply tied to the grid.

    1. ItsNotAboutTheMoney says:

      They wouldn’t become as volatile. While some people have real-time pricing, it’s currently limited. In any case, while some electricity is purchased on a spot market, electricity is mostly purchased through periodic contracts. It’s also very often regulated. The result is having more stable consumer pricing, changing every 6 months or a year and announced well in advance. Compare that to gasoline, where the price changes without notice not only day to day but during a day.

      Simply having personal transportation costs change bi-annually instead of hourly would dramatically reduce economic volatility.

      1. ItsNotAboutTheMoney says:

        Not to mention that adding plug-ins to the grid, especially with managed charging would improve grid economics by filling in the nighttime bathtub and, if the anecdotal evidence applies generally, could help depress fuel demand by encouraging efficiency and PV.

    2. scott moore says:

      “I worry that with the adoption of renewable sources, decommissioning of base load generation such as nuclear and coal, decentralization/deregulation of the grid, and making it “smart” electricity prices will become more volatile.”

      Whereas gas prices have been remarkably stable…

  5. Bill Howland says:

    The desireability of alternate fueled vehicles depends greatly on the relative cost of the fuels involved.. That’s why (owning 2 EV’s myself), I’m madened by Political Actions which arbitrarily raise the price of electricity. If they don’t watch it, they will raise it to the price of gasoline, (as it already is at tier 4 summertime in Southern California Edison territory – now raising another $60 per month per customer to defer costs related to the San Onofre Nuclear fiasco), and then already LOW sales of EV’s will kill the idea off.

    With Chevy introducing a ‘dual fuel ‘(CNG and gasoline) IMPALA for 2015, if Home Refueling becomes a reality by then (the socalled $500 refueler), I’d seriously consider it since I already have natural gas in my garage for the gas fired hot tub. Apparently, Whirlpool is considering either a self contained unit such as the PHILL unit, or else, to meet codes, an Outside/Inside unit, where the compressor is actually outofdoors. In my siuation I can handle either situation. But then I would have to see where future natural gas prices are projected to be.

    Those people who have forced abandonment of Coal to now be in favor of natural gas should actually like CNG vehicles better, since overall they are more efficient, and eliminate the now needless interim conversion. But I’m of the opinion the whole thing is just another money making scheme based on a false premise that casual observers have fallen for.

    Power pricing is getting so ridiculous in SCE territory ( I thought Nuke power was supposed to be “Too Cheap to Meter” ?) that homeowners almost HAVE to install solar panels to survive the summer electric bills. From a selfish point of view, that’s ok with me, since I tend to make money with every solar panel installed.