Choosing to drive a hybrid vehicle can have an enormous positive impact on the environment. But did you know that by driving a hybrid vehicle, you can potentially save money on your auto insurance premiums? Owners of eco-friendly cars should know that they are eligible for discounts of up to 10% on their monthly payments through many of the most trusted car insurance companies in the business, including Travelers' Insurance, Farmer's Insurance, and many others.
In addition to the financial benefits of owning a hybrid car, many states allow solo
drivers of hybrid vehicles to commute using carpool lanes. Other
benefits that make driving a hybrid more convenient as well as more
eco-friendly are sure to follow.
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Hybrids Benefit You as well as the Environment
By purchasing an AFV, you're making a conscious decision to
participate in making the world more environmentally friendly, and we
thank you for it. The average car emits 575 pounds of carbon monoxide and 11,450
pounds of carbon dioxide every year, using around 580 gallons of
gasoline to do so. AFV's reduce emissions by up to 30% or more by
reducing the requirement for petroleum-based fuels in favor of
alternative fuels such as ethanol—and electric cars produce no
greenhouse gases at all.
Owning an AFV is becoming even more attractive with new federal
income tax credits of up to $4,000 for qualifying AFV's that are
purchased between January 1 2005 and December 31, 2010. If you
purchased your AFV prior to January 1, 2005, you may be eligible for a
deduction of up to $2,000.
AFV Facts and Figures (Alternative Fuel Vehicles)
Increasing numbers of people are purchasing AFV's, with the sales of
AVF's up 11% since 2006, and Americans predicted to purchase nearly
800,000 AFV's by 2012. Sales of Toyota AFV's account for approximately
80% of 2006-2007 sales, with the Toyota Prius being the most popular
model, followed by the Camry, Saturn Aura and Vue, and the Highlander.
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