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Buying a family car? Consider these Greener options

September 26, 2018

Buying a workhorse family’s car can alleviate a lot of your scheduling and mobility woes. Children can be easily brought to and from school, further ensuring their safety. You will be more in control of your time since you don’t have to wait for public transportation to ferry you around.

However, owning a car has its own set of tradeoffs. For one, a vehicle is going to be costly. Maybe you will have to give up some of your current conveniences so that you can afford the monthly payments for it. Some may give up their free time so that they can work extra jobs. Others, they give up luxurious items such as jewellery so that funds can be raised. Because of this, it’s really important that the whole family is informed of the decision to purchase so that everyone can make adjustments.

But another cost that must be considered is the impact the car is having on the environment. Most cars today run on petroleum and its derivatives. As we all know, petroleum, when burned, releases harmful gases into the environment. Good thing there are cars now that are environmentally friendly. Discussed below are just two of the cheapest ones.

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Hyundai Ioniq Hybrid

The Ioniq Hybrid from Hyundai was introduced in 2017. This environmentally-friendly vehicle runs on a gasoline engine that can go as high as 104 hp. Its electric motor offers decent 43 hp. It’s given a 54 mpg rating by the Environmental Protection Agency.

What makes this model attractive to a lot of buyers is the fact that it feels like any normal car. It doesn’t anymore give you the horrendous experience of driving a hybrid. Topping all this is vehicle’s price. You can already get a unit of the Hyundai Ioniq Hybrid for at least $23,100. This is already a lot cheaper than many options on the market today.

Toyota Yaris Hybrid

The Toyota Yaris Hybrid has been a hot item in Great Britain ever since it was released in early 2017. Toyota expended time and effort to make this model look great and to enhance its appeal to the public, and their efforts seem to be paying off.

This Hybrid model is equipped with automatic rain-sensing wipers. It also keeps you safe with its collision and lane departure warning system. To entertain its riders, the Toyota Yaris Hybrid has a six-speaker audio system that is Bluetooth-enabled.

There are at least six versions of the Yaris Hybrid: Active, Design, Icon, Icon Tech, Excel, and Bi-Tone. These versions have one thing in common, and that is their reasonably affordable price. You can get any of them for less than $30,000.

Aside from keeping the environment clean, driving an environment-friendly car can also help you financially. No, we are not just talking about savings on gas. A hybrid retains its value longer and makes it a useful item for collateral loans, should there be a need for them in the future. These types of loans, as the term suggests, require collaterals. These are basically valuable things that the lender can claim if ever you fail to repay the amount you owe.

But will your car still be valuable to creditors in the future? At least twenty percent of Americans consider getting eco-friendly cars on their next buy, so there’s a very good chance that eco cars will be very popular–therefore attractive well into the future.

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