Chevrolet Spark

Small Cars – Compact, Mighty, and Perfect For You!

In the world of cars it can be difficult to figure out what you really want. You might want the same car that your friends want, or you might be pressured by family to go with one car over another. But you know what? At the end of the day, it’s all about the car that you want before everything else. It’s going to be your money that goes into getting the car anyway, so why not make sure that you’re going to be able to get what you really want? It’s a matter of looking at your budget and then thinking about the type of car that you would really like to drive.

Yet if we’re going to talk about cars, why not make sure that we cover the ones that don’t always get coverage? We’re talking about small cars, and why you really need to think about them big time. It’s one thing to think that you have to have a big car, but what if you don’t? You see, these days gas prices are one of the first things that people think about, and with good reason. The bigger your car, the more gas that you’re going to use. Yes, they’ve come out with more fuel efficient cars that are bigger, but your best bang for the buck is going to be with a small car. There’s just really no way around it.

Yet how do you know which small car to really choose? It’s going to be a matter of budget and taste. In other words, you need to take the time to research and then test drive the cars that are going to make the most sense for your needs.

Sure, it’s tempting to go with something that is going to be really trendy, like an all electric car or something that uses flexfuel or E-85. However, you have to be realistic — not every area is going to have alternative fuel stations and you might not have anywhere to plug in your super electric car. Look for a good car that’s going to have an efficient engine so that if you do have to go to the gas station, you’re going to be able to use all that new gas effectively.

Live for the test drive experience — don’t rush through it. However, you can also use online reviews to figure out what is going to make the most sense for your needs. There’s no time like the present to figure it all out, though — why not start today?

Car Loans

Are Long Term Car Loans Really A Good Thing

Are you thinking about a car loan in the future? You’re definitely in the right place! We’re really crazy about car loans, but the truth is that you have to still go in and do your homework to really make sure that you’re making all of the right moves from start to finish. Yes, it’s tempting to just rush into getting a car loan, but the truth is that you’re going to end up making your life a lot harder than what it needs to be. It would be better in life to really make sure that you have things under control when it comes to such a major financial purchase. While we believe in the power of car loans, the truth here is that you’re going to have to think about the type of loan that you get.

For example, should you get a car loan with a long term? The truth is that the longer the term you get, the lower your monthly payment is going to be. When you’re thinking about anew car, a lot of people think about getting a long car term so that they can actually afford a much more expensive car than if they had a shorter term. However, what you really should do is make sure that you use a car loan calculator.

Loan calculators help you really figure out what you might be paying for your car payment each and every month. Calculating is a smart idea because then you won’t be tempted to spend too much money. A nice car is definitely something that everyone wants to have, but at what cost? If you overspend you’re not going to have the car for very long. Even if you manage to keep the car, you’re going to always find yourself wishing that you had a little more money to spend.

A longer term means lower payments, but it also means that you’ve spent a lot of money over the life of the loan. The longer you have the loan, the more interest that’s going to be generated. That’s why a lot of people tend to go with a much less expensive car to start with that has a shorter term. It might make payments a little high in the beginning, but the truth is that as time passes the payments will get smaller and smaller. In addition, you can always help yourself out by making sure that you think about extra payments. Tax time is a great time to make an extra payment on your car loan because it goes straight to the principle before anything else.

Are you wishing for a new car? Then you’re moving in the right direction. The bottom line here is that you want to always make sure that you’re focusing on your overall financial blueprint. Short term desires are nothing compared to long term goals. A car loan with a long term might be what fits into your blueprint, but there’s really only one way to really find out — you’re going to have to calculate it out and see for yourself!

Car Finance

Buy vs. Lease – Understanding Your Car Finance Options

Buy a new car! Buy a used car! Lease a car! Don’t buy a car — walk! Ride a bike!

Oh boy. There’s definitely a lot of different opinions out there, aren’t there? One minute you think that you’re making all the right moves within your life, only to find that you might be only looking at part of the situation. No matter how you got to this point, you might be in the market for another car. If it’s not brand new, then it’s at least new to you. And that’s what really matters, right?

Well, the truth is that you have choices. You can finance a new car, finance a used car, or even lease a car. But how do you know what the right decision is? Don’t you want to make the right decision? Of course you do! But when you look online you might still look around at all of the different thoughts on the subject and still not know what to do. Sometimes that’s the downfall of personal finance sites — there’s so many people saying different things that you might not realize what to do. You just have to make sure that you take a stand and base your decision on what’s right for you!

So, how do you figure out where you should go in the “buy vs. lease” tent? That’s what we’re going to cover today.

First and foremost, you have to understand how leasing works. Yes, the benefits are many. You’re going to basically get into a new car every few years, but the downside is that you will not have any ownership of the car. This means that you will need to pay full coverage insurance and you will need to make absolutely sure that you are careful with the car. Any accident damage has to be fixed immediately, and that means that you need to push forward and take action right away to make sure that you will be alright in the long run.

Mileage is another thing. Drivers that long to do big road trips might find that leasing really isn’t the answer that they’ve been looking for. You have to estimate the number of miles that you will drive each year. The leasing company will only give you so many miles to go around. If you blow through them, you’re looking at a lot of money when you turn the car back in.

Yes, it’s nice to get a new car every few years, but what about when you own a car that you don’t have to make any payments on? Constantly leasing a car is much like renting a house. Yes, you get the benefits of having a roof over your head, but its’ not like you can make any changes or hardcore customizations. You have to ask permission for everything. And when changes are allowed, they’re expensive — see our notes on mileage in the last paragraph if you don’t believe us.

There are certain people that do benefit from leasing, lest you think that we are throwing out the whole baby with the automotive bathwater here. Self-employed people may be able to write the leasing payment off as a business expense. They’re going to need to check the vehicle rules with the IRS to make sure that they don’t land in hot water before they try to do this. Taking it out in the name of your corporation also helps as well so that there’s no issue of personal liability.

There are some good points to buying your car outright. For starters, you’re going to have a lot of low-interest financing and cash-back offers — especially if you have good credit. That’s because dealerships and automakers as a whole want to make sure that you’re getting into a good car. However, it’s hard to stem the flow of people that buy a car once every 7 years compared to people that buy a car once every 2 or 3 years. Leases turn over a lot faster, because you want to get from one new car to the other. This is also a great time to figure out what you really want to end up owning. Yet if you’re going to do that, you can also rent a few cars and drive them around town to see what you really like and what you don’t like. There’s no point in just spinning your wheels trying to figure out where to go next if you know what you want.

There’s nothing wrong with owning a car outright, and there’s nothing wrong with leasing. You just need to find out what’s really going to work for you and stick to that. That’s what we think you should focus on, anyway! Good luck out there!

Car Loan

Is it Better To Get a Car Rebate or Low Interest For the Car Loan

Low interest! Car rebates! Cashback! Year end deals! The holiday season is in full swing now, so why shouldn’t the car dealerships get together to figure out how to part you from your money? It’s only natural — they’re going to want to make absolutely sure that they are able to get you in the door with enticing offers. If you have good credit, you’re going to be able to get a lot farther than someone with challenged credit. And these days, getting into a new car is easier as dealers realize that sometimes it’s better to accept someone with a little more credit risk than end up losing the sale just because they couldn’t pull financing. If you have a good down payment you might be able to get into something really nice — you just never know until you find out.

However, before you can actually get too excited about the prospect of getting a new car, you’ve got to answer that pesky problem of financing. You need to figure out whether you should go with the car rebate or with the low interest loan. In a perfect world, you would get both. But this is capitalism at its finest — you’re going to have to pick one in exchange for the dealer giving you a bit of a break. It’s only fair, you know.

Well, in order to figure out which choice actually makes the most sense, you’re going to need to do some break even calculations. We’re going to provide a small example here to show you what we mean:

We are going to assume that you are purchasing a vehicle that offers 2.8 percent financing or $2,000 cash back — the car is $20,000 dollars. To avoid problems creeping in, let’s assume that there is no tax to deal with. We have to figure that the cash back will be pulled into part of the loan for comparison purpose. This means that you’re going to have $22,000 to finance at an average term of 48 months. This will be at 2.8 percent, which gives you a payment of around $485.01 every month. That’s quite a bit of money, but hey — welcome to the world of financing a car, enjoy your stay right?

Right. Well, if you could go to your bank for the financing, you’re going to have to fork out a lot more in terms of interest rates. The average bank loan is about 7 percent — and that’s if you have decent credit. We don’t even want to get into what’s going to happen to you if you don’t have good credit, you know what we mean? It’s definitely a squeeze!

If you go to the bank, you don’t have the cash back — so it’s just the $20,000 that we’re trying to finance. $20,000 financed at 48 months at 7 percent is going to be $478.92. That’s not that much difference — and you might have a better relationship with your bank, to the point where you can work out even better refinancing down the road as long as you prove that you can handle the car payments.

The cost of borrowing comes into play when it comes to understanding why the low interest rate offer is actually a worse deal than the bank offer. You have to add the $2,000 back into the cost of borrowing on top of the interest ($1,280.48 if you’re not playing along with your calculator)

Of course, we’re going about all of this the long way. If you really want to make sure that you know what’s going on you might want to just use an online calculator that lets you break down both offers and tell you which would be better. There’s actually quite a few, and a quick web search will provide you with more links than you can shake a low interest rate offer at — we promise! Good luck out there and make sure that you are always looking at the bigger picture rather than just taking the offer that looks shiny! Start today!

It’s Time to Refinance Your Car Loan – Now What?

Car loan payments too high? Chances are good that it’s time to refinance your car. If you’re not sure what refinancing actually entails, you might think that it’s going to take too much time, or you’re going to have to do a lot of work for little reward. Nothing could be further from the case. You see, car refinancing just means that you’re going to be taking out a different loan that will take care of the original loan that you took out to get your car. This new loan will be at a lower interest rate, which means that you will have a much lower monthly payment than you might expect. You can save a few hundred dollars in some cases, especially if you had to take out a car loan with a huge interest rate just to get a new car worth driving. Once your credit score improves, you should definitely look into refinancing.

There are a few things that you will need to do in order to make sure that you will be able to pursue car refinancing.

First and foremost, if you haven’t pulled your credit report, you should. There’s nothing wrong with knowing exactly what’s on your credit report, and you don’t want to make the mistake of not knowing. Even one piece of incorrect information could lower your credit score to the point where you don’t get the loan that you deserve. It’s better to just push forward and make sure that you’re getting the loan that you need the first time out, so you don’t have to send out too many inquiries in the auto loan shopping. While it’s true that creditors do forgive home or auto inquiries when done in a tight period of time, you still don’t want too many inquiries on your credit report. It tends to hurt your score after a while.

From here, you will need to contact your current lender / finance company and get the payoff balance. Keep in mind this number may be a bit different than what you paid for the car, because it calculates the interest that you owe as well. Write the number down and ask how long the quote is good for. Generally speaking, it lasts for about ten days. After that, you would need to contact the company again and request a new payoff loan quote. It’s very important that you don’t skip this step, because you have to do the total amount in order to fill out any refinancing paperwork.

Speaking of refinancing paperwork, you don’t want to do this offline. Offline rates won’t be as good as online rates, because you want to make sure that the new lender is really fighting for your business. That’s where the power of the Internet comes in. Lenders know that when people shop online, they’re automatically looking for the best rates possible. If you go offline, then the new finance company might think that they can get away with hitting you with a higher rate than what you deserve.

These are the main steps that you will need to take in order to really make sure that you’re going to be able to get the car refinancing that you deserve. As long as you take these tips into consideration, there’s really no way that you could fail!

Five of the World’s Most Expensive Cars

Vintage cars are much more than spectacular eye candy. In many cases, these automobiles are worth a ton of money. There is a certain quality about most vintage cars that makes all levels of auto enthusiasts go nuts over them. This is a list of the world’s five most expensive cars along with the money it takes to make one of them your own. Of course, if you want to buy one of these cars, be prepared to shell out the big bucks.

The 1932 Alfa Romeo P3 Tipo B

The 1932 Alfa Romeo P3 Tipo is the least expensive out of all five cars on this list. However, its value is nothing to laugh at. This car is famous for being the first true Grand Prix racing automobile with one seat and was originally intended for racing in the 1932 Formula One. Currently, the Tipo B has a value of $5.6 million USD.

The 1962 Ferrari 330 TRI/LM

At the fourth most expensive spot on this list, the 1962 Ferrari 300 TRI/LM was the predecessor of Ferrari’s 250 TR161. However, unlike the 250 TR161, the 300 TRI/LM was designed for the new racing rules of the 1960s that only allowed four-cylinder car models. The last time this car was valued, the purchase price was $6.5 million USD.

The 1932 Bugatti Royale

The third-place winner of the world’s most expensive cars is the 1932 Bugatti Royale. This automobile was built with only the top-quality woods and metals that were available at this time period. Car experts agree that the Royale was created to just be a luxury car. And it has a luxurious price tag of $8.7 million USD to match.

The 1962 Ferrari 250 GTO

The runner-up on this list is yet another model of the Ferrari brand. Ferrari’s 1962 250 GTO was hands-down a unique design meant for regular road use and the racetrack. The GTO in the Ferrari 250 GTO means “Gran Turismo Omologato.” In English, this phrase translates to “Grand Touring Homologated (officially approved).” The most recent evaluation of this car’s worth was a whopping $16.6 million USD.

The 1954 Mercedes Benz W 196



The 1954 W 196 by Mercedes Benz is the winner of the world’s five most expensive vintage cars. This beauty by the renowned Mercedes Benz brand features enhanced power takeoff, valve system and engine, which made the W 196 a revolution in race cars. From the year it rolled off the manufacturing line, the Mercedes W 196 crushed all of its competitors in not only the 1954 Formula One but also the 1955 Formula One. This car’s current value is priced at $24 million USD.

Good Tip

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Hyundai Is on the Move in 2012

Hyundai Motors continues to keep its momentum by rolling out a wide array of new models each year. In 2012, Hyundai plans to give its customers plenty of new choices that will outdo what they amazingly managed to accomplish in 2011.

The Hyundai Elantra Coupe

Due to the Elantra’s currently large following, Hyundai has plans on the drawing board to give this coupe more capacity that what is already rolling out at its plant in Montgomery, Alabama. The Elantra is not only competitively priced but also offers the leading fuel efficiency in its class, which is 29mp city and 40mpg highway. Although the sales of Elantra are now trailing slightly behind the Sonata, there is to be an expected jump in interest when the Elantra Coupe is released in the spring. Experts speculate for the 2012 Elantra to surpass the sales of the Ford Focus, Chevrolet Cruze, Honda Civic and Toyota Corolla.

The Hyundai Azera

The Hyundai Azera hit the market back in 2006 and when it did, it gave consumers another option for a roomy, five-passenger sedan besides the Buick LaCrosse and the Toyota Avalon. Although the Azera has never experienced a high level of sales, the 2012 model may spark more buyer interest with V6, 3.3-liter engine, which gives this car better fuel efficiency and more horsepower. So far, there has not been a lot of details shared about the 2012 Azera but rumor has it that this model will be based on the Korean market’s Hyundai Grandeur.

The Hyundai Blue Link

Cabin technology is an area Hyundai needs to work on. While the Ford SYNC, Toyota Entune and GM OnStar offer access to hands-free smartphone use, Hyundai has created nothing comparible until now – the Blue Link. The features of Blue Link are to include stolen vehicle recovery, accident notification, remote vehicle lock, emergency assistance and unlock-and-start. Hyundai plans to offer three Blue Link packages, which will all be available starting with the Veloster and afterward, to various other Hyundai automobiles.

The Hyundai Veloster

While the Hyundai Genesis coupe targets Nissan 370Z drivers, the Veloster is designed to catch the attention of those who want a less expensive version of the Ford Mustang or the Mitsubishi Lancer. Hyundai’s Veloster is a three-door with one driver-side door and two passenger-side doors. This sporty coupe is unlike anything Hyundai has put out on the market. It boasts a powerful yet thrifty four-cylinder, 1.6-liter engine and dual-clutch transmission, which is a first for any model of Hyundai automobiles. Even better, the Hyundai Veloster is said to get 40mpg highway, helping Hyundai take one step further to keeping its promise of offering more fuel efficient vehicles than any other car manufacturer.

If you happen to be looking for one of those beauties from Hyundai in Edinburgh and can’t find the right car dealers, why don’t you visit Motors.co.uk for some of the best offers you can get! Finding cars for sale in Edinburgh is easier with Motors!

Chevy Pick-Up Truck

Paying Homage to the Chevy Pick-Up Truck

The first Chevrolet pick-up truck went on sale in 1918.  Back in the days, there were no big dealerships like Phoenix Chevrolet. The earliest Chevy truck models were much different than modern trucks; however, their initial trucks had a big impact on the automobile industry. Instead of using horses and other strong animals for hauling, people could use motorized vehicles. It was not uncommon to see ranchers and farmers using Chevy trucks for a wide variety of work purposes.

Louis Chevrolet and William Durant

The Chevrolet pick-up truck was meant to be a truck that was affordable for average people. When Louis Chevrolet and William Durant collaborated to make this dream a reality, they became a force to reckon with. Chevrolet had a love for the race cars he drove and Durant carried a grudge towards General Motors, which was the company he founded and was forced out of. However, his involvement with Chevrolet would help him regain his place at GM.

The Early Chevy Truck Models

The early Chevy truck models were crude compared to today’s standards. They featured a four-cylinder motor, transmissions and chassis cowl. The truck buyer was responsible for providing the cab, which could be bought from independent companies. However, most truck owners built their own cabs. Several years into production, Chevrolet would finally offer cab and no-cab options.

Although pick-up trucks were not built during the Chevrolet brand’s beginning years, they quickly became vehicles solely designed for work to trucks the whole family could enjoy. It wasn’t too long before their pick-up trucks became multipurpose vehicles.

The Economic Downturn of the 1980s

From the very start, Chevrolet trucks grew quickly in terms of popularity, forcefully knocking out their competition. But the economic turmoil of the 1980s took its toll on the United States and Chevy sales dropped in numbers. This prompted General Motors to create Chevrolet trucks with better gas mileage. So the company’s engineers set to work and developed a lighter truck version that catapulted the Chevy truck brand right back to the top.

Modern Improvements

Throughout its history, the Chevrolet pick-up truck has experienced many changes. Modern models let driver’s lay back in leather seats and enjoy cold air conditioning and great music that thumps from the radio and CD player. However, these trucks are not about frills. Chevy trucks have been revamped under the hood too. Improved aerodynamics, enhanced V8 engines and environmental and safety features all play a role in making the Chevy truck what it is today.

The Chevy truck fans across the nation attest to this brand’s quality and how Chevrolet pick-up truck drivers are die-hard enthusiasts. The fact that 40-year-old Chevrolet truck models are showcased at car shows makes it plain to see these trucks are valued for their durability and commitment to performance.

The Ford Mustang vs. the Chevrolet Camaro

There is an intangible quality about American-made performance cars that put them in a class all of their own. Today’s muscle cars are not just for middle-age men; a brand new driving generation that is bored with the current market’s compact cars is joining the ranks of performance-car lovers. The biggest difference between the today’s and yesteryear’s muscle cars is that modern models keep the integrity of the older versions’ body styles while incorporating the latest technology. This means drivers get to enjoy performance and fuel savings: It’s the best of both worlds.

In most cases, a muscle car was simply a coupe variant of the bigger cars that were driven on American roads through the 1960s-1970s. But there are two distinct makes and models that were a cut above the rest – the Ford Mustang and the Chevrolet Camaro. Even though each was designed by seperate manufacturers, both auto makers borrowed the features of one another’s model.

The Ford Mustang



Back in April 1964 when Lyndon Johnson was the current President of the United States, General Motors was thought to be the ruling auto maker in the nation. At this time, Ford was still one step behind the greatness that was GM, mostly due to Ford’s failure with the Edsel model manufactured in the 1950s. Regardless, the World’s Fair was popular at the time and Ford took a place at the fair to promote their new model – the Mustang.

This 2-seater, 2-door coupe borrowed the design features of the Falcon and the Fairlane. The first model in 1964 was credited as being one of the best introductions in terms of new vehicles. It came with a standard V6 engine, and an optional V8, helping it to quickly surpass previous selling records and become one of America’s hottest cars. And when Ford created the retro Mustang in 2005, this model yet again caught the interest of car enthusiasts throughout the nation. Its high level of popularity brought back the public’s fascination with muscle cars and prompted General Motors to build a competing model.

The Chevrolet Camaro

Although it’s sad to say, General Motors took awhile before it responded in kind to the Mustang. Three years after the Ford Mustang’s introduction to the market, GM designed not only the Chevrolet Camaro but also the Pontiac Firebird. Even though both automobiles had an impressive level of sales, neither car could quite compare to the Mustang’s sales records. During the Camaro’s last year in 2002, production quickly dwindled. Although the Camaro enjoyed a long 35-year history, the public again became interested in this Chevy model after the retro 2005 Mustang was introduced. This prompted GM to once again fire up the Camaro production lines in 2010.

Five Fun Cars for 2012

The Fiat 500 Convertible is slated to hit the market this June. This supreme compact car, along with the coupe varieties, and will be here just in time for open-top drives around town and trips to the beach. The starting price for the Fiat 500 is $15,500, which makes it an excellent buy for people who want a fun car but have a tight budget.

Rumor has it that the Ford Focus ST Hatchback will not be available until early 2012. However, its turbocharged, 247-horsepower engine and eye-popping Tangerine Scream color make it well-worth the wait. The Focus ST is said to rival the Mitsubishi Lance Railart and the Mazda 3. Its direct injection, EcoBoost, 2.0 liter-engine coupled with its 247-horsepower performance allows this hatchback to shoot down the road. Yours for approximately $25,000.

Although most consumers do not consider the Honda Civic to be exciting in the looks department, the Civic has a reputation for being a strong seller each year. Those who drive Civic coupes love the fact that they can customize this car in many ways. In 2012, Honda plans to revamp the Civic and give it better fuel economy. In order to meet consumers’ demands for better fuel mileage, Honda has given the 2012 Civics 41 highway mpg. However, Honda has not forgotten its other models, which will have highway fuel mileages in the high 30s. The 2012 Civic will be dropping this April.

The Hyundai Veloster is said to be the new Tiburon. This is one special coupe that has two passenger-side doors and one driver-side door. The same underpinning that powers the little Hyundai Elantra will be featured on the Veloster. Thanks to this design, drivers will get a sporty-looking car that boasts 40mpg in highway miles. This winning coupe does not have a set release date yet but is expected to be featured in car showrooms before November with a price tag of $17,000.

The final car on the fun-five list is the Toyota Scion iQ. The iQ should be available for purchase this summer and has room to seat one child and three adults. We are eagerly waiting for the Release Date for Scion IQ. In terms of size, the Scion iQ compares to Smart ForTwo and is one of the two A-segment models available in America. With its 1.3-liter, four-cylinder engine and continuously variable transmission, this Toyota/Scion collaboration has the ability to get excellent gas mileage that reaches up to 50 mpg in highway miles.

Other 2012 cars worth mentioning include another Toyota sports car that has yet to be named, the Mitsubishi Lancer EVO, the Dodge Caliber, the Subaru Impreza, the Volkswagen Passat and several other models manufactured by BMW, General Motors, Kia, MINI and Mazda.

Six Toyota Hybrids to Keep Your Eye On

Ever since their entry into the mainstream auto world, hybrid cars became a hot topic. These environmentally friendly cars produce less carbon emissions into the air than their gasoline and diesel counterparts and they have a better fuel mileage. The only downside to hybrid cars is that consumers do not have a wide selection from which to choose. However, Toyota has decided to solve this problem by releasing six different hybrid models for 2012. Take a sneak peek at what you could be driving very soon.

The Toyota Rav4 Hybrid

Many people have enjoyed the Toyota Highlander ever since it hit the market in 2001. And when this automobile maker came out with the hybrid version in 2006, the excitement over the Highlander was heightened. Now, Toyota has done it again by taking one of its most popular SUVs, the Rav4, and making a hybrid model. In 2012, the public will be introduced to the Rav4 electric version that will give Toyota a competitive edge over Ford’s Escape Hybrid. Auto experts feel that because Toyota collaborated with Tesla to develop the Rav4 Hybrid, this SUV will feature the functional aspects of the Prius.

The Toyota Sienna Hybrid



Minivan drivers have something to get excited about with the Toyota Sienna Hybrid. However, there is a question of whether or not Toyota will manage to release the Sienna Hybrid before Honda releases its Odyssey Hybrid. The minivan hybrid market has remained relatively untouched so far, which means the car maker who gets their hybrid minivan model to the public first will be in a good position to dominate the buying pool.

The Toyota Yaris

While the new Yaris is considered to have a more sporty design for its customers in Japan, where its called the Vitz, experts speculate that American consumers will soon see similar styles on their own turf. Between the horsepower and gas mileage, the Yaris is proving to be a big seller and comparable to the gold-standard of hybrids: the Prius. Read more »

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