Greg Lucas of Hybrid Cars and Trucks just launched a new resource dedicated to informing consumers about hybrid and electric cars.

The advantages of hybrid vehicles are obvious, especially fuel economy. But Greg’s site promises to provide more than the obvious and goes into how hybrid vehicles work.

An interesting site, stop by and hybrid cars.

A study by TechnoMetricafound that over 60% of the vehicle purchases were financed. According to Raghavan Mayur, president of TechnoMetrica, “over the past two years, nearly two out of three vehicle purchases were facilitated through a loan.”

When considering a loan, keeping the terms to a shorter time span will reduce the overall cost of purchasing a car. Often consumers will finance the car for 48 to 60 months increasing the purchase price by over ten percent depending on the current interest rates.

Pre-qualification of an auto loan will help you negotiate a better price than what is offered by dealers when it comes to sign the loan contract.