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June 2014
June 30, 2014
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Electric, Hybrid and Diesel - Are They Right for You?
There are many options available to help reduce your carbon footprint

Gas prices have been high for quite some time now, so it’s no surprise that fuel efficient alternatives have been gaining popularity. Whether it’s a hybrid, diesel or even a fully electric model, there’s something available that both peaks your interest and can help make visiting your gas station a smaller part of your schedule or not necessary at all.


Diesel gaining popularity


Automobiles that are powered by diesel have been gaining traction as of late and with good reason. Diesel models are primarily more fuel efficient, more reliable and they last longer. But don’t think for a minute that they’re anything close to the diesel models of long ago. They’re also super clean and efficient.


One great example is the 2014 Chevrolet Cruze Diesel that starts at an MSRP of $25,810. The Cruze Diesel is powered by a 2.0-liter turbocharged engine that produces 151 hp and an impressive 264 lb/ft of torque while achieving up to a class-leading 46 mpg highway.


“It's hard not to take a shine to the 2014 Chevrolet Cruze Diesel,” according to  “Big-torque performance and hybrid-baiting efficiency is an alluring combination, while the Cruze's intrinsic goodness continues to impress three years after its launch." 


Hybrid option flourishing


For those interested in a hybrid, that combines both electric and gas engine components, and makes for excellent fuel economy and quiet performance, the Toyota Prius family (MSRP starting at $19,080) offers four models. The entry Prius c can achieve up to 53 mpg city.


“If you thought a hybrid car was out of your price range, the 2014 Toyota Prius c will surprise you with its affordability and wealth of standard features." The Prius v can comfortably seat five and also swallows up to 34.3 cubic feet of cargo. And with its flexible seating and cargo configurations, it can haul larger items like bicycles and strollers.


The Prius v delivers the best fuel economy for a crossover or wagon that’s available today. The standard Prius is the one that started it all, and with 51 mpg city and 48 mpg highway, it’s easy to see why it has become a perennial best-seller. In fact, Toyota estimates that if everyone would join the Prius club, the United States would have saved nearly 1.5 billion gallons of gas since 2000. A Prius Plug-in model is also available.


Electric meets luxury


For those who want to steer completely free of the gas station, the Tesla Model S is arguably among the best cars on the road today. The model S is the world’s first all-electric premium sedan and has been gaining non-stop praise with the highest rating ever from a leading Consumer Magazine and the National Highway Traffic Safety Administration (NHTSA).


"As an all-electric luxury sedan with ample range and performance that rivals or surpass conventionally-powered models, the Model S has no true rivals," added Left Lane News. The performance of the model S is so much more than you would expect from an electric car. Drivers can expect a 4.2-second sprint to 60 mph with up to a 265-mile driving range. The available high-powered charging allows for up to 58 miles of range per hour of charge, which means you’ll be back on the road in a flash.


The Model S features available “5+2” seating, which basically means you can carry up to seven people, and a 17-inch color touchscreen display with Internet connectivity keeps you close to what matters most. An all-glass panoramic roof is the largest of any sedan on the market and its active air suspension helps the Model S achieve a ride like no other. This is truly a car you have to see to believe.


Regardless of what you choose, stop by today and let one of our representatives get you approved for an auto loan that works for you.


Published by North Shore Trust and Savings
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Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.

June 2014

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