ALTERNATIVE FUEL CAR LEASE: PROS AND CONS

The news in 2021 seems to be all about global issues like pandemics, economics, and climate change. As the chatter about “clean” or “renewable” energy was at its peak a few years ago, now we have numerous types of alternative power in each and every industry. We use them for many of the same things traditional fuels are. And now we are curious to find out the pros and cons of the alternative fuel car lease.

Many people debate the advantages and disadvantages of alternative fuels in the editorial pages of major newspapers in the United States and worldwide every day. If the Earth is really going to run out of coal, oil, and gas in the years to come, what are the leading candidates for shepherding world society into a new, “alternative” energy economy? 

Moving away from oil is something that is inevitably going to happen. And for car owners, the decision of whether to purchase alternative fuel vehicles means weighing up cost, reliability, and environmental concern.

a green sign of a car and a socket on the asphalt

  • Electric Cars
  • Plug-In Hybrid Cars
  • Hybrid Cars
  • Compressed Natural Gas Cars

Electric Vehicles are propelled by an electric motor powered by rechargeable battery packs. EVs have several advantages over internal combustion engine ICEs. In EVs, you must recharge the battery regularly. If you decide to lease an electric car, remember that you can find limited battery recharging stations available when going long distances.

ADVANTAGES

DISADVANTAGES

  • Not readily available
  • Runs silently because there is no ICE 
  • Environmentally friendly; no emissions 
  • Requires less maintenance
  • Limited battery operating range; approximately 50-130 miles and roughly 6-8 hours to recharge completely 
  • Not many battery charging stations, especially across long distances 
  • Increased air pollution from power plants production
Audi e-tron car leasing
Audi E-Tron

A Plug-In Hybrid Vehicle (PHEV) is a gasoline-powered hybrid with a much larger battery. A plug-in hybrid is very alike to an electric vehicle. The engine comes to life when the battery runs down. It allows the vehicle to continue uninterrupted as a regular gasoline hybrid. It also uses regenerative braking to save fuel.

Note: Some PHEVs are incorrectly marketed as hybrids. If you can plug it in and also fill it up, it’s a plug-in hybrid.

ADVANTAGES

DISADVANTAGES

  • All-electric range is good for short commutes
  • Home recharging is available
  • Gas engine can extend range for long trips
  • Cheaper cost per mile
  • No emissions when running in electric mode
  • Big, expensive batteries plus a gas engine drive up prices
  • Daytime recharging could strain electric grid
  • Need to be plugged in to deliver any benefit
  • Gas-mileage benefits are highly dependent on driving habits and frequently overstated
Hyundai Sonata Plug-In-Hybrid
Hyundai Sonata Plug-In-Hybrid

Hybrid Electric Vehicles (HEV) combine the benefits of gasoline engines and electric motors. When choosing an alternative fuel car to lease, hybrids may show some benefits. They include improved fuel economy, increased power, or additional auxiliary power for electronic devices and power tools.

ADVANTAGES

DISADVANTAGES

  • Runs cleaner on a gasoline engine and electric motor
  • Lower annual tax bills come into less amount of money spent on the fuel
  • Regenerative braking system
  • Built from light materials which saves much energy
  • Some hybrids cost much more than similar conventional cars
  • Hybrids don’t live up to the gas mileage buyers may expect (considering the extra purchase price)
  • On a mass scale, they are considered too little, too late, but big savings mean we’ll see lots more of them
Lexus RX450 Hybrid
Lexus RX450 Hybrid

Compressed Natural Gas Vehicles (NGV) are bi-fuel vehicles with multi-fuel engines capable of running on two fuels. On internal combustion engines (ICEs), one fuel is gasoline or diesel and the other is an alternate fuel such as CNG, Liquefied Propane Gasoline (LPG), or hydrogen. The two fuels are stored in separate tanks and the engine runs on one fuel at a time. 

ADVANTAGES

DISADVANTAGES

  • Approximately 87% of natural gas used in America is produced domestically 
  • Less smog-producing pollutants 
  • Less greenhouse gas emissions 
  • Cheaper than gasoline
  • Limited availability 
  • Natural gas is less readily available than gasoline & diesel 
  • Limited driving range as compared to gasoline vehicles
Ford Transit VAN/Wagon
Ford Transit VAN/Wagon

All in all, alternative fuels give us a number of opportunities. Who would not want to be able to make fuel from hydrogen, or, in effect, water, right? We can save money and help the planet at the same time. Regardless of how quickly these alternatives will become worldwide, they are the collective wave of the future. And we are ready to lead you to your dream car with a help of our professional lease experts, who are there to answer all of your questions to get the best deal!

#enjoy your freedom with Grand Prix Motors!

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