Used car prices have already begun to drop after a surge earlier this year. Easier credit, lower gas prices are among the factors easing still high used car prices.
Hybrids cost more upfront but are cheaper to operate than nonhybrids. The federal government has launched FuelEconomy.gov so consumers can calculate the payback period for buying a hybrid.
Gas prices are rising not because of increased demand but because Wall Street is betting on higher gas prices.