Interested in a hybrid vehicle? Now might be the best time

So, you're thinking about buying a hybrid vehicle, but you just aren't ready? Well, now might be your best opportunity.

In the last several weeks gas prices have dropped, yet last week's suicide attack on a Saudi oil refinery could have pushed the price of gasoline up far more than Katrina. Almost certainly, we are in the calm before the oil price storm and gas prices will eventually spike this year. When that happens, as it did after Katrina, interest in hybrid cars will also spike.

Even without a spike, tax credits for Toyota hybrids will expire before the end of the year. So, if you are interested in a Prius or Highlander hybrid you should act now, if the credit is important. Interest in the Prius is always high, but if gas prices skyrocket again, finding a Prius could prove almost impossible.

While tax credits for the Honda Civic hybrid or the Ford Escape hybrid, for example, will probably last through the year, finding one of these vehicles might also prove nearly impossible following another surge in energy prices.

So, if you want to buy a hybrid this year, now could be the best time. Of course, if you are waiting for the Camry hybrid, there isn't much you can do until at least May.