Surplus of hybrids could mean good deals

March 6, 2009 3:52:16 PM PST
Even though gas prices are down, now may be the best time to find a deal on a hybrid vehicle.Last summer, when gas prices were more than $4 per gallon, the demand for hybrids skyrocketed. Automakers began producing more of the fuel-efficient vehicles. But now that gas prices have returned to around the $2-mark and the demand for new vehicles has declined because of the economy, many dealers are overflowing with hybrid models.

Industry experts say dealers are more willing now to slash prices to move inventory.