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Car Buying: How Technology and Alternative Fuels Are Influencing Consumers

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The Toyota Prius, is one of many hybrid cars that Toyota produces.

You don’t have to be an expert to see the auto industry is finally back on track. After the financial crisis several years ago and the $80 billion government bailout of GM, GMAC and Chrysler, car manufactures around the country seem to be doing quite well on their own these days.

And you may have also noticed some changes to the auto industry; not only to what’s inside new cars -- high tech features such as touch screen controls, infotainment packages and other advanced options, but also to what’s coming out of them. With every major manufacturer now producing at least one hybrid model, and many producing or developing all electric vehicles, it would seem that to the auto industry, green may be the new black.

But as cars becomes more advanced, car repairs and purchases become more expensive. So is all this new technology worth it? Does the added benefit of heads up displays, on-board computers, and assisted parking outweigh the cost of having to own and maintain these systems? And does saving money at pump outweigh the cost of buying one of these newer, pricier hybrids or electrics?

Run don't walk to your nearest radio for an hour of car talk with industry experts. This one's a real beauty!

GUESTS:

Join the conversation on Facebook and Twitter.

John Dankosky, Chion Wolf and Allison Ehrenreich contributed to this show.

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