Well, at least, that’s what Edmunds.com is saying. But I guess that can be true. After all, Edmunds.com is one of the trusted sources of automotive information on the World Wide Web.

The online site did give four main reasons why they have claimed such. Here are the reasons:

1. This is the time when the prices and expenses on hybrid vehicles are at its lowest - pricing systems, transactions prices, and the whole lot. Edmunds.com says that this is because there is now more supply than demand.

2. Incentives are now being offered on most of the popular hybrid vehicles we have in the market.

3. Makers of hybrid cars may be able to reach their sales targets soon enough so much so that the tax credits would be way lower especially later in the spring.

4. Gas prices are going up again.

Alex Rosten is the manager for pricing and market analysis for the site’s AutoObserver.com sister site. He says, “In the past, our research showed that the True Cost to OwnSM a hybrid vehicle was exorbitant. However, our latest analysis indicates that, considering current hybrid price trends and rising gas prices, it is financially sound to purchase a new hybrid vehicle within the next few weeks, before the tax credits are further reduced.”

Even Philip Reed, Edmund.com’s senior consumer advice editor, had something to say on this: “Hybrid vehicles have always been a compelling choice for drivers who want to save fuel and to drive an environmentally friendly car. While buyers used to pay a premium for hybrids, now the vehicles are more affordable and there are a number of additional benefits.”

Looking further, I did find out that there are still other reasons why it is really the time of the hybrid.

Sounds good enough for me. Maybe it is indeed time for me to purchase a hybrid.