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Many determinants go into buying a used car, but the current market puts a unique spin on every step in the process. Here are seven factors to consider if you’re looking to purchase one now. 1.
New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by ...
Prices inflation adjusted to 2008 dollars. In 2002, a committee of the National Academy of Sciences wrote a report on the effects of the CAFE standard. [2] The report's conclusions include a finding that in the absence of CAFE, and with no other fuel economy regulation substituted, motor vehicle fuel consumption would have been approximately 14 percent higher than it actually was in 2002.
EV charging has improved, but there is still a long way to go to convince the average driver. Demand for electric vehicles in the US fell 14% in 2023, according to EY's study. Hybrids are still ...
Car longevity is of interest to many car owners [1] and includes several things: maximum service life in either mileage or time (duration), relationship of components to this lifespan, identification of factors that might afford control in extending the lifespan. Barring an accidental end to the lifespan, a car would have a life constrained by ...
A 2017 study in the Journal of Public Economics found that "a VMT tax designed to increase highway spending $55 billion per year increases annual welfare by $10.5 billion or nearly 20% more than a gasoline tax does because: (1) the differentiated VMT tax is better than the gasoline tax at targeting its tax to and affecting the behavior of those ...
Mileage allowance: Leases come with a preset number of miles you’re allowed to drive annually, and failing to adhere to this cap means you’ll incur added fees unless you buy the vehicle when ...
Senate Bill 375 was introduced as a bill in order to meet the environmental standards set out by the Global Warming Solutions Act of 2006 (AB 32). Since its implementation in 2006, AB 32 has facilitated the passage of a cap-and-trade program in 2010 which placed an upper limit on greenhouse gas levels emitted by the state of California.