Oh Yeah - New Economy Standards President Mentioned Last Night Will Raise Vehicle Prices By $2600

U.S. automakers can meet the government’s 2025 corporate average fuel economy (CAFE) standards in an affordable way by expanding the use of existing technologies, an Environmental Protection Agency official said today.

Jeff Alson, senior engineer for the EPA, said the agency believes 2025 model-year vehicles will be $2,600 more expensive than 2011 vehicles if auto companies choose the “most cost effective” route to meeting CAFE standards.

That would mostly involve improvements in internal combustion engines and hybrids that use gasoline.

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quizz - 2/13/2013 4:48:08 PM

+2 Boost

Wouldn't inflation alone raise the price of the car by at least $5,000? I'm assuming this is adjusting for inflation.

Nevertheless, by 2025, mass transportation better be the rule and not the exception.

trmckin - 2/14/2013 11:36:24 AM

+1 Boost

agreed that inflation will easily eclipse that $2600 mark by 2025.

Some food for thought. Just looking at the best selling vehicle in America... MSRP on a 2001 f-150 4x4 Lariat supercrew started at $31,905. A 2013 supercrew 4x4 lariat supercrew MSRP is at $42,030. Over 10k price increase in 12 years.

Realizing that is a higher end model, I looked at the base model. That is an odd comparison. The MSRP for 2001 reg cab 2wd XL is $26,915 versus a 2013 reg cab 2wd XL msrp at $23,670. How the 2001 is more expensive there makes no sense at all.

Who knows what we will see in 2025?

800over - 2/14/2013 12:34:50 PM

+1 Boost

As long as the fuel savings are $2600 or MORE over the life of the vehicle we're good.

CarCrazedinCali - 2/14/2013 3:42:29 PM

+1 Boost

it would be really cool to have a decent public transportation system in major cities and between so we don't have to drive so much, but the politicians and oil companies are greedy

trmckin - 2/16/2013 10:18:41 AM

+1 Boost

I work for a major oil company. Never seen or heard that initiative. In fact, I think if Americans utilized mass transit more, there is a lot of money to made off the Chinese by exporting our refined products but lets not let logic get in the way. Fact is, as American's, we have a history of not supporting mass transit. Has nothing to do with corporations. Government possibly has stood in the way but I find that hard to believe. If people utilized the existing mass transit systems available, cities would be forced to expand those options. Until then, no one is going to make the enormous investment required. Does it need to happen? Sure. Will it ever? Not until Americans change their attitude about walking a little more and having more flexible working hours. Something Europeans have done that allows people the freedom to use mass transit.

CarCrazedinCali - 2/19/2013 4:57:00 PM

+1 Boost

granted I agree that most Americans turn up their noses to public transportation, but if we had clean modes of transportations taking folks where they need and want to go at the right (on time) times then I think things would be different. I loved the public transportation when I was in Germany