Automobile Fuel Savings Outlook

Residents of Blendon, Minerva Park, and Blacklick, should be aware that we are a local buyer of scrap cars. We junk cars for cash with same-day pickup usually available in Jefferson, Hilliard, and Obetz. Yes, a price for a wrecked car can vary based on a number of factors in Grove City, OH.  We’re a locally based outfit paying cash for cars–you can sell a car for cash regardless if damaged, junk or salvage in Jackson, Galloway, or Hamilton.

At the University of Indiana, they produced a report known as the A Macroeconomic Study of Federal and State Automotive Regulations. Here is an excerpt relating to consumer fuel savings: “Vehicles powered by electricity may save a consumer roughly $5,700 to $7,400 over the period of ownership on fuel. Buyers may have a perception regarding fuel costs that do not reflect federal agency projections. Most buyers do not plan on retaining a newly purchased automobile for its entire useful lifespan. These cars can last for approximately 13 – 15 years and most buyers keep cars for 6 to 7 years and then consider trading it in when ready to buy again.

In the 1970s period during the oil embargo, Chrysler tried introducing two models which were “ultra-efficient”, the Feather Duster and the Dart Lite. They did not have great success with these models at the time. During the 1990s, Honda remained focused on offering fuel efficient vehicles compared to their competitors. Although difficult to quantify, it did not seem that Honda truly benefitted from their enhanced fuel efficiency and have since not focused on MPG as much. In other countries where fuel costs are much higher, they have persisted in leading the market in this category. Studies have difficulty proving that U.S. consumers are highly motivated to buy cars based exclusively on fuel efficiency; however, time will probably tell as more of these vehicles enter the market at comparable prices to traditionally powered cars. The full article is available here.

With our auto recycling arrangement, fewer raw materials are used, which conserves energy and natural resources in Dublin, Washington, & Pickerington. We are among those known as a buyer of scrap cars that is involved in scrap throughout Valleyview, Upper Arlington, and Brice.  Call today to sell junk cars for cash in Flint, Westerville, or Truro and we will be on our way to pick it up. Now may be the ideal time to get a price for a wrecked car in Bexley, Madison, or Gahanna. When you sell a car for cash you are actually benefitting the environment.