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Now that the EPA has changed the way they determine fuel economy, how does that change values on used cars? Well, the EPA has now released a way to view fuel economy for older cars. Example below:
Thanks to the Environmental Protection Agency, new car buyers always have the ability to read fuel economy numbers on the window sticker of any car on the lot. But if you're looking at a used vehicle, the same efficiency info isn't always readily available.
Consumer Reports reports that the EPA has changed that little problem by posting the fuel efficiency information of used vehicles on its fueleconomy.gov website. These aren't new fuel economy numbers, but the EPA did apply the updated fuel economy logic that was instituted in 2008. So if your original 1995 Honda Civic was once quoted at 40 miles per gallon, the new fuel economy number is 33 mpg. The EPA is tracking fuel economy dating back to 1984.
The EPA is hoping that anyone selling a vehicle will use the tool as well. Dealers, for example, can print up the window sticker and place it on the window of the vehicle being sold, giving the "sold as is, no warranty" caveat some competition on the passenger-side window.
Thanks to the Environmental Protection Agency, new car buyers always have the ability to read fuel economy numbers on the window sticker of any car on the lot. But if you're looking at a used vehicle, the same efficiency info isn't always readily available.
Consumer Reports reports that the EPA has changed that little problem by posting the fuel efficiency information of used vehicles on its fueleconomy.gov website. These aren't new fuel economy numbers, but the EPA did apply the updated fuel economy logic that was instituted in 2008. So if your original 1995 Honda Civic was once quoted at 40 miles per gallon, the new fuel economy number is 33 mpg. The EPA is tracking fuel economy dating back to 1984.
The EPA is hoping that anyone selling a vehicle will use the tool as well. Dealers, for example, can print up the window sticker and place it on the window of the vehicle being sold, giving the "sold as is, no warranty" caveat some competition on the passenger-side window.