Tuesday, May 19, 2009

Good news: Car prices to go up $1300 under Obama plan

Oh joy...
President Barack Obama's new fuel and emission standards for cars and trucks will save billions of barrels of oil but are expected to cost consumers an extra $1,300 per vehicle by the time the plan is complete in 2016.

2 comments:

  1. Its a buyers market right now on cars and in the years to come. Plus don't you think you might save some bucks having fuel go further?

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  2. The maintenance costs to repair and maintain these hybrid cars offsets the savings in gas costs. And the break even point for a hybrid is about 3-4 years. Add to that these hybrids usually cost much more. Not worth it for me...

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