Lutz says new CAFE standards will increase car price by $6k
Lutz said that the premium would actually range from $4,000 to $10,000, and that "it won't come all at once, because 35 mpg doesn't kick in all at once." No one said that saving the world was going to be cheap -- but $6,000 per vehicle? We look forward to figuring out which vehicles will bear the brunt of the plan. Add $10,000 to the price of a ZR-1 and no one's really going to notice. Add $6,000 to the price of a CTS and, depending on how much more expensive its competition gets, things could get interesting. Add $4,000 to the price of an Aveo and you've probably sent a fair number of buyers elsewhere.
[Source: Detroit News]
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models