Electric cars may be great for saving money on gas, but a new report from Kelley Blue Book, commissioned by USA Today, shows that EVs might not be a great value option for their first owners. The study found that compared to gas-powered vehicles, EVs tend to lose significantly more of their value in the first five years of ownership, corroborating a study conducted in the UK, which we reported on earlier this month.
Used Car Values
Honda and Acura have had their fair share of issues over the last few years – from earthquakes, tsunamis and floods to important new models not being all that well received – but that hasn't stopped them from claiming top honors in Edmunds' 2012 Best Retained Value Awards.
Lifecycle CO2 analysis. Higher miles per gallon ratings for new vehicles. End-of-life recycling. These things will matter to fewer and fewer people because, AutoMD has some interesting numbers out this week about how long people are keeping their vehicles these days. An online survey of car owners conducted in December and January found that about 77 percent plan on driving their current vehicles a total of 50,000 miles more than their previous vehicles. Considering the annual average for U.S. d