The U.S. Energy Department and the Environmental Protection Agency (EPA) last week released a new fuel economy label that features EPA fuel economy estimates and CO2 estimates for used vehicles sold in the United States since 1984. Consumers may create the new label electronically as part of a new tool on FuelEconomy.gov.
The electronic graphic can be downloaded and included in online advertisements on the web, while the paper fuel economy label may be printed and affixed to the vehicle window. As a vehicle’s fuel economy changes very little over a typical 15-year life with proper maintenance, the original EPA fuel economy estimate remains the best indicator of a used vehicle’s average gas mileage
“Making fuel economy information more easily accessible can help Americans save money at the gas pump and reduce carbon pollution,” said EPA Acting Administrator for Air and Radiation Janet McCabe. “Buying any vehicle is an investment, and the information on these labels will help consumers make informed decisions and calculate the cost of ownership.”
“Fuel efficient vehicles cut carbon pollution, reduce our dependence on foreign oil and help American families and businesses save money,” said Assistant Secretary for Energy Efficiency and Renewable Energy David Danielson. “The new fuel economy label gives consumers an easy, quick way to get the information they need to find the used vehicle that’s right for them.”
All new vehicles now include a comprehensive fuel economy and environmental window sticker from the U.S. Environmental Protection Agency, including passenger vehicles that meet the new fuel economy standards. With the FuelEconomy.gov tool released today, used vehicle sellers can provide potential buyers with comparable fuel economy information. Last year, over 40 million used cars were sold in the United States—roughly three times the number of new cars sold in 2012.
Used vehicles’ information will also be available on FuelEconomy.gov in addition to annual fuel cost and petroleum use estimates. Individual fuel economy will vary for many reasons. Visit FuelEconomy.gov for personalization tools. Consumers can also view gas mileage estimates from other drivers with the same vehicle year model and configuration.
Recently, we reported on a study that found 50 percent of consumers in Germany, France, Italy, the UK, and Russia are willing to pay more for a new vehicle if the fuel consumption is cut by 5 percent.