Consumer savings

Many of the Advanced Clean Cars technologies that reduce global warming emissions also save consumers a significant of money at the gas pump and electrical charging station. Fuel savings will average 4 percent for 2017 models and more than 25 percent for 2025 cars as shown in chart below.

Financing

Consumers could nearly double their return on investment in Advanced Clean Car technologies by 2025, when the regulations are fully implemented (Table 1). For used car buyers, the return on investment could be nearly triple over the life of the car (Table 2).

Table 1. Estimated financial impact of Advanced Clean Car rules for buyers of new 2025 models.

Financial considerations	Estimated financial impact*
Average increase in new vehicle price	$1,900
Increase in monthly loan payment	$35
Net lifetime** savings	$4,000
Monthly fuel*** savings	$48
Net monthly savings	$12
Payback period (years)	2.9

*2009 dollars, **14-17 years, ***Includes electricity/hydrogen costs of Zero Emission Vehicles

Table 2. Estimated financial impact of Advanced Clean Car rules for buyers of 10-year-old 2025 models (bought in 2035).

Financial considerations	Estimated financial impact*
Average increase in used vehicle price	$440
Increase in monthly loan payment	$14
Net lifetime** savings	$2,000
Monthly fuel*** savings	$36
Net monthly savings	$22
Payback period (years)	0.9

*2009 dollars, **8 years, ***Includes electricity/hydrogen costs of Zero Emission Vehicles

Financial incentives

State rebates of up to $2,500 are available for buying or leasing a Zero Emission Vehicle, such as a fully electric vehicle.On top of a state rebate, consumers could qualify for a Federal tax deduction of up to $7,500

ARB’s buying guide for today’s clean cars