Cost Per Mile Ratings | List New & Used Cars, SUVs

In today’s competitive auto market countless variables must be considered when determining which vehicle is right for you. Whereas in previous years car buyers sought increased body size and interior space, many of today’s consumers are primarily concerned with fuel efficiency. While some of this is a reaction to the effect greenhouse gases have on the environment, for most it boils down to how much money can be saved at the pump.

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Thus, today’s auto market has become obsessed with mile-per-gallon averages and fuel efficiency standards. But with hybrid vehicles accounting for a greater percentage of auto sales and electric vehicles waiting on the horizon, how relevant will MPG averages continue to be?

Once the majority of automobiles no longer run on fuel, consumers will no longer concern themselves with fuel efficiency standards. So what’s next? As electricity is measured in terms of cents per kilowatt, future cost efficiency standards must reflect this. Therefore, cost-per-mile ratings will eventually become the new standard-bearer. Instead of worrying about how many miles an automobile can derive from a gallon of gasoline, the new concern will center on what an automobile’s cost per mile or CPM rating is. Essentially, consumers will always need a way to gauge how cost efficient an automobile is, but they will simply use a new equation with which to determine it. Say goodbye to MPG ratings and prepare for the age of CPM ratings.

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