Depreciation Expense - Accepting a lower rebate in exchange for a guaranteed fuel price means the intitial purchase price for the vehicle will be higher, resulting in greater depreciation when the vehicle is sold.
The net result? Finance Costs — The higher purchase price when the guaranteed fuel price is selected as described previously results in a higher loan amount, and therefore higher interest payments. Opportunity Cost — Opportunity Cost is the amount of interest that could have been earned with the out of pocket expense of a vehicle. This is due to the lower out of pocket fuel expenses, which increase available cash for the buyer. Fuel Costs — Fuel costs are expected to be reduced …. If fuel prices rise more than 3.
Other Ownership Costs — There is not expected to be any change in maintenance, repairs, or insurance costs resulting from the guaranteed fuel price. The Key Insight.
There is no right or wrong answer for Chrysler buyers when deciding whether the best choice is to select the guaranteed fuel price or the option of a cash rebate. Only in the future….
To most effectively implement similar programs, manufacturers and dealers need to understand these impacts when structuring both the length of the program and the sizing of cash rebates or similar discounted fuel promotions. Similarly, consumers should know that only awareness of these facts…. Web Site Search.
It seems straightforward. Buy a car. Department of Transportation is required to identify aspirational goals to be met by for the deployment of domestically produced electricity, hydrogen, natural gas, and propane fueling infrastructure.
One such goal is the incorporation of consistent signage throughout the corridor. To date, corridors in 35 States plus Washington, DC, have been designated as signage-ready, which means enough facilities exist on the corridor to warrant signage alerting drivers of the availability of alternative fueling stations.
EV charging. A form of fueling for plug-in electric drive vehicles, EV charging involves pulling energy from an offboard power source.
This category includes both hybrids 10—50 miles, 16—80 kilometers, on a single charge and fully electric vehicles 60— miles, 96— kilometers. The market is strongest along the west coast, in the Northeast, and in Hawaii.
This gaseous alternative fuel can come from natural gas and other types of renewable electricity. Hydrogen fuel cell electric vehicles power an electric motor by converting hydrogen to electricity. These vehicles can refuel in less than 10 minutes and perform on a single charge for more than miles kilometers.
This alternative fuel has been used in light-, medium-, and heavy-duty vehicles for decades. Consumers can either purchase propane vehicles from the manufacturer or convert an existing automobile. The fueling process is like pumping traditional gasoline, but there are currently fewer stations than EV stations. The market for propane vehicles is fragmented, with stronger markets in select States. Natural gas. Natural gas is stored onboard a vehicle as compressed natural gas or liquefied natural gas.
Compressed natural gas fuel systems transfer natural gas from the tank to the engine while reducing the fuel pressure. Liquefied natural gas fuel systems convert the liquefied fuel into gas before it is injected into the engine. Roadside signage indicates to drivers which types of fueling stations are available in the corridor. Source: FHWA. The departments of transportation in Minnesota and South Carolina already have installed highway signage. The nascent Minnesota corridor located along I—94 has a handful of signs alerting motorists of the availability of alternative fueling stations.
According to Timothy Sexton, construction and operations section director with the Minnesota DOT, the atmosphere at the DOT and among industry partners in the State has been enthusiastic. Other FHWA goals for alternative fuel corridors include consistency and convenience, reliability and performance, and enhanced coordination among and between the public and private sectors.
Consistency and convenience. As it currently exists, the landscape of alternative fueling stations lacks a uniform geographic layout. Without consistency, consumers have little reason to trust that their vehicles will not run out of fuel before they could reach the next fueling station. Designations are based on the criteria developed by FHWA related to the distance between facilities for each fuel type. Reliability and performance. FHWA aims to ensure that travelers can navigate between destinations quickly and safely.
Research shows that consumers place a high premium on the peace of mind that comes with reliable fueling stations, like those offered to gasoline and diesel powered vehicles. Enhanced coordination of public and private sectors. For any fuel corridor to maintain consistency, agencies at the Federal, State, and local levels have to work together to continue a dialogue about the share of public and private sector investment in the infrastructure. FHWA has designated portions of 55 corridors across 35 States, covering approximately 85, miles , kilometers of the National Highway System, as the backbone of a national network of alternative fuel corridors.
Together, the agencies mapped all public EV charging, hydrogen, propane, and compressed natural gas CNG and liquified natural gas LNG stations located within 5 miles 8 kilometers of the nominated corridors found on the National Highway System. Other considerations for the alternative fuel corridors include the particular fueling methods employed.
Refuel is a gathering for youth leaders. Anyone involved in youth work as a volunteer leader, paid corps employee, intern, youth development coordinator, divisional staff, territorial staff, cadet, and corps officers are all welcome to Refuel! What is the theme? With this simple pattern, Jesus led His disciples through the natural growth process from children, to young men, and to spiritual fathers.
Where is Refuel? Thanks for signing up! Registration closed. Doug Holliday Guest Speaker Doug is a twenty-plus year veteran of youth ministry, having served on staff in the local church as a youth pastor, director of evangelism and teaching pastor in Illinois, New Jersey and Florida. Additionally, I serve as a liaison between our global ministry partners and facilitate training, coaching, and mentoring for ministry leaders in the Midwest region of the U.
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