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Edmunds.com Names Top 10 Most Fuel-Efficient Cars for 2004
Average Fuel Economy is 19 Miles per Gallon in Cities, 26 on Highways
Average Annual Fuel Expense is $1,310 per Vehicle
May 10, 2004
Edmunds.com
today announced the most fuel-efficient cars for the 2004 model year.
"It is impressive that the most fuel-efficient vehicles enjoy nearly double the per-gallon mileage of the vehicles lower on the list," remarks Karl Brauer, Editor In Chief of Edmunds.com. "During city driving the Insight and Prius are rated at 60 miles to the gallon, while the vehicles tied for 10th place get 29."
Edmunds.com has also determined that the average fuel economy for 2004 model year vehicles is 19 miles per gallon (mpg) in city driving and 26 mpg on highways.
Additionally, Edmunds.com has found the average fuel expense is $1,310 per vehicle, assuming 15,000 miles are driven per year. On average, cars run up $1,178 in fuel expenses per year while trucks, SUVs and minivans average $1,606 annual fuel costs. The most fuel-efficient segment is coupes priced under $15,000, with an average fuel cost of $843 per year while the least fuel-efficient segment is SUVs priced over $45,000, with an average fuel cost of $1,956 per year. The most popular segments are the sedans priced between $15 - $25,000, with an average annual fuel cost of $1,013, and the large trucks, with an average annual fuel cost of $1,874.
Edmunds.com
expects the market to change drastically in the next couple of years as
more manufacturers introduce hybrid vehicles, including SUV and truck
models. Awaited as 2005 models are hybrid versions of the Chevrolet
Silverado, Dodge Ram, Ford Escape, GMC Sierra, Honda Accord, Lexus RX 400h
and Toyota Highlander. Additional hybrid vehicles are in development for
the 2006 and 2007 model years. Other fuel-saving technologies are also
becoming more common, such as the cylinder deactivation systems recently
introduced by GM and Chrysler.
Edmunds.com compiled the list based on the Environmental Protection Agency's (EPA) miles per gallon ratings for city and highway travel, using the EPA's combined fuel economy formula. No all-electric or natural gas vehicles were included. All ratings apply to base models equipped with a manual transmission, except where indicated otherwise with a single asterisk (*).
Source: Edmunds.com
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