“If the price of a vehicle goes up by the government estimate of almost $3,000,” says David Wagner, an analyst for the NADA Used Car Guide, “millions of people will no longer be able to finance a new vehicle.”
Cash for clunkers made used cars more expensive and now new fuel economy standards will make new cars more expensive.
“The government’s 2017-2025 rules aren’t yet final, and Grenhaus and NADA suggest the Obama Administration and NHTSA study the impact the rules will have on buyers before moving forward. “
I’m sure the Obama Administration knows exactly what the effect on buyers will be. It’s all part of the plan.