Tag: vehicle

    The Wheel Deal: To Buy or Lease Your Next Automobile

    It’s one of the most common — and beguiling — questions that consumers face: to buy or lease a new car? Investing your hard-earned money in a new set of wheels is a major financial commitment, whether you ultimately choose to buy the vehicle or lease it, according to personal finance experts. “It’s a balancing act that c…

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    Fuel Economy Up, But Consumption Up More

    Although vehicle fuel economy has improved 40 percent since 1970, the total amount of fuel used has increased by more than half, says a University of Michigan researcher. Using data from the U.S. Department of Transportation from 1970 to 2010, Michael Sivak of the U-M Transportation Research Institute examined the impact of …