Driving the future: Can you afford it?

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We are at the cusp of a green revolution in vehicles and it is thanks to those who looked beyond oil and gas to sources like Lithium to drive electric vehicles. At the same time, automation and AI is making gains and we’ll probably soon see many more driverless taxi’s and even large trucks which is another issue alltogether that would be treat to discuss. One key question that pops up for drivers is this: Can I actually afford to go green? In answering this question, it is good to inform yourself first.

We’ll start by focusing for a moment on vehicle affordability. When Europeans switched from V8 vehicles to smaller 1.6L models, many resisted change based on cost justification. Their rational were as follows:

Buy a 2nd hand V8 for $3000 and pay an extra $1500/annum on fuel. 

Cost after 2 years: $6000

Buy a new 1.6 for $9000 and save $1500/annum on fuel. 

Cost after 2 years: $9000

Today, we’re seeing Americans think along the same lines when they compare gaz guzzling V8 cars to battery operated Tesla & BMW alternatives. These are short term arguments that put’s pennies ahead of sustainability. It is a bit like saying I’m going to jump off the cliff as it is easier and quicker than walking down the stairway – you will back this view if you study asthma and cancer rates worldwide!

The winning argument off course, is the environment (and your health). With strong economies, our governments have the power to initiate tax breaks on greener vehicles that will in turn reduce problems with lung cancer and climate change, all which are results of high polluting vehicles. Indeed, change is slow – but countries like the Netherlands for example, banned diesel vehicles from 2020 onwards, whereas Italy allows battery operated vehicles to enter historic centers where it bans petrol vehicles. Clearly, things can be done to incentivize environmentally friendly technology in vehicles.

Even if you are earning at lower levels, title loans are indeed available for modern electric vehicles, as much as it is available for vehicles running on conventional fuel. Florida residents might want to consider an option such as title loans in Jacksonville to facilitate their next purchase.

If you did not know why going green with vehciles are so important, here is the scoop:

Vehicle pollutants from private and public transport are leading causes of immediate and long-term damage to the environment. Car exhausts emit a wide range of gases and solid matter, causing global warming, acid rain, and harming the environment and human health. Cars, trucks and other forms of transportation are the single largest contributor to air pollution in the United States, but car owners can reduce their vehicle’s effects on the environment and we now have an opportunity, more than ever, to make positive changes. In case you are not up to speed with how the puzzle fits together: Ozone gas causes lung inflammation, leading to chest pain and often severe coughing, making it difficult to breathe. Then we have carbon monoxide, that is SO dangerous to children and babies, as well as those with heart disease as it prevents your blood from transporting oxygen. We also have car pollutants such as sulfur dioxide, benzene and formaldehyde that is no good for your health.

Well, perhaps we can put the question differently: With accessible vehicle financing and obvious benefits for your health and the environment, can we afford NOT to embrace the next generation of eco friendly vehicles?

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