A colour-coded Used Car Fuel Economy Label was today launched by Minister for Transport Sadiq Khan.
The label provides consumers with clear ‘at a glance’ information on the running costs, fuel consumption and environmental performance of used cars available from participating dealers. The initiative builds on the success of the new car fuel economy label.
The used car label is a voluntary initiative for dealers, developed by the Low Carbon Vehicle Partnership (LowCVP) with support from the Retail Motor Industry Federation (RMI), the Society of Motor Manufacturers and Traders (SMMT) and the Government.
The scheme was launched to the automotive trade in early August and so far over 1,000 dealers have signed-up with the Vehicle Certification Agency (VCA) to take part and display the label on cars that they sell.
The colour-coded label provides easy to read information on a car’s make and model along with its CO2 emissions, estimated fuel cost over 12,000 miles and MPG (the fuel consumption figure shown on the label is taken from the official test results for the vehicle type when new).
Dealers can choose only to label cars up to two years old, or to label older cars manufactured as far back as 1st March 2001. 94% of dealers signed-up to date have said they intend to label cars dating back to 2001. Sales by private individuals are not covered by the scheme.
Minister for Transport Sadiq Khan MP said at the launch “Running costs and environmental performance are increasingly important to new and used car buyers. I am therefore delighted that the new car label is now joined by a similar used car label.
This will give people the information they need to make the right purchase for themselves and the smart purchase for the environment. I hope as many dealers as possible will participate and I encourage used car buyers to look out for the label when they consider what to buy.”