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Choice in Automobile Retail Sales Act of 2023

Floor Speech

Date: Dec. 6, 2023
Location: Washington, DC

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Mr. CARTER of Georgia. Mr. Speaker, I rise today in support of this bill because American consumers are directly impacted by the cost of vehicles.

Unfortunately, the EPA is trying to force Americans into only being able to pick from some of the most expensive vehicles on the market-- electric vehicles.

The Energy and Commerce Committee received testimony in April that the average price of an EV is $13,000 more than the average price of an internal combustion engine vehicle.

Detroit News Editorial Board reported last week that the new average EV list price was 28 percent higher than a gasoline vehicle last month, according to CarGurus.

In addition, insurance for an EV is also $44 more expensive per month versus $528 more expensive per year than insurance for gas-powered cars. EVs are 50 percent more expensive to fix in the case of an accident, according to Forbes.

The price of a vehicle is incredibly important to my constituents and those of my colleagues because access to a car is tied to improved economic outcomes for low-income households.

Mr. Speaker, I urge support of this bill to preserve affordable vehicle choices for Americans.

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