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Saturday, July 26, 2008

London Auto Show

One of the most interesting things about coming to England is to see all the different types of transportation and how they cope with $10.00 a gallon gasoline.

Friday I went to the London Auto Show. It was easily the biggest one I ever attended.

Of particular interest to me were the electric vehicles. Many different companies are trying to make electric cars that appeal to the masses. If an electric car can't make it here - it won't make it anywhere. London offers so many incentives to people to buy one.

First - gasoline is $10.00 a gallon. Most of that price is tax - it is like a penalty for using too much fuel. Second - when you buy your auto tag - you must pay a road tax based upon how much fuel the vehicle uses. Electric cars are exempt from that fee. Third - is a congestion tax. If one drives in the city of London - they must pay a $16 a day fee. A special sticker is affixed to the windshield that is read by the cameras as you enter the city. If you do not have the sticker - a fine will be sent directly to your home. Next - parking meters are free to electric vehicles. Finally - there are several free charging stations in the city.

Another neat feature - every car bear a special insurance code. Based on how much the car costs to repair and also how safe the car is - buyers know what it will cost to insure the vehicle before they buy it.

There were many really neat cars at the show. You would never think that the locals must pay such a high price for fuel. It was a Friday afternoon - but the show was packed.

Check out my video of the car show at www.harry.everhart.com

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