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Date Published : Monday, July 21, 2008
Consumers considering applying for a car loan to buy a new vehicle might be interested in new research from the federal government that identifies the most fuel-intensive automobiles.
According to news.com.au, the list is topped by the Holden Commodore - which is also one of the country's best-selling cars.
On average, the study for the Green Vehicle Guide found, the Commodore cost $2,430 a year in petrol, while releasing 3.8 tonnes of carbon dioxide.
It was followed by the Ford Falcon at $2,272 a year in petrol costs and 3.6 tonnes of carbon emissions.
In third place was the Mazda 3, which cost $1,845 a year in fuel, while the Toyota Carolla was ranked fourth with annual petrol costs of $1,672.
At the other end of the scale, the Toyota Yaris was the conventional car with the cheapest fuel bill in the study at $1,350 a year.
Cars with five-star environmental ratings and hybrid vehicles were also ranked for their running costs, the site says, with the Toyota Prius - the car favoured by environmentally-conscious Hollywood stars such as Leonardo DiCaprio, Cameron Diaz and Tom Hanks - named the cheapest to run at $990 a year.
The Fiat 500, Fiat Punto and Citroen C3 were also named among the top environmental performers by the government's site.
Commenting on the results, transport minister Anthony Albanese said: "More than ever, it's important to consider not only the car's ticket price but also its ongoing running and environmental costs."
According to a report for the Motoring Channel cited by webwombat.com, 1.05 million new cars were sold in Australia last year - a new record.
Find and apply online for the best loan deals.

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- Australia to weather the storm, says IMF
Australia's economy is in a healthy enough state to see it make it through the global downturn in one piece.
- Australia to weather the storm, says IMF
Australia's economy is in a healthy enough state to see it make it through the global downturn in one piece.
- Public and government 'confident in face of global economic turmoil'
As the global economy takes a battering, Australians could be forgiven for fearing the worst when it comes to their own nation's money matters.
- Public and government 'confident in face of global economic turmoil'
As the global economy takes a battering, Australians could be forgiven for fearing the worst when it comes to their own nation's money matters.
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