BENEFITS AND COSTS OF MOTOR VEHICLE SAFETY STANDARDS PLANNED FOR PASSENGER CARS - STAFF REPORT - SECOND REVISION - PRELIMINARY

BENEFITS AND COSTS HAVE BEEN ROUGHLY ESTIMATED FOR MOTOR VEHICLE SAFETY STANDARDS APPLICABLE TO PASSENGER CARS PLANNED TO BECOME EFFECTIVE 1972-76. ESTIMATES ARE PRESENTED IN AGGREGATED FORM CORRESPONDING TO MAJOR STANDARD GROUPING AND COVER AN IMPLEMENTATION PERIOD OF 1972 THROUGH 1980. POST 1980 RUN-OUT BENEFITS AND COSTS ARE INCLUDED. BENEFITS REFLECT REDUCTIONS IN FATALITIES, INJURIES, AND PROPERTY DAMAGE. COSTS CONSIST OF ADDITIONAL FUEL, MAINTENANCE AND REPAIR EXPENSES AS WELL AS THE NEW VEHICLE PRICE INCREASES ATTRIBUTABLE TO THE STANDARDS. TOTAL BENEFITS FOR ALL STANDARDS ARE PROJECTED AT 76 BILLION DOLLARS. CORRESPONDING COSTS ARE ABOUT 28 BILLIONS, GIVING A NET BENEFIT IN EXCESS OF 48 BILLION DOLLARS. THE OVERALL BENEFIT-COST RATIO IS 2.7:1. GREATEST NET BENEFIT IS ASSOCIATED WITH THE SET OF STANDARDS DESIGNATED OCCUPANT COMPARTMENT SYSTEM, FORECAST AT ALMOST 25 BILLION DOLLARS. MAXIMUM ECONOMIC LEVERAGE IS PROJECTED FOR THE HANDLING AND STABILITY GROUP FOR WHICH THE BENEFIT-COST RATIO IS ESTIMATED AT 5.3:1.

• Corporate Authors:

  National Highway Traffic Safety Administration

  Office of Systems Analyses, Planning and Programming
  Washington, DC  United States 
• Publication Date: 1972-2

Media Info

• Features: Figures; References; Tables;
• Pagination: 28 p.

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Costs; Fatalities; Fuel consumption; Injuries; Loss and damage; Maintenance management; Property; Safety
• Uncontrolled Terms: Maintenance costs; Property damage
• Subject Areas: Energy; Finance; Highways; Safety and Human Factors;

Filing Info

• Accession Number: 00224288
• Record Type: Publication
• Source Agency: Highway Safety Research Institute
• Files: TRIS, USDOT
• Created Date: Aug 31 1973 12:00AM