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Table 3 Willingness-to-pay for selected vehicle attributes

From: A generic discrete choice model of automobile purchase

Attribute

Willingness-to-pay (NOKa 2010)

Explanation

Resource cost share

8600

Value of 1 percentage point increased Resourcecostshare

Fuel cost per 10 km

41,400

Per litre decrease in consumption per 100 km

Four-wheel drive

230,000

Measured relative to rear wheel drive

Front-wheel drive

15,900

Measured relative to rear wheel drive

Five seats

46,500

Measured relative to four seats or less

Six or more seats

15,300

Measured relative to four seats or less

Five or more doors

149,000

Measured relative to four doors or less

  1. aNOK = Norwegian kroner. As of 1 July 2014, € 1 = NOK 8.43