disadvantage-unlimited.blogspot.com
Eighty-seven percent of new car shoppers last month said they think gas prices will go much up from 66 percentin April. The prospect of highedr gas prices also is having an impacrt onpurchasing decisions. When asked what they would be most likelyh to compromise in theirnext new-vehiclr purchase, shoppers cited engine size as the top item likely to be followed closely by vehicle size. In addition, 73 percent of thosee who saw gas prices increasing in May said they plan to changwe their spending habits if gas prices were to gomuch "While we may not see the $5-per-gallojn gas experienced in some areas last current economic conditions compounded by the pain at the pump may make $3-per-gallon gas a new threshold for car buyers the point at which they change theid mind about what vehicle to buy and how they spend thei money," said Jack R.
Nerad, executive editoriakl director and executive marke t analyst for Kelley Blue Bookand KBB.com, in a news
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment