SUV’s Prevail When Faced with High Gas Prices

August 22nd, 2011
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When it comes to buying a new car you would think that most of the population would be willing to downsize their vehicles to save a few extra dollars when it comes to gas prices, but a new survey from consultants AutoPacific shows that consumers aren’t changing their automotive preferences even with the gas prices higher than last summer.

Even with the small car fuel efficiency, consumers are still divided when it come to the type of car they plan to purchase.

  • Small Car – 16%
  • SUV/Corssover – 25%
  • Pickup Truck – 14%

These percentages practically unchanged from the drivers surveyed in July 2010 when gas prices were considerably lower.

Around 23% of July 2011 respondents say they want a 4-cylinder engine in their next vehicle, identical to July 2010. Additionally, 15% still want a V-8 engine, only a two-percentage point drop from July 2010.

According to AutoPacific a surprising number of drivers say they will stick to their favored vehicles and engines even when gas prices rise. Drivers say they find it much easier to change driving habits to deal with high gas prices rather than changing their purchase all together.

The President of AutoPacific said “To be perfectly clear, American drivers want to drive more fuel-efficient, but not smaller, vehicles. This is an important distinction.”

With automakers creating new ways of making the vehicles more gas efficient everyday, consumers will be able to purchase vehicles that suit them and not have to worry about downsizing to a smaller car to save on gas.

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