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joela
Guru
| Posts: 1105
| Joined: 03/06
Posted: 04/26/06
05:49 AM
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"TUPELO - Either consumers don't believe today's inflated gasoline prices will stick or they haven't yet grown accustomed to them, say several automobile dealers in Northeast Mississippi.
Contrary to small-vehicle buying trends during last summer's oil spike, people still are buying large trucks and SUVs in record number - for now."
http://www.djournal.com/pages/story.asp?ID=218066&pub=1&div=News
I'll admit I'm not surprised. I know I don't think of fuel economy when I look at the Mazda CX-7 or any other SUV.
What about y'all? Do gas prices afffect your decision to buy an SUV or even truck?
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Posted: 05/29/06
02:18 PM
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high gas prices suck but they havent yet affected my behavior nor really the behavior of most consumers. reason is that although $3 sucks the fact is that for a consumer that makes $1500 a month an extra dollar per gallon represents maybe another $50-100 a month in costs and that is still less than 10% of income - the average person could cut out a starbucks each day and save back that money - so I think it sucks and its inconvenient but i dont think people will change their behavior day to day until you get to something like $5 or $6 per gallon - which is what you have in Europe
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