Thursday, June 2, 2011

Smaller Cars= Better Deal




Car buyers always consider price. But these days fuel economy is also high up on the list. High gas prices are driving sales of more fuel-efficient models. According to the auto research site Edmunds.com, compacts and subcompacts accounted for nearly a quarter of the new vehicles sold in April. That’s double the market share from 10 years ago. “Smaller cars are better equipped than they were a few years ago,” notes Edmunds.com senior analyst Jessica Caldwell. “They have more amenities, so people don’t feel like they’re giving up much when they go to a smaller car.” 

Souce Site: http://www.msnbc.msn.com/id/43239954/ns/business-consumer_news/t/sales-smaller-cars-double-decade/

This is not surprising. Gas prices are through the roof, that's for sure. Who knows if they even need to actually be that high. Its bringing alot of the middle class and lower class citzens way down. I know personally because i just upgraded cars from a little saturn that get about 30 mpg to a suv that gets about 20 if i baby it. It is definitely harsh, and a great way for these little cars to sell is by putting more accessories and cool gadgets in them. Like navigation systems, bose speakers, chrome rims, hids, ect.

Picture Citation: http://farm4.static.flickr.com/3237/2528807838_b2b4063ea1.jpg

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