Cambridge, Massachusetts, July 20, 2009 / PRNewswire via Comtex / ---- CarGurus (R) (http://www.cargurus.com), a leading network of automotive community, today announced results of its latest survey of 3391 vehicles in the network of consumers in the world. On the question of how important the consideration of gas mileage will be their next car purchase, forty-one percent of respondents said that it would be important, and ten percent said that it would be the most important factor. These results are somewhat surprising in view of the fact that regular gasoline costs less than 38% in the United States than it did a year ago (Source: Government of United States Energy Information Administration). In fact, only 19% of respondents said that gas mileage will not be a factor at all.
"Automotive consumers long memory. Despite the fact that the U.S. price of regular gas peaked about a year ago, consumers remember the $ 4.10 regular gasoline and careful buying a car with poor gas mileage," said Langley Steinert, director general of CarGurus. "To their credit, car manufacturers do seem to have heard these concerns of consumers and is currently building a smaller, more fuel efficient vehicles."
Results
Through a network of CarGurus, 3391 respondents answered the question:
As gasoline is less than half its peak price of 2008, how important consideration is gas mileage for your next car purchase?
(Total votes = 3391)
- The most important factor - 10%
- An important factor - 41%
- A little consideration - 30%
- It is not a factor - 19%
About CarGurus LLC
Located at Harvard Square, Cambridge, MA, CarGurus LLC is a leading online automotive community founded Langley Steinert, the former President / co-founder of TripAdvisor LLC, the 3rd largest network of travel websites in the world. CarGurus' founders of the Council, as well as to attract investors' experience of leading web companies as TripAdvisor, eBay, Expedia and Yahoo. For more information about CarGurus, visit us at www.cargurus.com.
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