Показаны сообщения с ярлыком car buying. Показать все сообщения
Показаны сообщения с ярлыком car buying. Показать все сообщения

Survey Says: Buyers Slant Toward Domestics, if Any

Checkmarksurvey

Cars.com did some research recently to find out more about its users. We had an independent firm ask a whole bunch of interesting questions of more than 1,000 carefully selected participants that show a cross section of the country. The survey took place in January 2007 and has a sampling error of plus or minus 3%, with a 95% level of confidence.

One interesting question asked was: “When you purchased your last car, did you consider whether your car was American or foreign made?”

Almost exactly half, 49.9%, said it didn’t matter; they picked the car they wanted without considering where it was built (or, more accurately, where the automaker is based). The big surprise was that 32.5% do indeed prefer buying cars from American automakers, compared to 17.5%, who preferred foreign automakers. That’s a pretty good advantage. 

One other interesting result we can share with you includes the most important factors that come into the car-buying decision. Price is still No. 1, with 88.1% ranking it their top priority. The second spot, however, was a bit of a surprise: Fuel efficiency came in a very close second at 75.9%, and safety came in third at 69.2%. 

Do these results fall in line with your car-purchasing decisions? 



Related posts:



Related posts:



Cars.com Introduces Total Cost of Ownership for New Cars

Tco

Cars.com already provides a lot of research tools for new-car shoppers, but that doesn’t mean we ever stop trying to improve and find more ways to assist in that tough buying decision. Recently, Cars.com launched its latest feature, called Total Cost of Ownership. After picking a vehicle you’re interested in via our Research page, just click the Total Cost of Ownership tab shown under the vehicle picture on the left.

The Total Cost of Ownership page will show you exactly how much that new car will cost you over five years, based on its MSRP, estimated depreciation, taxes, financing charges, insurance and fuel costs, and other factors. While there are certainly different expenses for different shoppers, this guide gives an excellent overall snapshot of each vehicle and is great for comparison purposes. Here, we selected the new Acura RDX SUV, which we’ll be testing later this week, so you can see how everything is broken down by dollar amount and percentage, complete with a handy pie graph.



Related posts:



Related posts:



Car Prices Fall as Incomes Rise

2007chevyimpala

When you take the amount of income it takes to buy a new car American families are spending less than they have since 1980, according to Comerica Bank’s recent auto affordability index. The index determines how many weeks of income it takes to own a new car. That figure is now at 23.6 weeks of income for the median family which makes $58,000 a year. That number is up 5% over last year.

The other major factor in the survey is the average cost of a new car or light truck has fallen 5% in that same amount of time. We’ve anecdotally noticed new cars being packed with more features while retail prices rise incrementally. Another factor, of course, is the recent burst in low-financing offers that take away some of the sting from a new car purchase.

In the story from the Detroit News, we found the real-life consumers they quoted a bit misleading. They talked to two recent new car buyers that were amazed at how far their dollar went but both traded in older, large SUVs – one of the most expensive new vehicles you can buy – for sedans or wagons. We would have liked to hear from someone who bought an identical model and spent less than the time before. Is there anyone out there that can back up the study and its findings?

[Cars, Trucks Take Less Bite From Wallets, The Detroit News]



Related posts:



Related posts:



Scion Holds Back Production, Sales to Stay Hip

2007sciontc

Scion has had a meteoric rise since it debuted in the U.S. a few years ago. With only three models for sale, the Toyota-owned brand will beat its projected goal of 150,000 cars sold in 2006. Most automakers would look at that success, drool and ramp up production. Not Scion.

The company says it will stem production next year to stay under that 150,000 mark. Why? Officials want the brand to have an exclusive feel, and think the less people see on the road the more buyers will want them.

Of course, this could all just be a ploy for the press, as two models — the xA and xB — will be retired in the spring and replaced with two new models. Any gaps in those moves could limit sales as well. Either way, Scion sure seems to care more about street cred than any other brand on the market.

[A Way Cool Strategy: Toyota's Scion Plans to Sell Fewer Cars, The Wall Street Journal]

Related:
Scion Unveils xB Release Series 4.0
Scion xA and xB to be Replaced in Spring 2007



Related posts:



Related posts:



Ford and Chrysler Offer New Deals to Clean Out Lots

2006ptcruiser_1

Sales may have improved in October but it wasn’t enough to get Ford and Chrysler dealers ready for the new model year. Both automakers are extending 60-month zero-interest and other low-rate offers through the end of the year on certain 2006 models. This move comes as Ford and Chrysler have curtailed car production to reduce the number sitting on dealers’ lots. GM’s current incentives — including customer cash back — already run through January 2. As always, a full list of current incentives can be found here.

[Ford, Chrysler Sweeten Deals to Clear Lots, The Detroit News]



Related posts:



Related posts:



Truck Sales Rise as Gas Prices Fall

2006chevysilverado

American automakers sighed — just slightly — yesterday when just-released October sales figures showed truck and SUV sales shot up 14.8% last month compared to October of last year. This is a reversal of recent trends downward in the truck market, as buyers were scared off by high gas prices. The numbers were also impacted by last year’s mediocre October sales overall, meaning the companies probably would have improved regardless of low gas prices.

Chrysler’s Dodge and Jeep brands aided parent company DaimlerChrysler’s truck-sale boost of 11.1%, while GM saw a rise of a whopping 32.9%. Over at Ford, cars actually won out in October, up 22% compared to Ford trucks’ minimal 0.7% rise.

What does all this mean? Trucks aren’t dead yet, and new entries from Chevrolet, GMC and Toyota in the next few months should boost sales even higher. That is, as long as gas prices stay reasonable.

[Lower Gas Prices Spur Rebound in Truck Sales, The Detroit Free Press]



Related posts:



Related posts:



Audi's Plan: Premium Image, Higher Prices

Audi_main

Audi wants to raise its prices and overall image to better compete with other German luxury brands, like BMW and Mercedes-Benz, the automaker announced yesterday. Right now, Audi's cars offer a slim bargain compared to similar Bimmers and Benzes. Excluding destination charges, here's how some of them compare:

  • 2007 Audi A4 2.0T: $28,240 / 2007 BMW 328i: $32,400 / 2007 Mercedes-Benz C230: $29,650
  • 2007 Audi A6 3.2: $41,950 / 2007 BMW 525i: $43,500 / 2007 Mercedes-Benz E350: $50,550
  • 2007 Audi A8 4.2: $68,900 / 2007 BMW 750i: $75,000 / 2007 Mercedes-Benz S550: $85,400

Audi of America's executive vice president said the automaker wants to close the gap within five years, according to Reuters. But he said price increases will come with additional content and new designs. Audi is also looking to close the gap with promotional events that tie the brand to luxury partners like Bang & Olufsen and Ducati.

It bears mention that the base A4 and A6 are front-wheel drive, something performance enthusiasts often scorn. Models with Audi's Quattro all-wheel drive cost about $2,500 more. BMW and Mercedes competitors offer standard rear-wheel drive.

If Audi does close the competitive price gap, leave a note below on additional things from engines to interiors you'd like to see.

[VW's Audi Looks to Close U.S. Pricing Gap, Reuters]



Related posts:



Related posts: