This is a total shift. Five years ago they wouldn't have even asked. It's not crisis mode ... but I think if people are ready to buy a new vehicle, they will seriously consider something that is gas efficient.
More Quotes from Jesse Toprak:
There has been a permanent shift in consumers' minds as far as gas prices goes. The sustained nature of gas prices has changed how people buy.Jesse Toprak
Generally speaking, the longer you plan to keep the vehicle the more attractive the low APR is for you. On the other hand, if you plan to keep the vehicle for three years or less, the cash rebate may be better. In the shorter amount of time, you simply won't be able to make up as much in interest savings as you will with the cash rebate.
Jesse Toprak
Just three years ago, people ignored the fuel economy numbers on the sticker. Now it's one of the first things people ask about, especially the middle-income families.
Jesse Toprak
When you adjust for selling days, auto sales are essentially flat compared with this time last year. We anticipate May will be more robust.
Jesse Toprak
GM's success earlier this summer has really taken its toll on inventory levels for several models, limiting their ability to have another terrific month, ... And there appears to be relatively little momentum left in GM's employee discount incentive program now that it is in its third month.
Jesse Toprak
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