Environment not a major factor in car purchases
Updated Thu. Feb. 1 2007 9:15 AM ET
CTV.ca News Staff
A survey of new vehicle buyers shows Canadians are not overly concerned with purchasing an environmentally friendly car.
In fact, buying a vehicle that was better for the environment ranked just 23rd among 26 factors for purchase, according to the Maritz New Vehicle Customer Study of 38,500 buyers.
The ranking was far behind the top three reasons for buying-- value for money, fuel economy and reliability. It was even ranked lower in importance than towing capability and interior styling. Buyers of subcompact cars were more interested in storage and cargo capacity than they were in an environmentally friendly vehicle.
Chris Travell, vice-president of Maritz's automotive research group, told The Globe and Mail that buyers are concerned about the environment but they get overwhelmed by other factors.
"In actual buying behaviour, it's not manifesting itself in the purchase-decision process," said Travell. "It doesn't hold a candle to these other issues."
He did say that as hybrid cars come down in price, consumers will probably start choosing them over non-hybrid models.
Also, while fuel economy ranked high on the list, Canadian buying habits did not reflect that in 2006.
Sales of large SUVs jumped 17 per cent from 2005 levels while luxury SUV sales jumped 6 per cent, according to data compiled by DesRosiers Automotive Consultants.
Reasons why people buy:
1. 30.7% Value for the money
2. 28.4% Fuel economy
3. 27.5% Reliability/dependability
4. 21.5% Price/cost to buy
5. 19.5% Exterior styling
6. 15.9% Manufacturer's reputation
7. 15.2% Fun to drive
8. 14.6% Interior comfort
9. 13.1% Quality of workmanship
10. 11.3% Durability/long-lasting
11. 10.2% All-wheel drive/four-wheel drive
12. 9.8% Storage & cargo capacity
13. 9.4% Engine performance
14. 9.2% Safety features
15. 8.8% Road-holding/handling
16. 8.1% Future trade-in or resale value
17. 7.2% Ride quality on highway
18. 7.2% Warranty package
19. 7.0% Rebate/low interest rate
20. 4.8% Interior styling
21. 4.7% Towing capability
22. 3.6% Discount/value pack
23. 2.2% Environmentally friendly vehicle
24. 1.8% Manufacturer's loyalty program
25. 1.4% Security features
26. 0.5% Ability to accessorize vehicle
Source: Maritz Research
An Internet Fisherman who uses barbless hooks and this one dimensional world as a way of releasing the frustrations of daily life. This is my pond. You are welcome only if you are civil and contribute something to the ambiance. I reserve the right to ignore/publish/reject anon comments.
Thursday, February 01, 2007
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About Me
- Unhypentated Canadian
- I lean to the right but I still have a heart and if I have a mission it is to respond to attacks on people not available to protect themselves and to point out the hypocrisy of the left at every opportunity.MY MAJOR GOAL IS HIGHLIGHT THE HYPOCRISY AND STUPIDITY OF THE LEFTISTS ON TORONTO CITY COUNCIL. Last word: In the final analysis this blog is a relief valve for my rants/raves.
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February
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- Right Wing Bloggers Have Hit Their Objective
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- The Poor Can Be Given Kyoto Dollars
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- Toronto Is Not The Enemy It Is Leftwing Nutbars
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- Security Certificate Decision
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