Welcome to 

BMW London

766 Wharncliffe Road South, London, ON N6J 2N4

Internet Hotline : 1-888-576-5681

BMW london

BMW london

BMW london

BMW londonBMW london

Research

Car Buyers Want, and Will Pay For, Improved Fuel Economy

A new survey released Wednesday by the Consumer Reports National Research Center indicated that consumers would make fuel economy a high priority for their next vehicle purchase and would be willing to pay more for fuel savings.

 
 
Mira Oberman/Agence France-PresseA BP gas station in Chicago earlier this month.

Relative to respondents who expected their next vehicles to achieve about the same fuel economy as their present cars, nearly twice as many people expected to choose a model with much better or somewhat better fuel economy. More than 10 percent said they expected their next purchase to return 40 m.p.g. or higher.

Consumer Reports found that more than half of respondents were willing to pay extra for a more efficient vehicle, which prompted the survey authors to note that this tendency played into the strategy “of several automakers who offer special-edition models for a premium.” However, the mileage advantages of such models may be slight, in some cases just 1 to 2 m.p.g over the base models. Therefore, the return on such investments might take much longer to materialize than consumers anticipate, they said.

Source: Wheels

 

BMW London


BMW London
766 Wharncliffe Road South,
London, ON N6J 2N4

....................................................

Search Our New Inventory
Certified Pre-Owned Inventory
Search Our Used Inventory

....................................................

Get Pre-Approved
Quick Quote

....................................................

Schedule Service
Collision Repair

 

BMW london