As reflected in searches on cars.com, consumer interest in fuel-efficient cars has decreased while interest in large luxury SUVs have increased significantly in the past month.
"The recent drop in gasoline prices once again shows that consumers have a short memory when it comes to the effect that gas prices have on their shopping behavior," said Patrick Olsen, cars.com's managing editor. "It has been less than a month since gas prices dropped below $3 a gallon, and we have seen a surge of consumers looking for SUVs on cars.com."
Sounds like a great time to buy a hybrid.
Searches (August-September) on cars.com:
Top New-Car Search Increases - - - - -Top Used-Car Search Increases
1 Hyundai Santa Fe.....17.28%.....1..... Porsche Cayenne..... 15.13%
2 Chevrolet Avalanche.. 16.68%...2.... Hummer H2............... 14.17%
3 Jeep Wrangler.............12.88%...3.....Lexus LX 470............13.64%
4 Cadillac CTS................ 11.94%...4.... Hummer H3...............13.03%
5.Audi A3........................9.52% .... 5....Mercedes-Benz CLS-Class 12.73%
6.Honda CR-V.................8.17%......6....Infiniti QX56............... 9.06%
7 Acura MDX.................. 7.84%..... 7...Ford Bronco................8.42%
Top New-Car Search Decreases - - - - Top Used-Car Search Decreases
1Toyota Yaris.................37.85% ........1...... Honda Insight.............30.65%
2 Toyota Prius.................33.85%.........2.......Toyota Prius...............29.98%
3 Volkswagen Jetta........32.14%.........3.......Toyota Yaris..............27.91%
4 Hyundai Sonata...........26.02%..........4.......Chevrolet Prizm..........27.23%
5 Toyota Corolla.............25.64%.......... 5....... Ford Contour............26.46%
6 Toyota Camry.............23.07%........... 6.......Geo Metro.................25.01%
7 Chevrolet Cobalt........ 21.62%........... 7.......Volkswagen Jetta.....24.08%
8 Honda Civic................21.29%........... 8.......Volkswagen Beetle.. 22.91%
9 Honda Accord...........18.78%...........9........Toyota Tercel............22.80%
10.....Honda Pilot............18.64%..........10....... Ford Focus..............22.42%
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