Have more, care less

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Like the change of seasons, the price of fuel determines the interest in saving fuel.

As gas prices begin to fall, so does consumer interest in fuel-efficient vehicles, according the latest Cars.com Consumer Search Index. Cars.com is reporting a decline in searches for hybrids and other fuel-efficient cars, all of which saw dramatic increases over the last several months when gas prices were at all-time highs.

Honda Civic Hybrid , the Honda Insight, the Toyota Prius and the Ford Escape Hybrid were all among the site's used cars with the greatest decline in search activity over the last month.cnn/money

Gas prices have recently declined due to more refinery capacity coming on line and therefore the promise of a steady supply, although oil prices have remained high. This has nothing to do with global demand or the long-term supply of oil, a finite resource. It is more about the dynamics of the market.

The good news is that this is great time to haggle a price on a hybrid, so you will be ready for the next panic during a surge of gas prices.

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This page contains a single entry by Paul Kuehnel published on August 4, 2007 9:27 AM.

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