August 30, 2005
Poll shows gas prices not affecting consumer car choice
Toronto, Ontario – A survey conducted by InsuranceHotline.com reports that, despite record high gas prices, 76 per cent of consumers are glued to their conventional fuel vehicles.
The question was, “In light of the record-high gas prices, what kind of vehicle would you purchase next?” Out of 6,450, 76 per cent, or 4,903 respondents, said they would rather stick with a conventional fuel vehicle, while only 1,547, or 24 per cent, said they would buy an alternative fuel vehicle.
Lee Romanov, president of InsuranceHotline.com, says the survey flies in the face of the theory that high gas prices or environmental concerns are fuelling a demand for alternative vehicles. “The poll clearly shows that consumers are willing to fork out the extra gas money for the convenience of driving the car they want,” she says.