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At the start of September, gas prices hit an all-time Labor Day average high of $3.80 per gallon.
So it’s no surprise that a recent study commissioned by Ford says that 82 percent of Americans would be happy to pay a higher sticker price on cars that save them money in the long term.
The study, carried out by Penn Schoen Berlandalso, asked an undisclosed number of drivers about their opinions on green driving, energy saving, and new car purchases.
Among its findings, the report concluded that 95 percent of those questioned placed a high level of importance on fuel-efficient cars, while 70 percent of respondents admitted to changing their driving habits recently in order to save fuel.
While only 21 percent of those questioned said they had recently purchased a new car with improved fuel economy, most respondents said that saving money and helping the environment were important factors when making energy-efficient purchases.
When asked what they would do with a $1,000 discretionary income to spend on energy saving, 25 percent of those questioned said they would invest in a car fitted with hybrid technology.
As with any survey, without details of sample size, a full-list of questions asked, or further details about when and where it took place, this Ford-sponsored study doesn’t impart as much data as it could.
Sadly too, the survey doesn’t answer the question we really want to see answered: how much more sticker price will consumers pay in order to get a gas-saving car?
Perhaps you can help us figure it out. Let us know in the Comments below.
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Have an opinion?
1) you cannot figure out what people are willing to spend money on by asking them, it is well known not to correlate with their action.
2) Price may not change, people will forgo leather seats to pay for efficiency gear.
3) The real question, why would Ford release this data? What is their angle? Do they want to support CAFE and not see it overturned because they favor regulatory certainty. Do they fear Romney overturning CAFE and making a mess. Do they feel they are best positioned to deal with CAFE and can beat their rivals in a future with CAFE.
I think the assertion that CAFE standards should be repealed is sort of like trying to ignore high blood pressure or other health concern. Short-term gain for long-term problems.
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