Drivers are looking to cut a lot of things to save on fuel, but vehicle size isn’t one of them. According to a poll conducted by the Consumer Reports National Research Center, most car buyers are planning to purchase the same size of vehicle as the one they are currently driving.
The results show that 56 percent of those drivers polled said they were going to keep their next vehicle the same size as their current model. Only one-quarter plan to go a size smaller and 19 percent are going to super-size to a larger model. Breaking it down to age and location, older drivers and Northeast buyers (gas prices tend to be higher in this area) are more likely to buy the same size, while drivers aged 18-34 years were planning on going bigger.
Looking at the trends, it is likely that older buyers are cutting costs (retirement pending and kids out of the house) so they don’t need a large vehicle. On the opposite end of the spectrum, younger car buyers are going bigger due to the fact that they are starting families and need all the room they can get.
Are you planning on buying a new vehicle this year? Are you going smaller, sticking with the same size or going with a larger model? Let us know in the comments section below.
[Source: Consumer Reports]