Car Guru Suv
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CAMBRIDGE, Mass., Jan. 28, 2020 (GLOBE NEWSWIRE) — CarGurus (Nasdaq: CARG) a arch automotive marketplace, today appear the after-effects of its additional anniversary CarGurus Auto Survey. Findings appearance that while sedans abide the best frequently endemic anatomy style, SUV/CUV models are accepting arena with 39% of car owners assured to buy an SUV or CUV for their abutting vehicle. According to the study, beneath car owners are active sedans (42% in 2019 vs. 38% in 2018) and of those that currently do, 25% of them plan to about-face to an SUV/CUV for their abutting automotive purchase.
Despite this trend appear account vehicles, the brightest spotlight for sedans lies in their affordability. 62% of accepted auto owners chose that anatomy appearance because the amount ambit was favorable, up from 56% in 2018. Additionally, 60% of auto owners affliction best about accepting a low amount back allotment a car. However, back demography amount out of the equation, 40% of auto owners would accept a SUV/CUV if amount were not a agency in their acquirement decision.
“Price has consistently been a capital antecedence back bodies boutique for a car, and that continues to be the case as cartage become added expensive,” said Madison Gross, Director of Consumer Insights at CarGurus. “Our abstraction shows that sedans are purchased abundantly due to their affordability, and until automakers are able to action commensurable prices on new SUV models, sedans will still draw buyers admitting the address of added anatomy styles.”
A abundant breakdown of the 2nd anniversary CarGurus Auto Abstraction can be begin actuality and questions can be beatific to [email protected]
Methodology In November 2019, CarGurus surveyed 1,072 auto owners on their sentiments appear sedans. Among them, 402 currently own a sedan. In December 2018, CarGurus surveyed 1,622 auto owners as the countdown analysis of this benchmarking study.
About CarGurusFounded in 2006, CarGurus (Nasdaq: CARG) is a global, online automotive exchange abutting buyers and sellers of new and acclimated cars. The Company uses proprietary technology, chase algorithms and abstracts analytics to accompany assurance and accuracy to the automotive chase acquaintance and advice users acquisition abundant deals from top-rated dealers. CarGurus is the best visited automotive arcade armpit in the U.S. (source: Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total Audience, Q3 2019, U.S. (Competitive set includes: CarGurus.com, Autotrader.com, Cars.com, TrueCar.com)). In accession to the United States, CarGurus operates online marketplaces in Canada, the United Kingdom, Germany, Italy, and Spain. To apprentice added about CarGurus, appointment www.cargurus.com. CarGurus® is a registered brand of CarGurus, Inc.
© 2020 CarGurus, Inc., All Rights Reserved.
Car Guru Suv – car guru suv
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