Economic Factors Impacting Car Purchases
Which of the following economic factors, if any, do you anticpate impacting your upcoming car purchase?
| Future Car Buyers | |
| Inflation | 72% |
| Increase gas prices | 47% |
| Price increases for new cars | 46% |
| Recession fears | 31% |
| My job security | 16% |
| Changes in interest rates | 42% |
| Price increases for used cars | 38% |
| Chip and part shortage/supply chain issues | 26% |
| Government incentives for electric vehicles | 12% |
| None of these will impact my purchase | 6% |
| Other | 1% |