Gas Prices Push Local Consumers Toward Smaller Used Cars

In light of gas that’s soared well above $4 a gallon, Mid-Michigan consumers are trying to consume less petrol by buying smaller, more efficient older cars.

According to excerpts from the article:

The cars of choice: Hondas (Civic and Accord), Toyotas (Corolla and Camry) and Fords (Focus and Fusion).

Loved for their efficiency and reputation for reliability, these cars are now drawing offers far higher than their Blue Book value. Some sellers report bidding wars that would make a new car dealer envious.

But at some Lansing-area used car dealerships, the trend isn't quite as pervasive. Prospective buyers are asking about gas mileage and looking more toward cars than gas-guzzling trucks and SUVs, but it still comes down to the price in the window, no matter the vehicle.

Read the entire article here.

Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.
Signup for Email Alerts