Thursday, September 19, 2024

Search Activity For Hybrids Declines

Searches for fuel- efficient vehicles have decreased as gas prices have begun to drop according to Cars.com Consumer Search Index.

Cars.com says it has seen a decline in searches for hybrids and other fuel-efficient cars, which had a large increase in searches over the last several months as fuel prices, were at all-time highs.

Hybrid cars including the Honda Civic, the Honda Insight, the Toyota Prius and the Ford Escape were all among the site’s used cars that had largest decline in search activity over the last month.

“This is fairly consistent with what we’ve experienced in past years with the ebb and flow of gas prices,” said Patrick Olsen, managing editor of Cars.com.

“As gas prices decline, we are starting to see people searching for crossover vehicles and some SUVs. We have yet to see a sustained movement away from gas-guzzlers. Instead, we find that consumers are reacting to current prices at the pump when it comes to their automotive search and buying behavior.”

Crossover vehicles such as the Buick Enclave, Saturn Outlook and GMC Acadia have all experienced a large increase in search activity in the last month. Cars.com believes that crossover vehicles as a category will continue to be popular on the site in the coming months.

Below are lists of the most-searched used cars and the used cars experiencing the largest increase and decrease in searches on Cars.com.
    Used-Cars with the Largest Decrease in Searches (July)

    1           Ford Escape Hybrid
    2           Geo Metro
    3           Honda Insight
    4           Honda Civic Hybrid
    5           Toyota Prius
    6           Geo Tracker
    7           Mazda MX-5
    8           BMW Z3
    9           Hyundai Azera
    10          Lexus SC 430

    Used-Cars with the Largest Increase in Searches (July)

    1           Buick Enclave
    2           Subaru B9 Tribeca
    3           Ford Expedition EL
    4           Saturn Outlook
    5           Chrysler Aspen
    6           GMC Acadia
    7           Mazda CX-7
    8           Mercedes-Benz GL-Class
    9           Dodge Nitro
    10          Acura RDX

 

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