Car are always being bought and sold. Some people jump from car to car every few years; I’ve known people who always lease precisely because they trade what they have every year or two for something new.
I’ve been an EV driver for the last few years; my brother called today to tell me he had just bought a used Bolt for his wife. As things happened one of his grown children had their car completely fail on them this week, and so he and his wife decided to buy themselves a new car so they could sell the old one for cheap to their child. With gas prices as they are they found a gently used Bolt EUV. They pick it up this weekend.
So in their case they didn’t go out and buy a car just because gas prices were up — but the decision between gas and EV was triggered by the price of gasoline.
Car are always being bought and sold. Some people jump from car to car every few years; I’ve known people who always lease precisely because they trade what they have every year or two for something new.
I’ve been an EV driver for the last few years; my brother called today to tell me he had just bought a used Bolt for his wife. As things happened one of his grown children had their car completely fail on them this week, and so he and his wife decided to buy themselves a new car so they could sell the old one for cheap to their child. With gas prices as they are they found a gently used Bolt EUV. They pick it up this weekend.
So in their case they didn’t go out and buy a car just because gas prices were up — but the decision between gas and EV was triggered by the price of gasoline.