Rising Gas Prices May Limit Supply of Fuel Efficient Vehicles
Predicted rise in fuel prices may limit supply of popular fuel efficient vehicles.
Recent increases in fuel prices and the expected rise to $3.25 per gallon before Memorial weekend, as reported in the Associated Press, “Higher Pump Prices Coming Your Way This Spring” will cause increase demand that may result in supply shortages for Honda’s fuel efficient vehicles.
When fuel prices soared past the $3.00 per gallon mark in the summer of 2008, manufacturers reduced incentives has demand created shortages for popular models. U.S. new vehicle sales increased modestly in 2010 but still ended the year far below the sales rate of 16 million vehicles annually achieved in 2007. Industry insiders are concerned that they will not be able to react fast enough to a sudden change in demand brought on by high fuel prices.
Fuel Efficient Honda Vehicle
Consumers considering the purchase of a 4 cylinder or fuel efficient 6 cylinder vehicle this summer will benefit by making a purchase decision before fuel prices affect demand and manufacturers slash incentives. Meet our Fuel Efficient Honda Vehicle Lineup and then check out our Honda Sales Event coming to an ending soon on some of our most popular fuel efficient vehicles.
At Patty Peck Honda we are seeing a rise in sales on many of our high fuel efficient vehicles:
- Honda Insights Hybrid – Starting at $18,950 with high fuel economy 40 city / 43 highway.
- Honda Civic’s Sedan, Coupes and Hybrids – Starting at $17,305 getting as good as 25 city/ 36 highway mpg
- Honda Fit – Starting at $15,650 and fuel economy of 27 city/ 33 highway
- Honda Accord – The affordable full size car starting at $22,730 and getting as low as 23 city/ 34 highway
How Fuel Efficient is your Car?
How much can you save if you upgrade to a more fuel efficient vehicle, try out our MPG Calculator and see. Stop by Patty Peck Honda or call us at 888-902-1166 to schedule your personal information day on the best fuel efficient options for you.
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