SUV sales surging, lower gas prices influencing buyers dramatically.
General Motors Corp., Ford Motor Co., and Toyota Motor Corp. all posted a huge increase in SUV sales, with Toyota reporting a 25% increase from one year ago today.
For Ford, MarketWatch.com reports: “the rebound in F-Series sales coupled with gains in Explorer and Expedition SUVs show that consumers may be coming back to the segment as gas prices decline.” The continue to explain that the Ford Explorer made it’s biggest comeback since the employee pricing program increased sales to record levels.
In addition, Ford is announcing a Truck program that offers low-rate financing all trucks. Here are the details reported on MarketWatch.com: “The new campaign, which includes 0% financing deals for 60 months on all of the auto maker's 2006 pickups in stock, including the popular F-Series lineup, and many other 2006 model year vehicles, comes as Ford works to clear its inventory through a model-year ending sell-down.”
The Boston Herald is also reporting a SUV comeback.
Car websites across the Internet are also reporting the popularity of large vehicles such as the Jeep Wrangler, Cadillac CTS, Hummer H2 and Hummer H3. Toyota’s fuel-efficient Yaris have seen huge declines in online searches.
Our own online metrics suggest that while fuel-efficient cars are on the decline, the demand for the hybrids are quite strong and prices will not decrease anytime soon for these premium vehicles.
Car Price Analysis
With this new news, we only recommend you purchase the F-150. Now is the opportune time to purchase any of the larger Ford vehicles because you can get the very low interest rates.
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