Predicting When Hybrid Car Sales Will Go Down
So much of the phenomenon of hybrid car sales is tied directly to gasoline prices that all other factors, for many experts and analysts, tend to take a back seat. The American community of drivers has seen vast demand for hybrid vehicles in times when gas prices spike, and lower demand when the price of gas decreases. In recent years, when the price of fueling up at the pump was nearly cut in half, hybrid sales dwindled, and dealers complained of lots full of unwanted merchandise.
Predicting Fuel Prices and Hybrid Sales
Lots of stargazers are out there trying to tell the world what will happen in regard to peak oil and the future price of crude oil on the market. Some say the price of this commodity is being manipulated by speculators, but others subscribe to a fairly concrete peak oil situation where gas prices will begin a slow, steady climb to prices where hybrids will be best sellers.
In addition, expect the price of a future hybrid car to go down as the technology becomes more standard. One signal of falling hybrid car sales prices is when used car dealers begin to offer a hybrid model at discounted pre-owned rates. The simple option of buying pre-owned brings prices down across the board, and consumer start looking more carefully at investing in these leaner vehicle options. Government incentives and hybrid car tax options may also fit into the big picture.
See if the above fits into your predictions for what is going to happen to hybrid car sales rates as future events impact the American auto market.