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Gas prices changing the way Canadians view their cars

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Gas prices changing the way Canadians view their cars

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The increase in gas prices has not been welcomed by anyone over the past few months and is now starting to change our behaviour and how we plan our journeys and even our summer road trip vacations.

 
A piece over at Auto123.com mentioned a survey commissioned by Toyota that looked at how the gas price hike has affected our way of looking at motoring and whether it is changing the way we drive or travel. The survey polled 2,000 people across the country so is a decent cross section of opinions.
 
In that survey, 78% of respondents said they are looking at gas prices when planning their road trip. Of those, 47% said they think the prices will lower the chances of them taking the trip at all while 27% of those said they are actually considering not having a road trip at all because of the price of gas.
 
Other questions asked by the survey found that:
  • 44% of people plan to use their car less
  • 37% report having less spare cash for savings
  • 29% have cut back on other things to pay for gas
  • 23% have changed their summer vacation plans because of gas prices
  • 19% have taken on more debt as a result in the hike
Gas prices have a much wider effect too. It will impact the price of goods, food, clothing and anything transported by road. At some point, Uber and cab fares will likely increase to cover the extra cost and public transport will also have to pass along the extra costs to users.
 
On a positive note
On the upside, there has also been an increased interest in electric cars and hybrid models such as the Kia Soul EV, Kia Niro EV, Ford Focus Electric and other models like it. This can only be a good thing, both for avoiding further gas price hikes but also looking further into the future.
 
Ford, Kia and other automakers are ramping up the development of EVs. Ford alone are planning several new additions including an F-150 hybrid, Bronco EV or hybrid, the proposed Mustang-inspired EV, Lincoln plugins and hybrids and likely other models too. 
 
Kia is also working on new EVs including electric versions of existing vehicles and all new models.
 
Both automakers already have very credible PHEVs and hybrid electrics that are now cheaper than ever with a longer range than ever before. Check out Ford’s range of EVs at Northway Ford Lincoln, 388 King George Road Brantford ON N3S 3N2 and Kia’s at Georgetown Kia, 199 and 314 Guelph Street, Georgetown, Ontario.
 
Either brand will help you lower your gas costs or avoid them altogether!

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