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Mopeds, Scooters & Segways…Oh My!
$3.71.
Supposedly, that’s the magic number gas needs to be at - on a nationwide average basis - to scare the bejesus out of drivers and create a significant slow down in every day driving habits.
Non-essential retail items have already seen a slow down occur. Restaurants, entertainment items and real estate transactions have experienced this as well.
Consumer behaviors will continue to be shaped by the rise in gas prices. Good-bye Vente Carmel Machiatto’s, afternoon Manny/Peddy’s and Red Sox box seats.
Sadly, drivers will continue to sacrifice their favorite guilty pleasures for the simple excitement of filling up their Hemi, driving to their friend’s house to play several hours of Wii Sports and filling it up again for the ride home.
However, a recent KBB study indicates that with a .25 increase per gallon, one-third of automotive consumers will be more willing to consider alternative, fuel-efficient vehicles over traditional octane loving models.
An entire new wave of mileage friendly vehicles is ready and waiting for those looking to cut expenses any way possible. Finding low mileage hybrids make the best used car values…when you can find them.
