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People that reason like you are in the exception, even if they come to the same conclusion, they will do so for different reasons. There is a market for SUVs,
by crpatino 11y ago
People that reason like you are in the exception, even if they come to the same conclusion, they will do so for different reasons.
There is a market for SUVs, and they are sensitive to oil prices. Specially because when oil prices go up, other necesities go up as well at the same time. On the other hand, price go down, and they will act on the aspirations they already had of owning a SUV. They see prices going down as an opportunity.
There is also a market for small cars. Whether they do it because they are frugal, or because they are green, or because they drive in down town and need a vehicle that will navigate the traffic efficiently and is easy to park in tight spots, they won't buy SUVs no matter how much the oil price goes down, or the SUVs price goes down I'd say. Many will see buying such product as going too strongly against their individual or tribal identities!