Half of Cars.com’s Survey Respondents Say Recent Decreases in Gas Prices Have Caused Them to Change Labor Day Travel Plans, With 30% Reporting They Will Now Travel Farther
CHICAGO, Aug. 29, 2022 /PRNewswire/ — With air journey woes persevering with and fuel costs falling, a Labor Day journey survey performed by car-shopping market Cars.com™ (NYSE: CARS) reveals Americans are hitting the highway for his or her last summer season trip. The survey discovered that of the 64% of respondents who plan to journey for Labor Day weekend, 80% will drive to their destination1. Of these not planning to journey for the vacation, practically 1 / 4 cited excessive fuel costs as the explanation — considerably decrease than the 42% of respondents who cited excessive fuel costs as their cause for staying residence over Fourth of July weekend2.
“For many, driving just isn’t solely essentially the most economical means to journey, however essentially the most snug and handy,” stated Jenni Newman, Cars.com editor-in-chief. “While fuel costs are nonetheless too excessive for some, we’re seeing ache on the pump ease simply in time for the vacation weekend. Travelers are additionally saving on fuel by turning to electrical and hybrid automobiles, with 36% of road-trippers utilizing various gasoline vehicles this Labor Day.”
Cars.com’s survey additionally discovered the next trends1 impacting 2022 Labor Day journey:
Carpooling to save on fuel: Vacation carpooling continues to be a well-liked choice, with 73% of vacationers planning to drive with others and 47% attributing their carpool plans to a want to save on gasoline.
Change of plans: Some 52% of vacationers who usually favor to fly are actually going to drive due to excessive ticket costs and ongoing airline disruptions. Additionally, 30% of respondents planning to drive say they’ve modified their locations and are actually touring farther.
A rising quantity of electrical and hybrid automobiles on the highway: Among the 36% of vacationers planning to take a highway journey over Labor Day weekend, 10% plan to take an EV and 26% planning to take a hybrid. This is up from the Fourth of July weekend, the place 3% took an EV and 9% drove a hybrid.
Growing issues as monkeypox circumstances unfold: Sixty-four % of survey respondents are a minimum of considerably involved about contracting monkeypox whereas touring this Labor Day weekend. Driving in a private automobile can scale back the quantity of folks whom vacationers are available in contact with and present some peace of thoughts whereas touring.
Family highway journeys: Forty-nine % of Labor Day vacationers plan to road-trip with youngsters, with 63% having one or two kids in automotive seats. This month, Cars.com launched its annual Car Seat Fit Report Card, a useful resource for households to perceive how present automobiles available on the market stack up when it comes to secure automotive seat set up.
To study extra concerning the latest Labor Day journey survey, nice offers and different car-buying ideas and methods, go to Cars.com/News.
1Cars.com client survey, fielded Aug. 10-12, 2022; 1,932 responses
2Cars.com client survey, fielded June 14-17, 2022; 1,670 responses
CARS is the main automotive market platform that gives a strong set of digital options that join automotive consumers with sellers. Launched in 1998 with the flagship market Cars.com and headquartered in Chicago, the Company empowers consumers with the information, sources and digital instruments wanted to make knowledgeable shopping for choices and seamlessly join with automotive retailers. In a quickly altering market, CARS permits dealerships and OEMs with revolutionary technical options and data-driven intelligence to higher attain and affect ready-to-buy consumers, improve stock flip and achieve market share.
In addition to Cars.com™, the Company’s manufacturers embody Dealer Inspire®, a expertise supplier constructing options to future-proof dealerships with extra environment friendly operations and related digital experiences; FUEL™, an promoting resolution offering sellers and OEMs the profit of leveraging focused digital video advertising and marketing to Cars.com’s viewers of in-market automotive consumers; DealerRater®, a number one automotive seller overview and popularity administration expertise resolution; CreditIQ™, digital financing expertise and Accu-Trade™, automobile valuation and appraisal expertise. The Company’s portfolio of manufacturers additionally consists of Auto.com™, PickupTrucks.com™ and NewCars.com®.
The full suite of CARS properties consists of Cars.com™, Dealer Inspire®, FUEL™, DealerRater®, CreditIQ™, Accu-Trade.com™, Auto.com™, PickupTrucks.com™ and NewCars.com®. For extra info, go to www.Cars.com.
SOURCE Cars.com Inc.
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