According to recent research, half of Americans consider their car to be more than just a mode of transportation—it's a bona fide member of the family. The survey of 2,000 American car owners unveiled that 51% harbor this sentiment, with an additional 53% expressing a desire to stick with their current car indefinitely if given the choice.
For many, the emotional attachment to their vehicle (22%) stems from cherished memories created along the roadways. Others cite practical reasons for their allegiance, with nearly six in ten (58%) praising their car's reliability and 45% lauding its fuel efficiency.
From a financial standpoint, the majority (80%) are inclined to prolong their car's lifespan if it translates to long-term savings. However, despite this devotion, financial constraints hinder nearly half (46%) from upgrading their wheels.
While the majority (34%) would consider purchasing the same make and model for their next ride, a significant portion (47%) are eyeing a change. In fact, electric vehicles (EVs) are gaining traction as the future of car ownership, especially among younger demographics. With 45% of respondents believing in the potential of EVs, the sentiment is stronger among Gen Z (69%) and millennials (59%).
Key drivers for considering an electric vehicle include the prospect of eliminating gas expenses (35%), environmental benefits (33%), and governmental incentives like tax credits (25%). However, concerns about higher ownership costs (66%) and increased maintenance time (41%) remain prevalent.
Source: IndependentNews
Photo: Getty