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Economic Impact on SUVs Essay

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Below is an essay on "Economic Impact on SUVs" from Anti Essays, your source for research papers, essays, and term paper examples.

The Sports Utility Vehicle (SUV) is one of the most types of vehicles owned, needed, and driven; and outsold conventional cars last year for the first time. However, with today’s weak economy, the use of SUVs is quickly declining.   With today’s weak economy, the demand for SUVs has declined drastically resulting in negative outcomes for the suppliers and positive outcomes for the environment.
With an economy on the road to a recession, people want to save as much money as possible, especially on gas. A few years ago, gas mileage was not a big part of the decision making on buying a car. Today it is a major part. The higher the miles per gallon (mpg) is, then the more fuel efficient and economic the car is. This is the reason why gas mileage has been such a huge factor in making and buying a car. People want to be able to drive the same amount that they normally do, but they do not want to have to pay more to do it. There are people would rather have an SUV so they can transport more at one time. If a person were to buy a big screen TV and owned an SUV, he would be able to take it home right after purchase. This is a huge advantage because people do not like to wait to use something they have just purchased. In a sedan, transporting the TV would be difficult. The sedan owner would have to either have the TV delivered to his house, or he would have to borrow someone’s SUV. Either way, the same amount of gas would be consumed.
Another example would be if the SUV owner had a child on a soccer team. The SUV would be able to transport more kids in one trip rather than having three or four sedans taking the team to the same place at once. This not only saves gas, but it also saves time for the other parents as well as the vehicle’s wear and tear.
Gas prices rose substantially within a few months. The price of gas reached over $4 a gallon in some places; and though many people mostly found this as an annoyance, the rise of gasoline really hurt the poor. “In a...

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Economic Impact on SUVs. Anti Essays. Retrieved March 24, 2019, from the World Wide Web: https://www.antiessays.com/free-essays/Economic-Impact-Suvs-20476.html