TSLA339.520-2.75%
GM85.530-1.24%
F14.165-0.2%
RIVN14.911-0.449%
CYD46.2401%
HMC31.9550.375%
TM189.570-1.53999%
CVNA72.670-2.92%
PAG219.710-0.14%
LAD374.300-3.25%
AN207.510-1.9%
GPI259.760-4.19%
ABG208.480-2.18%
SAH81.5100.68%
TSLA339.520-2.75%
GM85.530-1.24%
F14.165-0.2%
RIVN14.911-0.449%
CYD46.2401%
HMC31.9550.375%
TM189.570-1.53999%
CVNA72.670-2.92%
PAG219.710-0.14%
LAD374.300-3.25%
AN207.510-1.9%
GPI259.760-4.19%
ABG208.480-2.18%
SAH81.5100.68%
TSLA339.520-2.75%
GM85.530-1.24%
F14.165-0.2%
RIVN14.911-0.449%
CYD46.2401%
HMC31.9550.375%
TM189.570-1.53999%
CVNA72.670-2.92%
PAG219.710-0.14%
LAD374.300-3.25%
AN207.510-1.9%
GPI259.760-4.19%
ABG208.480-2.18%
SAH81.5100.68%


Cheap gas, so what does that mean shoppers want when they visit your lot?

We’re a month away from summer…and of course, that’s when consumers really use their vehicles to travel. It’s the perfect timing for a new report from AAA… which says: Cheap gasoline prices are boosting driving demand and 2016 remains posed to be a record year for both gasoline consumption and annual miles traveled.

Now granted, Edmonds says the report does say consumers have seen slightly higher pump prices lately, but today’s average price of $2.14 per gallon is the lowest for this calendar date since 2009.

A spokesperson for the company told Edmunds, “consumers continue to save on the year, with today’s average discounted by 39 cents per gallon compared to this same date last year.” In fact, the report says drivers are expected to pay some of the lowest gas prices for the summer months in more than a decade.

As this relates to what consumers want on your lot, shoppers are trading in their hybrids and EVS for fuel-efficient compact crossovers, signaling that fuel economy is still somewhat of a priority.


More from Sales & Marketing
Capital One reveals how dealers can win over the next-gen of car buyers 

Capital One reveals how dealers can win over the next-gen of car buyers 

- August 12, 2026
With a new generation of car buyers entering the market, their expectations are shifting towards a very different buying experience than previous generations. Joining us on today’s episode of Inside...
Shopping is not buying: Why your website needs to become a 24/7 sales channel

Shopping is not buying: Why your website needs to become a 24/7 sales channel

- August 11, 2026
How many cars did you not sell last night? Not leads. Not VDPs. Vehicles that were on your site after hours, with buyers ready to move forward, but your website...
Shopping is not buying: How CarJiffy turns dealer websites into 24/7 sales channels

Shopping is not buying: How CarJiffy turns dealer websites into 24/7 sales channels

- August 6, 2026
Dealership websites stay busy long after the showroom lights go off. Buyers browse inventory, check payments, and compare trade values late into the night, but most websites cannot close the...
Fostering a culture of modern leadership in auto retail 

Fostering a culture of modern leadership in auto retail 

- August 6, 2026
The automotive retail environment is experiencing a substantial shift as artificial intelligence tools become integrated into everyday dealership operations. Across sales floors, BDC departments, and service bays, a noticeable divide...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.