First-time buyers driving up vehicle sales as pandemic shifts attitudes on transportation

According to a recent survey from Autotrader, first-time car buyers in Canada are three times more likely than experienced buyers to state they’re purchasing a vehicle because of the COVID-19 pandemic, with one in 10 respondents saying their decision to buy was a direct result of the pandemic.

An earlier Autotrader survey of 1,000 shoppers conducted back in April found that 62 per cent of respondents who previously used public transit on a regular basis said they now view owning a vehicle as a more desirable option, with 40 per cent of them going as far to say they didn’t plan to use public transit again after the pandemic.

“The new demand is what I call generated by the pandemic fear where people who didn’t necessarily need a vehicle or wouldn’t necessarily purchase a vehicle started to purchase vehicles,” he told CTV News for the streaming app Quibi in July. The survey found that 50 per cent of buyers said they expect to use their vehicle for more road trips or longer drives in the future, with another 45 per cent replying that they view their car as an escape or for fun.

“I think that’s been driven by staycations, people staying more local, staying at home, no one’s going to be flying for awhile, that kind of thing,” MacDonald said.

And Canada’s getting out of the gas and oil industry! Oh Canada! 😥

This maybe true in some places but not everywhere!

In Toronto ttc management closes part of the subway Every weekend. A 20 minutes car equals an 1+ hours on the TTC. It used to be that there was no faster way to get dt. What is scary is that young people are turning to cars rather than ttc to go out for entertainment.

So much for Trudeau’s statement that the environment is the biggest concern for Canadians coming out of pandemic.

So the govt locked everyone down over a cold, terrifying people of each other, and wonder why people are no longer wanting to take a crowded bus? Cue the TTC crying about budget shortfalls.

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