Jerry State of the American Driver Report Declares 2024 the "Year of the Hybrid" as Heightened Car Buying Demand Signals Car Market Recovery
PALO ALTO, Calif., Jan. 3, 2024 /PRNewswire/ -- Jerry, the AllCar™ app, today releases findings from its 2024 State of the American Driver Report, the third-annual study that offers a full-scale, data-validated look into the current state of the car ownership experience. The report deciphers how the cost of car ownership is affecting Americans' budgets, their car buying outlook, their preference for hybrids over electric vehicles (EVs), and their first-hand experiences on the nation's roads.
- And 23% said they expect to get their first EV within the next three years, down from 25% a year ago.
- A year earlier, 21% of respondents said that an "online platform" would be their preferred method of buying a vehicle..
- "Shopping around for better rates on car insurance and loans can save car owners a significant amount of money," adds Hoenig.
- "Jerry does virtually all the work to find and secure car insurance savings for you in a matter of minutes.