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Honda - College Essay

Honda

Over the past few months gas prices have continued to rise. Americans unfortunately can look forward to the gas prices to continue to rise significantly higher than they are today. Why is gas so expensive? This question is easily answered with, crude oil prices. Due to society needing fuel efficient vehicles, the consumer is also looking for a more environmentally friendly vehicle as well. Portrayed throughout this paper is how gas prices affect our decision making when buying a car, how the environment may affect how we buy a car, and also the functionality of a car affects our decision as well.
Over the past several years, the automotive industry has been in a period of dramatic ...

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in automotive power within the next ten years. Hybrids still have a major hurdle to overcome: sticker shock. However, for car buyers who want to do their part for the environment and are willing pay a few grand extra to do it (Rockhold, 2006).
Since cars are durable goods, potential customers may consider not only the initial cost of acquiring a car, but also the ongoing costs of operating the car. These ongoing costs include insurance, fuel, maintenance, repair, and depreciation. All these components were of importance when I researched and bought my Honda Hybrid Civic. With the concern of gas in mind, I had to consider what my budget was, how much I drive, and potentially the increase of oil in the future. Since the fuel costs vary between different size vehicles, I had to decide, do I want a large ...

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Honda. (2011, June 7). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Honda/99603

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"Honda." Essayworld.com. June 7, 2011. Accessed November 23, 2024. http://www.essayworld.com/essays/Honda/99603.

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PAPER DETAILS

Added: 6/7/2011 11:54:58 AM
Submitted By: ju1cygirl
Category: Business
Type: Free Paper
Words: 342
Pages: 2

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