Survey Say Over 25% Of All Drivers Would Sell Their Vehicle If Fiscal Cliff Raises Their Taxes

According to a recent survey on 2,500 drivers from the US, the fiscal cliff will significantly affect their car-related spending. More than 26% of them said they would get rid of their vehicle and car payment if taxes increase, 78% said they would forgo regular car washes and 59% said they would reconsider the necessity of a navigation system on the next vehicle they purchase.

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monster - 12/27/2012 2:31:49 PM

+3 Boost

I highly doubt this would happen. People need a means of transportation to get to and from their job. If this were really were to happen it would have happened when the gas prices went from 1.25 to close to $4.00. We have seen the number of car sales in US increase almost every year.

People will get smaller/cheaper cars if the fiscal cliff arises.

Agent009 - 12/27/2012 3:03:13 PM

+1 Boost

Don't know about that. They getting their panties in a wad when gas cost them $20 more a tank full just a short time ago. This could amount to far more than that on avg.

PLAY - 12/27/2012 3:09:19 PM

+4 Boost

Right... 26% of Americans are going to go out and sell their cars. I don't see that happening.

PUGPROUD - 12/27/2012 3:11:05 PM

+2 Boost

Let me see if I have this right...both parties created a fiscal cliff so terrifying so as to force them to compromise, and then they don't which in turn puts multiple tax burdens on us taxpayers who in turn curtail spending to pay the taxes thus driving the economy into another recession. Tell me again why creating the fiscal cliff was a good idea ? Also why did we elect these people to Congress and the Senate, shame on us...shame on them. We are screwed !!!!!