CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Most Americans Believe Vehicle Ownership Is Good Investment But New Transportation Options May Change Views

Most Americans Believe Vehicle Ownership Is Good Investment But New Transportation Options May Change Views

January 8, 2020 By CollisionWeek Editor

A new study from the Insurance Research Council (IRC) shows that motor vehicle ownership is considered a good investment by most adults, but that attitudes toward ownership are challenged by the availability of transportation alternatives such as Uber and Lyft. Two-thirds of all respondents surveyed for the study (66 percent) either strongly or somewhat agreed that owning or leasing a vehicle was a good investment. However, one-third of all respondents (32 percent) said that it was very or somewhat likely that they would forego owning or leasing a vehicle if they had ready access to autonomous vehicles operated by companies

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Autonomous Vehicles, Insurance Research Council, Ride-Hailing

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Diagnostics Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Music City Collision Conference Announces Speaker Lineup June 4, 2025
  • Driving Force Collision Expands Into Northeast With 3-Store New York Acquisition June 4, 2025
  • Adam Tolowitzki Appointed VP of Strategy at Advantage Parts Solutions June 4, 2025
  • Motor Trades Association Concerned Proposed IAG-RAC WA Alliance Threatens Future of Australia’s Independent Motoring Club Insurance June 4, 2025
  • Appraisal Clause Bill Introduced in New Jersey June 3, 2025
  • Stellantis to Invest $388 Million in Michigan Parts Distribution Hub June 3, 2025
  • National Auto Body Council Golf Fundraiser September 22 in Nashville June 3, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in