Click here for more information on the cheapest gas in our area. More >>
It seems like skyrocketing gas prices would hurt car sales, but a new report says paying nearly $4.00 at the pump has actually boosted car dealerships across the country.
Automotive News reports that 13% more vehicles were sold this March compared to last year with people looking for more fuel efficient models.
Brad Williams, General Sales Manager with Rivertown Ford in Columbus, says their dealership is seeing much of the same from customers.
"They're looking for vehicles that are reliable, and they are fuel efficient and something that is not going to break the bank when they go to the pump and something that [allows] you to just pass the pump. Customers are looking for that. They are very conscience about the economy. They are very conscience about their pocket book," said Williams.
Williams says they have seen an increase of business across the board this year including their F-series pickup with fuel efficiency technology allowing for more than 20 miles per gallon and their fuel friendly cars that can get up to 40 miles per gallon.
"It makes a big difference because fuel prices or buying fuel ends up being our largest purchase every month. We pay more for that commodity than we do anything else," said Larry Byrd while shopping for a new car.
"If you look at somebody trading in a vehicle that might get 20 miles per gallon and they're going to 40 miles per gallons. All of a sudden you're doubling your fuel economy and at $4 a gallon. That goes a long way for some people," said Williams.
An average person drives 15,000 miles a year. If you have a vehicle that gets 20 miles per gallon, you can be spending about $3,000 dollars at the pump with prices at nearly $4 per gallon. However, with a more fuel efficient vehicle with 40 miles per gallon, you can cut that number in half to $1,500 this year for gas.
Williams says as the prices continue to rise, you can expect vehicles to keep improving because every year companies are pushing for more efficiency.
"You're just seeing the bar raised and the bar raised as far miles per gallon and what you can get out of a tank of gas."
The most recent reports by GasBuddy.com say gas could be just under $5.00 by the summer.
Tuesday, June 18 2013 9:47 PM EDT2013-06-19 01:47:49 GMT
Jackson Police Chief Rebecca Coleman has turned in her resignation to Mayor Harvey Johnson and will retire from the police force in a matter of days. Chief Coleman, who has served with the Jackson PoliceMore >>
Jackson Police Chief Rebecca Coleman has turned in her resignation to Mayor Harvey Johnson and will retire from the police force in a matter of days.More >>
Tuesday, June 18 2013 7:31 PM EDT2013-06-18 23:31:40 GMT
Ridgeland police officers and Madison County sheriff's deputies have surrounded a house on Bryceland Drive in Ridgeland. Lt. John Neil with the Ridgeland Police Department says a resident called policeMore >>
Ridgeland Chief of Police Jimmy Houston said the standoff in Ridgeland is resolved.More >>
Tuesday, June 18 2013 5:00 PM EDT2013-06-18 21:00:46 GMT
There is no such thing as sacred ground for some thieves. Two men rob at least four people at a Jackson church. Officer Colendula Green tells us around 6:22 Monday evening the group was standing outsideMore >>
There is no such thing as sacred ground for some thieves. Two men robbed at least four people at a Jackson church Monday night.More >>
Monday, June 17 2013 9:37 PM EDT2013-06-18 01:37:58 GMT
An accident that occurred around 3 p.m. Saturday on I-20 W. resulted in at least one fatality. The accident happened between Bovina and Flowers. A bystander told WLBT/WDBD the multi-vehicle accidentMore >>
A second person has died from a multiple-vehicle crash on Interstate 20 in Warren County Saturday.More >>
Tuesday, June 18 2013 1:11 AM EDT2013-06-18 05:11:50 GMT
A two-vehicle accident at the Highway 18 and Springridge Road intersection Saturday, resulted in at least one death. A one-and-a-half year-old died in the accident, according to Hinds County Coroner SharonMore >>
A two-vehicle accident at the Highway 18 and Springridge Road intersection Saturday evening resulted in the death of a toddler. Officials have made an arrest in the death.More >>
Monday, June 17 2013 3:26 PM EDT2013-06-17 19:26:53 GMT
Jackson police are investigating what they believe to be a murder-suicide in south Jackson Monday morning. Few details are being released at this time, but Officer Colendula Green confirms one maleMore >>
Jackson police are investigating what they believe to be a murder-suicide in south Jackson and have identified both victims. More >>
Tuesday, June 18 2013 9:23 AM EDT2013-06-18 13:23:30 GMT
A 5-year-old girl set up a lemonade stand across the street from the Westboro Baptist Church compound, and now the group is targeting her. Jayden Sink raised nearly $200 on Friday while she sold lemonadeMore >>
A 5-year-old girl set up a lemonade stand across the street from the Westboro Baptist Church compound, and now the group is targeting her.More >>
Monday, June 17 2013 9:59 PM EDT2013-06-18 01:59:19 GMT
LYNCHBURG, VA (RNN) – Kimberly Burke is used to capturing emotion. As a wedding photographer, she has an eye for tender moments, like the photo she snapped of a Marine and his bride praying that has goneMore >>
A quiet moment captured before a couple wed has brought collective "awws" by millions on the internet.More >>
Tuesday, June 18 2013 8:49 AM EDT2013-06-18 12:49:53 GMT
Simpson County Sheriff's deputies are looking for two inmates who walked off a work detail crew early Monday morning. According to Simpson County Sheriff Kenneth Lewis, Simpson County Adult Detention CenterMore >>
Two Simpson County inmates who walked off a work detail site Monday morning have been recaptured.More >>
WLBT 3 - Fox 40
715 South Jefferson Street
Jackson, Mississippi 39201