Over 497,784 Phoenix adults plan to buy or lease a car in the next year.
Valley car shoppers are a large, technologically savvy group that can be reached through various mediums. They also shop for a variety of items online, including airline tickets, clothing or accessories, and sporting event tickets.
Consumer automotive buying habits:
- On average, a consumer spends 5.3 months in the automotive buying cycle.
- New vehicle buyers in the Phoenix market consider 5.5 models for purchase.
- 7% of adults in the Phoenix market plan to buy a new car in the next year. SUV's, Luxury vehicles and compact cars are the top 3 types of cars they plan to buy
- 8% of adults in the Phoenix market plan to buy a used car in the next year. Midsized cars, trucks and a van or mini-van are the top 3 types of cars they plan to buy
- 16% of the Phoenix market uses state farm insurance
Car shopper profile:
- 54% male, 46% female
- 14% are 18-24
- 35% are 25-39
- 32% are 40-59
- 12% are 60+
- 57% are married
- 27% have household incomes of $100K+
- 57% have children under 17 in the household
- 77% are employed
- 19% are Hispanic
- 72% own a home
- 40% have a mortgage
Technology and media habits:
- 44% have read the Sunday Arizona Republic and 34% have read The Arizona Republic in the past week
- 83% have accessed the internet in the past 30 days
- 18% have made a purchase between $500-$999 on the internet in the past year
- 13% of those who plan to buy a car used the internet in the past 30 days for Auto information
- 36% have purchased airline tickets on the internet in the past 30 days
- 68% have made a purchase on the internet in the past 30 days
Shopping habits:
- 75% have spent $100 or more on groceries in the past week
- When compared to the Phoenix market in the next year, this group is:
- 98% more likely to purchase a computer
- 3 times more likely to purchase a DVD player
- 3 times more likely to purchase a pool or spa
- 2 times more likely to purchase a boat
- 50% more likely to purchase a high definition television
Activities:
- 62% have attended a professional sporting event in the past year
- 76% have eaten at a fast food restaurant 4 or more times in the past month
Source: 2009 Phoenix Scarborough Release 1