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Auto Show is #1 Source for Deciding Car Purchase

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Khatir Soltani
As reported by New York International Auto Show

NEW YORK
, - According to findings by a third-party research group, the New York International Auto Show (NYIAS) continues to be one of the most effective marketing opportunities for automakers looking to move metal. In fact, nearly three quarters of attendees polled at the 2009 NYIAS said they are somewhat to extremely serious about purchasing or leasing a vehicle in the near future and that attending the Show significantly increased their purchase consideration.

The survey results were recently released by the Greater New York Automobile Dealers Association (GNYADA), the organization that owns and operates the New York International Auto Show. Following is a summary of the findings.


Key Findings From Survey
·72% of attendees are somewhat to extremely serious about purchasing/leasing a brand new vehicle in the near future

·Among attendees, auto shows rank first as the most reliable source when making decisions to purchase/lease a brand new vehicle. The Internet is considered the next most reliable source followed by: Consumer Reports, visiting a dealership, auto publications, friend/relative, TV advertising, newspaper advertising, and chatroom/blogs.

·Visiting the NYIAS significantly increased purchase consideration. 34% were extremely/very serious about purchasing/leasing a brand new vehicle before attending the show. This percentage increased to 47% after the Show, a lift of 13 percentage points.

·93% of all attendees visited the specific manufacturers from which they would seriously consider purchasing.

·75% of attendees reported that they are more likely to purchase/lease from the manufacturers they are considering as a result of visiting their exhibit.

·91% of all attendees plan to take actions as a direct result of attending the NYIAS.
  •  24% plan to purchase/lease a new vehicle
  •  57% plan to visit a dealer for a test drive
  •  51% plan to talk about/discuss cars seen at the Show
  •  45% plan to research vehicles online
  •  25% plan to recommend a vehicle to friends and family
NY: The Nation's #1 DMA for Cars and Light Trucks
New York is the largest-attended auto show in the country and represents the nation's largest DMA (designated market area) for most automobile brands, representing 841,035 new retail registrations in 2008.

Below are total new retail registrations in the top 5 DMAs for 2008.*
  •  New York 841,035
  •  Los Angeles599,320
  •  Chicago321,933
  •  Detroit 315,299
  •  Philadelphia305,827
NYIAS represents the largest vehicle market for 22 of the 35 major automobile brands: Acura, Audi, BMW, Buick, Cadillac, GMC, Honda, Hummer, Hyundai, Infiniti, Jeep, Land Rover, Lexus, Lincoln, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru, Suzuki, Volkswagen and Volvo.

NYIAS is the 2nd largest DMA for these brands: Chevrolet, Chrysler, Dodge, Ford, Jaguar, Mercury, MINI, Pontiac, Porsche, Saab, Saturn and Toyota.
photo:Jupiter Images
Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada