DETROIT - What do women want in a car? The same things men do - with subtle differences.
Exterior styling and overall value are the most important things to new car buyers of both sexes, according to TrueCar.com,
an auto buying site that regularly surveys buyers. Past experience with
the brand and driving performance are next on the list.
But
while men usually give an edge to styling and driving performance,
women tend to rank safety and fuel economy more highly than men do,
TrueCar says.
Those
small differences are important as women become a larger force in the
marketplace. Forty percent of new vehicle registrants were female in the
first four months of this year, up from 37percent in 2009, according to
Edmunds.com. And that's only expected to grow. Among younger buyers, women are already outpacing men.
"Women represent the biggest marketing opportunity in the world," says Chantel Lenard, Ford's U.S. marketing director.
Even
when preferences converge, it may be for different reasons. For
example, "reliability" is important to women because they don't want to
get stranded on the road, Lenard says. Men want reliable cars because
they don't want to spend a lot of time in the shop, she says.
Horsepower
is important to men, which helps explain why Lamborghini has the
highest proportion of male buyers of any brand, at nearly 95percent,
according to the car shopping site Edmunds.com. But it's also important to women, who want to know that they can accelerate quickly away from a problem, Lenard says.
Debbie
Parsons sprang for one high-tech luxury - remote start - on her 2014
Chevrolet Spark after spending a frigid winter watching her neighbors
use it to heat their cars. But mostly, she bought the subcompact for its
cute styling and lemon-yellow paint.
"I'm
sure they target women with these cars," said Parsons, 58, a retired
state employee who now does maintenance at an apartment complex in
Charleston, West Virginia.
Parsons
was also drawn to the car's value - starting price $12,170 - and fuel
economy. With safety in mind, she paid extra for OnStar, which gives her
hands-free calling and quick access to emergency services.
Jeremy
Acevedo, an analyst with Edmunds, said women tend toward smaller,
easy-to-maneuver vehicles such as compact and midsize sedans or
crossovers, while men tend toward trucks and larger sedans. The tiny
Scion xD hatchback has the highest proportion of female buyers, at 57
percent. By contrast, only 13.5 percent of Chevrolet Silverado pickup
truck buyers are women.
"The vehicles women tend to buy aren't the largest or the fastest," he said.
Small
car specialists and budget names top the list of brands with the
highest percentage of female buyers. Kia, Mini, Mitsubishi, Nissan,
Hyundai and Honda all get nearly half their sales from women.
Sarah
Harkins, 20, recently bought her first car, a 2011 Kia Forte. Price,
gas mileage and durability were critical for Harkins, a student at the
University of Georgia in Athens. Kia's 10-year, 100,000-mile warranty,
which includes roadside assistance through AAA, was also a selling
point, since Hawkins is wary of getting stranded at night.
"I'm a poor college student, so my first car needed to be an investment that will last a long time," she said.
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