401 RT 440 S. Bayonne, NJ 07002
401 RT 440 S. Bayonne, NJ 07002
401 RT 440 S. Bayonne, NJ 07002

Will Increased Gas Prices Affect the Car Market in New Jersey?

Will Increased Gas Prices Affect the Car Market in  New Jersey

As gasoline prices have risen alarmingly in the last several months, so too will the range of consumer responses to these rising costs. Consumer actions will impact the New Jersey automobile market if they expect petrol costs to rise. Many analysts have predicted that gasoline prices will remain volatile for the foreseeable future, which will impact automobile sales in the United States.

Automakers' and consumers' real incomes must rise in lockstep with the rise in fuel price for these effects to persist in future model years. If accurate gasoline prices remain significantly higher than their historical average, so will the impact on future product decisions and requirements by automakers. Car customers who bought their automobiles expected that fuel costs would remain high and would be spared from paying exorbitant rates if gasoline prices returned to their former levels.

There are Increases, But Not as bad as you think.

While gas prices are still low for many families, they are not as financially strained as they were in previous years. Fuel prices are greater than in prior years, but salaries are often higher. If we consider a typical home that is required to purchase 3 gallons of fuel every day - slightly more than the average household- they must currently spend roughly 5% of their earnings on gasoline. When the price of oil was relatively low in the five years leading up to the epidemic from 2015 to 2019, they had to pay 4.4 percent as a standard. From 2005 to 2014, fuel use accounted for 6.5% of their income in the preceding decade.

Will buying electric vehicles Help?

As petrol prices rise above $4.00 per gallon, more and more individuals will choose electric vehicles to save money on fuel. No popular EVs were available while petrol prices were at their highest. In 2008, Tesla released its first Roadster, selling just 2,450 units. Even though electric vehicle charging stations are still in the early stages of development, many motorists are making the switch.

By 2021, plug-in hybrids and all-electric vehicles will account for 4.8 per cent of the U.S. car market. What may be possible in 2022 if inventories of new automobiles were at historically typical levels? That's a fascinating question to ponder. An EV driver that travels 1,200 miles a month and charges at home will use approximately how much fuel per month (electricity). In the United States, the cost of power and the number of miles driven are:

- It costs $11.48 to charge the Tesla Model 3's 82 kWh battery, which can go 358 miles.

- A single charge of the Tesla Model Y Dual Motor, which has a 75 kWh battery, can get you 330 miles at $10.50.

- The 82 kWh battery in the Volkswagen ID.4 travels 260 miles on a single charge, costing $11.48.

Car Prices can still be attributed to Chip Shortage, Not just Gas (So it's hard to tell)

Automobile buyers had been hoping for a decline in vehicle prices for a long time, but in 2021, prices only continued to rise, increasing the burden on buyers. There has been a steady rise in the cost of both new and used vehicles. Due to a scarcity of microchips, the entire supply chain of the automobile industry was disrupted. Automakers have recently adopted these microchips to keep their supply secure and production lines running. In 2021, the automotive sector experienced its largest inventory gap due to a lack of microchips. Because of this, the price of automobiles will continue to rise until this shortfall is remedied.

Looking For Quality Used EV in Elizabeth, NJ?

If you are looking to purchase a Quality pre-owned Electric Vehicle in Elizabeth, NJ, then look no further than Bavarian Auto Gallery! We pride ourselves on the high quality Electric Vehicles we have in stock and want to get you excited about your next vehicle purchase. We have financing options for all credit and will be able to get you in the vehicle you are looking for!

Come down if you are in Elizabeth NJ and get the best deal on your next quality used Electric Car today!

Loan Calculator

Discover your monthly car payment
Trade-in Value:
Loan Terms:

Privacy Policy

This privacy policy has been compiled to better serve those who are concerned with how their 'Personally Identifiable Information' (PII) is being used online. PII, as described in US privacy law and information security, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context. Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your Personally Identifiable Information in accordance with our website.

What personal information do we collect from the people that visit our blog, website or app?

When ordering or registering on our site, as appropriate, you may be asked to enter your name, email address, mailing address, phone number or other details to help you with your experience.

When do we collect information?

We collect information from you when you register on our site, place an order, fill out a form, Use Live Chat, Open a Support Ticket or enter information on our site.

How do we use your information?

We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways:

How do we protect your information?

Our website is scanned on a regular basis for security holes and known vulnerabilities in order to make your visit to our site as safe as possible.

We use regular Malware Scanning.

Your personal information is contained behind secured networks and is only accessible by a limited number of persons who have special access rights to such systems, and are required to keep the information confidential. In addition, all sensitive/credit information you supply is encrypted via Secure Socket Layer (SSL) technology.

We implement a variety of security measures when a user places an order enters, submits, or accesses their information to maintain the safety of your personal information.

All transactions are processed through a gateway provider and are not stored or processed on our servers.

Do we use 'cookies'?

Yes. Cookies are small files that a site or its service provider transfers to your computer's hard drive through your Web browser (if you allow) that enables the site's or service provider's systems to recognize your browser and capture and remember certain information. For instance, we use cookies to help us remember and process the items in your shopping cart. They are also used to help us understand your preferences based on previous or current site activity, which enables us to provide you with improved services. We also use cookies to help us compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future.

We use cookies to:
You can choose to have your computer warn you each time a cookie is being sent, or you can choose to turn off all cookies. You do this through your browser settings. Since browser is a little different, look at your browser's Help Menu to learn the correct way to modify your cookies.

If users disable cookies in their browser:

If you turn cookies off, Some of the features that make your site experience more efficient may not function properly.Some of the features that make your site experience more efficient and may not function properly.

Third-party disclosure

We do not sell, trade, or otherwise transfer to outside parties your Personally Identifiable Information unless we provide users with advance notice. This does not include website hosting partners and other parties who assist us in operating our website, conducting our business, or serving our users, so long as those parties agree to keep this information confidential. We may also release information when it's release is appropriate to comply with the law, enforce our site policies, or protect ours or others' rights, property or safety.

However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

Third-party links

Occasionally, at our discretion, we may include or offer third-party products or services on our website. These third-party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.


Google's advertising requirements can be summed up by Google's Advertising Principles. They are put in place to provide a positive experience for users. https://support.google.com/adwordspolicy/answer/1316548?hl=en

We use Google AdSense Advertising on our website.

Google, as a third-party vendor, uses cookies to serve ads on our site. Google's use of the DART cookie enables it to serve ads to our users based on previous visits to our site and other sites on the Internet. Users may opt-out of the use of the DART cookie by visiting the Google Ad and Content Network privacy policy.

We have implemented the following:
We, along with third-party vendors such as Google use first-party cookies (such as the Google Analytics cookies) and third-party cookies (such as the DoubleClick cookie) or other third-party identifiers together to compile data regarding user interactions with ad impressions and other ad service functions as they relate to our website.

Opting out: Users can set preferences for how Google advertises to you using the Google Ad Settings page. Alternatively, you can opt out by visiting the Network Advertising Initiative Opt Out page or by using the Google Analytics Opt Out Browser add on.

California Online Privacy Protection Act

CalOPPA is the first state law in the nation to require commercial websites and online services to post a privacy policy. The law's reach stretches well beyond California to require any person or company in the United States (and conceivably the world) that operates websites collecting Personally Identifiable Information from California consumers to post a conspicuous privacy policy on its website stating exactly the information being collected and those individuals or companies with whom it is being shared. - See more at: http://consumercal.org/california-online-privacy-protection-act-caloppa/#sthash.0FdRbT51.dpuf

According to CalOPPA, we agree to the following: Users can visit our site anonymously. Once this privacy policy is created, we will add a link to it on our home page or as a minimum, on the first significant page after entering our website. Our Privacy Policy link includes the word 'Privacy' and can easily be found on the page specified above.

You will be notified of any Privacy Policy changes: Can change your personal information:
How does our site handle Do Not Track signals? We honor Do Not Track signals and Do Not Track, plant cookies, or use advertising when a Do Not Track (DNT) browser mechanism is in place.

Does our site allow third-party behavioral tracking? It's also important to note that we allow third-party behavioral tracking

COPPA (Children Online Privacy Protection Act)

When it comes to the collection of personal information from children under the age of 13 years old, the Children's Online Privacy Protection Act (COPPA) puts parents in control. The Federal Trade Commission, United States' consumer protection agency, enforces the COPPA Rule, which spells out what operators of websites and online services must do to protect children's privacy and safety online.

We do not specifically market to children under the age of 13 years old. Do we let third-parties, including ad networks or plug-ins collect PII from children under 13?


The CAN-SPAM Act is a law that sets the rules for commercial email, establishes requirements for commercial messages, gives recipients the right to have emails stopped from being sent to them, and spells out tough penalties for violations.

We collect your email address in order to:
To be in accordance with CANSPAM, we agree to the following:

If at any time you would like to unsubscribe from receiving future emails, you can email us at and we will promptly remove you from ALL correspondence.


Whilst every effort has been made by Bavarian Auto Gallery to accurately describe this vehicle, its' options and equipment, pricing, mileage, warranties and incentives; it is the customers responsibility to verify the information listed. You agree to hold Bavarian Auto Gallery harmless for misprints on prices or general information about this vehicle. By using our website you agree that Bavarian Auto Gallery has the right to cancel a sale or a promise of a sale if that sale is based on an incorrect price.

Pricing does not include government fees and taxes, state and/or local taxes, smog fees, any finance charges, any dealer document preparation charges, emission testing charge, registration or title fees. Depending on the age of the vehicle, normal wear and tear should be anticipated. Prices are subject to change without notice. While we do our best to describe our vehicles accurately, some descriptions and / or images provided by third parties may differ from the actual information or appearance of the vehicle. Bavarian Auto Gallery assumes no liability for omissions or errors in this vehicle listing and encourages prospective buyers to verify the information by contacting us or viewing the vehicle at our dealership. All finance offers are O.A.C (On Approved Credit) / O.A.D (On Approved Deposit).

Our payment calculator tool is provided as an estimator of your payments only and your actual payment may differ from that shown.