It is September 2nd just one week after Hurricane Harvey made landfall and already fuel prices are on the move upward but don’t expect this to have any effect of larger vehicle sales.

The mainstream thought among automotive retailers has always been that an expected or realized increase in fuel prices will have a negative effect on larger vehicle sales, just how much is usually determined by the length of time prices remain high. However, Hurricane Harvey didn’t cause flooding in Virginia or Massachusetts, it caused flooding in Texas. It will be safe to assume that many of the vehicles replaced, both privately owned and commercial will be trucks and SUV’s. Also worth assuming is that car dealerships and rental agencies in Texas stock more large vehicles on average which means that’s what they will be replacing on their flooded lots.

Demand will surely be high for vehicles as Texans get back on their feet (If Texans ever are off their feet that is) and because they’re Texans expect demand for large vehicles to actually increase along side fuel prices.

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