Geo Metro - Bubble in Used Metro Prices

Bubble in Used Metro Prices

The Metro enjoyed increased interest as a used car in 2008, by virtue of its fuel mileage and rising fuel costs .

"As gas prices spike and consumers increasingly look for ways to get to work more efficiently, heavy media coverage has spurred interest in one particular old car: the Geo Metro."

US News, 2008

Partially because of the renewed interest in the Metro, the July 2009 issue of Car and Driver included a base model 1998 Chevrolet Metro 3-door hatchback among vehicles tested for fuel efficiency alongside two hybrid models: the redesigned Honda Insight and Toyota Prius models. While Car and Driver did jokingly ridicule the age of the car, lack of amenities (The Metro actually lost seven points from its overall score for lack of amenities.), and mentioning that it was originally sold brand-new without hubcaps, the Metro did tie the Prius for best overall fuel economy at 18 km per litre (42 MPG). The vehicle finished third overall behind the Insight and Prius.

Read more about this topic:  Geo Metro

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