Uber may encourage delay in car purchases, survey finds

Uber may encourage delay in car purchases, survey finds

A new survey from CNBC found that nearly one-fourth of consumers who had used Uber car services in the past six months are delaying or holding off on buying a new car because they use Uber. The survey was conducted by Magid Advisors.

Uber is like a –Mack truck just rolling down the street gaining speed,” said Magid Advisors President Mike Vorhaus on CNBCês –Fast Money.” He expects that the car sharing serviceês success will eventually affect auto sales.

Of course, Uber drivers also buy cars. A Toyota dealership in Texas even offers discounts to Uber drivers buying a new car.