Continued
Of all the respondents, 67% of them confirmed a high-level of interest in having a navigation system installed in their vehicles. But when it was revealed that a typical GPS system goes for around $1,600 a pop, the number drastically fell to 20%.
Likewise, Powers discovered that customers are highly interested in having an MP3 player installed on their cars – provided, of course, that it doesn’t exceed their budget.
Out of all the respondents, 65% said that they prefer and enjoy the ability to listen to their " favorite sounds while they’re on the road. On the other hand, 27% of the respondents prefer having a “smart phone" music connectivity over the MP3 feature.
Regardless of what customers want, they’ll only shell out the type of money they deem as necessary and they’ll likely pass on any feature that had a price tag of more than what they can afford.
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