Owners try to unload Guzzlers

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Originally Posted By: VeeDubb
Perhaps we will begin to see a trend where people "walk away" from their SUVs


Sadly, I suspect that we will see a lot of folks walking away from their SUVs -- right after igniting the oily rag hanging from the fuel filler opening. Or maybe running. . .
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CLG - I know your pain...

We lived in DC for a while and I had a 90 mile/day round commute. Even at 24 mpg, when gas hit $2/gal, it really hurt. It took time to pay off the car and then that helped. Problem with trading back in was they paid low dollar because their resale wouldn't be as good either.

WavinW. As for sitting up high, when I drove a subaru and 70% of the cars out there were trucks, suvs or minivans, visibility was nill and it seemed like every other driver was more likely to aggressively tailgate. As much as I liked the car, driving was a tense experience and only getting into a taller vehicle with equal-to-theirs visibility helped make commuting more comfortable.

That said, if everyone starts moving back towards lower vehicles, then the lower vehicles won't be as unpleasant to spend time in. Seems like that's starting to happen.

M
 
Originally Posted By: VeeDubb
Perhaps we will begin to see a trend where people "walk away" from their SUVs


And now, a serious reply to this comment. Acutally, some may choose to do this, especially if they're not particularly worried about their credit. The problem will be that the creditor will, in most places, be entitled to a "deficiency judgment" reflecting the difference between what the creditor was able to sell the repo SUV for, and what was owed on the loan. For some, this may be the easy way out. Personally, I'd be working my butt off to sell an SUV for whatever I could get for it (if I had one and wanted to be rid of it). Dang, I'm glad my wife saw the light back in 06 and let me unload the Sequoia... If only I could have convinced her to go for the hybrid Camry instead of the Avalon!
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Originally Posted By: ekpolk

Now all this said, if the SUV/Pickup market nosedives to the point that these mastadons become nearly/effectively worthless, I might grab myself a basic used one for weekend chores and the occasional dirty job, otherwise leaving it parked at the curb. We'll see.


We took advantage of that a few months ago when we bought a Suburban to tow the gf's horses with. The thing gets disgusting mileage but it doesn't really matter because it doesn't get driven much. If she hadn't had reason to get it when we did we probably could've saved even more waiting another few months but as it stands we still got a lot of car for not a lot of money.

I do feel a little bad for those with reasons to drive a big vehicle though.
 
I would say what I think of people who think it's OK for them to try to game the system like that but due to the censoring software I don't think anyone would be able to understand what I was saying.
 
Originally Posted By: rationull
I would say what I think of people who think it's OK for them to try to game the system like that but due to the censoring software I don't think anyone would be able to understand what I was saying.


'nuff said. I understand perfectly already.
 
For those of us with an older car (not SUV, car) that's been paid off for a while but not the most efficient, it's not terribly worthwhile to buy a newer car just to save at each fillup. And with a used car, you have to factor in updating the maintenance to the purchase cost also.
 
They will get my Interceptor when they pry it from my empty wallet!

My "guzzler" is all paid for(2000.00 purchase, 1000 work and addons) so 3,000.00. I have no car payment, under 80 a month to insure it(liability and comp). It gets like 18mpg combined when I am easy on her. Like 16 if I get punchy and run the AC on max. I do like 160miles a week during school. So I am not too bad off. I have never complained about gas prices...I DID buy a 4.6L V8 afterall and she weighs 4000 without me in her.

When I actually get more money coming in I will buy another newer Interceptor. I ride along unless I am taking a family member somewhere or driving with my girlfriend. I dont NEED all the room I suppose. But I like the feel of the car and how it drives. I value that over driving a small 4 banger again.

I value a better driving experience(IMO) over saving 3.00 a week at the fuel pump.
 
Just yesterday I saw a gas guzzling pickup with big off road tires blow by me doing at least 80mph. Big pickups and suv's speed more than any other vehicles on the highways here Ive found. You'd think they'd be the first to slow down saving gas yet they are the last on the highways here to slow down when everyone else has.
 
Originally Posted By: psudaytona


I value a better driving experience(IMO) over saving 3.00 a week at the fuel pump.


You do realize that $3.00 only buys you about 3/4 of a gallon of gas now right?
 
I get annoyed when I see this too but honestly it kind of makes sense. If they cared about mileage at all they'd probably be driving something different, so if it's gonna suck down gas anyway why not just drive fast? I'm talking more about the stereotypical lifted truck w/ offroad tires and not a speck of dirt on it.
 
Originally Posted By: psudaytona
... I do like 160miles a week during school. So I am not too bad off.
...
I value a better driving experience(IMO) over saving 3.00 a week at the fuel pump.


You're not a math major, are you?
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Hint: at your miles per week, if you had a Prius instead of a CVIP, you'd be saving about $17 per week at today's prices, not a mere $3. I have some DAYS where I have to drive almost 160 miles, so do the math on my savings (my old G35 burned about as much gas as your CVIP). Every once in a while, I wish the Prius had a little more go, but for the most part, I find nothing at all about its "driving experience" that's inferior to that of a chubby SUV or big car.
 
I'm sorry, but anyone who says that $4 is "through the roof" hasn't left their own little hole to realize what everyone else in the world is paying. Last month gas was $4 a gallon, without the road tax here in Japan. They reinstated it May 1st, and we are back to $4.50-80 a gallon
 
Shaman, a few years ago you were probably paying several times what we are, now it is only a fraction more.

Still, it is more. And I gather that much of the world is paying far more still.

However, our entire culture and much of our economy has evolved in the presence of cheap gas and now that it is much less cheap, it is a major shock to the system.

Another thing to consider is that because of changes in exchange rates, we are paying more on a PPP (purchase price parity) basis relative to other parts of the world than we were before. Them's those chickens coming home to roost, as they say.

Not that there aren't some silver linings. We can no longer afford to completely disregard fuel efficiency, and that is bound to cause changes which will be beneficial in the long run.
 
It’s gone up about 40 yen per liter, times 3.785412 is about 150 yen in 3 years. Not that much different than America if I remember right. Was 2something when I left. It’s at 5.22 for the cheapest gas station in the city, and probably $5.66 for the normal price. As far as the exchange rate, I am glad that it is in fluctuation. I just watch it so I can decide when to send money home. Unfortunately, I sent money at 105, a week before it dropped to the double digits. Lost about $50 on that transaction. Yes, it does affect the money I have there in the states, but I think that the US needs a nice slap in the face so that they can change, and catch up with the rest of the world. When the Excursion driving mother of one (my ex-boss’ wife) realizes that she can pay the bills, or fill up the tank, after paying the $700 a month car payment, then they will realize that the world is changing, and so should they.
 
I like how in the article the 20 year old kid says "I'll get a cheap corolla or camry" dude, can't afford to buy gas for his new 4runner. he's bumming off rides of his friends. sounds like he needs to be in a beater instead of buying new "cheap corolla or camry"
 
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Originally Posted By: KrisZ
"Lowell, bought a 2007 Toyota 4Runner SUV for $32,000 when it cost about $65 to fill the tank. Six months later, as a gallon of gas soared to $3.50 and more, and tank refills climbed over $80, Nizami put the vehicle up for sale. He posted it online for $27,000 but received no responses for months"

People like that deserve to be punished and I have no sympathy for their short sightedness. Every article and every news station is saying that the gas prices will not come down any time soon, and that it will go up even further.

It seems that a lot of people base their car purchase on todays gas prices, they don't consider the future, thats why they all seem suprised when they get hit like that.


ditto

However look at his age - 20. He is just a kid who made a dumb mistake and whose parents didn't advise him properly.
I know a kid on our block who is hard working, not rich, working a simple retail job just to pay for gas. His parents helped him get a pickup. They do some work like snow clearing, so they are used to using pickups all the time. So they have some justification.

However the kid getting his own pickup (3rd in the family) was over the top. On top of gas now insurance is also killing him. Now that he is paying for gas and insurance he understands financial side *MUCH BETTER*.

So I think some kids like in this example still get sucked into the marketing hype. The parents ought to be advising them against it, but seems not always.
 
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