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Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,585 posts, read 81,186,228 times
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Gas has dropped to the $3.75 range again, when it spikes such as for the July 4 Holiday weekend people expect it to go down again and it does. There are also still plenty of people that can afford $4 gas and find t worth the expense for the size and power. We traded in our 14 mpg SUV for a 2014 Escape but have a truck to tow and the kids are all grown and on their own now.
It doesn't seem to effect texas. Almost every family here has a big ol truck. Including myself. Gas is high but still gota haul that boat to the water.
Bring it on. I'd love to score a dirt-cheap preowned Cayenne Turbo or Range Rover Sport. My commute in the US is three miles each way, who cares about gas mileage.
There's 20 turbo's in the country on autotrader for less then $17k with cheapest for $12k, I might pick one up for my winter beater this fall!
Gas would have to get mighty expensive for me to get rid of my Jeep. I prefer sitting high up and I want the space. I ride a motorcycle for half the year anyway, so I couldn't care less about gas mileage.
buying for just current need when you can afford a bit more is silly. How often do you buy cars, especially knowing you're starting a family and realize you can't spend tens of thousands of $ again anytime soon? You go a bit bigger if you're comfortable spending the money.
I often wonder how expensive it would have to get.
My Cooper S only averages about 22 MPG and I could do about the same or better in a pickup
Not if you drove the pickup like you drive your Cooper S. Your pickup would get 15 MPG driven like that. That's what F150 Ecoboost owners are getting except on the highway.
There's 20 turbo's in the country on autotrader for less then $17k with cheapest for $12k, I might pick one up for my winter beater this fall!
Cayennes have poor resale value. If you have the stomach for the maintenance they are cheap used. There is a good chance that the previous owner was a fake blonde plastic surgery queen.
Usually anytime over 4.50 people start dumping. When it gets close to $5 people really want to unload. Lots of big SUVs sit unless they are just given away
I can't see people dumping the vehicle of their choice because it might cost $5 - $10 more to fill them up.
At ~12k miles/yr and comparing ~20 mpg to ~14 mpg, it's about a $grand per year diff, supposing gas is $4.
I realize that comparo is arbitrary...But unless one is on the edge of being broke I don't see the impact or impetus to sell one's lower mpg car, probably running OK and maybe paid for, for a new $20-$40G car, ensuing payments, etc.
Add in the lessee customer, or the very casual driver, or us Retired Bums that like cars/m'cycles, and it is even less of a hurdle, imo.
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