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As a native southerner, I generally tend to defend the south against certain things, but what you mention here reminds me of why I can't live down there anymore.
Down there, you're not a 'real man' unless you drive something akin to a monster truck.
One of my vehicles is a thirsty old Tundra we use to pull an RV with. I like it better than other full-sizes, but I would NEVER own a full-size truck of any brand just for the way it rides, looks, feels, blah, blah, blah. They all sit up too high and are a pain to maneuver in everyday situations.
Where I'm at now in the upper midwest, the biggest, burliest dude at work drives a..... Honda Civic. A cool sporty new one, but nonetheless a Civic. Very few full-size anythings are in the parking lot, especially not trucks. Trucks are somewhat common here, but they're still outnumbered by cars and smaller crossovers by a good margin it seems.
Last time with these gas prices, small cars became popular even if for a hot minute.
Now we have electric and those will sell like hotcakes. Hybrids will do well also.
I don't see the popularity of those waning as much should the gas prices go back down because they do come in larger sizes (even in trucks and SUV's), not just Prius's or whatever.
The electric charging infrastructure will magically expand to accommodate those needs. I often question how well that's going to go, where all that electricity is going to come from, but where there's a will there's a way.
So yeah, people will still want them because that's what they tend to gravitate towards, but those bigger vehicles will need to be more efficient, which I imagine they will be.
Yeah, and it seems to be even worse with the younger crowd for some reason. And they drive them like race cars not understanding that they handle like crap. There's stories in the news all the time where they fail to handle a curve, and end up rolling over, or hitting a tree, etc... and those same ones usually won't wear a seatbelt.
Being in the market for a truck, I can tell you that the prices for new and used trucks are still nuts, and still seem to be increasing not decreasing.
Being in the market for a truck, I can tell you that the prices for new and used trucks are still nuts, and still seem to be increasing not decreasing.
Yeah so I think we can definitely say $4/gl hasn't affected people much in reducing their purchases. Maybe $6+/gl and a recession (which I think are both on the horizon) might do the trick. I'll be glad when my Tesla Cybertruck order is filled.
Average price this Sunday about 5.30 for regular. A bit lower at Costco but cars were backed up for a block trying to save a few cents. Energy Armageddon. Luckily I’m retired and don’t drive a lot.
Being in the market for a truck, I can tell you that the prices for new and used trucks are still nuts, and still seem to be increasing not decreasing.
Give it a few months at $4+.
Only been a week and we we’ve went up about 50 cent so most people are still in shock. Once most of the country is seeing $4.50+, $5 and some see $6+ — then we will start seeing panic selling.
When most of the country is $5+ and we see some posting $7+ as a sign of what could be ahead…that’s when the liquidation begins.
Higher than $5 nationally and that newer lifted truck, new 4Runner, new Bronco, Raptor, Tahoe, etc is going to cost you $20k+ less than it did over the last 2-3 years.
Only been a week and we we’ve went up about 50 cent so most people are still in shock. Once most of the country is seeing $4.50+, $5 and some see $6+ — then we will start seeing panic selling.
When most of the country is $5+ and we see some posting $7+ as a sign of what could be ahead…that’s when the liquidation begins.
Higher than $5 nationally and that newer lifted truck, new 4Runner, new Bronco, Raptor, Tahoe, etc is going to cost you $20k+ less than it did over the last 2-3 years.
So many of these big and ugly tanks will be for sale if will make heads spin once gas is $6+ a gal pal.
Good deal, i might be able to dump my '19 Ram and get into a Yukon XL Denali without having to spend a fortune.
I sold my 2020 Ram for $11K more than I paid for it new after driving for 18 months.
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