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I'm still teying to figure out how dealerships keep their doors open with out having new vehicles on the lot to sell and no cars in the service dept.
I think the manufacturers and dealers have figured out that keeping no inventory means lower insurance rates…and far fewer sales people to pay. Just go in and put your order in…they build the vehicle and the salesperson will call when it arrives. It also helps that lower inventory means selling cars for MSRP and above. My local Toyota dealer is adding $2,000 worth of high profit stuff to new cars (paint sealant, scotchguard, service plans, etc).
When will gasoline prices move to $4.00/gal in southern California?
I can hardly wait!
We could definitely use a price reduction like that, down from the current $4.75/gal. where I live. It's been over $4.00/gal for more than a year now.
AAA reports the following for the entire State of California for regular gas
Current Avg. $4.827 - highest recorded price ever for the state
Yesterday Avg. $4.820
Week Ago Avg. $4.741
Month Ago Avg. $4.637
Year Ago Avg. $3.681
AAA reports the following for the LA metro area for regular gas
Current Avg. $4.886
Yesterday Avg. $4.879
Week Ago Avg. $4.788
Month Ago Avg. $4.667
Year Ago Avg. $3.745
The EIA also reports that the Average Price of Electricity to Ultimate Customers for California Residential users for December 2021 is the highest of any continental state except Massachusetts and Rhode Island. California is even higher than Alaska.
Hawaii always has the by far the highest rate in the country as they don't burn any coal nor do they have any nuclear power. They have almost no natural gas and are forced to rely on oil which is the most expensive fuel for electrical generation.
Like they used to say in WWII, right now California is FUBAR (Fouled up beyond all recognition)
With gas closing in on $4 — will people still want trucks/SUVs?
When will gasoline prices move to $4.00/gal in southern California?
I can hardly wait!
We could definitely use a price reduction like that, down from the current $4.75/gal. where I live. It's been over $4.00/gal for more than a year now.
I think you guys are a little more used to seeing something starting with a 4….once y’all see everything starting with a $5.xx and everybody else sees $4.xx — that’s when the whole country will probably start freaking out.
Americans wont. We will hold on to our lifted, offroad tire shod (yet spotless clean and never been off road)gas guzzling beasts until the bitter end I'm sure.
I think you guys are a little more used to seeing something starting with a 4….once y’all see everything starting with a $5.xx and everybody else sees $4.xx — that’s when the whole country will probably start freaking out.
We are pretty close to that point today in parts of California. CA is setting records while for most of the country the highest prices ever recorded were in July of 2008
Current Avg. in San Francisco
$4.952 Regular
$5.274 Premium
Current Avg. in Honolulu
$4.463 Regular
$4.967 Premium
Current Avg. in Houston
$3.211 Regular
$3.849 Premium
Americans wont. We will hold on to our lifted, offroad tire shod (yet spotless clean and never been off road)gas guzzling beasts until the bitter end I'm sure.
I spotted a few driving like grandma's a few days ago. Below speed limit and as passive as could be. I Couldn't believe it. Normally, they're the worst drivers on the road. selfishly, I hope prices keep going up, so that maybe we'll have less of them on the road. So annoying and polluting.
I spotted a few driving like grandma's a few days ago. Below speed limit and as passive as could be. I Couldn't believe it. Normally, they're the worst drivers on the road. selfishly, I hope prices keep going up, so that maybe we'll have less of them on the road. So annoying and polluting.
Plenty of people were trying to get out of trucks and large SUVs in 2009. The dealerships were beating them up bad on trade ins. I remember hearing plenty of stories about people saying they didn’t really need a truck and just wanted something fuel efficient to drive to work.
Plenty of people were trying to get out of trucks and large SUVs in 2009. The dealerships were beating them up bad on trade ins. I remember hearing plenty of stories about people saying they didn’t really need a truck and just wanted something fuel efficient to drive to work.
Which they don't need to do now since everyone is "working from home" (or the bar. Whatever).
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