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Are gas prices fueling your pain? ![]()

10042 messages, Last post on Jul 12, 2008 at 3:07 PM
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Replying to: lemko (Jun 12, 2008 10:04 am) Also, these are the new, down-rated numbers...the same ones that would sink your DTS to 15/22, or your Park Ave to 17/26. That 20/22 probably equated to around 22/24 under the old ratings, while the 16/24 was probably more like 18/27. Still, that's an awful lot of money for a car! |
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Replying to: lemko (Jun 12, 2008 10:04 am) As far as I know the S-class (S400) hybrid diesel is still on the books for 2010 or so...but it will actually produce some mileage. |
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I saw a car today, a gas hog type that people buy to show others that they've arrived... with the license plate "I see you seen me" spelled out phonetically. I guess that makes them feel even better about themselves. Too bad they're wasting so much fuel. No, it wasn't a hybrid. |
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I've biked 3 of the 4 days this week to work, which is 3.9 miles each way. The day I didn't bike was 95+F w/high humidity, and I needed to pick-up a gal. of milk. Here's my report so far. - I ride 75% of it on the sidewalk, though in some spots - across 1 small bridge there is no sidewalk or road, besides the 2 lanes; and in downtown the sidewalk is crowded and illegal for riding. - My main concern is when I'm on the narrow road parts; I had a large dump-truck come with 1'-2' yesterday, of side-swiping me. - A little rain or condensation makes the seat wet everyday. I live in an apt. complex now and its's a hassle trying to get the bike thru the security doors everynight, so outside it stays. - Since I have no cup-holder, I don't take my coffee. I end up buying it at work. Also since I have to leave 15 min. earlier, I cut the coffee-making from my schedule. So that cuts into my savings. So in summary: I estimate I saved $6 in gas, spent $2 of it on coffee, got some exercise, and spent about an extra 1/2 hr commuting per day. A mixed bag. If there was a pop-up thunderstorm late in the afternoon that trapped me here at work, I don't think it would be all that positive. Oh, and I have a few extra leg aches and pains. We'll see if they go away in time. But since my car depreciates whether driven ($10/day), the insurance is the same ($2/day), and the other fees ($1/day) don't go away, I'm not really saving that much.
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I've put together something people can use to measure their pain at the pump. The first step is to take how much you spend in fuel per month and divide it by your net income per month after taxes. A person(s) making $3,000 a month and spending $150 on petrol would have a pain index of 0.05 or 5%. So where do you fit in the pain index? 0 to 2.5% - Little or no pain, unless you are in debt up to your eyeballs. 2.5% to 5% - Minor irritation. Most folks should fall in this area. You are watching gasoline prices but the cost is manageable . Your next vehicle should probably be a bit more fuel efficient, however. 5% to 10% - Uncomfortable to very uncomfortable. You probably should be thinking about a more efficient car sooner rather than later. 10% to 15% - Severe pain. Unless you live with your mom or drive a company car you really should sit down and look at your options. 15% plus - This is kidney stone kind of pain. Immediate surgery is needed. This pain index is just a rough estimate. A lot depends on how expensive it is where you live, your debt load, size of your family and so on. Adjustments would also be needed for people with very low incomes or very high incomes. We fall in the 2.5% to 5% range so things are still not having a big impact.
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Replying to: avalon02wh (Jun 12, 2008 11:24 am)
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Replying to: texases (Jun 12, 2008 6:28 am) |
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Replying to: kernick (Jun 12, 2008 11:23 am) Lucky for him. The paperwork would have been murder. I would get an electric car before I'd do the bike thing in our town. http://www.gemcar.com/ "Since I have no cup-holder, I don't take my coffee. " They make thirst aid helmets, beer hats and booze belts just for that kind of situation. Just make sure it is non-alcoholic beer or booze. |
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Surprise, surprise... gas prices have been coming up at the chats lately. It's Thursday and that means time again for the longest running chat here in CarSpace, the Subaru Crew! The chat opens at 8:45 pm ET and runs until 10 pm ET. I hope you're able to join us tonight for another enjoyable evening with members of the Crew! See you there! |
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Replying to: avalon02wh (Jun 12, 2008 11:24 am) However, I am lucky in that I do a lot of discretionary driving. My initial response to escalating gas prices was to trade cars which saved me close to 50% in gas costs, and the gas hasn't doubled since then, although we are nearing that point. Bottom line is, I will be able to cut back driving if I find myself really needing to save gas money. I won't like it, but I can do it easily, thank goodness.
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Are gas prices fueling your pain? ![]()