Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Automotive News & Views How does gas at $4 and higher impact you?
2175 messages, Last post on Nov 05, 2009 at 3:05 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
|
|
|---|---|
|
I was reviewing my family finances today and I got quite a shock. The price rise for the 6 months ending around November cost me an additional $2000 for fuel related spending, Combine this with an equal amount of prices hikes for all other items it totaled about $4000 more out of my pocket this year. Now for you rich folks $4K is probably nothing but for me it really has made things more difficult. I still have money for food and other basics but there is very little cushion for unexpected expenses which have a way of popping up. I live a very frugal life-style and I'm now closer to the edge than I've been in a long time. I worry that there are many other folks out there who were less frugal or who had less to begin with. If gas goes back to $4 or gets pushed higher by well meaning conservation taxes we may see some real "Grapes of Wrath" stuff.  Have a Happy New Year. DOLLAR GAS FOR 2009! 
|
|
|
Replying to: oldfarmer50 (Dec 31, 2008 4:05 pm) I do hope 2009 is better than 2008 for you. I don't know if we can get gas to a buck a gallon. Maybe some of the less greedy states. If we can keep it under $2 we will be in better shape at the end of 2009 than we are today. If we can just keep the Eco terrorist out of power in our state and federal government there is a chance for recovery. CA is so far gone there is little hope here. Several cities are bankrupt with more on the way along with the state Government. They have all squandered the wealth of our Nation. Too bad they do not know what the word FRUGAL means. |
|
|
|
|
The news reported this morning that despite the price of gas spiralling down into the basement the last 3 months, Americans STILL used 6.1% less of it during that quarter than the same quarter in 2007. Since the nationwide rise in gasoline consumption during the 20 years before that was a reliable 3-4% per year, that effectively represents close to a 10% reduction in use. Americans are learning. While demand remains low and sinking, I think $4 gas is a way off. |
|
|
I hope for many things this year. 1. Gas stays under $2 so I can enjoy using my 16 mpg Silverado 2. My company stock goes up a 20 percent in the next month 3. House prices stabilize 4. Home Insurance becomes reasonable 5. Colts beat Chargers Saturday night |
|
|
Replying to: nippononly (Jan 01, 2009 12:54 pm) Yeah, because the ones who were laid off aren't driving to work now.
|
|
|
|
|
Replying to: nippononly (Jan 01, 2009 12:54 pm) I also hear that some dopes are back to buying SUVs as sales have taken a bounce. What are they thinking? Now that the gas hysteria has subsided is the time to buy those hybrids and 4-cyl, gas sippers. Buy the SUVs when gas is $4 and save a fortune. Some people would rather be blown by the wind than use their heads.
|
|
|
Replying to: oldfarmer50 (Jan 01, 2009 3:06 pm)
|
|
|
Replying to: boaz47 (Jan 01, 2009 4:16 pm)
|
|
|
Replying to: gagrice (Jan 01, 2009 5:06 pm) 
|
|
|
An '09 Impala can now be had for $17600 but maybe for not much longer. I think they squeeze 29 mpg hwy from the 211 HP V6. With my rebates, my price would be thousands lower. Since I drive 7000 miles a year max on any car and would probably avg 27 mpg with an Impala, my gas savings with a 48 mpg Prius instead would be 2.2 gallons a week. If I drove 14k miles a year, double the savings to 4.4 gallons a week. Give up so much convenience for so little? In comparison, I now save 100 gallons a month because I moved, and that netted a gain in convenience in many ways. Buying a Prius would be as much of a knee jerk reaction to 3 months ago's gas prices as buying a 6 liter suv would be one today to $1.59 gas. 27 mpg avg is an 'all things in moderation' choice. I don't see US prosperity coming back if gas goes back up to even $3 or if we all keep buying the more expensive Asian gas sippers. |
|
You are here:
Forums
Automotive News & Views How does gas at $4 and higher impact you?
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
