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post #10 of (permalink) Old 12-08-2008, 09:41 PM
robfromsc
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Join Date: Sep 2007
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Quote:
Originally Posted by sburns2421 View Post
To get back to oil. IMO drivers in the US have permanently changed their habits regarding the purchase of cars from here forward. After some period of time this financial crisis will have passed. Oil will be somewhere between $40-200/barrel, and gas $1.40-4.50. Doesn't really matter though.

The events of this summer, paying $100 to fill up your car because you were afraid next week it would be $120, leaves a lasting impact on people. SUV's are as good as dead (I know domestic sales are not suffering as bad as cars percentage-wise, but look at their insane incentives just to move iron). Full-size trucks will be bought by people that really need them. Smaller trucks with hybrid powerplants might be viable, but F-150's will be bought by contractors and farmers only.

Smaller cars will be the norm here, anything that gets less than 30 mpg will be considered a "gas guzzler". It wouldn't surprise me at all if 2007 ended up being the peak year for gasoline usage in the US for all time, regardless of prices in the future.

I am also of the opinion that for the forseeable future it will become somewhat fashionable to appear frugal in one's daily life. Maybe not to the level of sewing your own clothes or having a rooftop vegetable garden, but choosing ostentatious luxury items over sensible purchases will be heavily frowned on by societal "peer pressure". So people buy that Toyota Yaris rather than a IS300, even if they can afford the Lexus.

Would be interested in what anyone thinks of this theory.
no bout look at the rest of the world, how many people in the world us a Excursion to goto the store and get eggs? or drive a dually as a daily driver? either things will be fixed or they will kinda fix themselves. either way couldnt go one for ever:twocents

fast, cheap, reliable.... pick 2
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