Overhaulin'

Has the continuing rising gas prices made you feel apprehensive about buying a new car?

What I mean is, what if you go out and invest 30K into a new car, and then due to political instablity oil and gas prices go way up to unheard of amounts. Then it seems the resale value of your gasoline-powered car will nosedive. Everyone will be waiting for a new fuel technology to emerge and gas powered cars will sit. Ethanol is a bust so having an E-85 engine isn't much comfort. Am I simply getting caught up in all the media doom, or is this a worry that is shared by rational people?

Public Comments

1. The writing is on the wall. Eventually there will be fewer and fewer petrol powered cars. Probably not for a few years yet, as the technology is not good enough to have solar/electric vehicles travel for a long duration and quick refuel. Hydrogen powered cars will make more of a appearance in the near future once the government makes more refuelling stations available. Basically self powered cars that avoid government infrastructure will not be available as they cannot tax it (Make no money on it). If you are worried about a car, just buy a small one. You should win both ways. (Cheap fuel prices and it wont last long enough to become obsolete. Cheers
2. I share your worry! You should Google "Death of the SUV" by Mike Krumboltz. Or, better yet, here it is: "'The Death of the SUV' by Mike Krumboltz June 4, 2008 03:11:39 PM Dearly beloved. We gather here today to mourn the demise of the sport utility vehicle, or "SUV" as its friends liked to call it. The gas-guzzler lived a full life, driving in the fast lane from the 1990s to the mid-2000s. Alas, it fell ill a few years ago and never recovered. And really, we can't say the death came as a surprise. For years, folks complained about the environmental impact of low-mileage vehicles. Over time, those voices grew louder, but still the SUV fought on, proudly taking up two parking spaces and scaring hybrids from its lane. But then, gas prices soared and the SUV's vital signs plummeted. As much as people love large cars, the costs to keep fuel in the tank proved too much to take. As the New York Times reported, it now costs $100k to own and keep a similarly inefficient full size pickup running for five years. And so people pulled the plug on their trucks and SUVs, taking the beleaguered vehicles off life support and into the museum of dead car fads. U.S. News and World Report has written a thoughtful and compelling obit on the yuppie chariot. Read it and remember the SUV's positive qualities as well as its faults. It's what it would have wanted."
3. HAHAHAHAHAHAHAHA I laugh at all you's putz's that bought BIG SUV's have fun trying to sell them,again hahahahahahahhahahahahahaha