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GM SUV sales in freefall...........
06-04-2008, 11:03 AM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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GM SUV sales in freefall...........
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06-04-2008, 11:27 AM
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#2
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Full time employment: Posting here.
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I'm amazed they're even still that high. The hybrid trucks and SUVs that still only see 25-28 mpg on average aren't going to help much, I would think.
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06-04-2008, 11:34 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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Quote:
Originally Posted by RetiredGypsy
I'm amazed they're even still that high. The hybrid trucks and SUVs that still only see 25-28 mpg on average aren't going to help much, I would think.
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Hey, if a 4WD Tahoe could get 28 mpg, the sales would be through the roof..........
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Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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06-04-2008, 11:45 AM
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#4
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Full time employment: Posting here.
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It's about time.
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06-04-2008, 11:50 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Jul 2005
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Gotta be some great bargains right now
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06-04-2008, 12:02 PM
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#6
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Full time employment: Posting here.
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It would make soccer moms feel safe and let them think they were still being green to the environment. I'm scared now.
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06-04-2008, 12:05 PM
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#7
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Full time employment: Posting here.
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Big trucks and SUV's have become a rolling joke and the people driving them viewed as fools who never saw the writing on the wall until it was too late $4 a gallon baby,fill her up
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06-04-2008, 12:42 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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I don't think we're doing much better.........DW drives a minivan. However, we average around 20mpg with mixed driving, and it is nice for family trips and when we are out with another couple and stuff like that.......
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Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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06-04-2008, 12:44 PM
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#9
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Moderator Emeritus
Join Date: Dec 2005
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From this article in the Arizona Republic.
Quote:
Debbie Gilmartin has a major dilemma with the huge Hummer H2 parked in her driveway.
She can't afford to drive it, with a lengthy commute from central Phoenix to Chandler every day, as well as shuttling people around in her sideline real-estate business.
But she can't afford the more-than $10,000 loss if she trades it in.
And nobody wants to buy a vehicle that averages less than 10 miles per gallon.
"I'm between a rock and a hard place," Gilmartin said. "Financially, it's killing me with gas prices and everything. I can't sell it. I can't trade it in. I don't know what I'm going to do with it."
She owes more than $40,000 on the 2-year-old vehicle, but dealers are only offering her $30,000 in trade.
"It would be like $10,000 negative equity," she said.
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Well, at least she understands the numbers.
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06-04-2008, 01:10 PM
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#10
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Gone but not forgotten
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06-04-2008, 01:20 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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I just bought a motorcycle to save money on gas.
Yeah, right.... ...
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There's no need to complicate, our time is short..
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06-04-2008, 01:22 PM
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#12
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Thinks s/he gets paid by the post
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06-04-2008, 01:44 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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06-04-2008, 02:41 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 2,360
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Quote:
Originally Posted by Danny
Gotta be some great bargains right now
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Just like there are on gas-guzzling Boeing 707s, and other turbojet dinosaurs.
Quote:
Originally Posted by FinanceDude
Why not take the $10,000 loss and get out? $30,000 is a GIFT from that dealer
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You are so right! Waiting is only going to make the situation worse, as her monstrosity ages and gasoline costs continue to increase.
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"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
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06-04-2008, 04:43 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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Heck... some people just don't care...
I bought an Explorer from my sister after my BIL died... it gets about 17 to 18 mpg.... but I get 17 mpg from my 95 Monte Carlo... so to me it is a wash.... and the Explorer has a lot more room with a third row and I am about to have a family....
SO, I would rather pay the extra $30 or so PER MONTH with the higher gas cost instead of trying to go to a small Corolla or the Hyundai that is that size....
When you do not drive that much.. the higher cost per gallon just does not make much difference...
NOW, saying that... the guy who lived next door has a brother who was paying $150 per week to fill up his F-150... went and bought a cheap Corolla and said the cost of the car and the gas is cheaper than just his gas was...
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06-04-2008, 05:32 PM
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#16
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Quote:
Originally Posted by bbbamI
I just bought a motorcycle to save money on gas.
Yeah, right.... ...
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I have a motorcycle and do save on gas.
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06-04-2008, 06:04 PM
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#17
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I'm with you Tex.
I look at the overall cost of operation and figure how painful it is, even at $4/gal a long trip driving in a full size truck isn't that painful, for me.
DW and I make a trip to see her mother every 8-10 months. It's exactly 1000 miles round trip. I did a little investigating into what the trip would cost if we took (just for grins) a Greyhound bus. Two senior fares and one of them at the -50% companion rate added up to $283 round trip. Regular fare without the senior discount is about $294 for two and a single fare round trip is $196.
If we drive DW's car, a 1992 Crown Victoria that gets a good honest 24+ mpg on the highway, total fuel cost for the trip is about $166. If we drive my 1998 F150 that will get 19 mpg on the highway total fuel costs are around $222. That boils down to about $8+/hour to drive the car and $11+/hour to drive the truck.
I've been making this trip for almost 36 years and I've done it in everything from a VW bug, that got 32 mpg to a '64 Caddy convertible that got 11 mpg . For my money, out on the open road, I'll take the smooth ride of the big car any day.
Around town we don't use enough gas to get too hyper about the price. I filled up my truck on May 7 and I still have 5/8 of a tank left. My last tank full lasted me 48 days (21 gal). DW's car will probably need a fill up in August or maybe September at the rate she uses it.
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06-04-2008, 07:11 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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GM has announced the closing of 4 assembly plants, including the Morraine plant near me in Dayton. They make trucks/SUVs. A lot of folks are going to be out of work--very sad. Unreasonable labor leaders, unreasonable worker demands, unimaginative GM leadership and products, complacent engineers, crappy subcomponents, and "the-customer-is-an-idiot" attitude all contribute to the demise of the the US auto industry.
Meanwhile, in March 2008, Toyota announced their sales had increased 9.8% over the previous year's numbers, and net earnings rose 4.5%. . . and that was a "disappointment."
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06-04-2008, 07:26 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Dec 2007
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Darn. I dont want to replace my vehicle for at least 2 more years. Hmm maybe hybrid SUV's will be the craze then.. Ill need more room but get over 30 mpg ..
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06-04-2008, 07:38 PM
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#20
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Quote:
Originally Posted by samclem
Meanwhile, in March 2008, Toyota announced their sales had increased 9.8% over the previous year's numbers, and net earnings rose 4.5%. . . and that was a "disappointment."
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But the Toyota truck and SUV sales took an 8% hit.
SUV and Truck Sales Plunge - washingtonpost.com
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