Wall Street Breakfast: Must-Know News [View article]
The fact is most consumers aren't as rational as you when it comes to buying a car. Once gas is $4 again, which will happen quickly, they will flock to fuel efficient vehicles in droves.
Last summer you had people taking $10-20K losses on big SUV's so they could buy an Accord, not considering that their approach would not pay for itself within YEARS.
On May 19 09:42 AM sidestick wrote:
> The article mentioned the increased cost of a car as $1300 by 2016. > Will the savings in gas offset that $1300? Or will you pay even less > for car and gas combined, thus making the more fuel efficient car > less expensive over a lifetime than a car that only gets 20 mpg? > How about some real comparisons, please?
Wall Street Breakfast: Must-Know News [View article]
Last summer you had people taking $10-20K losses on big SUV's so they could buy an Accord, not considering that their approach would not pay for itself within YEARS.
On May 19 09:42 AM sidestick wrote:
> The article mentioned the increased cost of a car as $1300 by 2016.
> Will the savings in gas offset that $1300? Or will you pay even less
> for car and gas combined, thus making the more fuel efficient car
> less expensive over a lifetime than a car that only gets 20 mpg?
> How about some real comparisons, please?