Will the value of our cars rise w/ oil prices?
#1
Race Car
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Gotta wonder if demand for the 968 and other 4 cyl/small engine volume Porsches will increase and cause the values to rise or if all gasoline vehicle values will fall as a result of higher prices at the pump...
#2
On the Radar
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#4
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This whole 4 cylinder thing can sometimes with a little misleading. My 325i, which is a 2.5 liter 6 cylinder gives better gas mileage than its 2.4 liter 4 cylinder japanese counterparts. 4 cylinder engines have to work harder to make the same power.
I did notice that people are more gentle with their throttle when they take off. I know I have changed by driving style to squeeze maximum gas mileage.
Raj
I did notice that people are more gentle with their throttle when they take off. I know I have changed by driving style to squeeze maximum gas mileage.
Raj
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#13
On the Radar
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But I do expect to start seeing lots of bigger SUV's at give away rock bottom prices.
Perhaps americans will regrasp the station wagon as their first choice for a family truckster.
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#14
Burning Brakes
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I tried saving gas in the 2.5l BMW by being gentle with the throttle.....it netted me less than 1 mpg. So, I'll probably go back to my normal brisk driving style.
I think inexpensive used 4 cylinder cars may go up in value a bit but cars like the 968 are luxery itmes , which people will proabably cut back on. This will probably offset the demand for a 4cly sports car. I get about 17 mpg in my 968 so its not all that impressive. On the cheaper end, say a early 90's Miata, you may see those go up.
Large SUV's are taking a big hit. I read their values have dropped more than 20% since January!
I think inexpensive used 4 cylinder cars may go up in value a bit but cars like the 968 are luxery itmes , which people will proabably cut back on. This will probably offset the demand for a 4cly sports car. I get about 17 mpg in my 968 so its not all that impressive. On the cheaper end, say a early 90's Miata, you may see those go up.
Large SUV's are taking a big hit. I read their values have dropped more than 20% since January!