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emersonbiggins
Moderator
Joined: Jul 10, 2005
Posts: 5173
Location: Dallas
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 Posted: Tue Jun 10, 2008 8:15 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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| Drifter wrote: |
Now, auto makers will have to tell consumers they need a number of vehicles designed for specialized tasks – the SUV for the family vacation, the Mini or the Honda Fit for the slog to work, the luxury sedan for the night out with business associates. |
Hilarious. Auto makers think the solution is to build MORE cars, one for every task that a driver might conceive of, in fact, so each American can wind up owning a fleet of cars, rather than just one or two. The solution will always be LESS cars, not more.
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GeoJAP
Heavy Crude
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Joined: Feb 14, 2008
Posts: 295
Location: Texas
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| Posted: Tue Jun 10, 2008 8:33 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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| I'm glad I sold my Toyota Tundra (truck) and bought a Toyota Matrix (small compact) last year when I saw where things were headed. |
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eXpat
Light Sweet Crude
Joined: Jun 08, 2006
Posts: 1042
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| Posted: Tue Jun 10, 2008 8:40 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha
This is just starting, everywhere. I was watching last night a special program of Spanish Television and the cost of truckers to fill up their tanks is just crazy.
I would like to see the faces of this three stooges by the end of the year
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Stocking up on popcorn  |
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idiom
Intermediate Crude
Joined: Aug 23, 2004
Posts: 525
Location: New Zealand
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| Posted: Tue Jun 10, 2008 8:43 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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Top Gear gets to flame around tracks melting the crap out of electrics.
All the gear heads are going to become sparkies. |
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vision-master
Fusion
Joined: May 18, 2006
Posts: 4748
Location: Minneapolis, MN
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| Posted: Tue Jun 10, 2008 8:45 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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| Quote: | A three-year-old Chevy Tahoe that might have fetched $19,700 in September 2007, he says. Today, a three-year-old Tahoe might be worth $16,400 at trade-in.
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ha, ha try about $8,000. $16,400, no fricken way Ray. |
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joelcolorado
Intermediate Crude
Joined: May 25, 2008
Posts: 683
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| Posted: Tue Jun 10, 2008 9:08 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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| I dont feel sorry for anyone who bought them. THey sure flaunted them around when I was driving my small car and made fun of me for not having one. I can HAVE whatever I want to buy. I chose to NOT spend that much on a vehicle. |
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NeoPeasant
Light Sweet Crude
Joined: Oct 12, 2004
Posts: 1011
Location: In the suburban sea of strangers
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| Posted: Tue Jun 10, 2008 9:13 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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Lots of bug-out vehicle bargains await at the used car lots.
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The battle to preserve our lifestyle has already been lost. The battle to preserve our lives is just beginning. |
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lawnchair
Intermediate Crude
Joined: Oct 20, 2004
Posts: 787
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| Posted: Tue Jun 10, 2008 9:20 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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My truck ('93 V6 Dakota) only gets about 2,500 miles a year. Moving friends (pulling a trailer), hauling my rototiller (sideline biz), and occasional "car is in the shop" days. For the first two, a rear-wheel drive ladder-frame vehicle is a near-necessity.
At 2,500 miles a year, it is going to last a *very* long time.
The "commute in an F-150" era is over, but the trucks/SUVs we have will be around for a long while. Demand for new ones, though? Oughta be damn near zero. There's more than enough to go around.
I also expect there are going to be a lot fewer people pulling around travel trailers, boats, and show horses. So, a lot of demand destruction for "truck needs".
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At 1% annual growth, human bodies will incorporate every gram in the observable universe in approximately 10,170 years. |
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joelcolorado
Intermediate Crude
Joined: May 25, 2008
Posts: 683
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| Posted: Tue Jun 10, 2008 9:20 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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Its only a bargain if you can afford to fill the tank. HAH..
I think that the scrap yards will be overflowing with Trucks and SUV's that no one wants.
My friends all bought 4x4 , 4 door trucks with huge engines for just them and the wife. Plus have other SUV's etc. I dont have any sympathy for them. Who NEEDS that kind of car for two ppl. JUST IN CASE someone goes along? That is selfish and stupid.
I am laughing each time I fill up my little car.
jk |
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TommyJefferson
Light Sweet Crude
Joined: Aug 19, 2004
Posts: 1757
Location: Republic of Texas
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| Posted: Tue Jun 10, 2008 9:27 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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There is still way too much price resistance. I've been waiting a long time for this situation. I want my next truck. People are still asking too much for them.
Example: http://easttexas.craigslist.org/car/711464308.html
| Quote: | 2002 Toyota Tundra V8 4.7 Liter 4WD 157,000miles
Kelley Blue Book $11,595.00 |
No.
The time to buy is near. So close, just not quite.
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joeltrout
Light Sweet Crude
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Joined: Sep 19, 2007
Posts: 1317
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| Posted: Tue Jun 10, 2008 9:38 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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As a SUV owner myself and my wife also owns a SUV I feel the love....or lack thereof. 
If you guys are this excited about SUV extinction, I can't even imagine when peak oil takes place and you can "laugh" at everyone around you because you were ready. Most of you will be gleaming with excitement.
Not everyone is selling SUVs. My wifes drives a mid-size SUV but here next car will be a full-size SUV since we will probably have kids by then. My next vehicle either be another SUV or a pick-up. I am excited because dealer SUV prices might be cheaper. So I say bring on the SUV extinction as long as they save a couple for me and my wife.
joeltrout |
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yesplease
Fission
Joined: Oct 03, 2006
Posts: 2492
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| Posted: Tue Jun 10, 2008 10:05 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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| emersonbiggins wrote: | | Hilarious. Auto makers think the solution is to build MORE cars, one for every task that a driver might conceive of, in fact, so each American can wind up owning a fleet of cars, rather than just one or two. The solution will always be LESS cars, not more. |
Considering a vehicle's embodied energy is ~15% of the energy needed to run it over a scant ~120k mile lifetime, it makes sense to have different types from the POV of energy use, and can make sense financially depending on the vehicles/owner in question.
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jdmartin
Intermediate Crude
Joined: May 19, 2005
Posts: 812
Location: Merry Ol' USA
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| Posted: Tue Jun 10, 2008 10:11 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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I've got an SUV for 4x4/hauling duty, don't know what size it's considered - midsized? (Pathfinder). It does weekend duty, little car takes me back and forth to work. I'm personally glad to see the prices tanking, because I really would like to have a truck again (the SUV works but it's not as versatile) but I'm waiting until prices go way, way into the toilet bowl. If you need to buy one of these, you're almost in a good way.
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After fueling up their cars, Twyman says they bowed their heads and asked God for cheaper gas.There was no immediate answer, but he says other motorists joined in and the service station owner didn't run them off. |
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joelcolorado
Intermediate Crude
Joined: May 25, 2008
Posts: 683
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| Posted: Tue Jun 10, 2008 10:18 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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Its funny how we are. Just cant face the facts. We tend to tie a knot in the rope and attempt to hang on with all facts against us.
Yes a truck is nice. I wonder tho, if renting one from Home Depot for $19 is cheaper than owning when you need one. Just a thot.
Or have one for ten neighbors etc. Diff thinking than we are used too for sure. Just weird. Was just in jamaica and ppl there so so poor and yet they seem so happy. Not like here. We have it all and most ppl not happy still.
kk |
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emersonbiggins
Moderator
Joined: Jul 10, 2005
Posts: 5173
Location: Dallas
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| Posted: Tue Jun 10, 2008 10:25 am Post subject: Re: Demand for large SUV's has collapsed; owners can't sell |
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| yesplease wrote: | | emersonbiggins wrote: | | Hilarious. Auto makers think the solution is to build MORE cars, one for every task that a driver might conceive of, in fact, so each American can wind up owning a fleet of cars, rather than just one or two. The solution will always be LESS cars, not more. |
Considering a vehicle's embodied energy is ~15% of the energy needed to run it over a scant ~120k mile lifetime, it makes sense to have different types from the POV of energy use, and can make sense financially depending on the vehicles/owner in question. |
Expand the analysis to costs of insuring, maintaining, registering and paying taxes on a vehicle that is used infrequently (a convertible, for instance), and I'm almost sure the person will always be better off renting that specific type of vehicle for whatever period of time they might need such a vehicle.
The umbrage that I take with this issue is that it is posited as a means of mitigating high gas prices for middle-class consumers. It's a short-term "fix" (if you can call it that) to a fundamental long-term problem. Adding a subcompact to 2 full-size SUVs makes less sense than trading one of them for the car, simply for the reason that the SUV market is dead, never to come back again.
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"It's called the American Dream because you'd have to be asleep to believe it."
George Carlin |
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