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Mr. Big Dog

U.S. consumer sentiment at more than seven-year high

By Mr. Big Dog in Current Events and Hot Social Topics

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DavenRoxy Experienced

DavenRoxy   1,073

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Filed: Lift. Cond. (apr) Country: Philippines
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I didn't say you shouldn't pay attention, but obviously when gas goes back to $4+/gallon - as it will eventually - you will not sell your truck because you can no longer afford it.

Anyone who buys a gas guzzler couldn't care less about the price of gas.

I will buy gas when it's $7 a gallon because I prefer to drive over walking. Won't have much choice.

But I also realize that buying a new car because it gets better gas mileage takes a LONG time before I realize the cost benefit...

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Merle
Merle
DavenRoxy
DavenRoxy

Gas prices will continue to drop as long as global warming is in effect and the hurricanes leave the gulf alone. Good news for all. Thanks to the current administration for turning off the hurricane

DavenRoxy
DavenRoxy

Consumer sentiment is high? Where? I don't see any happy consumers where I live. I think the way we are going today, the US will... Wait, I need to confer with Kip a minute before I say more.

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JohnR! Grand Master

JohnR!   5,495

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Filed: Country: Monaco
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I agree with you on that one. When you buy a new car you must factor in the swing in the price of oil. If you can't affort a $1-2 swing in the price at the pump you need to consider another model. For most, getting a new car every year or two is not a sensible financial option. Which brings me to my initial idea: It would be ludicrous to believe people will go back to buying gas guzzlers because of a temporary fall in the price of oil.

I will buy gas when it's $7 a gallon because I prefer to drive over walking. Won't have much choice.

But I also realize that buying a new car because it gets better gas mileage takes a LONG time before I realize the cost benefit...

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The Nature Boy Grand Master

The Nature Boy   4,224

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Filed: Lift. Cond. (apr) Country: Philippines
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That's an incorrect statement, IMHO. If you can afford a gas guzzler, the price of gas is the least of your concerns.

One of my daily drivers is a mean spirited 302CID Mustang GT. Many people ask me what gas mileage I get with it and my answer is always the same: Don't know. Don't care.

The only people concerned with the price of gas are those who can't afford the cars they drive anyway, regardless of the cost of gas.

Harly a guzzler at 20 avg mpg

New common Core Math

5 is more than 7

https://scontent-a-dfw.xx.fbcdn.net/hphotos-xap1/v/t1.0-9/10917266_1033816069978579_2234840674493232699_n.jpg?oh=2b9740840330c21d2d35340338e1171a&oe=553F78BE

OriZ Mentor

OriZ   3,157

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Filed: IR-1/CR-1 Visa Country: Israel
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Wow what a concept...Highs happen near, gasp, highs...and lows near lows. Who would have thought.

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