Speed Trap Hunter Forum: Best Radar Detectors, Laser Jammers, Laser Detectors, Speed Cameras Forum  

Go Back   Speed Trap Hunter Forum: Best Radar Detectors, Laser Jammers, Laser Detectors, Speed Cameras Forum > National Motorists Association (NMA) Discussion Group & Forum > NMA Articles
Radar Detectors Forum Logon:


NMA Articles National Motorists Association (NMA) Articles

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 2008-08-19
NMA Reporter NMA Reporter is offline
Senior Member
 
Join Date: 2008 Feb
Posts: 125
NMA Reporter is on a distinguished road
Exclamation Turn High Gas Prices In Your Favor: Buy A Gas Hog

NMA Article: Turn High Gas Prices In Your Favor: Buy A Gas Hog

hog

By Eric Peters, Automotive Columnist


One way to turn high gas prices in your favor is to consider buying a gas hog vehicle.


That may sound crazy at first, but the plummeting value of larger, not-so-fuel-efficient pick-ups, SUVs and larger sedans has left buyers holding all the cards. It’s a virtual sure bet that you can drive home such a vehicle at a tremendous discount — very possibly enough to keep you in “free gas” for several years, even at 15 mpg.


Especially if you don’t use it as an everyday vehicle.


GM, Ford and Chrysler, for example, are offering discounts as large as $8,000-$10,000 off on several popular models — and that’s just “up front.” You can count on being able to haggle the price down even more — because the dealers are increasingly desperate to get these vehicles off their lots. Private sellers may be even more motivated — because they literally cannot afford to keep the vehicle any longer and will be sorely tempted by any offer that puts cash in their hands.


Some specific recommendations:


Ford Crown Victoria/Grand Marquis

This is a full-sized, six-passenger rear-wheel-drive sedan with a standard V-8 engine that gets 15 city, 23 highway. It is also (by far) the least expensive large sedan with a V-8 engine you can buy. The slightly nicer/posher Mercury version carries a sticker price (2009 model year) of just $28,170. Two or three year old versions of this big cruiser and its Ford cousin are currently in the $10,000-$15,000 range — or about what you’d pay for a new subcompact and half the price of a new hybrid Prius.


GM Hummer H3

The “small” Hummer (based on the Chevy Canyon/GMC Colorado pick-up) is being offered at fire sale discount — $7,500 off the MSRP sticker price (which begins at $32,345 for V-6 equipped models). That puts the price of this rugged off-roader down to the $24k range — and you can probably haggle it down some more from there. The cost to own the larger, Chevy Suburban-based Hummer H2 is cut back even more — by as much as $8,000 off sticker, just for openers. GM is absolutely desperate to get rid of Hummers and dealers stuck with a parking lot full of unsold inventory are pretty much at your mercy.


Chrysler Pacifica Wagon

This large wagon is thoroughly pleasant, if a bit underpowered and gas thirsty (15 city, 22 highway from the standard 3.8 liter V-6). But with room for six and available all-wheel-drive, it makes a great family car — especially given the bargain basement prices. Chrysler has already announced that 2008 will be the final year of production — which alone would assure a great deal. But Chrysler is hurting badly right now — across the board — so any buyer with cash in hand is sure to walk away with a new Pacifica for a lot less than the $24,635 base price. Slightly older ones are even more agreeably priced. Current retail values for ‘05 models, for example, are in the $11k-$16k range.


Toyota Tundra Pick-up

Toyota (and Nissan) chose the worst possible moment to come to market with large, V-8 powered pick-ups to go toe-to-toe with domestic pick-ups such as the Ford F-150 and Chevy 1500 series. Sales of all large trucks are tanking — but Toyota and the other import brand don’t have the loyal following among truck buyers that Detroit’s Big Three still enjoy. So now is a great time to buy a full-size import pick-up like the Tundra (as well as its Nissan equivalent, the Pathfinder Armada). The slow-selling Honda Ridgeline is another good bet — though this car-based pick-up is not a heavy-duty vehicle like the Tundra or Pathfinder and does not offer a V-8 engine. Still, it’s the one Honda you can haggle over price on — and that is no small victory!


Lincoln Navigator

The grandaddy of super-sized SUVs has become a super-sized liability for Lincoln dealers — where unsold Navigators are sitting like so much high-priced lawn sculpture. The Mark LT pick-up (basically a dressed up version of Ford’s F-150 pick-up) is an even greater source of red ink. Both are on the endangered species list — and you can expect to be treated like royalty just for thinking about buying one these days. See also: Cadillac Escalade and GMC Yukon Denali.


General Recommendations:

It’s open season (for buyers) on pretty much any mid-sized or full-sized SUV (especially those with V-8 engines), large pick-ups and sedans. The domestics are hurting more than import brands — so the best deals are likely to be had at a Ford, GM or Chrysler store. But don’t overlook import brand mid and large SUVs — which are experiencing the same problems as their domestic counterparts — or prestige brands such as BMW, Audi and even Mercedes Benz. It’s not just gas prices but the general economic downturn that is hurting the industry across the board. You may be able to get a much better deal than you thought possible — and it can’t hurt to ask!


For info on some of the currently available incentives/rebates, etc., see:


Ford vehicles: http://www.fordvehicles.com/incentives/offers/


GM vehicles: http://www.gm.com/vehicles/currentoffers/


Chrysler vehicles: http://www.chrysler.com/en/incentives/


Comments?

www.ericpetersautos.com


Image Credit


Are You A NMA Member? If not, read about the benefits and then join!


Turn High Gas Prices In Your Favor: Buy A Gas Hog


Further Reading:






© 2008 NMA
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
West Virginia Supreme Court: Turn Signal Optional On Empty Road NMA Reporter Economics & Politics 0 2009-05-07 00:14
The Effect Of A National Speed Limit On Traffic Safety & Fuel Prices NMA Reporter NMA Articles 0 2008-07-27 08:49
How Do Gasoline Prices Affect Driving Behavior? NMA Reporter NMA Articles 0 2008-07-20 20:33
Tired Of High Gas Prices? Don’t Ask The Government For Help NMA Reporter NMA Articles 0 2008-06-05 01:15
Will Plug-in Hybrids Save Us From High Gas Prices? NMA Reporter NMA Articles 1 2008-05-03 22:39


All times are GMT -4. The time now is 22:27.


©2019 SpeedTrapHunter