Comments on: Hold onto that big SUV http://advancedpersonalfinance.com/hold-onto-that-big-suv/ Moving beyond the basics Wed, 19 Nov 2008 17:30:36 +0000 http://wordpress.org/?v=2.2.2 By: Gerhard von Breuning http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-37047 Gerhard von Breuning Thu, 23 Oct 2008 17:31:25 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-37047 I love the "this is a free country so people can drive whatever they want" retorts. Yes, but also being free, you can say nearly whatever you want as well. Thus, allow me to add a concurring opinion that H2 drivers are douchebags. I too am compelled to catch a fleeting glance of the kind of person who would not feel idiotic driving such a thing. At least a truck can be useful... but an H2? My Honda of nearly 12 years continues to pump out 30 MPG. I love the “this is a free country so people can drive whatever they want” retorts. Yes, but also being free, you can say nearly whatever you want as well. Thus, allow me to add a concurring opinion that H2 drivers are douchebags. I too am compelled to catch a fleeting glance of the kind of person who would not feel idiotic driving such a thing. At least a truck can be useful… but an H2? My Honda of nearly 12 years continues to pump out 30 MPG.

]]> By: Equipment Leasing http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-30837 Equipment Leasing Mon, 14 Jul 2008 18:25:17 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-30837 To Dakotan, trucks are one thing but Hummers have absolutley no use for any type of work . Except if you put your company's logo on the side of it which I actually see a lot of. Another interesting note is that the local dealers here in southern California are charging a premium for compact cars like civics and scions, not to meniton hybrids. So if you sell your truck for 2k less thatn you want to, keep in mind that you'll pay 2k more for a decent compact care than you might be planning to. To Dakotan, trucks are one thing but Hummers have absolutley no use for any type of work . Except if you put your company’s logo on the side of it which I actually see a lot of. Another interesting note is that the local dealers here in southern California are charging a premium for compact cars like civics and scions, not to meniton hybrids. So if you sell your truck for 2k less thatn you want to, keep in mind that you’ll pay 2k more for a decent compact care than you might be planning to.

]]> By: Dakotan http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28950 Dakotan Mon, 23 Jun 2008 19:56:06 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28950 Thanks, Festivus for reminding me why I live so far away from city morons like yourself. Where I come from, the only people driving large SUV type vehicles are rednecks and it is important to drive such a vehicle in order to do their job keeping people like you fat from fast-food burgers. Thanks, Festivus for reminding me why I live so far away from city morons like yourself. Where I come from, the only people driving large SUV type vehicles are rednecks and it is important to drive such a vehicle in order to do their job keeping people like you fat from fast-food burgers.

]]> By: Festivus http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28575 Festivus Thu, 19 Jun 2008 02:27:54 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28575 Love the post. And to CommRE - get a life! Stop being so sensitive. Apparantely you haul mulch and whatnot so you need a truck, but guess what - most people who own those things aren't hauling anything! And give me a break about the "free country" part. There are tons of countries that are free and wealthy and people don't roam around like morons in huge SUVs just because they see rappers doing it. The fact is the bottom rung of American society is made up of people who do these kinds of things, they aren't examples of the virtues of a free country, they're the free-riders who we would be better off without. I hope gas prices continue to go up, I hope they go up to $10 per gallon so all these morons that live beyond their means and drive Hummers to try and look cool sink further and further into debt. Meanwhile I'll continue to increase my net worth by six-figures per year and pay a few bucks to some redneck to haul mulch for me if I ever need it. Love the post. And to CommRE - get a life! Stop being so sensitive. Apparantely you haul mulch and whatnot so you need a truck, but guess what - most people who own those things aren’t hauling anything! And give me a break about the “free country” part. There are tons of countries that are free and wealthy and people don’t roam around like morons in huge SUVs just because they see rappers doing it. The fact is the bottom rung of American society is made up of people who do these kinds of things, they aren’t examples of the virtues of a free country, they’re the free-riders who we would be better off without. I hope gas prices continue to go up, I hope they go up to $10 per gallon so all these morons that live beyond their means and drive Hummers to try and look cool sink further and further into debt. Meanwhile I’ll continue to increase my net worth by six-figures per year and pay a few bucks to some redneck to haul mulch for me if I ever need it.

]]> By: free guitar music http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28574 free guitar music Thu, 19 Jun 2008 02:16:35 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28574 I don't mind if folks want to drive gas-guzzling SUVs. I can understand the safety factor, et al. I do think that some have shown attitudes from their drivers seats "on high" while staring down at the rest of us. But that's not confined just to SUV drivers. My pet peeve is folks who clearly can't multitask who drive (badly) down the road with a cell phone plastered to their ears. Arrrgghh. I don’t mind if folks want to drive gas-guzzling SUVs. I can understand the safety factor, et al. I do think that some have shown attitudes from their drivers seats “on high” while staring down at the rest of us. But that’s not confined just to SUV drivers.

My pet peeve is folks who clearly can’t multitask who drive (badly) down the road with a cell phone plastered to their ears. Arrrgghh.

]]> By: RWH http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28537 RWH Wed, 18 Jun 2008 17:48:15 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28537 The only assumption I made is the average mileage driven by U.S. motorists and average mpg for a full size SUV in mixed driving. If you drive fewer miles the numbers change. If your SUV is paid off and you think it will last many years the numbers change. If your SUV gets better than 15 mpg in mixed driving the numbers change, although not many do, particularly full size SUVs. So as they say, you're mileage may vary. But I think it's worth adding to the discussion. The only assumption I made is the average mileage driven by U.S. motorists and average mpg for a full size SUV in mixed driving.

If you drive fewer miles the numbers change. If your SUV is paid off and you think it will last many years the numbers change. If your SUV gets better than 15 mpg in mixed driving the numbers change, although not many do, particularly full size SUVs.

So as they say, you’re mileage may vary. But I think it’s worth adding to the discussion.

]]> By: KMC http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28508 KMC Wed, 18 Jun 2008 11:41:27 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28508 @ RWH - Except I didn't mention anything about 15 MPG or 15,000 miles driven per year. Yes, if you use the right numbers, you can 'prove' just about anything. In your example, I can see your point, but you make a whole host of assumptions to get there. @ RWH - Except I didn’t mention anything about 15 MPG or 15,000 miles driven per year. Yes, if you use the right numbers, you can ‘prove’ just about anything. In your example, I can see your point, but you make a whole host of assumptions to get there.

]]> By: RWH http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28413 RWH Tue, 17 Jun 2008 19:30:55 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28413 If you drive an SUV that gets 15 miles/gal and drive 15000 miles per year you use 1000 gallons of gas. At $4/gal that's $4000. A car that gets 30 mpg will use half the gas and cost $2000 to drive the same number of miles. So, if "Large SUVs are going for $1,000 - $3,000 less than they were last year" then I don't see how you can make the argument "even with gas at $4 a gallon, the incremental cost of fueling that thing for the year is still a better deal than selling into this market". The average of $1000-$3000 is $2000. That's the same amount as you would save given the numbers I mentioned at the beginning. And going forward you would save that each year. There are plenty of cars that average 30 mpg in mixed highway and city driving. So, unless you really need to drive the SUV for some specific purpose, the numbers you used in the post would lead me to conclude you still would be better off in the long run to sell the SUV and replace it with a more fuel efficient vehicle. If you drive an SUV that gets 15 miles/gal and drive 15000 miles per year you use 1000 gallons of gas. At $4/gal that’s $4000.

A car that gets 30 mpg will use half the gas and cost $2000 to drive the same number of miles.

So, if “Large SUVs are going for $1,000 - $3,000 less than they were last year” then I don’t see how you can make the argument “even with gas at $4 a gallon, the incremental cost of fueling that thing for the year is still a better deal than selling into this market”.

The average of $1000-$3000 is $2000. That’s the same amount as you would save given the numbers I mentioned at the beginning. And going forward you would save that each year. There are plenty of cars that average 30 mpg in mixed highway and city driving.

So, unless you really need to drive the SUV for some specific purpose, the numbers you used in the post would lead me to conclude you still would be better off in the long run to sell the SUV and replace it with a more fuel efficient vehicle.

]]> By: Herb http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28318 Herb Mon, 16 Jun 2008 02:02:03 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28318 Douche indeed! Imagine the demand decrease we'd see if SUVs dropped off the road! Douche indeed! Imagine the demand decrease we’d see if SUVs dropped off the road!

]]> By: Equipment Leasing Company http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28315 Equipment Leasing Company Mon, 16 Jun 2008 00:38:07 +0000 http://advancedpersonalfinance.com/hold-onto-that-big-suv/#comment-28315 Some food for thought... how much longer until "compact cars" actually become an upgrade at car rental agencies? I mean, if I'm traveling and space isn't an issue, I just might pay a little extra per day to save a potentially huge amount in gas. While driving today, the cheapest gas I saw in my neighborhood (87 octane) was $4.53/gallon... filling up a 20-gallon SUV doesn't sound too good to me. Some food for thought… how much longer until “compact cars” actually become an upgrade at car rental agencies? I mean, if I’m traveling and space isn’t an issue, I just might pay a little extra per day to save a potentially huge amount in gas. While driving today, the cheapest gas I saw in my neighborhood (87 octane) was $4.53/gallon… filling up a 20-gallon SUV doesn’t sound too good to me.

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